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... Business Leaders' Comments. SIR D. R. LLEWELLYN Emphasises Need For Tariffs. The Government's action in suspending the gold standard was freely discussed in industrial and commercial circles on Yon- day ' and many conferences of executives of trade or ...
... relief suspension of the gold standard l 'l not brought about crash in ster- (i as a consequence business was Arrivals from South Africa consisted of 250,000 sovereigns and £494.000 in bars, and in view of the fact that the gold standard has ceased to operate ...
... occasion any surprise in London, where the expectation was that in the first shock of the news that wo had gone off the gold standard the rates of exchange would show a still heavier drop. There ia, of course, intense curiosity and concern to see what will ...
... effect restoring confidence abroad, said Mr. Snowden in broadcast talk last night, explaining Britain's departure from gold standard. Britain's Budget is now the most securely balanced Budget the world, the Chancellor went on. Tho pound will not go the ...
... this unity of action. Everybody may not agree that the gold standard has to go, but the inexorable facts the international monetary situation at the end of last week has settled that. The gold standard has gone, it has gone for an indefinite period, and ...
... COUNTRY GOSSlgXtt The Burden of the Day. The suspension of the Gold Standard has been accepted very quietly as far as I have been able to judge. The need for such a check on our foreign outgoings has been readily recognised, and whatever inconvenience ...
... NEW STEPS TO CORRECT TRADE BALANCE. Government Leaders Determined to Go Ahead. GOLD STANDARD BILL PASSED. Effect of Decision on Paris and New York Money Markets. ...
... of a hastily-convened meeting of the Cabinet, held on Sunday night, it was decided that Britain should depart from the gold standard. Yesterday the House of Commons adopted the measures necessary to give effect to this decision. It had been thought that ...
... introduce a Bill to suspend the operation of Section 1 (Sub-Section 8) of the Gold Standard Act, 1985, and for other purposes connected therewith. In addition to suspending the gold standard it indemnifies the Bank of England for having yesterday acted in advance ...
... 237 am Full moon MORE TO BE DONE PARLIAMENT last night im- plemented decision of the National Government to suspend the gold standard for six months The passing of the Bill required for such purpose occupied approximately seven hours Throughout country ...
... the POnation bad beams so serious that it was quite evident it could no longer be dealt with except by suspending the gold standard, and so the Bank of England addressed a message in tha following terms to the Prime Minister and myself:— 'I am instructed ...
... LONDON. Sept. 21.—Years of a depreciation in sterling following the suspension of the gold standard led to an all-round marking-up of prices of all non-ferrous metals. Copper.—The nt anda rid market opened quietly there being few sellers, and first trading ...