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23 September 1931 (10)

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Western Mail

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Western Mail

By OUR CITY CORRESPONDENT

... Prominent. Iron and steel Shares, which had appreciated on the previous day, moved up again owing to the effect of the gold standard decision on prices of British exports, which it is hoped wili give the necessary stimulus to business, even if the question ...

Published: Wednesday 23 September 1931
Newspaper: Western Mail
County: Glamorgan, Wales
Type: | Words: 800 | Page: 14 | Tags: none

By OUR CITY CORRESPONDENT

... table. The foreign value of the E expressed in British currency is as follows: A direct result of the abandonment of the Gold Standard is that in relation to sterliug the price of the metal has advanced to a considerable premium for the first time since ...

Published: Wednesday 23 September 1931
Newspaper: Western Mail
County: Glamorgan, Wales
Type: | Words: 1823 | Page: 14 | Tags: none

GERMANY

... Government for not imposing a prohibitive duty on luxury Imports. CANADA. There is no question of Canada discontinuing the gold standard, according to official statements made at Ottawa on Tuesday. The governing bodies of the Canadian Stock Exchanges continued ...

Published: Wednesday 23 September 1931
Newspaper: Western Mail
County: Glamorgan, Wales
Type: | Words: 489 | Page: 8 | Tags: none

Backbenchers' Demand

... were to join the National Government, and the Opposition leader assisted in creating the atmosphere by a reference to the Gold Standard Bill which suggested his readiness to assist in presenting a united national front. This led to trouble at to-day's Labour ...

Published: Wednesday 23 September 1931
Newspaper: Western Mail
County: Glamorgan, Wales
Type: | Words: 773 | Page: 6 | Tags: none

STOP PRESS

... speaks volumes for the calm way in which everyone has taken the momentous happenings of the country departing from the gold standard. For the Stock Exchange to be open after only two days' suspension is a tribute to all concerned. It was obvious from the ...

Published: Wednesday 23 September 1931
Newspaper: Western Mail
County: Glamorgan, Wales
Type: | Words: 1386 | Page: 14 | Tags: none

WESTERN MAIL & SOUTH WALES NEWS, WEDNESDAY, SEPTEMBER 23, 1931

... cannot engage' in correspondent regarding the publication of letters. GOLD STANDARD. K.C. Says, Do Not Let Us Go Back to It. Bir,—Britain has been forced to abandon the gold standard: the majority of other countries will shortly (some have already) be ...

Published: Wednesday 23 September 1931
Newspaper: Western Mail
County: Glamorgan, Wales
Type: | Words: 741 | Page: 11 | Tags: none

TURNING OF THE TIDE

... TURNING OF THE TIDE. Suspension of Gold Standard. WORLD VIEWS. U.S. and Revision of Debt Payments. Monday's note of anxiety over Great Britain's suspension of the gold standard has given place on Tuesday to messages of cheer and re-assurance for the ...

Published: Wednesday 23 September 1931
Newspaper: Western Mail
County: Glamorgan, Wales
Type: | Words: 440 | Page: 8 | Tags: none

MOWBRAY. MALVERN

... while we were struggling to maintain the Gold Standard. There is none now. Some time must necessarily elapse to allow the £ to settle down to its new position in the world. The shock of going off the Gold Standard was a severe one, but judging from the ...

Published: Wednesday 23 September 1931
Newspaper: Western Mail
County: Glamorgan, Wales
Type: | Words: 655 | Page: 6 | Tags: none

CLIFFORD PRIORY, near Hay, w•as destroyed by fire on Tuesday. OUTLOOK OF TRADE

... destroyed by fire on Tuesday. OUTLOOK OF TRADE. No Moaning on the Cardiff 'Change. FROM OUR DOCKS CORRESPONDENT. Going off the gold standard has created a fresh atmosphere amongst operators on the Cardiff Coal and Shipping Exchange. Instead of moaning about the ...

Published: Wednesday 23 September 1931
Newspaper: Western Mail
County: Glamorgan, Wales
Type: | Words: 119 | Page: 7 | Tags: none

STEPS TO STOP PROFITEERING. 'OREIGN EXCHANGE PROHIBITION. FUNDS ONLY FOR NORMAL TRADING. The Treasury on ..

... financing. The Order reads as follows: The Lords Commissioners of 11. M. Treasury, in pursuance of Section 1 (3) of the Gold Standard (Amendment) Act, 1931, hereby order that until further notice purchases of foreign exchange, or transfers of funds, with ...

Published: Wednesday 23 September 1931
Newspaper: Western Mail
County: Glamorgan, Wales
Type: | Words: 777 | Page: 8 | Tags: none