... GOLD STANDARD SUSPENSION Commerce President's Confidence More Intelligent Control Sir William Clare Lees, president of the Association of British Chambers Co'»- merce, at their annual meeting at to-day, said: We approve the action of the Government ...

... GOLD STANDARD ACT. Sub-section of Suction I of th e (bold standard Art of 1925, whose provisions have hero impended, reads:— So long the , perceding sub-anion remains in force, the Bank of England shall be hound t.. PCil to any person who mars a demand ...

... external markets because Britain has gone off the gold standard. The reasons for this belief are not very substantial, and when it is expanded into a belief that since we have gone off the gold standard the balance of our external trade will look after ...

... declared that the fact that this country had gone off the gold standard automatically disposed of the problem of the adverse trade balance. It was said that if they suspended the gold standard the balance of our external trade would look after itself ...

... estimates on the assumption that no real industrial revival was to be expected for some years . Tlie departure from tho Gold Standard , coupled with the probability of a tariff , has , however , altered tho situation . The inclination now is to take tlie ...

... maelstrom during the week-end, that the effort to shore up the pound sterling by balancing the Budget had failed, and that the gold standard had been temporarily abandoned. Mr Arthur Henderson has suggested that as the immediate purpose of the National Government ...

... indeman . 22 Young Sh-oct , Edinburgh , September 23 , 1931 SiE , —The country having taken tho plunge and gone off the gold standard , it is to bo hoped that there will bo no undue haste to get back to it . It is true that we could quite easily get back ...

... to ensure that this stampede shall not rob us of all our gold, and so push us off the gold standard altogether. The consequence* of the suspension of the gold standard are hound to disagreeable. said the Chancellor of the Exchequer in his broadcast talk ...

... the decision to go off the gold standard made the swift passage of the Finance Bill more vital than even was before. He said that whatever might be the importance of balancing the Budget when the country was on the gold standard, it was even more necessary ...

... below those of Tuesday—world markets are settling down to the new conditions raised by Great Britain ' s suspension of tho Gold Standard . The depreciation of the £ 1 in terms of franes is likely , it is expected , to have tho effect of causing an influx of ...

... tariff . A tariff . Sir John Simon said , is more important nnw than ever . The gold standard and a balanced Budget were Britain ' s twin anchors . Now that the gold standard has gone , it is necessary to control the balance of trade , because lt ^ cmi ...

... occurred on the world markets. They are still readjusting themselves to the situation created by Britain's abandonment of the gold standard. French Industries Alarmed It is regarded as highly satisfactory that yesterday's Stock Exchange activity has shown no ...