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... urgent than before because we had lost one of the two lines of trenches which were our defence last week. One was the gold standard, which, he said, protected us against the insidious and powerful foe of sudden and dangerous inflation. Now that we found ...
... Dagbladet. The Minister adds that the Swedish Government have had no reason to go into the question of suspending the gold standard. Expenditure is being strictly limited, and there is no reason to see the position in a black light. At the close of the ...
... Bank rate should have been raised. Bank rate is a lever to attract gold to the Bank in normal times, but now we are the gold standard the attraction of gold does not interest us. Again, tt is very improbable that foreign bonds would be brought to or retained ...
... that the Cabinet had been discussing, and had almoit agreed upon a General Election at an early date. We went off the gold standard because the foreign depositors in England felt that we were a frivolous people, after setting up a National Governmegt ...
... normal all sorts of complications will occur in one direc- tion and another. For instance, South Africa is remaining on the gold standard, and, therefore, there is a premium on the qSouth African pound as compared with the British pound. The United Tobacco ...
... anything like that price. The quotation is simply based on the d. .ar value of sterling. America, which is the leading gold standard country, is bound to pay approximately 20.67 dollars for every ounce of gold. Yesterday the exchange value of the dollar ...
... circles this morning. It's the best thing that's ever happened, was the comment of one merchant on the removal of the gold standard. The fall in the value of the pound on the Continent will compel the foreign grower to increase his prices, and this will ...
... all regret that despite the action taken by the Government, it had not been possible for Great Britain to remain on the gold standard, but whatever the depreciation of the pound might be it would not be anything like as severe as it would have been had ...
... CO-OPERATIVI SOCIETIES EVERYWHERE CORPORATION STREET (Opposite Martlntau Street) No 12562 THURSDAY 24 SEPTEMBER 1931 ONE PENNY GOLD STANDARD FILLIP BIRMINGHAM TRADE BUSINESS ALREADY BENEFITING PUBLIC CALLS UPON RETAILERS TO SELL BRITISH” BETTER TIMES AHEAD AN ...
... currency depreciation is general neither imports nor ex- Confusion ports will be affected In far as other countries keep gold standard imports from them even decreased volume will increase in price—” The Times” Universal Mystery the decay there the continued ...
... Oslo 16 to kroner Copenhagen 17 to 8 kroner Amsterdam 95 to 10 florins Berlin 17 to 18 reichsmarks abandonment of the Gold Standard would like to call the attention of investors to the claims Vickers Ltd It recalled tail when the price was at 6s 6d for ...
... drop in the value of the £ Three hundred met yesterday to discuss the situation arising out of the suspension of the gold standard Great Britain A delegation was appointed to go to Paris to consult with Government officials upon the matter and another ...