... 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 ...

... 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 ...

... 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 ...

... 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 ...

... could be imagined, and the stories of national prosperity being the direct and immediate sequel to our abandonment of the gold standard—hased upon the inevitable rise in most securities, due to the fall in the value of sterlinggrew in volume until it equalled ...