... John made it clear that there is {ti difference between departing Gold Standard and inflating n> reckless printing of no^,-1 ' times we had two safeguards inflation —the Gold Standard nnn balanced Budget, and now > ii first safeguard had gone it beho' ...

... accept an “elastic” system of world conditions declared Lord Hugh Cecil, while Sir John that after the with- drawal of the Gold Standard, it was that Britain should defend her second line of trenches by balancing the Budget. The m proposed must be enforced ...

... formed, thev were told that they must support it at all costs, that every patriot must support the gold standard and the Union Jack. The gold standard has disappeared,” said, and I suggest the Union Jack is on its way towards vanishing as well, for so ...

... Government v formed they were told that they must support at costs, that every patriot must support the gold standard and the Union Jack. The gold standard has disappeared.” he said, and I suggest the Union Jack is its way towards vanishing as well, for ...

... oft the gold standard should be cheap money Internally. No one quite seems to know of any cogent reason why the Bank rata should have been raised. Bank rate Is lever to attract gold to the Bank tn normal times, but now we are off the gold standard the attraction ...

... London yesterday , stato : — With Iho prospect of some diminution in foreign imports following tho departure from ( ho gold standard , wo desire to assure the public that New Zealand will make , an unprecedented elfort to increaso tho supplies of food ...

... 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 ...

... sterling i was referring to what might happen if we did not balance the Budget and at the same time had to abandon the gold standard. It would hare been a very different thing H the pound had begun to go a month or so ago. when we had a huge deficit in ...

... being given a filip consequent upon the lower value of the pound on the Continent. The effect of the suspension of the gold standard and the corresponding lower basis of the pound is equal to reduction in price of British coals exported. ' Advices have ...

... they now to maintain in their programme provisions made for the express purpose of saving greater evil in the fall of tne Gold Standard? (Opposition cheers.) ...

... their significance acquires added weight at this moment. We are hearing of the flight of the £ and the flopping of the gold standard. Aberdeen granite is one of the last things on earth likelv to be endowed with wings.- and the people who have built themselves ...

... exchange to he resumed in an atmosphere of calm and confidence . ITALY AND THE GOLD STANDARD An authoritative statement that . Italy does not intend to go off the gold standard is reported to have been recently sent- by the Italian Government and the Governor ...