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WHAT THE GOLD STANDARD MEANS

... WHAT THE GOLD STANDARD MEANS. The following brief explanation of the work: ing of the gold standard appeared in Mon day's '* News-Chronicle '— In the world of commerce different forms of currency ure adopted in each conntry such as pounds, dollars, francs ...

Published: Saturday 26 September 1931
Newspaper: Shetland Times
County: Shetland, Scotland
Type: Article | Words: 567 | Page: 4 | Tags: none

GOLD STANDARD SUSPENSION BILL. Mr Snowden Explains the Situation. Hoarding by France and America a Cause of ..

... GOLD STANDARD SUSPENSION BILL. Mr Snowden Explains the Situation. Hoarding by France and America a Cause of Trouble , Parliament had on MuLday a busy and citing day. Both Houses collaborated in rust.ag through the Bill to suspend the operation Sub-Section ...

The Oban Times Saturday 26th September 193 t THE GOLD STANDARD SCARCITY OF THE METAL OUR FOREIGN TRANSACTIONS ..

... The Oban Times Saturday 26th September 193 t THE GOLD STANDARD SCARCITY OF THE METAL OUR FOREIGN TRANSACTIONS UNBALANCED THE ROOT CAUSE OF OUR FINANCIAL AND industrial troubles lies in the fact that the Country has been importing more goods than it has ...

The Shetland Times, “The O ¥ock”

... bemng the operation of sub-section 2 of section 1 of the Gold Standard Act of 1925, which requires the Bank to sell gold at » fixed price” —in other words, the country bad gone off the gold standard Though such a step was not enrely unlooked for by eeunomists ...

Published: Saturday 26 September 1931
Newspaper: Shetland Times
County: Shetland, Scotland
Type: Article | Words: 981 | Page: 4 | Tags: none

J. S. SMITH & SONS,

... CO. LTD.. CLASOOD 124 HIGH STREET, ARBROA' GOVERNMENT AND GOLD STANDARD. It was announced on Monday that the Cabinet had decided to suspend the opera- tion of that section of the Gold Standard Act which requires the Bank of England to sell gold at a fixed ...

Published: Saturday 26 September 1931
Newspaper: Arbroath Guide
County: Angus, Scotland
Type: Article | Words: 393 | Page: 2 | Tags: none

SAME EFFECT AS TARIFF

... effect of the departure from the gold standard, Mr Scott said that British manufacturers would have to pay more for raw materials from abroad, whfch would affect wages in time While the departure from the gold standard would have one or two effects which ...

Published: Saturday 26 September 1931
Newspaper: Aberdeen Press and Journal
County: Aberdeenshire, Scotland
Type: Article | Words: 692 | Page: 8 | Tags: none

A SOLID. SOUND CORE,

... not matter very much that we had gone oft’ the gold standard, as it would have very much the same effect as a tariff. That was a very dangerous assumption to make, because this matter of the gold standard, once the pound was not linked and tied closely ...

Published: Saturday 26 September 1931
Newspaper: St. Andrews Citizen
County: Fife, Scotland
Type: Article | Words: 1101 | Page: 7 | Tags: none

THE £ 1 —«—Further Falls in Foreign Centres CRISIS BEPERCUSSIOINTS

... farther heavy falls yesterday in t ' ae value of sterling all over the world following on the temporary abandonment of the gold standard by Great Britain . The following are particulars received from Benter correspondents of prevailing conditions on tb& money ...

Published: Saturday 26 September 1931
Newspaper: The Scotsman
County: Midlothian, Scotland
Type: Article | Words: 67 | Page: 15 | Tags: none

ERS ALARMED

... offered at 16.25 Ironer. BERNE. The parity of the Swiss gold franc is to be maintained, and Switzerland will remain on the gold standard. The heavy and unprecedented fall of sterling l 3 causing considerable perturbation in Swiss business circles. ...

Published: Saturday 26 September 1931
Newspaper: Daily Record
County: Lanarkshire, Scotland
Type: | Words: 126 | Page: 1 | Tags: none

TOURISTS AND THE £l

... TOURISTS AND THE £l. British tourists on the Continent felt the most immediate effect of the suspension of the gold standard. Thev had the humiliating experience of seeing foreigners looking at the British £1 with a severely critical eye, and had to be ...

Published: Saturday 26 September 1931
Newspaper: Falkirk Herald
County: Stirlingshire, Scotland
Type: Article | Words: 475 | Page: 6 | Tags: none

-DENMARK King ' s 61 st Birthday To-day

... according to an old Danish custom , is served , followed by a State dinner in tho evening . Denmark having gone off tho gold standard , which step Sweden is expected to followit has been decided by tne Danish . Government , after conference with the Copenhagen ...

Published: Saturday 26 September 1931
Newspaper: The Scotsman
County: Midlothian, Scotland
Type: Article | Words: 196 | Page: 12 | Tags: none