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Nottingham and Midland Catholic News

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Nottingham and Midland Catholic News

DENMARK RETURNS TO GOLD STANDARD

... DENMARK RETURNS TO GOLD STANDARD. • The two Chambers of the Riksds.; adopted bill permitting the convertibility of Danish notes into gold as from January Ist at a rate of 28,000 kroner against one bar gold. ...

211 M FREE STATE -BANENG SYSTEM. Commission Advises Return to Gold Standard

... M FREE STATE - BANENG SYSTEM. Commission Advises Return to Gold Standard. The Banking Commission set up by the Finance Minister of the Irish Free State has issued its final report, which contains a general survey of the banking and credit problem of the ...

Bankers and the Geld Standard

... question of the gold standard expressed by the chairmen of the three big banks, which held their annual meetings during the past week. Mr. McKenna aC the Midland Bank meeting laid particular emphasis on thu moral effect of a gold standard on a oountry, ...

A S•und Basis

... A S•und Basis. \Viten it worked properly the gold' standard of exchange was a sound and flexible basis for finance. Only the bankers and financiers really understood how it ivorked, so politicians and ordinary voters left the control of prices to the ...

GOLD IN THE AIR

... of valued at tan of geld. and day-old chickens were included in the cargo of as aeroplane which Sew London to Paris. + GOLD STANDARD IN NORWAY. ...

ITEMS OF INTEREST

... charities funds was seventy-one. seversi people present were over ninety years of ITALY REVERTS TO THE GOLD STANDARD. Italy in reverting to the gold standard has adopted a new par value for the flietional currency. Butoeforth the rate of exchange will be 95 ...

Budget Prospects are Regarded Quite Favourably

... Budget Prospects are Regarded Quite Favourably. A statement by the Government in regard to the restoration of the gold standard is long overdue. The Chancellor of the Exchequer is being frankly criticised by the Press and on the platform for delaying ...

Maryland Catholid Activity

... countries which, by reason of the great of their currencies or on other grounds find it impossible to return direct to a gold standard. This decision wan only arrived at in view of the fact that these countries would not accept at once the inevitable devaluation ...

TRADE AND FINANCE

... ort tr•de, mainly owing to Jariff walls and to this country going the gold standard and one or two oilier countries with whom we do quite a big business remaining on • gold standard. . . . In spite of the slight set-hack in net profits. the directors ...

Depreciation of Sterling in Now York

... steady influx of gold from abroad into the Bank of England, so much so that the net loss since the restoration of the gold standard at the end of April, 1925, has been reduced to a little over 0,000,000. With the ,improvement in the gold position the ...

CAN ISH

... The news that Denmark hus taken steps to continue her profitable hold of the Betish markets by herself going off the gold standard and keeping the alue of the pound almost unaltered has gisett aShuck to those hopes, for Denmark hits in badly . badlin ...

TRADE AND FINANCE

... Highest 1031. Lowest 99 7-16. Stock Fxrhangc_.47ount Day, October 1:61. OFF GOLD. Following upon the suspension of the gold standard by Great Britain as from September 21, similar action been taken by:--Colornbia, Denmark, Egypt, Finland. India, Irish ...