GOLD HOARDING.

Press, Volume LXVIII, Issue 20495, 14 March 1932, Page 12

GOLD HOARDING.

BANK CHAIRMAN'S (FBO3I OCR OWN ' The dangers arising ing of gold by were;.' • ' stressed by* Goodenough, presiding meeting of Barclay's The default of he pointed out,- was~due able degree to the principal creditor payment in goods. lated' more freely, he «<■aßß lose its value, and'th<sse inevitably be faced Mr Gupdenougli attributtiSS^^Ei• financial crisis to the dity,prices; the problem nVtftjjSjßfr the payment of war tioiis.: If war debts and could be. satisfactorily'deatt would lead probably tioulof gold and an .""VTlfKffHmr prices of commodities help the' return to norm'6lf^aßg!f. Empire' . if- tariffs could a)sa 'iie/nijaHK. feel-that' the two ' the present depression will, .removed, -and that .\re UWy fideritlv . look forward toincreasing prosperity," 'he'ed^t^^fr Lord • Ainulree,'- spea&ing- : body of, the hall- referred, to ,mait!s jStatement j;hat the soriie preference in" certamaSaS?!- ' would be "to thergfeit- advaniifflJaraC' Empire. "The time hag said Lord Anuilree, "when ffe ilSr-' devote more attention, political, to the affairs of the EnriStf and. less to the polity ofv Free trade between the MotWjßmT try and the Colonies would benefitintii® and strengthen the ties linking jiS' great commonwealth." -Pf* , 4 f * n* " * -tsip ENGLISH MARKER; 5 RUBBER, JUTE, AND C0P1& \ ~ i ~ V'«' (tTITED PRESS. ASSOCIATIOH—BT-"SUOBhI' TELEGRAPH—COPtaiSHT.) -T^T^f' (Revived March 13th, 5,5 p.»^ LONDON, MMcfe""#!:; Fridays closing prices w«e at Cotton—April, S.'iTd per lb.- ' • a 4&? 1 Kubber—Park 3Jd per lb; ■ smoked, 2gd. , - Jari Jute—March-April, £lB 18s 9d. Copra—Nominal, April-Jf*j, i'l6 2s fid; plantation, Babau], *£!(► Linseed Oil—£l6 lOsi ■ L !%»,,• Turpentine—s9s 9d. - , . <&||B