ENGLAND'S GOLD RESERVE
A BANKER'S OPINION. By Telegraph—Press Association—Cow-ritht "Times"—Sydney "Sun 11 Special Cables. London, January 24. Sir Edward Hopkinson Holden, chairman of tho London City and Midland Bank, Ltd., addressing a meeting of the bank, insisted that the gold reserve of England was insufficient to meet reasonable demands. Ho urged the appointment of a committee to consider tTie grave situation; THE AMERICAN-CANADIAN PLAN. . (Rec. January 25, 5.5 p.m.) London, January 24. Sir Edward Holden, in contending that the nation's gold reserves were inadequate, urged tho various banks to follow tho American-Canadian plan and publish their gold holdings, adding that unless they agreed tipoii the amount they hold, his bank's balancc-sheet next December would show its holding. He contended that of necessity, in case of emergency, one-third of the currency should bo based 011 gold.
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Dominion, Volume 1, Issue 1967, 26 January 1914, Page 5
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135ENGLAND'S GOLD RESERVE Dominion, Volume 1, Issue 1967, 26 January 1914, Page 5
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