TO CHEAPEN LIVING
PROPOSAL FOR THE ADJUSTMENT OF EXCHANGE. ( - London, February 26. The "Express" features a new plan for cheaper living. The problem- must be tackled from three directions: Readjustment of the American exchange, drastic reduction of shipping freights, -and reonenine. of unrestricted trade with Russia: Tt is pointed out that gold reserves held br the banks total .£170,000,000, while financiers declare that the sending to America of fifty millions in gold would rectify the exchange. The Government declares this to be impossible, but the "Express" urges that the Government could send it immediately if British people, in return for Government bonds, would lend the State gold trinkets, returnable when the normal gold reserves were re-established—Renter.
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Dominion, Volume 13, Issue 134, 2 March 1920, Page 7
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116TO CHEAPEN LIVING Dominion, Volume 13, Issue 134, 2 March 1920, Page 7
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