WORST IS OVER
BEST IS YET TO BE
SITUATION IN BRITAIN MIDLAND BANK VIEW United Press Association—By Electric Telegraph—Copyright. (Received 6th October, 2 p.m.) LONDON, sth October. The first expression of opinion by any member of the "Big Five" Banks on the suspension of the gold standard is contained in the monthly review of the Midland Bank, which declares that the outlook may legitimately be viewed with calm and confidence. There is no ground for panic or even pessimism. Britain's plight is no worse than that of others. The temporary abandonment of gold may, indeed, mark the turning point from world slump to world recovery, since it intensifies the urgent need for international collaboration. "The worst is over and the best is yet to be." ,
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Bibliographic details
Evening Post, Volume CXII, Issue 84, 6 October 1931, Page 8
Word Count
125WORST IS OVER Evening Post, Volume CXII, Issue 84, 6 October 1931, Page 8
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