MONETARY STANDARDS
RETURN TO GOLD ADVOCATED RESOLUTION BEFORE LEAGUE COMMITTEE Press Association—By Telegraph—Copyright GENEVA, September 25. Mr E. L. Burgin (Britain), at a meeting of the Economic Committee, moved a resolution recommending Governments ultimately'to aim at a return to the gold standard and expressing the belief that the removal of impediments to trade was essential before an international monetary standard could become effective, and that Governments encourage freer trade by bilateral agreements, subject to revision at short notice in the event of a large variation in ' exchange. The resolution also pointed out that recovery in trade would greatly be assisted if agreements were based on the most-favouied-natidn clause.
"M'.'Bonnet (France) accepted the resolution, which will become an AngloFrench motion, and it will be discussed later.
M. Bonnet moved that the Secretariat’s economic section seek the advice of agricultural experts throughout the world with a view to removing the agricultural depression. _ The League’s Financial Commission reported strongly, in favour of a rapid return to the gold standard and abolition of trade restrictions.
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Evening Star, Issue 22144, 26 September 1935, Page 11
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171MONETARY STANDARDS Evening Star, Issue 22144, 26 September 1935, Page 11
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