RUMOUR OF CHANGE IN DOLLAR'S VALUE STILL PERSISTS
(Received 12, 10.15 a.m.) NEW YORK, April 11. The Herald-Tribune's Washington correspondent says: Despite President Roosevelt's denials, a bolief peraists that the Adminiatration Is ■eeking a revaluation of the dollar, perhaps ,hy tacitly co-operating with . a, decline of the frano and aterling. Such a decline- would be permanent and would have an effect oi retarding over-expansion of domestic prlces, which the Admiaistration seems anxious to prevent. The influx of gold to the United Btates ro take advantage of the Treasuiy's high price apparently continues unchecked. Thursday's purchases amounted to 6,041,000 doHars, a total of 367,000,000 oollarg since last autumn.
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Hawke's Bay Herald-Tribune, Issue 72, 12 April 1937, Page 7
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107RUMOUR OF CHANGE IN DOLLAR'S VALUE STILL PERSISTS Hawke's Bay Herald-Tribune, Issue 72, 12 April 1937, Page 7
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