VATICAN CITY
.United Press Association—By Electric Telegraph.—Copyright.) (Received this day at 1.0 p.m.) VATICAN* CITY, March 25. The “Osservatore Romano” on the eve of the International Wheat Conference advises the simple biblical remedy following Joseph’s example of garnering in the fat years and storing for sale in lean years. The paper suggests the price .could thus be stabilised bv the use only of a small proportion of the world’s gold resources, estimating the world’s surplus at 420,000.000 bushes purchasable at 2s 9d a bushel. The paper says that this would involve only an expenditure of 24 per cent of gold reserves “while gold is of only relative value, grain has a most absolute value in the world.
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Hokitika Guardian, 26 March 1931, Page 5
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117VATICAN CITY Hokitika Guardian, 26 March 1931, Page 5
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