GENERAL CABLES
THE EX-VICEROY. j'United Press Association —By Electric Telegraph.—Copyright.) RUGBY. May 4. Lord Invin had a long conversation to-day with the Secretary for India (Mr Wedgwood Bonn). Later he had an interview with the Prime Minister. He left London to-niglft for the north. BANKERS CONFER. (Received 10.45 a.m.) WASHINGTON, May 5. Sir Alan Anderson, director of UnBank of England before the International Chamber of Commerce to-day discussing the warning against placing the burden of international settlements on gold, asked if it would not he better to cancel such obligations. A Chinese delegation urged the Chamber to bring about an immediate international conference to stabilise tlie price of silver. GOLD STANDARD.
Dr W. H. Coates. British financial expert, aske ( ] the Chamber to support proposals establishing a gold standard in China- and to assist in bringing about a change. Dr Contes said that an attempt to improve U>o silver standard or bring about t’-e stability of value of silver was clearly condemned to failure an ( ] said that the Government .move away from silver, as a monetary metal still progress was reducing tlie demand for ore while the supply was increasing.
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Hokitika Guardian, 6 May 1931, Page 5
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189GENERAL CABLES Hokitika Guardian, 6 May 1931, Page 5
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