BANK OF ENGLAND
CHANGE OF POLICY. (Unitea Press Association — By Electric Telegraph.—Copyright-J LONDON, June 30. The “Daily Herald” states: “The Bank of England is about to change its financial policy. The Bank is abandoning its deflation in favour of a slight inflation.” The “Daily Herald” expresses the opinion that this is the best news from Thread needle Street for a long time. It may be hoped that the joint stock banks will follow this new line with courage as well as caution.
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Hokitika Guardian, 1 July 1931, Page 6
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82BANK OF ENGLAND Hokitika Guardian, 1 July 1931, Page 6
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