GOLD STANDARD
GENERAL SMUTS’ VIEWS. (United Press Association— By Electric Telegraph.—Copyright.) (Received this day at 10.15 a.m.) LONDON. November 3. General 'Smuts, interviewed, strongly criticised South Africa’s policy of remaining on the gold standard, and subsidising exports. ’The Union should have followed sterling, and escaped the adverse exchange, which deprived the producer of the existing small profit oil wool and other products, and heavily handicapped him in competition with countries and dominions off the gold standard.
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Hokitika Guardian, 4 November 1931, Page 5
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76GOLD STANDARD Hokitika Guardian, 4 November 1931, Page 5
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