GOLD STANDARD
IN SOUTH AFRICA.
(United Press Association—By Electric Telegraph.—Copyright.)
CAPETOWN, May 23. Th© gold standard select committee (on which the Opposition refused to serve, following a statement by the Minister of Finance that it was immaterial to the Government policy what the committee reported), states the would confer no benefit ion South Africa. It would introduce i* drawbacks such as shock to confidence, and fmbst'itutioh 'of aii uhsabie measure of value. The country has taken the shock caused by Britain’s abandonment, and the adjustments of affairs to a now basis, will leave it in a stronger position to fnce the future. One Labourite supported devaluation.
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Hokitika Guardian, 24 May 1932, Page 5
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106GOLD STANDARD Hokitika Guardian, 24 May 1932, Page 5
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