GOLD STANDARD
BRITAIN’ NOT RETURNING. (British . Official Wireless.) . . RUGBY,, ..Inly. .12. . The Chancellor’ of ■ifie Excheqtier, Ur N. Chamberlain, stated in the House sf Commons to-night that a resolution, passed .yesterday by the bank of International' Settlements, regarding the gold standard, as being advisable for Europe, did not indicate any departure by the British Government from its policy. There \va» no intention on the part of the British Government, he said, to return to the gold standard, either now. or in the immediate future, a • As he understood• it, the. resolution of the Bank of International Settlements, expressed the view of the Bank of International Settlements as to what the estimate of the solution of I he currency problems ought to be, and that it had no bearing on any immediate action .by the British or an> other Government.
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Hokitika Guardian, 14 July 1932, Page 3
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139GOLD STANDARD Hokitika Guardian, 14 July 1932, Page 3
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