FUTURE OF GOLD
A SOUTH AFRICAN QUESTION. (United Press Association—By Electric Telegraph—Copyright.) CAPETOWN, October 17. "Is the future of gold secure?” asked Hon Mr Havenga, Union Cabinet Minister (who attended the Ot tawa Conference) in an after- linner speech at Johannesburg. He said that a large number of countries were experimenting with managed currencies, saying that gold, as an international standard, was an anachronism. .i "Those who talk of discarding gold even temporarily are pJav-og with fire,” he said. "Ottuvi f iunl nothing to retard the restoration of confidence, so much as the tempi ring with the standard w*. vhos. A method of increasing the price levels is to be defined at the International Economic Conference.”
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Hokitika Guardian, 18 October 1932, Page 2
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116FUTURE OF GOLD Hokitika Guardian, 18 October 1932, Page 2
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