GOLD STANDARD
(Press Assn.—
NO REASON WHY AMERJTCA SHOULD ABANDON GERMAN SECURITIES IN U.S.
-By Telegraph — Copyright).
Rec. Jan. 5, 8.10 p.m. NEW YORK, Monday.' Mr. Otto Kahu, giving evidence before the Senate Finance Committee, asserted that there was no reason why the United States should drop the gold standard. Mr. W. W. Aldrich, president of the Chase National Bank stated that German securities in America totalled 2,120,000,000 dollars (approximately £424,000,000).
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 114, 6 January 1932, Page 5
Word Count
71GOLD STANDARD Rotorua Morning Post, Volume 1, Issue 114, 6 January 1932, Page 5
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