AMERICAN VIEW
•ess. Assn.—
PObTTION OF STERLING
■By Telegraph — Copyright).
i.Nh.VY tuhh, ivtonuay. ihe New York Herald-Tribune says: tariff liolds tbe first place in the itish economic thought the mal-dis-bution of gold undoubtedly occnpies oiid place. Since the fall of sterling i temptation to regard the whole sis as mainly monetary has become •y stromr in England, if not in the ole Empire. For the moment there avision of a new Empire currency cireukte throughout British counes despite the fact that the old Engi sysem had its attraction. The • leme would tend to restore the • md sterling to a position of comnding influence, at the same time ming an opportunity for 'reflation' . price levels through monetary conl But the plan, it is now realised, ; s visionary." ,
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Rotorua Morning Post, Volume 2, Issue 284, 26 July 1932, Page 5
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126AMERICAN VIEW Rotorua Morning Post, Volume 2, Issue 284, 26 July 1932, Page 5
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