EMPIRE OR WORLD
(Press Assn
THE CURRENCY PROBLEM
. — By Telegraph — Copyright)
OTTAWA, Saturday. While there is no question of dissension in the conference, the speech- : es (some of which probably will he released to the newspapers early next week) indicate two well defined schools of thought. The first school considers the Empire alone, as representing a vast group of nations, whose currencies, linked to sterling, might to some extent now succeed with' a plan for raising the price levels. The second school is of opinion that the question is so wide that a better plan would be to bring in all nations for the purpose of reviewing, and if possible adjusting, the world monetary problems which ara necessarily linked with the Empire's depression, and it believes that only international action can he effective. There is no hint yet as to which' ; line the conference will itake, but Australia is subscribing to the first school and still hopes some progress towards a solution of the currency difficulties will be achieved at Ottawa.
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https://paperspast.natlib.govt.nz/newspapers/RMPOST19320801.2.34.2
Bibliographic details
Rotorua Morning Post, Volume 2, Issue 289, 1 August 1932, Page 5
Word Count
171EMPIRE OR WORLD Rotorua Morning Post, Volume 2, Issue 289, 1 August 1932, Page 5
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