[?]RICE LEVELS

Rotorua Morning Post, Volume 2, Issue 411, 21 December 1932, Page 5

[?]RICE LEVELS

■itfSTABlLITY OF KcORRENCY B, rRQUBLE ■,[pSTANDARD '^Traph— Cnpyright) . j,pec. 20. \^ashin» ton» Dec* 19* ti to Congress, Mr. j3 certain that the ,0W effort still bej.. restoration of fVondue and continued ".and trade obviously Ifos. 0ne danS'erous ^ is visible enough J di'ffieulties which are jnany debtors and 'values behind the mul^5 are lessened and fdebtors is insufficient cjjligations. Creditors j nndertake new comJf3r of safety of their jjDgs. It is not enongh j5 priees is due to dejjjtion, and thus the jjjnstment by redueed jjt is in part true, but janption is brought economic forees ..jje would result in a ,of recovery of conttas recovery from deGold Standard [etent study of the e continued abnormal ^ould at once estabiijat the general price jorldwide in eharacter. influenccs therefore, tiem. exploration in this „ at once to the fact erels have been seriJ by the abandons0[d standard by many ,j the consequent in- | jepreciation of fories. :tnations in themselves acertainties they create ,j cause invasions of untag, result in arbitrary b, and ultimate dimiption of food? followarfall in priees. ofcurreney instability, :on reach baek again to waknesses rooted in Gcihave culminated in isin anxieties in regard ifial institutions the !al, and the denudation res with the consequent mencies. isation of Silver rase of silver as a supirency would aid to starquarters of the world, iatitis a certainty that «must be disorganised ethod of monetary and Ity is attained. iepurpose of discussing smatters that we have world economic conferteans and nieasures for ieof business and price fte remedying of sonie truetive forces ean be 'ttively considered, and fertaken simultaneously lations. don of armaments also 5 upon tliese questions. as increase in military iince before the war is f in the world-wide unffll budgets.