DECLARATION WANTED
THE GOLD BASIS London, July 2. The gold countries' resolution which was approved by the British and American delegations which has been transmitted to President Roosevelt concludes: "The Governments subscribing to this declaration, whose countries are h'ot on the gold standard, recognise the importance of a declaration without prejudicing their own future ratios ih gold, and reiter- ; ate that the ultimate objective of : their currency policy is to bring back ; an international standard based on i gold under proper conditions. I "The Government of each non-gold : country agrees to adopt effective mea- ; sures to limit exchange speculation, the other signatory Governments undertaking to co-operate, with the 'same end in view. "Each Government agrees to ask its Central Bank to co-operate with the other Central Banks in limiting speculation, and at the proper time in the re-inauguration of an international gold standard.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/RMPOST19330704.2.33.4
Bibliographic details
Rotorua Morning Post, Volume 2, Issue 574, 4 July 1933, Page 5
Word Count
143DECLARATION WANTED Rotorua Morning Post, Volume 2, Issue 574, 4 July 1933, Page 5
Using This Item
NZME is the copyright owner for the Rotorua Morning Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in