CURRENCY QUESTION.
AN AFRICAN REPORT. By Telegraph.—Press Assn.—Copyright. Capetown, May 18. The report of the conference appointed to consider the currency question recommends that steps be taken to prevent the further inflation of the currency, and that the policy of a return to the gold basis be steadfastly pursued. The report emphasises the necessity for maintaining the gold standard and a free market in gold, but since immediate deflation might result In a grave crisis, suggests an extension of the inconvertibility of gold certificates till June, 1925. It recommends the removal, as soon as possible, of the embargo on the ex u port of gold bullion, and that export and import be freed from all restrictions.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19220520.2.41
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, 20 May 1922, Page 5
Word count
Tapeke kupu
116CURRENCY QUESTION. Taranaki Daily News, 20 May 1922, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. 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 Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in