“WIND AND WATER.”
WAR INITIATED CURRENCY. SIR J. COOK’S RECIPE. London, June 27. Sir Joseph Cook. High Commissioner for Australia, speaking at Hull, said that many were looking to the Government of the day to get them out of their trade difficulties. He advised these not to expect too much. Two sharply defined schools of thought prevailed at the Genoa Conference, which had adopted the golden mean instead of making a financial equation for the whole of Europe. It had been decided, where things were so uneven, to leave those countries nearest the golden standard to look after their own currency, and deal as best as they could with the countries which had departed from it. He believed that they were facing financial troubles in the only way possible. They were trying to get out of currency the "wind and water pumped in during the war. He thought, that the British would be one of the first to emerge into the sunlight of financial sanity and aeuaduus
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Taranaki Daily News, 11 July 1922, Page 5
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167“WIND AND WATER.” Taranaki Daily News, 11 July 1922, Page 5
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