Churchill is a much quoted man. It is as well to remember he once said this: “When I was moved by many arguments and forces in 1925 to return to the gold standard, I was assured by the highest experts that we were anchoring ourselves to reality and stability, and I accepted that advice. We have no reality and no stability. The price of gold has risen by more than 70%. Look at the enormously increased volume of commodities which have to be created to pay off the same mortgage, debt or loan.” Who has not seen in the papers the recent comments of certain financial interests advocating a return to gold; especially from U.S.A., who holds all the gold. Can old men and old parties win the peace? You must decide. —Inserted by Donald Thompson.
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Wairarapa Times-Age, 18 September 1943, Page 4
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136Untitled Wairarapa Times-Age, 18 September 1943, Page 4
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