ROTHERMERE PLAN.
EMPIRE CURRENCY PROPOSAL. QUEBEC, September 6. Viscount Rqthermere, who is spending a holiday at Murray Bay, Quebec, advanced a" new monetary scheme yesterday which, he said, he had discussed with the Prime Minister of Canada, Mr. R. B. Bennett, recently. . "If Canada's currency were linked with that of New Zealand and Australia at a discount of 25 per cent in its ratio to sterling, and if the Canadian dollar were worth intrinsically 75 cents," said Lord Rothermere, "they would be able to undersell nearly all the primary producing countries in wheat, lumber, meat products and base metals."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19330907.2.103
Bibliographic details
Auckland Star, Volume LXIV, Issue 211, 7 September 1933, Page 7
Word Count
99ROTHERMERE PLAN. Auckland Star, Volume LXIV, Issue 211, 7 September 1933, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. 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.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in