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THE GOLD STANDARD.

Perhaps Mr. J. Hislop would be glad to hear what the secretary of the London Chamber of Commerce, Mr. A. de V. Leigh, thinks of the jrold standard. In an article in "The Times" Trade and Engineering Supplement on December 17, 1932, he wrote: "The whole conception of a Central international force compelling uniformity and enforcing its will upon the internal economy of each nation is definitely opposed to the genius of the AngloSaxon race. It is Continental in conception, and is paralleled in their various attempts, throughout the ages, to overwhelm and control by force subject peoples. It is the idea behind the international gold standard system, which seeks, by manipulating the internal 7neasure of Value of each nation, to determine its general price level, so affecting the standard of living of its citizens, and in the process it creates injustice and consequent friction between citizens and between the nations, through varying the incidence of contractual obligations between debtors and creditors." A.R.D.F.

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https://paperspast.natlib.govt.nz/newspapers/AS19350114.2.46.5

Bibliographic details

Auckland Star, Volume LXVI, Issue 11, 14 January 1935, Page 6

Word Count
166

THE GOLD STANDARD. Auckland Star, Volume LXVI, Issue 11, 14 January 1935, Page 6

THE GOLD STANDARD. Auckland Star, Volume LXVI, Issue 11, 14 January 1935, Page 6