THE BANK OF ENGLAND.
Fires Association—By Teiegrap'.i—Copyright. London, September 17. The Governor of the Bank of Eugland, Mr A. G. Sandeman, has informed Sir M. Hicks-Beach that the Directors are willing to agree to an arrangement that the Bank should hold one-fifth of its reserve in silver, provided that the French Mint reopens for the free coinage of silver, and that the prices of silver procurable and saleable are satisfactory. The Times says that the conditions named are almost prohibitive. The Standard considers that the proposal is an absurd and a mischievous one.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP18970920.2.36.2
Bibliographic details
Press, Volume LIV, Issue 9836, 20 September 1897, Page 5
Word Count
93THE BANK OF ENGLAND. Press, Volume LIV, Issue 9836, 20 September 1897, Page 5
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in