U.S. GOLD AND WORLD TRADE
MORE “ADVENTUROUS” LENDING ADVOCATED (BRITISH OmCIAL WIRELESS.) March 1, 7.31 p.m.) RUGBY, February 28. The president of the Board of Trade (Mr Walter Runciman) said at Bradford last night that if the United States would release some of her stores of gold, and be as adventurous towards borrowing nations as in her own home policy, the rapidity and volume of world trade would be vastly increased. Referring to the value of foreign agreements, Mr Runciman said that he intended to pursue a policy of promoting them. A good many of the present agreements were coming up for revision at an early date. Two things would be kept in mind —first, that there were many debts owing to Britain from abroad which Britain should be allowed to collect; second, that international arrangements should be reciprocal.
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Press, Volume LXXII, Issue 21721, 2 March 1936, Page 11
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139U.S. GOLD AND WORLD TRADE Press, Volume LXXII, Issue 21721, 2 March 1936, Page 11
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