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GOLD PRODUCTION

CAUSE OP THE DECREASE.

LONDON, 14th July. Sir Lionel Phillips, a member of the Gold Committee, states that the decrease in the gold-prodlictkiri is mainly due to the unfair system by which producers are paid at the pre-war rate, which does not now suffice to procure the same amount of the commodity. He does not advocate any change in the standard price of gold, but the loss in production

ought to be made Tip in other ways. Otherwise he foresees a serious decrease.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19180716.2.50.31

Bibliographic details

Evening Post, Volume XCVI, Issue 14, 16 July 1918, Page 7

Word Count
85

GOLD PRODUCTION Evening Post, Volume XCVI, Issue 14, 16 July 1918, Page 7

GOLD PRODUCTION Evening Post, Volume XCVI, Issue 14, 16 July 1918, Page 7