THE GOLD STANDARD
ABANDONMENT SUPPORTED
A FORWARD MOVE
(By Telegraph.—Press Association.)
CHBISTCHUKCH, This Day
"Personally, I sec no reason why we should not abandon gold for external use as it has been internally. America will then have to take our wool instead of our gold," said Dr. T. W. Westou, farm economist at Lincoln College, when addressing the Farmers' Union executive of the South Island at a conference) to-day. The abandonment- of gold altogether as a basis of credit would be a forward move for the farming community, said Dr. Weston. If England had not gone o(T the gold standard New Zealand would have had to cancel some of its debts.
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Bibliographic details
Evening Post, Volume CXII, Issue 102, 27 October 1931, Page 11
Word Count
111THE GOLD STANDARD Evening Post, Volume CXII, Issue 102, 27 October 1931, Page 11
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