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LATE NEWS

THE GOLD STANDARD

TEXT OP DECLARATION

SENT TO U.S. PRESIDENT

United Press Association—By Electric Ttlf ■ sraphr-Copyrlght. (Ecceived July 3, 2.30 p.m.) ■ ,' LONDON, July 2. The text of the declaration on- th« gold question to which all the delegations were reported (in a cable- appear* ing: in Saturday's "Post") to have agreed and which, after consultation with Professor Moley, was sent to President Roosevelt, concludes:— -"Tho Governments subscribing to this. declaration whoso countries are not oa gold, recognise the importance of tho declaration without prejudicing their own future ratios in gold and Teiterat* that the ultimate objective' of -their currency policy is to bring back' an in-* ternational standard.based on gold under proper conditions. The dovern« ment of each non-gold country agree* to adopt effective measures to limitexchange speculation, other signatory, Governments^ undertaking- to co-oper-ate to the same end. Each-..Govern-ment agrees to ask its central bank to co-operate with other:central banks in limiting speculation and at the proper time reinaugurating an international gold standard." ' :

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19330703.2.151

Bibliographic details

Evening Post, Volume CXVI, Issue 2, 3 July 1933, Page 10

Word Count
165

LATE NEWS Evening Post, Volume CXVI, Issue 2, 3 July 1933, Page 10

LATE NEWS Evening Post, Volume CXVI, Issue 2, 3 July 1933, Page 10

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