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OPINION IN NEW YORK

MONETARY EXPERTS

WORLD CURRENCY CONTEST

NEW YORK, October 29,

A switch from passive to aggressive control of the value of the dollar is ?een by monetary experts in President Roosevelt's gold announcement..

The possibility of a three-cornered international, contest in the world monetary markets among Britain, France, and the United States is noted by some observers. Some quarters feel that an international currency contest would quickly cud the free gold markets in any.important country and bring world-wide restrictions in currency dealings, which-would mean the end of the international gold standard as had previously existed, with chaotio international monetary conditions likely to result. '.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19331031.2.80

Bibliographic details

Evening Post, Volume CXVI, Issue 105, 31 October 1933, Page 9

Word Count
106

OPINION IN NEW YORK Evening Post, Volume CXVI, Issue 105, 31 October 1933, Page 9

OPINION IN NEW YORK Evening Post, Volume CXVI, Issue 105, 31 October 1933, Page 9