Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image

OUTFLOW OF GOLD

BRITAIN TO U.S.A.

EXPLANATION IN COMMONS

(Received August 4, 9 a.m.)

LONDON, August 3,

When asked in the House of Commons to explain the outflow of, gold from Britain to the United States, which has exceeded £250,000,000 in 18 months, the Financial Secretary of the Treasury, Captain Crookshank, said that the United States had had a favourable. visible balance of about £280,000,000 in that period. It was well known that there had been an extensive movement to the United States of balances held in foreign countries and which previously had sought refuge in ■Rritain-

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390804.2.56

Bibliographic details

Evening Post, Volume CXXVIII, Issue 30, 4 August 1939, Page 8

Word Count
97

OUTFLOW OF GOLD Evening Post, Volume CXXVIII, Issue 30, 4 August 1939, Page 8

OUTFLOW OF GOLD Evening Post, Volume CXXVIII, Issue 30, 4 August 1939, Page 8