Cannot Return to Gold
BRITISH FINANCIERS’ DECISION
Received Monday, 10.30 p.m. LONDON, Dec. 19,
■ The Daily Herald’s city editor says consultations between the Treasury and the Bank of England have resulted in the decision that Britain cannot contemplate a return to the gold standard for several years. The payment of gold to the United States has persuaded Mr. Montagu Norman that if Britain returned to gold at an early date sue would be able to remain pn it for a brief period only.
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Bibliographic details
Horowhenua Chronicle, 20 December 1932, Page 8
Word Count
83Cannot Return to Gold Horowhenua Chronicle, 20 December 1932, Page 8
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