GOLD POLICY
' UNITED STATES’ CHANGE. S i (United Press Association—By Electric 1 Telegraph—Copyright). 4 . s WASHINGTON, September 12. The United States Treasury has * temporarily re,versed its gold sterils- 1 at-ion policy, which was begun on December 22,. 193 d, and under which it .] has accumulated 1380 million dollars. a The Treasury has accepted the Federal Reserve Bank Board’s recommen- t dation that 300 million dollars worth of gold be transferred from the inac- c live account to the deposit account, with the Federal Reserve Bank’s acting in a co-ordinated effort, to maintain the ' Administration’s ‘‘easy money” policy. , .
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Hokitika Guardian, 14 September 1937, Page 5
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97GOLD POLICY Hokitika Guardian, 14 September 1937, Page 5
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