THE HOLD STANDARD.
AN ULTIMATE RETURN. MOTION AT GENEVA. GENEVA, Sept. 25. Dr E. L. Burgin (Parliamentary Secretary to the British Board of Trade), at a meeting of the Economic Committee of the League, moved a motion recommending the Governments to ultimately aim at a return to the gold standard, and expressing the belief that the removal of impediments to trade is essential before an international monetary standard becomes effective, and that Governments should encourage freer trade by bilateral agreements, subject to revision at short notice in the event of a large variation in exchange. The resolution also points out that recovery of tra'de would greatly be assisted if agreements were based on a “most favoured nation’’ clause. M. Bonnet (France) accepted the resolution, which becomes an AngloFrench motion. It will be discussed later. M. Bonnet moved that the secretariat of the economic section seek the advice ol : agricultural expeits throughout the world with a view to removing the agricultural depression. The League’s financial commission reported strongly h. favour of a rapid return to the gold standard and the abolition of trade restrictions.
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Manawatu Standard, Volume LV, Issue 256, 26 September 1935, Page 7
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183THE HOLD STANDARD. Manawatu Standard, Volume LV, Issue 256, 26 September 1935, Page 7
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