Dr. Van Zealand’s Gold Fund Plan
(Received 10 a.m.)
NEW YORK, December 26,
The "New York Times" Geneva correspondent says that the most reliable source confirms the belief that Dr. van Zeeland's report on hist economic survey will propose an international fund to which Powers may contribute in proportion to their gold reserves.
The United States would thus be the largest, and Germany virtually would contribute nothing. The purpose of the fund would be to stabilise currencies of nations agreeing to it; to abolish exchange controls, clearing quotas, etc. It is believed the report will suggest that the plan be tried first by the Five-Power Conference, Britain, America, France, Germany and Italy.
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Northern Advocate, 28 December 1937, Page 8
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112Dr. Van Zealand’s Gold Fund Plan Northern Advocate, 28 December 1937, Page 8
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