Significant Sayings

Northland Age, Volume 3, Issue 14, 5 January 1934, Page 7

Significant Sayings

The Dean of Manchester : “People do not usually express themselves at twenty in the same way as they do at seventy, nor are they at all likely to express themselves in 1933 as their fathers did in a previous generation, nor can all the nations of the world be expected to express themselves in precisely similar language.”

Mr. Arthur Kitson : “The advocates of the gold standard . . . say that a sound currency must be one that is universally acceptable. The answer to this is that since each nation has its own particular legal tender laws and since money is soley the creation of law, there is no money answering to this condition. Nor can there be until the world accepts one and the same currency law. When the late Lord Goschen suggested the adoption of the one pound and ten shilling notes, he was met with the same foolish cry. He was told that the average British citizen, accustomed all his life to ‘good, sound, honest British gold,’ would never agree to' use cheap paper money. This claim has, however, been definitely knocked out by the experience of the past four and a half-years.”