81-METALLISM.
A COUNTER MOVEMENT.
Press Association. —Electric Teleijraph.—Copy right.
London, May 24. In order to counteract the operations of the Bi-metallic League, a Parliamentary Committee is being formed to maintain a gold monetary standard.
London, May 26.
Leading merchants and bankers, including Brown, Shipley, and Co., Dennistoun, Cross, Fruhling, Goschen, Schroeder, Ralli, Raphael and Hani bora, all the private banks, the principal discount houses, and the directors of the leading joint-stock banks, including Mr. D. Larnach (of the Bank of Now South Wales), have signed a memorial to Sir William Harcourt, the Chancellor, praying for his adhering to a single gold standard, as a change would be disastrous both to capitalists and wage-earners. Madrid, May 25. The Minister of Finance declares that the Government will support international bi-metallism.
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Bibliographic details
New Zealand Herald, Volume XXXII, Issue 9830, 27 May 1895, Page 5
Word Count
128BI-METALLISM. New Zealand Herald, Volume XXXII, Issue 9830, 27 May 1895, Page 5
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