PRICE RESTORATION.
need of co-operation. BRITAIN AND AMERICA. British WireW RUGBY. Sept. 25. i At a luncheon given by the American j natnber of Commerce in London Viscount j said there never was a time *hen the vigorous exercise of co-opera- ! hoo between the t'mted States and Britain *«-s more important than at present. Our civilisation." he said, "is menaced 7 a very grave danger. Stability has n lost gnd we suffer to day from Solent world deflation, which it is indispensable to/correct. not by local currency 64sures. but by a widespread agreement the price levels. U is fa r more by the restoration of ri '"ie activity that the commercial world sa'Ved than by unv new restricts 81 ** rC ' Abernon maintained that j objective fur New York and niUpt be the restoration of world l:o tlie level of 10253. This was the which wages, debts and other oon,iv.ero adjusted, and any violent defrom it, either upward or downinvolved a grave danger of serious llSp:' *urbancc and conflict.
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Bibliographic details
New Zealand Herald, Volume LXVIII, Issue 20989, 28 September 1931, Page 7
Word Count
168PRICE RESTORATION. New Zealand Herald, Volume LXVIII, Issue 20989, 28 September 1931, Page 7
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