FINANCING A NAVAL-WAR
* . GEKMA-NY'S ADVANTAGE. By Telegraph—Press Association—Copyright LONDON; October 20. . -Mr Edgar CrammoDd publishes an article in the ". Quarterly Review." He declares tliat it would be dangerous to hold an insufficiency of gold reserve in the event of a naval war. Germany would be better able to bear a short conflict than would Britain. " The Times" agrees with Mr ' Crammond, and advocates a war reserve in addition to a stronger banking reserve..
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Bibliographic details
New Zealand Times, Volume XXXII, Issue 7265, 22 October 1910, Page 5
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73FINANCING A NAVAL-WAR New Zealand Times, Volume XXXII, Issue 7265, 22 October 1910, Page 5
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