GOLD FOR EUROPE.
FEARS OF INFLATION. United Press Assn.—By Electric T el egra ph—Co j >vri ”Tit. N 1 V YORK Feb run rv 3 Gold will start to flow hack to Europe for tin* first time m IS months when a shipment is made tomorrow to France. The export point has been reached and the dollar continued to break badly to-day in the world currency markets, reaching *so2f for the sterling and 669 f for the franc. Inflationary' fears here and abroad stimulated the pressure against the dollar with the* world watching the impending inflationist battle at Washington. It is expected that Europe* may begin to repatriate its gold in large* ami Tints, preferring the uncertain French and Dutch situations to the effect upon the dollar of inflation.
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Bibliographic details
Pahiatua Herald, Volume XLIII, Issue 13174, 5 February 1936, Page 5
Word Count
129GOLD FOR EUROPE. Pahiatua Herald, Volume XLIII, Issue 13174, 5 February 1936, Page 5
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