GOLD STANDARD.
IMMENSE ASSISTANCE TO INTERNATIONAL TRADE. ,Australian and N.Z. Cable Association.; (Received January 31, 11 a.m.) ' LONDON, Jan. 30. Mr. Walter Leaf, chairman of . the Westminster Bank, presiding at the annual meeting of shareholders, said it did not follow that because we had reached gold parity that we could, immediately remove the embargo, oil the export of gold. This was due to expire at the end of 1925, and its 11011-renewal might be confidently hoped for. Mr. Leaf asked whether the time had not arrived tor a conference of the national banks of issue, to formulate a scheme of cooperation in the matter of a gold reserve, as suggested at the Geneva Conference. He added that the re-estab-lishment- of the gold parity would be of immense assistance to international trade.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19250131.2.49
Bibliographic details
Poverty Bay Herald, Volume LI, Issue 16649, 31 January 1925, Page 7
Word Count
131GOLD STANDARD. Poverty Bay Herald, Volume LI, Issue 16649, 31 January 1925, Page 7
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in