BENEFICIAL TO BUSINESS
CURRENCY AGREEMENT SIR R. HORNE’S VIEWS STABILISED CONDITIONS (British Official Wireless.) Reed. noon. RUGBY, Oct. 2. At a meeting of' the Association of British Chambers of Commerce at Cardiff, .Sir Robert Horne referred to the currency agreement between Britain, France, and America. He said: “This arrangement is going to have an effect on the whole of the currency systems of the world. It will make it far easier to conduct business. The foundation on which -this new system is erected is the fact that these countries have at hand for . this operation an immense sum of.mflney by which these exchanges can be regulated. “I look forward, in a future I not too remote, to seeing the whole International trade of the world completely revolutionised. I believe that,! instead of an inflexible regulation of money transactions, we shall have a much more elastic method byi which * the currencies of the world will be stabilised through tne operation of these exchange funds.”
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https://paperspast.natlib.govt.nz/newspapers/PBH19361003.2.71
Bibliographic details
Poverty Bay Herald, Volume LXIII, Issue 19136, 3 October 1936, Page 5
Word Count
163BENEFICIAL TO BUSINESS Poverty Bay Herald, Volume LXIII, Issue 19136, 3 October 1936, Page 5
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