TO RE-ASSEMBLE IN NOVEMBER

Stratford Evening Post, Volume II, Issue 309, 20 July 1933, Page 5

TO RE-ASSEMBLE IN NOVEMBER

The World Conference CURRENCY POLICY Arrangements with Dominions Press Association. —Copyright. London, July 19. According to present arrangements the world Conference will reassemble in London in November, says the Daily Mail. The Times says there is little prospect ef fulfilment in the near future of Mr. Neville Chamberlain's condition for a return to the gold standard. It becomes necessary, therefore, that the Government should devise a policy for sterling based on the interests of British trade and the interests of the rest of the Empire. The time seems to be opportune for a close working agreement on a currency policy with the Dominions, India and other countries whose curencies tend to follow the sterling. Such an agreement would not only help to bring a desired rise in prices but might also secure useful stabilisation of exchanges, not over the whole world but over a very wide area responsible for a great volume of international trade.