REDISTRIBUTION OF GOLD
SUFFICIENT FOR TRADE REVIVAL.
AMERICAN BANKERS’ OPINION.
By Telegraph—Pre»s Assn. Copyright. New York, June 16. That with the possible exception of Germany, every leading nation now has a sufficient supply of gold and bullion to enter into a revived world trade when that revival cornea is the view of bankers here, who see an end of the gold outpourings from the United States indicated by France’s withdrawal of a final £11,000,000 on Tuesday and an indication that international bullion holdings have reached a balance favourable to trade. . Of the comparatively small balances still in the United. States and eligible for recall British holds the greatest amount.
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Taranaki Daily News, 18 June 1932, Page 5
Word Count
109REDISTRIBUTION OF GOLD Taranaki Daily News, 18 June 1932, Page 5
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