STABILISATION OF DOLLAR
PRICES NOT YET HIGH ENOUGH. United PreM Association— By Electric Telegraph— Copyright NEW YORK, October 15. A despatch from Washington states that it is learned to-night from a high authority that the Government considers prices are not yet high enough to warrant stabilisation of the dollar, and thnt it “would be absurd to attempt, in the present corcumstances, to stabilise the dollar against foreign exchange.” The correspondent adds that the President plans to provide dollars of constant purchasing power; but must await higher price levels.
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Bibliographic details
Timaru Herald, Volume CXXXVII, Issue 19622, 17 October 1933, Page 7
Word Count
88STABILISATION OF DOLLAR Timaru Herald, Volume CXXXVII, Issue 19622, 17 October 1933, Page 7
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