MONEY SYSTEM.
Britain Will Not Inquire Into Alternatives. CHANCELLORS STATEMENT. British Official Wirel««a. (Received April 12, 12.30 p.m.) RUGBY, April 11. The Chancellor of the Exchequer does not consider that any useful purpose will be served by setting up a committee to report on alternatives to the present monetary system. This statement was made in the House cf Commons in reply to a question suggesting that a new inquiry be undertaken because the MacMillan Committee, which reported in 1931, examined the monetary policy only on :e basis of the gold standard and did not examine, or discuss, any alternative.
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Bibliographic details
Star (Christchurch), Volume LXVI, Issue 20278, 12 April 1934, Page 1
Word Count
99MONEY SYSTEM. Star (Christchurch), Volume LXVI, Issue 20278, 12 April 1934, Page 1
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