WORLD CREDIT PERIL
LORD LINLITHGOW'S WARNING. Speaking at a Conservative Women's meeting in Manchester, the Marquess of Linlithgow, ex-vice-chair-man of the Conservative Party, urged that the Government should discuss with France and the United States the first steps to promote the cheapening of gold, its redistribution, and its legitimate use in the liquidation of the balance of indebtedness. "If the current processes of deflation are not checked or reversed in the next few months," he said, " the credit structure of the whole civilised world will stand in deadly peril, and within a year the foundations of our western civilisation itself would be in jeopardy."
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Waipa Post, Volume 44, Issue 3195, 25 June 1932, Page 3 (Supplement)
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104WORLD CREDIT PERIL Waipa Post, Volume 44, Issue 3195, 25 June 1932, Page 3 (Supplement)
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