THE GOLD STANDARD
POUND WRITTEN TOO HIGH
DEPRESSION NOT YET OVER
Received Oct. 13, 5.46 p.m.
QUEBEC, Oct. 14. The pound sterling had been pegged at too high a rate previously and he did not think that Great Britain would ever return to a par of 4.862 dollars.
So stated Lord Rothennere, the newspaper peer, in an interview before sailing for Home to day. He said that the world depression would not be over for some time, and in Great Britain the need not be.expected to let up for another 12 or eighteen months.
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Bibliographic details
Wanganui Chronicle, Volume 74, Issue 245, 16 October 1931, Page 7
Word Count
94THE GOLD STANDARD Wanganui Chronicle, Volume 74, Issue 245, 16 October 1931, Page 7
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