GOLD STANDARD
WORLD RETURN DESIRED DR. BURGIN’S MOTION ACCEPTANCE BY FRANCE GENEVA, Sept. 25. Dr. Leslie Burgin, Parliamentary Secretary to the British Board of Trade, at a meeting of the Economic Committee of the League, moved a motion recommending the Governments ultimately aiming at a return to the gold standard, aud expressing the belief that the removal of impediments of trade is essential before an international monetary standard becomes effective, and that Governments should encourage freer trade by bilateral agreements, subject to revision at short notice in the event of a large variation in exchange. The resolution also points out that recovery of trade would greatly be assisted if agreements were based on a most favoured nation clause.
M. Bonnet (France) accepted the resolution which becomes an AngloFrench motion. It will be discussed later. M. Bonnet moved that the secretariat of the economic section seek the advice of agricultural experts throughout the world with a view to removing the agricultural depression. The League Financial Commission reported strongly in favour of a rapid return to the gold standard and the abolition of trade restrictions.
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Bibliographic details
Wanganui Chronicle, Volume 79, Issue 227, 27 September 1935, Page 7
Word Count
183GOLD STANDARD Wanganui Chronicle, Volume 79, Issue 227, 27 September 1935, Page 7
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