MONETARY PROBLEM.
ALL SIDES PRESENTED. AFRICA AND GOLD STANDARD. AUSTRALIAN AND INDIAN FEARS. (Official Wireless.) (Received August 1, 10.40 a.m. RUGBY, July 31. The committee on financial and monetary questions met at Ottawa yesterday. A full statement was made by representatives of each delegation. The South African representative explained the reasons for the of the Union Government to remain on the gold standard, while the Indian delegate emphasised the fact that the benefits to production and trade of the preferential system might he swept away unless supported by a monetary and credit policy ensuring the stability of the general wholesale prices. The Australian representative similarly pointed out the disastrous effect to Australia of falling prices.
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Waikato Times, Volume 112, Issue 18703, 1 August 1932, Page 8
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115MONETARY PROBLEM. Waikato Times, Volume 112, Issue 18703, 1 August 1932, Page 8
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