23 APRIL 1932, page 35

Exchange Equalization Account.

It is now proposed to make that £25,000,000 the nucleus of a new " Exchange Equalization Account," the Government also to have powers to borrow (not neces- sarily Public Loans)......

Economy.

The only other point in the Budget to which I will now refer is the fact that there were no parts of Mr. Chamberlain's statement which evoked greater approval from the crowded......

Finance—public And Private (continued From Page 608.)

THE EXCHANGE PROBLEM. I shall hope next week to examine the Budget more in detail, but at the moment I will deal only with two further points. To the City and, indeed, to all......