Why We Failed.
. It is too early yet to determine the precise and final 'effects which will be produced by our departure from the gold standard. All that I can do this week is to indiCate a......
Closing The Stock Exchange.
Before this actual announcement there had been a terrible slump in securities on Friday and Saturday of last week, the panicky fall being most pronounced in British Government......
Finance—public & Private
Relinquishing the Gold Standard THE strenuous efforts on the part of statesmen and bankers during the past few weeks to save the pound sterling have been in vain. Something more......
Fall In Sterling.
As was bound to be the case, the Sterling Exchange has moved heavily against us, and on Monday . the value of the pound, as expressed in French and American currencies, was only......
Possible Earlier Developments.
With regard to the possible immediate effect of the abandonment of the gold standard there are just one or two general remarks which may be made, I notice in some quarters a......
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