All this devaluation business, of course, is thoroughly confusing to
the uninitiated. For that reason I feel intensely grateful to any newspaper that makes things really easy. It is to the Financial Times, to which I naturally turned first on such a subject, that all my appreciation goes. For there I read that the Chancellor
" last night announced that from today the British authorities will
quote the dollar rate at , giving the £ a value, in terms of the American currency, of per cent, below that established at the outbreak of war."
Like Lord Randolph Churchill, who never could understand those damned dots, I should be perfectly all right at arithmetic if it weren't for those damned figures. It is immensely encouraging to find a paper which thinks, as I do, that the right way with figures, whenever encountered, is to leave them out.
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