26 SEPTEMBER 1931, page 5

Our New Lesson

Y OU cannot eat gold : you cannot dress in paper money. What then do these things really matter ? Why have countless generations been obsessed with the auri sacra fames ? We......

Manchuria And The Kellogg Pact

W HEN all nations in the Kellogg Pact renounced war as an instrument of national policy, not a few sceptics wondered how soon the obligation would be forgotten. They .had not......

Off The Gold Standard

I—What it Means and Why It Happened BY HARTLEY WITHERS. M ANY very clever people have been telling the public about the crisis and the pound sterling and its par value, and......