1 SEPTEMBER 1939, page 30

Finance And Investment

As I write the crisis nears its climax. It may possibly be resolved before these lines are printed. Whatever the outcome, the City may be proud that it has provided no......

Sterling, Gold, And Gold Shares

One justification for the Bank Rate rise is, of course, that the authorities could scarcely have avoided taking such an orthodox step before withdrawing the peg from sterling in......

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MONEY RATE PROBLEMS I do not share this view. The answer is surely that the maintenance of a 2 per cent. bank rate and of other short- term money rates at something like to r......

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COMMODITIES AND THE CRISIS The transition of Great Britain's commercial markets from a peace-time economy to a full war economy is at the moment of writing by no means complete.......