25 Feb
country can go ahead to a great period of increased productivity and
prosperity, I fully believe; but this can only be done if it is able
to command the most efficient co-operation of all the various factors
in production–if employers put their best brains and if workers put
their best energy into the business, and if everything is done […]
Posted in Uncategorized by: FreddyG
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25 Feb
cash or when the purchase or sale takes place in any recognised
Stock Exchange, subject to the rules or regulations of such
exchange
‘(a) buy or sell any stock, shares or other securities except for
cash or when the purchase or sale takes […]
Posted in Uncategorized by: FreddyG
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25 Feb
currency and gold
The keystone of the system was the rigid link between legal tender
currency and gold. This was secured by the provisions of the Bank Act
of 1844, which laid down that above a certain line–which was before
the war roughly L18-1/2 millions–every Bank of England note issued
should have gold behind it, pound for pound. In other […]
Posted in Uncategorized by: FreddyG
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25 Feb
dispense altogether with the control of Capital Issues, it has clearly
become necessary to reconsider the principles upon which sanction has
been given or refused in order that no avoidable obstacles may be
placed in the way of providing the Capital necessary for the speedy
restoration of Commerce and Industry, and the development of public
utility services
‘While it is not […]
Posted in Uncategorized by: FreddyG
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