CHEQUES AS CURRENCY.
GOLD RESERVES' NEEDED
United I'uichb Association —Copyright LONDON, Nov. 11.
Mr. Frederick H. Jackson, a director of the Bank of England, in his presidential address to the Institute of Bankers, emphasised that the country’s currency now consists of cheques. He was glad to think that bankers recognised that stronger reserves of gold were desirable to protect this currency. He added: Those .supplying currency r}joiild wiir.ovid’e.. gold...reserves,
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Gisborne Times, Volume XXVII, Issue 2658, 13 November 1909, Page 5
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69CHEQUES AS CURRENCY. Gisborne Times, Volume XXVII, Issue 2658, 13 November 1909, Page 5
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