IF DOLLAR COLLAPSES.
CRISIS WORSE THAN STERLING
If the decline in the American dollar continues, it may cause a crisis far worse than Britain had to face with the pound sterling, says the London NewsChronicle. America has nothing like Great Britain’s organisation for meeting such a crisis, the newspaper declares.
No sane Briton would.take pleasure in such a deplorable prospect as the dollar’s collapse. Nevertheless, the threat to the dollar may convince Americans that they cannot escape the effects of the world crisis, and this may be the beginning of wisdom regarding reparations and war debts.
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https://paperspast.natlib.govt.nz/newspapers/MS19320128.2.79
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Manawatu Standard, Volume LII, Issue 49, 28 January 1932, Page 7
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96IF DOLLAR COLLAPSES. Manawatu Standard, Volume LII, Issue 49, 28 January 1932, Page 7
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