Evening star., 1933-05-21

This Is the first of two lists on
monetary problems, prepared by the
reference department of the Public
Library The second list. on imitation,
will appear in these columns next
Sunday.
BOOKS.
Crisis in the Worlds Monetary System,
by Gustav Cassel 1882. HMA. C26.
Rhodes lectures at oxford in 1882
discuss changes in the nature of the
gold standard. the monetary crisis and
the gold standards breakdown"
Gold Standard and It's Future, by T.
E. C. Gregory. 1892 HMA. .G864.
An English economist analyses the
nature of the international gold STAN
dard The book exhibits no bias and
should be read by every one who desires
compact and competent treatment of
some of our most important problems. !"
International Gold Problem. 1882.
HMAIn8.
Addresses at the Royal Institute of
International Affairs. which give the
views Of leading economists and finan-
ciers, none the less interesting because
frequently in disagreement.
Financial Aftermath of the War. by
Sir Josiah c. Stamp. 1882. HI. .St27.
The American reader will find much
of interest in these lectures by British
economist on some of the chief aspects
of postwar finance, as taxation, in
f1ation, defiation and international
is the gold Standard"
PERIODICAL ARTICLES.
-s,s. A rryz~ll pr.hI.~. an~afz af ~, i.
American Academy of Political and
Social Science, l65: 17l-227. jan
uary, 1888.
Eight articles by various authorities
on: The gold standard before and after
the war; increasing ratio of gold pro-
duction to business: gold and interna-
tional trade: gold and credit; the par
tial abandonment of the bold standard
l931-1932; Germany and gold: the
United States and gold. and the gold
clause.
The Gold Standard and the Administra-
tion's General Economic Program,
by B. M. Anderson, jr. Chase Eco
nomic Bulletin, 13:3-21, May 6, 1888.
All of the new powers granted to
the President under the Thomas
amendment to the farm bill involve
great danger, if used. The new cur
rency legislation can only be under
stood as political compromise. How
ever, by "a wise selection from among
the powers it is possible to work out a
consistent and effective program of re-
covery by international agreement to
settle interallied debts, reduce trade
barriers and bring important currencies
back to gold, and by reduction OF Gov
ernment expenses"
United States Abandons Gold Basis as
Price Aid American Observer.
81, May 3 1888.
A clear explanation Of what it means
to be off the gold standard and Of the
inflationary powers conferred on the
President under the Thomas bill.
Back to Gold. by David Lawrence
Saturday Evening Post. 205:21,
March 18, 1888.
Gold is symbol OF stability 4. /.
because through centuries 1t has proved
a stable medium of exchange" History
shows that financial recovery has come
by resumption of gold standard. "Ulti-
mately Britain will return to the gold
standard, and so will the other nations
of the world, for in all history 1t has
proved to be the single standard on
which international settlements in trade
can be made from day to day on a
stable basis" The article is especially
interesting since it appeared a short
time before the United States joined
Great Britain in going off the gold
standard.
Off the Gold Standard. by Walter Lipp-
mann New York Herald Tribune,
April 81, 1888
by going off the gold standard we
do not pass from an unmanaged to a
managed currency. We pass from
currency managed to preserve fixed
price for gold to one managed to pro-
duce and maintain higher stable
average of all prices"
The International Gold Standard, by
c. o. Hardy and l.. s. Lyon. Eco
nomics Series Presentation No. %.
discussion delivered April %. 1888,
over the radio In the National Advisory