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Ralph George Hawtrey - Currency and credit (1919)

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Indeed it would have been a mean-spirited course to go back on the century-old standard on account of so trifling a premium on gold, a premium which, as it turned out, the action of the market wiped out in a few months, before any of the provisions of the Act of 1819 had come into operation.

Ralph George Hawtrey

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Ralph George Hawtrey

Ralph George Hawtrey

Born: November 22, 1879
Died: March 21, 1975 (aged 95)
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