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Ralph George Hawtrey - Indeed it would have been a...

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)

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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account act action course few gold market operation premium standard trifling provisions months

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