Particularly we are convinced of the importance of monetary stability as an essential factor in the restoration of normal economic life in the world in which the maintenance of the gold standard in France and the United States will serve as a major influence.
Herbert Hoover: “Particularly we are convinced of the importance of monetary stability as an essential factor in the restoration of…”
On the recordOctober 24, 1931
Source
presidency.ucsb.eduEditor's note · Context
Joint Statement With Prime Minister Laval.
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