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Show f GOLD STAlAi : WITH PEACE 1 LONDON. Oct. 31 Conditions to the j maintenance of an effective gold standard stan-dard should be restored without de-1 de-1 lay after the terms of peace are sign- ed, reports a committee headed by Lord Cunliffe which was appointed to consider currency and foreign ex- ' change problems after the war. The committee said: "Unless the machinery which long ; experience has shown to be the only ; t effective remedy for an adverse balance bal-ance of trade and an undue growth of ' credit is once more brought into play, i i there will bo grave danger of a pro-; pro-; gressive credit expansion which will result In a foreign drain of gold, menacing men-acing the convertibility of our issue and so jeopardizing the international trade position of the country." C 1 To maintain the gold standard tho j committee recommended cessation of v government borrowing as soon as.pqsr ' slble, establishment of ah adequate' sinking fund out of the revenues and t the raising of the Bank of England dis- count rates. f nn |