INTERNATIONAL: Gold, Geneva & Lausanne

Ever since the boom days of 1929, a League of Nations commission has been studying world monetary problems. Last week it made majority and minority reports.

Vehement in the minority was Belgian Commission Chairman Albert Janssen. With the Indian and South African members, he advocated on a world scale measures akin to the Goldsborough Bill in the U. S., advised "international action of the gold-standard countries to restore world wholesale commodity prices to the 1928 level."

The League majority, flatly disagreeing with Chairman Janssen, was headed by Economist George Bassett Roberts of Manhattan's National...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!