CONTENTS 
PAGE 
$ 3. RESTORATION OF THE GoLp PouND . 107-111 
Policy of diminishing the currency pursued till the 
spring of 1923 ’ . . ’ ; . . 107-8 
After which it was kept stationary . . . 108-9 
Free exportation of gold restored in April, 1925 10G-11I 
APPENDIX I—CURRENCY NOTES AND THE Ex- 
CHEOUER . [12-14 
APPENDIX II—THE GOLD STANDARD IN ENGLAND 
BEFORE THE WAR AND AFTER 1925 . 115-20