Identity area
Reference code
Title
Date(s)
- 3 May 1925 (Creation)
Level of description
Extent and medium
1 single sheet
Context area
Name of creator
Repository
Archival history
Immediate source of acquisition or transfer
Content and structure area
Scope and content
King’s College, Cambridge.—Has written to Snowden proposing an amendment (to the Gold Standard Bill) repealing Section IV of the Bank Act, 1844. He overlooked the importance of this point in his article in this week's Nation.
—————
Transcript
King’s College, Cambridge
3 May 1925
Dear Pethick-Lawrence,
In my article in this week’s Nation, which you may have seen, I made a bad mistake and gave the Treasury more credit than they deserve. I forgot Section IV of the Bank Act, 1844, which they are not proposing to repeal. This Section obliges the Bank of England to buy gold bullion in unlimited amounts at £3-17-9.
Thus all the dangers, which in my article I thought they were avoiding, they are in fact inviting.
If an amendment could be carried on Monday, repealing Section IV of the Bank Act 1844, it would be an enormous improvement.
I have written a letter to Snowden on the same lines as the above. If you agree with me, I wish you would go round to see him on Monday morning.
Yours sincerely,
J M Keynes
Appraisal, destruction and scheduling
Accruals
System of arrangement
Conditions of access and use area
Conditions governing access
Conditions governing reproduction
Language of material
Script of material
Language and script notes
Physical characteristics and technical requirements
Finding aids
Allied materials area
Existence and location of originals
Existence and location of copies
Related units of description
Notes area
Alternative identifier(s)
Access points
Subject access points
Place access points
Name access points
Genre access points
Description identifier
Institution identifier
Rules and/or conventions used
Status
Level of detail
Dates of creation revision deletion
This description was created by A. C. Green in 2020.