"New Deal" for Belgium, Daily Racing Form, 1935-04-01

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"NEW DEAL" FOR BELGIUM BRUSSELS, Belgium, March 30 Paul Van Zeeland, premier of Belgium for but a week, submitted a comprehensive program of "Rooseveltian ideas" before the Chamber of Deputies on Friday. He demanded the authority to devaluate the belga as much as thirty per cent, with a right to depreciate it twenty-five per cent immediately. He asked power to extend for a period of one year in which to reorganize the countrys banking system, raise prices, stimulate industry and keep currency on a new stable basis. The premier is American-educated, being a Princeton graduate. He indicated, however, that the country would rmain on a new gold standard.


Persistent Link: https://drf.uky.edu/catalog/1930s/drf1935040101/drf1935040101_23_9
Local Identifier: drf1935040101_23_9
Library of Congress Record: https://lccn.loc.gov/unk82075800