London, May 5.
Lieutenant-Colonel Walter, Gum Ines, moving the second reading of] the Gold Standard Bill in the House of Commons to-day, pointed out in [connexion with the proposal that the Bank of England would be bound to sell gold in amounts of not less than 400 ounces troy of fine gold bar, that each will be worth about £1,100 and the size of the bar alone would prevent this proposal from cing used to bring back gold into general use and limit the possible drawing of gold for export.
'The clause in the Bill empowering {the Treasury to borrow for exchange Joperations did not increase the total' fof the money that could be borrow-fed, Any sums raised under these powers must come out of the usual provision for borrowing up to the total for supply services for the year, voted yearly in the Appro-Priation Act, Two credits had al ready conditionally been negotiated under this.
Text read from the printed page and cleaned; old type leaves the occasional error.