The History and Mechanism of the Exchange Equalisation Account

Foreword; Preface; Part I: 1. Gold Standard 1925; 2. Conditions before the creation of the Exchange Equalisation Account; 3. Field of operations; 4. Change in characteristics of the E.E.A.; Résumé of Part I; Part II: 5. The Bank of England weekly statement; 6. Short-loan market; 7. Deflation by France to maintain gold franc; 8. Continued fall of the franc; Part III: 9. Cost of financing gold assets; 10. Sterling gold price; 11. Liquid resources of the E.E.A.; 12. Distribution of gold holdings; 13. The crisis period; 14. The E.E.A. as an experiment; Addenda; Currency and Bank Notes Act 1939; Appendix A. Gold Standard Act 1925; Appendix B. Currency and Bank Notes Act 1928; Appendix C. Gold Standard (Amendment) Act 1931; Appendix D. Finance Act 1932 (E.E.A. clauses); Appendix E. Tripartite Currency Agreement; Appendix F. Two protocols to Tripartite Currency Agreement; Appendix G. Figures relating to influx of capital 1936; Appendix H. Figures relating to efflux of capital 1938; Appendix I. Figures relating to the period of the European crisis 1938; Appendix J. Gold imports and distribution; Appendix K. Gold values of principal currencies on 30 June 1938; Appendix L. Sterling-dollar exchange rates 1931–8; Appendix M. Sterling-franc exchange rates 1931–8; Glossary; Index.