gold basis
Americannoun
noun
Example Sentences
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Moreover, the Union's House of Assembly passed 78 to 53 last week the Emergency Finance Bill brought in by Finance Minister Nicolaas Christiaan Havenga expressly to keep South Africa's currency on a gold basis.
From Time Magazine Archive
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Lord Willingdon, Viceroy of India, signed a decree in Simla taking the rupee off a gold basis with the pound.
From Time Magazine Archive
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In Colombia, harassed President Olaya Herrera decided that his country's burdens are too great to bear on a gold basis.
From Time Magazine Archive
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Prime Minister Richard Bedford Bennett of Canada announced that no matter what Britain did, Canada would remain on a gold basis.
From Time Magazine Archive
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An efficient constabulary was established, also a Philippine mint and coinage system on a gold basis.
From History of the United States, Volume 6 by Elisha Benjamin Andrews
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Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.