The gulden must be kept on the gold standard according to Queen Wilhelmina in her yearly speech to Parliament.

Stout, frugal, shiny-nosed Queen Wilhelmina of the Netherlands is as proud as she is plain and motherly. Her court is the stiffest and most punctilious in Europe. The State Coach of her ancient House of Orange is almost as ornate, almost as uncomfortable as the swaying, medieval contraption in which…

Henri Deterding urged the Netherlands to reduce the gold content of the gulden, “in order to help trade.” Other Dutch industrialists voted abhorrence of Sir Henri’s “inflationist proposal.”

Stuffy Dutch burghers, members of the Netherlands Society for Industry and Commerce, opened at their meeting in Rotterdam last week a letter as explosive as two sticks of dynamite. Signed by Holland’s world potent petrol tycoon, Sir Henri Deterding, it urged the Netherlands to reduce the gold content of the…