The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-10
GOLD ROOMS OF THE NATIONS.
Russia Has $4,000, 900, 900 and Is Not Salts
fied-The Mystery OF Accumulated
Treasures.
Treasures.

The disappearance OF large quantities OF
gold and silver. but more particularly the
folmor, from the coinage circulation Of a
cogntr y one Of the things that no gov
ernnent has been able 10 prevent. and the
question. what becomes Of these metals? Is
one cnshrouded In more or less Of mystery.
After counting all coin and bullion, and
making liberal allowance Tor the amount Of
gold used in the manufactures and arts,
there remains an immense shortage that Is
accounted for on the hypothcscs that the
principal European governments have with
drawn it from circulation to hoard 1t In
their war chests
The amount of money thus withdrawn
from the general use varies year by year
III accordance with the state Of prosperity
prevailing. although this rule Is variable
During the years 1Sg&lsol these foreign
boards Of gold were Increased TO the eX-
tent OF S32SuOpoCu. White the output o.;
gold from the mines of the world during
the same years amounted 10 Only S,i'iNt,N,-
CO. M SiO.N0.OUU moro than was boarded
During the same period OF time there was
used in the arts about $l21.h J,.hN, anu
1900 co In gold was retained ~ the
East by Africa, and hy Central ana SCUM
America. AS an inevitable consequence the
circulation was depleted during these TWO
years by about S24UWu,CCu.
That such a state of affairs Is menace
to civilization goes almost without say
sno at lnleIt" ~ er,i,,.. MINI hat The
,nost nowertul o: tho European nations
nave adopted. True. the vast amount men.
tioned above rspIessn'ea Inc n,sr inc sncc
Isa4 me Titbdr5wois from circulation have
not been 50 great but the figures are c'ted
merely 10 Illustrate the fabulous amount M
gold that Us being secretly accumulated by
.IN HN "a
Ereroe ana Aust,io In England ana also
I, tbis ~cnrtry mo reot,ia arc emitted to
i.,o,. d, No. or,t,. dci',r snrneg from and
r-tsya I, eoes To an exception NJ np great
nee " -, W. o' t -i,h enc socrot
tupostaute w ~ ,t ,b ,,,o,,i,ts
hoRfdlnk 81 GOV tl"m'u,9 ''tu1 Wv b.. tni
SCI apart LOT Tue s,,,.' ~, - ,,
7clufd hn0nclers or 'hf ",p N'.,u " -.
tmated tnnt uistrluG'ci Nr' E''n Wv, ~
Cieat nations named fhH'e Is sum vi
quito 100000 600 Etotcd RNaE nm ie.nl =.
and to guard which tho most c5tr1"ldlWI%
precautions nre taken and the most ng,u
secrecy presrryed regarding the amounts
mt nv vear nttcr ycDr. Indeed. large
II,,r,l,er m Runprioi. cyuetts nlioco that tho
$500, .r,6J 4. ,h.urdl, hollow the mark.
-bicb an ,,curote guess NAV i've mode
o. INC amount hidden away by the four
~ Wv u'n n, tg,,r,tots
H'e"' '-''
-
A. Illustrative Of this fact mnr he TO
,...,,. -..--, h,. , Cor.
membcrcd tho explanation gwen 10y Ter
-
u.sn statesman why II WA, tAat Count
,Ct,, tbo Rrs-l,r minister Of HnanCe.
49, ~ ..., ,.,,r.
fnilcd N nont n hlE l''h ' 'il' wv. 'N'
neo, though the matter WIS finally arranged
,atn-
'ateI, -
The reluctance Of the foreign Won'S
markets To make any further advances Ia
~. .-...,.,. o., .oil tbi- g,rtinn, m
tt,,,e ,u,a 49, ~ ne a. nbln 10 puIpr.
Ky u,r ~ ,,ctil, nursue1 lev
steiu w tcrrr,cn, for mo last forty
w Nis,'yn IN 'dr,,,irr ooij from
Ills ~ aIs , ~, ,r,e sor,ig, "a. vol na
W.. Eve tbo cSsh reearre IN January /.
ISga As about 500 OoNoOO These Ha nos
nre misleading for " ts known Tor a pcs.
I,le lhGi tual I'M ,rt"S" U,,"s
TINT amount in gold. wniic, according to
rnlncial experts and economic anthntitieF
Is p VSt.rnn'c1 enut ppo,nts ~ some
thing near 100000. eco.
This statesman whose. namo carrie
Eht "m ,,rood5 ~, o,, no W.,
rions means by which Russia i, .unl-.'us
such fabulous store of gold, Rnl save 4
as inc reason why the Russian loan mac
not been Heated That Europcun nations wore
disquletcd AZ what such peculiar uoli'
might forhode. But the suspicious That arc
Fastened upon kussin are cm1uations from
the Imaginative brains Of the EnrliSh imam
ciers who. In common with 4 certain 'ctliuu
of the leaders of public opinion, suffer from
ctronic Russophobla, Nor was This 'crHng
nllayed IN any measure WhCu an the oo"lict
stages OF the Boer war the Bank y Eng
land applied to the Russian government fol
loan OF Sl2oWoWO In gold for term vi