Gunnison news-champion., 1914-08-28
Their COLO R|OOel
NseQie q Eurspe Are hoarders
OF immense Wealth.
Ueoussssbss Quantity ~ Con s"e
ouiiioa 0urisa IN tine orosnd-N&
tioos' Ger Chesss Estimates
10 Contain s2,ooe. .0oo.o00.

European authorities inquired thss
when the Balkan war began and there
was dread among the common peopie
Of Europe that a general war might
result. nearly $3.50. .0o0.o0o In gold Was
boarded in three countries In sums
ranging from a gold piece or two up
10 tens OF thousands of dollars. Aus
tria Hungary MAS credited with hiding
away si50.000. 600. Germany ssa.ooe.-
900 and France sI30.0o0.000.
This was money which had been
traced into those countries just before
the Balkan hostilities began and aftes
war started In addition to this vast
sum there was an unguessable guam
tity of gold already buried In the
ground.
Russia is believed 10 have tens of
thousands OF hoarders Of money II 10
utterly impossible to guess at the
amount of gold which the people Of
Russia have put into the ground %
into the cellars OF their homes. The
sign of wealth would mean the conn
Ing of the tax collector. and among
the men who look poor are owners u
Immense weight in gold.
Vast sums of gold and silver coin
have gone into Russia. which seldom
let's go of 1t. The great imperial was
chest has behind 1t. II the signs mean
anything. other sums in little was
chests-gold which the government
might draw out II II offered lands fos
sale. or bonds the people would trust,
or opportunities in commerce hereto
fore denied them.
England has IT'S hidden boards, ne
sae knOws AOW large sr how many.
: bSt- there n ccaeeg,ed n EnEiaad
nothing like the amount that Is hiddea
In continental Europe, where foreign
armies have only to cross a SURVEYED
boundary line or little creek to raid
their enemies. Turkey, whose people
have been terrorized for ages, has
more lost boards than the world will
ever know about, because there the
boarding has gone on for ages. durina
which armies have swung up and
down the denuded lands, tearing down
cities and destroying everything thaA
could give comfort or sustenanee to
an enemy.
Spain has millions of dollars in gold,
silver, pearls and gems buried and
lost In thousand ancient castles.
monasteries and other public build
fngs. In the heyday of her glory
Spain imported countless millions of
gold and silver from the Americas
and faithless officials made away with
great sums in bullion. hiding il away
and many of them never recovered
II.
India is the bottomless Dit of thu
worlds gold. In one year India I'm
ported s30O.00o.O00, and there has
never been time. apparently, when
india was not importing gold. stlye,
and precious Jewels In the tennlas
OF India there are said to be s1sO !.
ooo,ooo in precious metal and precious
stones.
II the boards of Furcge c,p1a n.
tapped-if the hidden treasures of I'm.
rouoan cities should be tapped b in.
Vadlng armies-the possibilities Of
loot In jewels and precious metals ara
beyond compute But all the loot pos-
sible would not compensate for the
hundreds Of thousands of ounces ~
soid which must be paid each dav for
army sustenance and equipment IA
olden times wars paid for themselves
reckoning from the viewpoint of The
Nictors. Wars were then for loot
The war chests Of Europe are sun-
posed TO contain about s. 600 o00 0eo
IN gold coin and bullion. What possi.
olllties OF loot this indicates is In
some measure understandable when
one considers that this means about
oo'ooo tons Of yellow metal-aps no
mention is made of the bushels Of si.-
In peril. @'SS