The review. [volume] (High Point, N.C.) 1908-19??, 1914-08-20
THEIR GOLD HIDDEN
People of Europe Are Hoarders
of Immense Wealth. :
UnguessabIe Quantity OF Coin ana
Bullion Buried in the Ground-Na-
tons War Chests Estimated
to Contain s2,oco, 100000.

European authorities figured that
when the Balkan war began and there
was dread among the common people
of Europe that general war might
result, NEARLY $3.50, 100000 in gold was
boarded in three countries in sums
ranging from a gold piece or two up
to tens of thousands of dollars. Aus
tria-Hungary was credited with hiding
away $15OOOO,OOO, Germany $65,OOO,-
900 and France $130,000,00O.
This was money which had been
traced into those countries just before
the Balkan hostilities began and after
war started In addition to this vast
sum there was an unguessable guam
tity of gold already buried in the
ground.
= Russia is believed to have. tens Of
thousands of hoarders of money. 1t is
utterly impossible to guess at the
amount of gold which the people of
Russia have put into the ground or
into the cellars OF their homes. The
sign of wealth would mean the COM
ing of the tax collector, and among
immense weight in gold.
Vast sums of gold and silver coin
have gone into Russia, which seldom
lets go of it. The great imperial war
chest has behind it, if the signs mean
anything, other sums in little war
chests-gold which the government
might draw out if it offered lands for
fy~FTC OF
or opportunities in commerce hereto
fore denied them.
England has it's hidden boards, no
one knows how large or how many,
but there is concealed in England
nothing like the amount that is hidden
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 Wilt
ever know about. because there the
boarding has gone on for ages, during
which armies have swung up and
down the denuded lands, tearing down
cities and destroying everything that
an enemy.
Spain has millions of dollars in gold,
silver, pearls and gems buried and
lost IN a thousand ancient castles,
monasteries and other public build
ings. In the heyday of her glory
Spain imported countless millions Of
gold and silver from the Americas
Poi oH 1o 10
great sums in bullion, hiding it away
and many of them never recovered
it,
India is the bottomless pit of the
worlds gold. In one year India inn
ported $3O0,000,O00, and there has
never been a time, apparently, when
India was not importing gold, silver
and precious jewels. In the temples
of India there are said to be $780,
100000 in precious metal and precious
stones.
If the. boards of Europe could be
tapped-if the hidden treasures of Eu-
ropean cities should be tapped b. in
vading armies-the possibilities of
loot in jewels and precious metals are
OcyOAu COlnpuCo.. DuI oil Iu0 lOOt pos
sible would not compensate for the
hundreds of thousands Of ounces of
gold which must be paid each day for
army sustenance and equipment. In
olden times wars paid for themselves.
reckoning from the viewpoint" of the
victors. Wars were then for loot.
The war chests of Europe are sup
~ f0i oh
in gold coin and bullion. What possi-
bilities of loot this Indicates MS in
some measure understandable when
one considers that this means about
$4,000 tons of yellow metal-and no
mention Is made of the bushels of dia-
monds. rubies, pearls and gems also
in peril.