The Glenwood post., 1914-11-07
S STILL UNs)LyfD
co0miooioa fa1s b Setuo ~
~ q Noag6o6 ~
VAu9 ooao0ao - ~ 0s0slomo o111nD
0W00 ~ o011o 0nnpAno 0 ~
0o-ea0naa1lv 0oBo1nQ ~
~ ooauy.

- - 10U0 u100oo - -
Peacy. VIVA ~ ~ asao lnsoA
eeeeaas ss0s eaaGsssosias ~ 1850
etAsss. bst 4 Asas ~ elaa1 - -
mystery q tAs AsasAa1 ~ q lAAA
No0 tios ionaassaA laAla -
aAsorSs1 oaal - . s0sAOs she0os
water. The Aev q ~ - la1Aa ~
always eoatiaoe1. In tAs Ast ~ yaAss
sAs has received el3S, ,o00y ~ u ~.
partly In sovereagns aA1 DaFtly n bul
lion. In addition to enoeo0ss Q1AAt1-
tiss Of oliver. II all soes into -
country. bst very little ever eo0es
out. Lord Rothschild Observed so0s
yeass ago that he had aotiesd that
noas of the smooth gold haFs ssnt to
India from this country ever ca0s
back. What happsas to this great
stream OF precious metal, which con-
tinuously disappears like those rivers
In desert lands which lose themselves
underground.
The testimony Of experts 10 most
conflicting. Some say 1t 10 boarded.
while few are ready to prove by .
formidable array Of statistics that 1t
cannot be extensively boarded Those
Who believe that India possesses 4
vast store of boarded treasure make
the widest guesses At fts probable to
tai. The most popular estimate a
tAe boarded wealth Of India puts tie
total At e30o. .0oo. 900. which would
anout to Ell psr head Of the posala-
tsoa: but some credible estimates srs
Ar higher. The experts ssagssa.
agaaa. about tie probable s6scG ef
lAafa's absoeDtioa Of so'A uDoa ~
voss1's Doosy DaEksts asd the peaoes
Il co0noditiss. So0s say that all
0os10seAg coantsies beos0t thaeooy,
vAlls othsss. sch - Dir EAvara Hoa-
-, aD1sas 70 hold that the Araia
Il 0osl to InAia" b . potential NO.
-. TAe oomniooioa, vhile doelinlng
70 indosse other Of thsss mutually d.
oefOet4vo co0tsatioas, haG declared II
e2ecG hat N increased uss of soal b
lA1h should not in future b eocour-
aged By the government. but IDAia
already seems disposed 10 ressat this
rsoommendat1oo.
Whether gold 10 boarded In India b
really . question Of tsfms. All na-
tSoas hoard gold upon occasloa. II
England were tAreateaed With q great
war tomorrow We nay depend upon Il
that there would be . rush for gold
on the part Of those people who pos-
sessed both foresight and 4 balance At
the bank. 1t 10 estimated that during
the Balkan crisis the peoples Of cen
tral Europe obtained and boarded
ESQ, ,000, 900 in gold. india has been
subjected to repeated i1vasions and
innumerable internal wars, aud her
people have never lost their heredt.
tary sense Of insecurity. Banking n.
cilities are stfll sparse, and It would
be surprising IL Indians did not hoard.
But boarding docs not necessarily
mean burytne In the ground or con-
cealment in the roofs Of houses,
though those pfactises are doubtless
extensive. Mr.. J. N. Keynes, 4 mem
ber Of the commission, tells . story
Of . Brahman in eastern Bengal who
evsp boards currency notes In his
roof. Once . week he rstires privily
and spreads them out in the sun to
remove the damp. A very larye pro.
portion Of the hparded wealth of In
dia il, however. in the form Of gold
and silver ornaments. It 10 into these
ornaments that the bulk Of the bullion
and sovereigns. ~ well ~ much Of
the silver. disappears.