The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-08-12
LARGEST SINGLE GOLD
SHIPMENT on RECORD
x,neteen Millions OF yellow Boys
ana Thirty-four Millions Worth
of Securities.
ESCORTED HERE By wARsHrps
Was Brought Across In Battle Cruiser
Under Command OF Admiral Beat
dc. Hero OF HelgoIand Naval VIC
tory.

New York. Aug il.-Nineteen NIL
aaon. five hundred and thirty-four
Thousand dollars IN gold coin OF the
Emitted States and securities esumat-
nd to be worth s34. zoe. 600, but the
value of which J. Z. Morgan 20.
& refuse TO stale. arrived in TINS city
from the Bank of England today, ana
were lodged in the Wall Street SUD
treasury. They were consigned TO j.
r. Morgan & Co. agents OF the Brlt-
ish government in this country.
IT was the largest single gold SNIP
mani ever made. hut may he beaten
IL the war continues long enough
The gold will he used TO steady eX-
.hauKe on London, and the securities
may be used later as the basis OF an
American loan; on this point the
bankers are noncommittal, pointing
out that the securities represent
purely private transactions. "hich
are of no interest TO the public.
Previous 10 this the largest single
gold shipment had been the $4,000
0ae. which American bankers en-
deavored 20 send abroad little over
q year ago on the Kronprinzessin c.
ellie. and which made port IN BAR
\ Harbor.
Escorted BY Dcstroycrs.
Today's millions had no such as
fonishing adventures. Soldiers pre-
sumably loaded them on an English
battle cruiser under command OF
Vice Admiral Sir David Beattie, victor
In the naval engagement of heigo-
land, The cruiser was accompanied
L by torpedo boat destroyers well out
into the Atlantic. and had an escort
OF one or more warships all the way
10 Halifax This was necessary, since
I magazine explosion, stress OF
weather. or some unforeseen acct
dent might have put the gold ship
In a helpless or sinking condition.
Once at Halifax representatives OF
the American Express Company were
on hand TO take over the shipment
So were the agents of the Dominion
q Express Company. Admiral Beatte
was not disposed TO turn his treasure
y over 10 anyone but the American tx
press Company. and did not give u 10
the Dominion Express Company un-
III, NE had cabled the Bank of Eng
land and got word 1t was all right.
American Express Handled Gold.
But though technically In the hands
OF the Dominion Express. the gold
ana securities were really handled by
the American Express from the mo-
u1ent of arrival at Halifax until they
were trundled through the sub-treas-
ury door on Pine Street today. When
0ssA express company turns over golo
Ia another, the rule Is TO weigh the
consignment. II was to obviate this
weighing. with long and possibly
dangerous delay at the Canadian from
tier. that the American Express TOOK
real charge at Halifax.
The gold was Immediately loaded
into five steel baggage cars with an
empty steel care fore and aft. Forty
Of the express companys men, armed
with Winchester's and pistols, stood
guard over the train. These men de-
parted for their beds today noon WITH
whoops of Joy. They had not SLEPT
minute for forty hours. II was not
considered policy to let them slum-
her In relays on the trip to New
York.
Preceded BY Pilot Train.
A pilot train, made up exactly like
the gold train, but with empty steel
cars, preceded the treasure by few
minutes all the way 10 New York
Thus IL anyone undertook to blow
up q bridge or tear holes In the road
bed, the empty train would be the
victim. But the express company
which has transported safely about
4i3S. 900. 200 gold from Ottawa TO
& New York since January /, did not
worry much about these risks. For,
Al. the transport OF gold is not more
\ dffi8cnlt than the moving of so much
! lead.
In spite of every precaution and
Il 4xery surety. the officials OF the ex-
4 nress company breathed easier when
It khe gold had crossed the bridge OF
3 panceboro, Me. which links Canada
ana this country, and which Werner
Il Horn, a German. and a German SYM
pathizer, tried TO dynamite last Feb
u euary
# The trip TO Vanceboro, a matter of
4 twelve hours from Halifax, was made
& over the tracks of the Intercolonial
81 Railway and Canadian Pacific, by
way of ST. John, New Brunswick
From Eanceboro the gold came to
New York in twenty-six hours over
the Maine Central. Boston ARD Maine,
Boston and Albany and New York
& Central tHarlem divfstorb roads. The
treasure was brought into the Amer
Il lean Express terminal at Tenth Ave-
nue and Thirty-third Stree. arriv-
! tng NJ o'clock this morning.
There It was loaded into twenty
n I've automobile express wagons.
3 HriIled and barred at the rear with
what railroad men call q lazytongs
4 gnte, the kind that closes the end OF
4 Pullman car platform. These moto
& expresss wagons carried each a COM
4 parutiveiy small amount 81 gold. so
far.as bulk ~ concerned. Each van
& had in IL several of the express
guards. fully armed.
The automobiles drove through
Hudson to Canal Street, across Canal
and Gown Lafayette Street to Park
Row. From Park Row the vans went
down Broadway to Wall Street. They
1tned up closely on the south side
& % Wall Street. the east side of Mas
Il an, and the south side of Pine, The
Sxoid was unloaded and carted into
4 the door at the northeast corner of
sSxhe sub-treasury on little. low trucks
Il AZ took about five minutes TO UNLOAD
Zach express van.
@s Pleasant to Wall Street
The sight pleased Wall Street and
the vicinity, Coins Of vantage were
GAgeriy seized upon. and crowd
boaled continually about the vans and
81 &1nA scene OF unloading on Pine Street
G0ufted policemen kept everyone
1ocvfng.
No fact in regard TO the securities
ire forthcoming today, but II lis pre-
ia1ned that they are American stocks
ma bonds held abroad.
Their were 200 cases nf gold In tho