Evening star., 1915-08-11
|b|G SHIPMENT Of GOLD
THROUGH THE WAR ZONE
Total of 10000 Ounces Received
From England by J. p.
Morgan & Co.
Rumor That Coin and Securities Ag
gregate Between $50, 100000
and $50, 1000, 600 in Value.

NEW YORK, August 11.-One million
and fifty thousand ounces Of United
States gold coin, valued at $1S.534.200,
consigned in England to J. P. Morgan
& Co., and brought across the Atlantlc
| by a British warship, reached the eno
of it's long voyage today at the United
States subtreasury here. after 1t nad
been carried in twenty-five motor
trucks three miles through the streets
under heavy police guard
The utmost secrecy marked the ship
ment of the gold from England to Han
fax, its arrival there and shipment oy
rail to New York. Other than admit
ting the shipment was made in their
favor, the Morgan firm made no an
nouncement concerning the gold until
after 1t had been locked up In the
subtreasury.
Firm Declines to State Value.
The Morgan firm declined, however.
to make any statement regarding the
value or character of securities which
accompanied the gold. 1t was rumored
in Wall street that the gold and Sc
curities totaled between $30.00o,o0
and $4,000. 600. It was generally stated
| that the securities were chiefly Amert-
can railroad bonds and preferred
A heavy guard of uniformed police
met the special train which carried the
gold and securities from Halifax. The
shipment was made in 100 boxes, and
these were loaded onto twenty-five
motor trucks.
Mounted Police as Guards.
A squad of mounted police rode be-
side the trucks on the trip from the
railroad station to the subtreasury,
uniformed policeman sat beside each
chauffeur and four armed guards sat
on top of the boxes on each truck.
Crowds lined the streets as the trucks
passed through, and throng watched
the unloading of the shipment at the
subtreaSury.
Conveyed Through War Zone.
The battleship which brought the
gold was conveyed through the war
zone and across the ocean by cruiser
and a flotilla Of torpedo boat destroy
ers to guard against an attack OF
German submarines. Tho cost OF trans
ferring it from London to New York
was estimated today to have been
It was said that the battleship
brought over not only the gold and
securities for New York. but also a
shipment of gold destined Tor canada; a;i
amounting to s135,00o.0o0 to New York.
At Halifax the consignment was de-
livered into the custody OF the Amerl-
can Express Company. and when the
train left that city it was preceded by
a pilot engine for the purpose OF test
ing bridges and to frustrate any at
tempt to wreck the train by the use
of dynamite This precaution was Aug-
gested by the exploit OF werner Horn:
or1yfa attAHdn1Gd
to blow up the st. Croix river bridge
February Z to stop shipments Of NUM-
tions to the allies.
Greatest Risk Ever Accepted.
The route over which the train pro-
ceeded from Bangor. Ne. to New
York was kept secret. Secretary Rob-
ert Cowie, vice president and general
manager of the American Express
Company, said that the transfer Was
the greatest risk ever taken by an ex-
press company.
was understood to be to reinforce Brit
ish credit here and to improve tho ex-
change situation, as the English pound
sterling has deprecated of late: The
securities are presumed to be Ameri-
ca bonds. to be used as the bases for
further advances to the British gov
ernment.
Viewed by Secretary MeAdoo.
PORTLAND, Me-. August 11.-Wil-'
liam G. McAdoo. Secretary Of the
Treasury, was at the union station yes
terday, returning to his summer resi-
dence at North Haven. when the spe-
cial train of seven steel cars, filled with
gold from England. via Halifax. passed
Through this city on its way to New
York. He would make no comment on
the shipment The train proceeded to
New York by way of Lowell and