AMERICA’S GOLD LUST.
“Do you knew how much gold there is in New York City at the moment?” Here is the amount, £566,000,000. “You don’t realise that. So let us put it this way. “It is 5660 tons of gold. “It would fill 1132 5-ton lorries, as many as would make a parade two miles long. “All this is hoarded in a basement at 32 Wall Street, New York City. “Unless this gold is set free for the use of the gold-standard nations, the gold standard will break down. “America is wrecking the financial basis of civilisation all through her stupidity and lioggishness. “More damage is being done to the prosperity of the world by this goldhogging than by all the scheming of tho Moscow Soviet. . Every banker knows that. Why d“"s not some M.P. ask a question about it?”—Herbert N. Casson, in “Hogging the Gold,” published in the Efficiency Magazine for August, 1926.
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Manawatu Standard, Volume XLVII, Issue 6, 4 December 1926, Page 14
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154AMERICA’S GOLD LUST. Manawatu Standard, Volume XLVII, Issue 6, 4 December 1926, Page 14
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