Salt Lake Herald | 1900-01-03 | Page 4 | Gold and the Transvaal

GOLD AND THE TRANSVAAL Henry Clews Mews lews the financial authority rf ff Wall street treet t says Mya that the gold out output output output put of ot th Transvaal should not affect the markets and cannot impair the cir circulation circulation circulation of or the worlds money There is no iO fear of a scarcity of or g I he says ays the worlds production going ging OB on at a rate which renders the temporary Y stoppage of Transvaal Sup Supplier plieS e a r of no DO serious import importance Importance ance n e What the requirements retirements of Eu Europe u rope will veil be e and how ho much gold we re ec 1 t it is impossible to say y Much 1 uh d 11 upon tie lie course of the tre Transvaal a war which is likely ll elY to be of I IEr Er d 1 ration a than at first expected th ugh h v lh ih t h the same conclusion that hat of i ton to British arms Then i t me other excuse will wili have beve to tobe tobe 1 be e i j up by the politicians for the th recent pm p s and the continued continue scare scarcity scarcity ity fly of Kil d 1 for commercial purposes I in Euro Xo No one denies that there theres js is s an abundance of gold BOld in Great Brit Britain Britain ain am but the barkers are keeping it in their vaults J That the trouble with gold It is the moi mC v of the bankers When mixed v I h ii a proper proportion of sil all silver allver ver Pr coir coin they circulate side by side as aa the mol mor y of the people P if the prayer of Wall street for fot a British Br BI rh h triumph in South Africa as us tenet 1 upon in n the tation is 4 answered soon oon the English bankers may ease ur a little on the gold they have haw been hoarding I