Show ARGENTINA HAS ClOSE GUARD OVER GOLD Soldiers Camp on Ton of Bullion Worth NEW YORK Dec 15 By A A. A P. P P.- P. Ballasted by a It ton of gold over which swarthy soldiers stood guard g day and night the steamship American American American Amer Amer- ican Legion has s arrived d here with its precious treasure of in bullion from Buenos Aires It is the first gold legally to be exported from Argentina since the wartime embargo and according tot Munson line officials the largest consignment consignment consign consign- ment ever to pass between the two continents The gold in twenty oaken chests bound with metal and sealed was shipped here by the Argentina National National Na Na- 1 Ional bank for deposit against London London London Lon Lon- don drafts to pay the coupons on art of the Argen ne ne external debt i Since the debt is payable in sterling sterling sterling ster ster- ling the gold probably will be ex exchanged exchanged exchanged ex- ex changed for British pounds after which it will go into storage to re remain remain remain re- re main until it is minted or rejoins the stream of bullion constantly flowing lowing between the United States and foreign countries EXCHANGE FAVORABLE Beca Because se of the difference In the rates of or exchange the government of Argentina expects to profit to the extent of about paper pesos in New York when the gold is exchanged exchanged exchanged ex ex- ex- ex changed for pounds sterling Handling large shipments of gold and silver bullion has become commonplace commonplace commonplace com com- with trans Atlantic steamship companies and the bullion bullion bullion bul bul- lion is handled as so much merchandise merchandise mer chandise chal But the shipment of a afew afew afew few millions from a South American American American Ameri Ameri- can country a national event and the steamship chosen for its transport is freighted with re re- re PRECAUTIONS TAKEN The removal of or the from the Argentina National bank to tho the ship was attended by the greatest of precaution It was rushed through the streets of Buenos Aires accompanied by guards armed with pistols rifles and swords and hustled hustled hustled hus hus- into the proof burglar-proof vaults of the American Legion The precious cargo was under strict watch throughout the voyage Upon arrival arrival arrival ar ar- ar- ar rival here similar precautions were taken the regular police being augmented augmented augmented aug aug- by armed guards while the armored trucks that carried the gold to a government were protected by armed men Handling gold has become so common with the largest transAtlantic transAtlantic trans At lantic steamship companies and the agents of the lines and even the have become blase about handling millions of the metal The process of loading storing and unloading unloading unloading un un- un- un loading gold In international shipments shipments ship shIp- ments menta has hall become so systematized that the factors of responsibility and risk are considered hardly more than in the transportation of a box of toys An official of the International International International mercantile marine explained that the companies feel perfectly at ease when the gold is placed in a ships ship's vault In transporting the gold to and from ships guards are usually provided by the Hie consignor and consignee |