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Show H GOLD SUPPLY. H The "Financial World" says: "Germany and the United States are embarking simultaneously on an appeal to their people for more of the wherewithal to carry on the war. It is the second undertaking of the United btates government " the seventh for the peoples of the Gor-1 Gor-1 manic states We have increased our supply of cold since 1914 by the sum of $1,200,000,000, while Ger- many is in such a plight for adequate gold supplies she M has been compelled to ask her people to turn in their m lings, gold watches, trinkets and other gold ornaments that the diminishing gold supply might be replenished, M and yet the supply has fallen to a point where the Imperial B bank's holdings are lower now than at any time since H the summer of 1915. The contrast between the m positions of the two nations is striking and yet Germany H has started off in her appeal with no rebuff s. The people. H pinched and suffering from all manner of privations and H burdened with sorrows for loved ones lost at sea or in M battle on land, are coming forth for the seventh time and H laying their savings on the altar of their country for H sacrifice. With us there will not and cannot be H any commandeering of savings as in Germany, but our H people must heed only the promptings of patriotism and H devoted allegiance to the flag and the government to in-H in-H spire them to buy Liberty bonds. The capital is here in H abundance. The gain in profits to the farmers alone in a H year, through the raise in the price of farm products H over normal pre-war levels, is estimated at more than H - $6,500,000,000, or sufficient to more than twice cover the total offering." |