| Show increased production of gold to make america real banker of world BY W Q RALSTON 01 formerly aia autant U at son san francisco those who have given thought to the financial situation know that immediately after peace is declared a heavy outflow of gold will begin we wc shall ie be called upon to return all that has come in here and more besides the question naturally suggests itself where is this more to come from the united states and its territories produced in gold in im 1916 sin and in 1916 which shows that our gold production is falling off but the stock ot of gold in this country has increased from at the outbreak of the war to about today our government unlike any other coffier government in the world does not interest itself very much in the production of gold once in a while you hear someone make the statement that there isal is plenty ent y of gold in this country and it leaves you with the idea that gold does not cut very much of a figure in the finances of a nation na lion thelrue Th the etrue true answer to that point of view is found in asking the question what wha t gives en england 91 and her supremacy in the financial world not her navy not her manufacturers nor her products but the fact that she controls the ahe gold product 0 of the world worl dand and for that reason isable is able to es establish tallish under ordinary conditions the rates of exchange and to make e the english pound the basis thereof we are told that we have been getting much profitable knowledge from the visits of the foreign commissioners to this country regarding I 1 war conditions and how we ve can meet them ut let us go one step further and add financial preparedness to our present work and adopt britaina Brit Bri ains fains method diamore dig more gold we have hate a a wonderfully rich domain in the territory west of the rocky mountains and in alaska it is only awaiting development and when properly developed will increase the production A of bf gold to such an extent that thai becan we can become the bankers of the world lin fact not noi in name only as we are today i A man would be foolhardy who would attempt to foretell what will happen in this country when them the war con ceases ses when this immense amount of f jold gold has gone back into its natural na channels and iab we ate are called upon ltv to f furnish more gold to help resuscitate and rebuild the countries now at war T would not even hazard a guess but bui one thing is certain s 1 n nh increased production of gold will go further toward helping any con u flitton won that iba may in ay arise than any other othar prie one thing I 1 f af t i A |
