EMPIRE’S GOLDEN ASSETS.
In point of history and prestige, gold ranks as the noblest of metals. Every language carries the stamp of such phrases as “heart of gold/’ “as good as gold,” “the golden mean ’ and the “golden age.” Even the Gates of Heaven are gold, writes Professor Stephen Leacock in his new book, “Our British Empire.” Of late years dismal economists have tried to sneer gold Out of existence as money—antiquated as a stage coach, far inferior to an index number and a managed currency. For a little while, gold money trembled for its existence and apart from monej and prestige the metal is of little worth. But the first danger of war and now war itself, have restored gold to its throne. You cannot buy foreign munitions with an index number. This is all to the good fortune of the Empire, the world’s greatest gold producer by a lead that leaves the others nowhere. The marvellous sunken mountain of gold that forms the W itwatersrand of South Africa is matched and presently will be surpassed by the Aladdin’s Cave of mineral wealth (gold, copper, nickel) of the land of desolation that fringes the sunken coast of the James and Hudson Bays in Canada.
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Ashburton Guardian, Volume 61, Issue 69, 2 January 1941, Page 4
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205EMPIRE’S GOLDEN ASSETS. Ashburton Guardian, Volume 61, Issue 69, 2 January 1941, Page 4
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