GOLD FOR AMERICA

Dominion, Volume 26, Issue 77, 23 December 1932, Page 11

GOLD FOR AMERICA

£7 Million Worth on Way RECORD SHIPMENT Anglo-French Consignments SPECIAL ARMED GUARD (By Telegraph.—Pres* Assn.— Copyright.) (Received Dec. 22, 10.30 p.m.) London, Dee. 22. •The largest single shipment o£ gold which has ever crossed the Atlantic is being carried in the White Star Company’s Majestic, which left Southampton for New York yesterday,” says the “Daily Mail.” •■lt included big Anglo-French consignments, the total value being £7 million. Armed police watched it bein" loaded into the ship’s strong-room, which is being specially guarded throughout the crossing.” WORLD PROBLEMS Monetary and Economic London, Dec. 21. The “Financial Times” says that the future of the gold standard must depend on the ability of the World Economic Conference to bring stabilisation to monetary and economic affairs. It cannot be decided until the debt issue is settled. ATTACK ON PRESIDENT Mr. McFadden’s Action Resented Washington, Dec. 21. The Pennsylvania Republican House delegation on Wednesday voted to oust Representative McFadden as secretary of the delegation because of his attacks on President Hoover, whom he recently moved to impeach on account of the President’s granting a moratorium on war debts. The motion was heavily defeated.