BRITISH 'SOFTNESS'

Hawera & Normanby Star, Volume LXIX, Issue LXIX, 1 July 1915, Page 8

BRITISH 'SOFTNESS'

ENGLISH GOLD IN GERMANY.

Mr Joynson-Hicks J asked ' the Chancellor in Parliament on May 17 whether he was aware that these was a steady export trade in Engash sovereigns being done by German agents tnrough Ho.land, and that this trade was helped by the fact that the Bank of England gave out to Belgian refugees some 10,(X>0 sovereigns weekly in exchange for their notes, and why it was not po3r j sible to issue our new note's to them instead of gold. ~.. ( Mr Acland said there was no doubt1 that the facilities given to Belgian refugees to exchange Belgian note 3 for goid had been abused in the manner suggested and more stringent precautions had therefore been taken. I