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New Zealand Times, Volume XL, Issue 9096, 15 July 1915, Page 11

Gold is being carefully watched by various Continental countries. Thomas Cook and Sons, whose ramifications extend all over the continent, have informed their various branches in a memorandum that “at tho present time great restrictions are being placed in the way of gold in any shape or form leaving the various Continental countries. Some little time ago, Switzerland passed a law prohibiting anyone from buying or selling gold at a premium over the price of notes. Italy, we understand, has now passed a law by which a traveller taking any gold out of the country would bo liable to either fine, confiscation, or imprisonment. The Scandinavian States have also passed a law prohibiting travellers caking gold out of their country except to a very limited amount. As the decrees may change Irom time to time i ts undesirable for travellers to take gold with them on their travels. They can be supplied with our circular notes, thus obviating tho necessity of re-ex-changing currency from one country to another. . . . Even it travellers bring gold into the country without trouble, on their leaving agais they may OS’ pose then?selves'to flaee and eanflgea*. tieii el ' ■