NATIONS CONSERVING GOLD.

Colonist, Volume LVII, Issue 13825, 21 July 1915, Page 8

NATIONS CONSERVING GOLD.

A TIP" FOR TRAVELLERS

According to a memorandum received by the local office of Thos. Cook and Son, tho European nations are showing a distinct tendency to curtail the export of gold. No restrictions are placed upon a person taking gold into a country, but he finds the conditions precisely reversed when he tries to take it out.

"At the present time," states the memorandum, "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 geld 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 be liable to either fine, confiscation, or imprisonment. . ,

"The Scandinavian States have also passed a law prohibiting travellers taking gold ..out of their country except to v a/very liimted amount. As the decrees may change from time to time it is undesirable for travellers-to take gold with them on their travels. They can ho supplied; wi th, our; circular, notes, thus 'obviating the necessity, of re- - exchahgilig currency'from brie, country to another. . . . .Even" if travellers bririg gold into the;;country without trouble; on their leaving again: they may expose themselves to fines and Confiscation of gold."