VALUE OF GOLD.
(To the Editor.) Sir, —I am quite in agreement with the remarks regarding the constant value of gold made by Mr E. Earle Vaile in his letter in your Monday’s issue, and quote the following in support of it: Grote, in his history of Greece, ‘deals at some length with the money, .spent by Alexander the Great in financing his expedition for the conquest of Persia, and states that evidently, the value —i.e., purchasing power—of gold in Alexander’s time was practically the same as in his, Grote’s, time. Alexander's expedition was between 23 and 24 centuries ago; Grote wrote about a century ago.—l am, etc., A. WARBURTON. Ngaruawahia, May 28, 1935.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19350530.2.76.4
Bibliographic details
Waikato Times, Volume 117, Issue 18589, 30 May 1935, Page 9
Word Count
114VALUE OF GOLD. Waikato Times, Volume 117, Issue 18589, 30 May 1935, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in