Word: golding
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Dates: during 1930-1939
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...Reynaud's basic argument for France's having closest economic collaboration from Britain and the support of her banking system and gold reserve was that France has called to the colors five men to Britain's one. While she holds the Maginot Line, Britain should protect the inner front. M. Reynaud and Sir John also agreed that just because there is a war going on-especially a standstill war where the real fighting is economic, by blockade and the capture of Germany's export markets-is no reason why business and commerce should not go ahead...
...Gold stocks 35.4 60 24.6 (in millions of ounces...
...Empire gold production per annum 14 21 7 (in millions of ounces...
...ships go out through the field and one of the extra mines blew up the cruiser Hampshire, with War Secretary Earl Kitchener aboard. Other submarine-mining triumphs of 1914-18 were sinking the British dreadnought Audacious off the Irish Coast; also S. S. Laurentic, with ?5,000,000 in gold aboard to pay for U. S. munitions. And a U-boat mine sank the U. S. armored cruiser San Diego right near Fire Island off the New York coast...
Richer Abroad. The Dutch are today the largest holders of gold, foreign exchange, foreign and colonial securities of any continental European nation (about $6,000,000,000) and the largest foreign holders, next to the British, of U. S. securities (about $1,000,000,000). But the greatest wealth of The Netherlands is the wealth of the Indies...