The Archive · 1915

Belgian Gold in London

From a recent Dutch publication, containing the various laws, ordinances and proclamations which the Germans have issued for the administration of the Belgian territory they occupy, "The Times" has extracted one item of information which will cause widespread pleasure The Societe General de Belgique is granted the exclusive privilege for one year of issuing bank-notes—"pour éviter une catastrophe National Bank of Bel to do so. Behind this interdict lies the cause of much German petulance. It in stated that this bank transferred the whole of its gold reserves and a large quantity of State bonds to the Bank of England in August, and that some membera of the board of the National Bank of Belgium were sent. "'with the consent the German Government." endeavour to bring back some of the bonds." This mission and a second with the same object met with failure—possi with the consent of the late Belgi Government. Thus Germany, cheated of her booty, has had to look for something illegal in the act of the National Bank it to indignity. ofa "fiduciary circulation" of abut, Fra. Jri

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account