The United States was caught at at an unfortunate moment, just on the eve of putting into force the new Currency and Banking acts. Fortunately, arrangements for emergency currency provided for by the temporary Aldrich-Vreeland Act, which was carried after the isis of 1907, were specifically kept in being; and the notes authorized by that act were ready and available for immediate use. The amount of this emergency currency used up to September 10 was $256,- 000,000. The bankers are not able or willing to release gold. The dol-Jar exchange on London stood six weeks after the outbreak of the war at a discount of nearly 2} per cent.
South Africa, The Government of the South African Union passed acts in August authorizing the Governor-General to take steps to regulate pri-oe, to prohibit the export of goods, to grant relief either by extension of time for payment or by granting a stay of execution to debtors whose obligations were incurred before August 4, and to protect or increase the currency.
Text read from the printed page and cleaned; old type leaves the occasional error.