The Archive · 1931

Action to Recover Gold Bars

New York, Apr. 6.

Russian gold bars figure in an in. ternational law-suit which opened here to-day.

The plaintiffs are the Banque de France and the defendants the Chase National Bank and the [Gaaranty Trust Company.

The Banque de France secks the recovery of $5,000,000, the value of gold bars sent for sale to New York in 1928 by the Bolsheviks who seiz~ Jed them from the State Bank Petrograd. The Banque de France claims that it bought the gold bars from the Imperial Russian Government: beforogtho revolution.

When the proceedings started in 1928 the Soviet withdrew the gold bars to Russim but.undertook to indemnity the banks if it lost the

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

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