Washington, Jan, 13.
The United States must continue its purchases of gold or chaos in international finance and serious dislocations of domestic business will result, Mr. E. A. Goldenweiser, research chief of the Federal Reserve System, said yesterday in the organization's. monthly bulletin.
He said there was no simple solution to the gold buying problem. Gold accumulated in the United States—amounting to $17,600,000,000 and approximately 62 per cent, of the world's total monetary gold stock—is an asset of unpredictable value he said.—United Press, Japan to Increase Her Commercial Attaches Tokyo, Jan, 13.
Reinforcing commercial and diplomatic activities, the Ministry of Foreign Affairs announced plans today for to increasing the number of commercial attaches abroad from 24 to 80 persons. An appropriation to make the increase will be sought at the Diet.
If the appropriation is approved, the Ministry plans to improve the status óf commercial attaches, placing promotions on the same basis as for diplomatic offcials.—Dome:
Text read from the printed page and cleaned; old type leaves the occasional error.