Twice within the past few weeks Germany has claimed to have broken the world's air speed record of 440 m.p. held by Italy, On the first attempt, according to the German announcement, the speed was 464 m.p.h, and on the second 469 m.p.h.
hen the news came out it was announced that the plane used was a standard Messerschmidt fighter, the same as those supplied to the German Air Force, says Victor Burnett in the "Sunday Express."
Loan now state quite definitely that the facts as officially issued from Germany are completely untrue, and that the whole episode is one of the most ishing deceptions ever attempted in record breaking avi tion.
It seems indisputable that the only people in the world who believe gold is worth $35 an ounce are a few individuals in the United States Governments, There certainly is no indication that American investors have great confidence in that price, else gold mining stocks (the only legal way in which American citizens can own gold domestically) would be in greater demand.
It is, of course, undeniable that the constant threat of European war has been a factor in sending gold to these shores. On the other hand, there has been no tendency for gold, sent here in time of stress, to be withdrawn when the stress eased, as, for example, after the Munich crisis.: Similarly there-has been no evidence that lack of gold in foreign hands has proved a sufficiently serious hazard to trade to force a substantial change in the parity of international price levels. In other words, gold has apparently ceased to be a balance wheel and regulator of international trade and prices.
Text read from the printed page and cleaned; old type leaves the occasional error.