DENMARK’S GOLD.

Manawatu Standard, Volume LX, Issue 132, 4 May 1940, Page 3

DENMARK’S GOLD.

SAFE IN ENGLAND. WHAT HITLER MISSED. LONDON, April 14. Hitler’s men are looking ior gold in the bank vaults, of Oslo and Copenhagen. But they will find little there. For during the last few weeks the 'Scandinavian countries, reading the sighs correctly, have been sending their gold to places of safety abroad, states a Daily Mail reporter, r. Denmark and Norway, I understand, have recently sent away ■ more than £30,000,000 worth of bullion. Much of it has been secretly-flown to England and deposited in the safety of the vaults of the Bank of England. Other gold cargoes have been shipped to. the United States. ■ Scores of secret flights have recently been made by specially guarded air liners between the Scandinavian countries and Great Britain. So well has the secret being kept that even “the City” has only just heard of the treasure that has arrived in their midst. About £13,000,000 in gold has been flown hero from Denmark alone, I understand. It was carried in boxes, each containing four bars. Each air liner carried about 100 bars in 25 boxes. The transference to the Bank of England took place “without- a. hitch.” Norway has lately sent most of her ,£23,000,000 gold holdings abroad — more than £8,000,000 of it to the United States, where she already had a large gold reserve in the Federal 'Reserve Bank of New York. Sweden, too, has been getting gold out ot the country fast. Last month more than £10,000,000 worth of her £74,000,000 reserve reached the United States. : ' , , ' " 4' Jn city circles yesterday I was told that the gold rush from Sweden has “continued apace.” A well-known bullion dealer told me how the- precious freights were carried. . t „ “\Yo have flown scores: of cargoes and never had a mishap.” 'he said, “Strong police guards meet the bullion ’planes at the aerodrome and armed men travel in the trains nr lorries by which the transference is completed.”