HOARDING GOLD
(Press Assn.-
big french holding people lose faith in all.paper currency THF SOARING SOVEREIGN '
-By Telegraph — Copyright).
(Rec. 5 p.m.) • London, August ,2&. Sove'reigiis brbugkt £1 I'Os 8|d In Loiidon on Saturday which is the high'est price received since Britain went off the geld standard'. The S'unday Express city editor says that the ca'use of 'the rise in gold prices is the trem^ndous gold-hoard-ing moVement in FranCe where the people appear to'have lost Confidence in all forms of paper obligations. One great French industrialist is understood to hold over £8,000,000 in London banks.
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Rotorua Morning Post, Volume 3, Issue 621, 28 August 1933, Page 5
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95HOARDING GOLD Rotorua Morning Post, Volume 3, Issue 621, 28 August 1933, Page 5
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