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Precious Metals and War Across Nations
The article traces shifts in world gold stocks over a century, noting US gold holdings surged from 1914 to 1925 due to imports and mining, while Europe saw transfers amid wars. It discusses historical examples from Rome, the Revolution, and the Empire, and argues war can be lucrative only for certain small, movable-resource armies. pacifism vs war doctrines are weighed, warning that Europe’s future hinges on resolving this bullion question.
MENTIONED IN THIS ARTICLE
United States
Europe
Switzerland
Holland
Signor G. Ferrero
Illustrated London News
Euphrates
Rhine
Danube
Italy
France
England
Havine
Grand Canal
Venice
Florence
Germany
California
Australia
Mediterranean
Mrove
Fautus
Genseric
Africa
Bismarck
Rowe
Centurie S