Evening Republican, Volume 20, Number 250, Rensselaer, Jasper County, 18 October 1916 — AGREES TO FIVE BILLIONS IN GOLD [ARTICLE]

AGREES TO FIVE BILLIONS IN GOLD

Expert Chemist Promises to do This At One Tenth Cost of the Real Stuff Lewistown, Pa.—To manufacture $5,000,000,000 in gold,bullion, at an expense of about ten bents or a trifle more on the dollar is the dream of Rudolph M. Hunter, inventor, scientist and patent attorney of Philadelphia. This money is to go to the big banking concern of J. P. Morgan & Company and, according to the plans, made by Hunter, is to be made for the purpose of relieving the increasing scarcity of gold metal, due to the fact that the supply is shrinking right along owing to It being diverted into lines of manufacture. When this large amount of coin is made from baser metals, the* plans of the United States Assay & Metal Company, of which Hunter will be at the head, provide hat the formula be forgotten. Mr. Hunter is one of the greatest scientists of the United States. He Is the original inventor and patentee of the alternating transforming accumulator system of electric railways, electric brakes, multiple controllers and a number of other high class inventions. These patents have netted him many thousands of dollars. While the claim of Hun ter causes much skepticism among some classes his standing as a scientist and Inventor causes men well up in the scientific world to place much reliance In his claim. Hunter says that they expect to make $5,000,000,000 in gold bullion then forget the secret formula, as to continue to manufacture the precious stuff would cause a world panic by destroying the medium of world exchange.