Evening Republican, Volume 21, Number 269, Rensselaer, Jasper County, 16 November 1918 — Uncle Sam Is to Conserve Gold Only by Distributing It For the Essential Uses [ARTICLE]

Uncle Sam Is to Conserve Gold Only by Distributing It For the Essential Uses

Need a new gold tooth? Going to wed during the war? Better order that ring right away. Expecting to invest in gold luxuries? Better forget that—it can’t be done during this man’s war. For our Uncle Sam has decided to keep a little red book on the geld supply- . - The gold administrator may . not come to rivajl the fuel administrator, the food conservator and the gasolinechecker. But gold—the commodity—will hereafter be distributed in bullion as the wholesale manufacturing jeweler and the dentist and other finer craftsmen set forth their absolute requirements. Use of gold, the commodity, will be restricted to the essentials. An officer of the assay office explains as follows: V “As far'as we know, first instructions to stop exchanging gold bullion for gold coin or cash has been rescinded. We have resumed the exchange in a modified or restricted way. The future course will be governed by the drain that is made on the supply. It will work out as simply as the campaigns to conserve sugar, wheat, fuel and gasoline. And in a dose way the plan follows the same general purpose. The government will keep track of its gold supply, see who needs it and who gets it, and will stop any attempts to hoard it”