Abstract

In the Driftway
July 6, 1932 issue

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The article focuses on the metal, gold. In a world nourished on symbols no symbol has more faithfully preserved its force through the centuries than has gold. Other metals have been more precious, judged by their money value; other materials have been more rare, more hardly got, far more useful to mankind. But among civilized nations and some not so civilized, none but gold has been so persistently cherished, none has retained so firmly its irresistibly romantic associations. The idea of the gold standard in international currency is far more potent, among the masses who understand nothing of world finance, than if gold were a mere monetary unit and nothing more.

See Also:

GOLD; PRECIOUS metals; GOLD standard; METALS; MONEY; FINANCE
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