Russian gold

Bibliographic data

Monograph

Identifikator:: 1772009490

URN:: urn:nbn:de:zbw-retromon-156190

Document type:: Monograph

Title:: Russian gold

Place of publication:: [New York]

Publisher:: Amtorg Trading Corporation, Information Department

Year of publication:: 1928

Scope:: 72 S.

Digitisation:: 2021

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: The Russian Gold Reserve before and during the World and Civil Wars (1883-1921)

Collection:: Economics Books

understanding with the Russian Government for the transfer of gold, securities, and valuable objects to Russia, for safekeeping at the Kremlin, in Mosow. The same month there were deposited at the Kremlin the gold reserve of the National Bank of Rumania, amounting to 314,584,457 gold francs, and two chests of jewels belonging to the Queen of Rumania, of an estimated value of 7,000,000 francs. Somewhat later, in 1917, an additional quantity of gold of a value of 574,524 francs, likewise coming from the National Bank of Rumania, and securities belonging to the same Bank, representing a value of 1,600,000,000 francs, were also deposited in Moscow. Other de- posits were effected at the same time by various institutions con- trolled by the Rumanian Government, as well as by private concerns, to a total value of about five billion francs. All these Rumanian deposits were seized by the Soviet Gov- ernment. Ie PropuctioNn or GoLp IN SIBERIA Siberia in 1917, 1918 and 1919 produced 59,040 kilograms of gold. A large portion of this gold was apparently held at Irkutsk. 32,800 kilograms of gold were supposed to be in the vaults of the State Bank there at the time of the Bolshevist coup d’Etat, in January 1920. The greater part of that gold had been produced at the Lena mines and in the district of the Bodaibo laboratory. This gold had never been included in the balance sheets of the State Bank, and it must have been a pleasant surprise for the Bolsheviki to discover it. On the other hand, Ataman Semenoff was able to get about 8,200 kilograms of the gold, part of which he bought through special agents, and the rest seized on the persons of travelers passing through Daouria station. If we add to this the 2,738.8 kilograms of gold which the Bolsheviki had suc- ceded in exporting from Omsk in 1918, when they were supplanted by the Siberian Government, it will be found that at the beginning of 1920, there remained about 41,000 kilograms of gold of the production of the three preceding years. As to the remainder, of which it has been impossible to ascertain the exact umount, it must be either held by private persons or have been exported abroad. 19

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