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gold reserve and foreign bill book, which is at present deposited in the Bank of England at London. If the Societe Generale de Belgique had not done so, all notes of the Bank of Belgium would have been declared valueless by Germany. A very prominent Englishman, married to a Belgian lady, told me a story about this gold reserve which is amusing enough to repeat, and which has a certain appearance of truth. When the Germans took possession of Brussels, he said, their first move was to send certain officers to the great Brussels Bank, in whose vaults the gold reserve was kept. The word had been sent ahead that they were coming, and demanding that certain high officials of the bank were to be present. The officials went to the bank, and the German officers presented themselves promptly. The conversation was brief. "Take us to the vaults," said one of the German officers. "To the vaults?" said the principal official of the bank. "To the vaults," was the curt reply. "I am not the vault keeper. We shall have to send for him." The bank official was most courteous, quite bland, indeed. The officer scowled, but there was nothing to do but wait. The vault keeper was sent for. It took some time to find him. The bank official commented on the weather, which was, he considered, extremely warm. At last the vault keeper came. He was quite breathless. But it seemed that, not knowing why he came, he had neglected to bring his keys. The bank official regretted the delay. The officers stamped about. "It looks like a shower," said the bank official. "Later in the day it may be cooler." The officers muttered among themselves. It took the vault keeper a long time to get his keys and return, but at last he arrived. They went down and down, through innumerable doors that must be unlocked before them, through gratings and more steel doors. And at last they stood in the vaults. The German officers stared about and then turned to the Belgian official. "The gold!" they said furiously. "Where is the gold?" "The gold!" said the official, much surprised. "You wished to see the gold? I am sorry. You asked for the vaults and I have shown you the vaults. The gold, of course, is in England." We sped on, the same flat country, the same grey fields, the same files of soldiers moving across those fields toward distant billets, the same transports and ambulances, and over all the same colourless sky. Not very l
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