28 OCTOBER 1911, Page 3

Our correspondence columns have of late been much occu- pied

with the question of the depreciation of gold owing to the largely increased supply. An important side-light is thrown upon these considerations by the report of the Mint issued on Friday. It estimates that since 1900 there has been au increase of £13,000,000 in the gold circulation of the United Kingdom. It is safe to say that this increase is pro- portionately larger than the increase in our population.