Word: hoarded
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Gold reserves in the U. S. were up to $4,500,000,000 last week, down in Britain to $750,000,000. The gold theory of the MacDonald Government (TIME, Dec. 1) is that the "stupendous hoard" of gold in the U. S. and France has become "largely sterilized" and must be got somehow into "fecund international circulation" before British prosperity, world prosperity or even U. S. prosperity can return...
...famine relief gift among the remnants of the Manchu Treasure which now comprise his small fortune. Rummaging, he found some antique Ch'ien Lung sables, perfectly preserved, fabulously prized in China. Turning his jewel box upside down, generous Henry counted out 800 pearls from the dwindling hoard. By a trusty messenger the Imperial pearls and Imperial sables were despatched "with Mr. Henry P'u-yi's compliments" to the chief Peking agency of native famine relief, the great vernacular newspaper He Ta Kung...
...course not all Brazil's coffee is hoarded. She sells and exports every year between two-thirds and three-fourths of the world's supply. But surplus has piled on surplus, year after year, until Brazil's hoard is both an economic and a political menace to the government of distracted...
President Washington Luiz Pereira de Sousa. Last week hope loomed. A $100,000,000 loan to support Brazil's coffee hoard in Sao Paulo (principal coffee state) was announced to be in process of negotiation by J. Henry Schroder & Co. of London and their potent Manhattan correspondent Speyer...
...somebody for him had to say to the State Department, convincingly. It was said ? convincingly. Last week Acting Secretary of State Joseph P. Cotton officially announced that the administration has no objection to the loan, believing that it will be used only for temporary support of the Brazilian hoard. which the hoarders promise to liquidate within ten years...