Word: hoarded
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...safe bet that what Nelson and Rosenwald were really planning to take-at least in the near future-was: 1) the machinery still being used for nonwar production (or for no production at all) that could and should be put to war production; 2) the vast, uncounted hoard of obsolescing and obsolete machinery that should have been written off and junked long ago. Taking the former would merely hasten the demise of a peace plant which is probably doomed for the duration by materials or labor shortages. (Such a plant would become a case for a War Liabilities Adjustment Board...
...greatest remaining private art hoard in the U.S. (valued up to $50,000,000), the Widener collection was a plum fit to water directorial mouths in any museum in the world. No private collection has matched its set of 14 Rembrandts, few its Raphael Madonna (one of the few genuine Raphaels in the U.S.), its magnificent Titians and Van Dycks...
...Joseph Early, ailing at 68, announced that it was to go intact to the National Gallery. Catch was that the art-rich National Gallery was short of cash. When the Pennsylvania Legislature last year tried to waive the gift tax, jealous Philadelphians, who wanted the Widener hoard for their own Museum of Art, slapped down that gesture in short order...
...turn what the nation does not want into something that it needs. With 260 million surplus bushels of wheat already in the Government's hands (and many million more unwanted bushels soon to be harvested), the Government planned to sell a fraction (125 million bushels) of its hoard for use as fodder, at 83? a bushel. As fodder, the unneeded grain would be converted into much-needed meat and eggs. More than that, by releasing some of the stored wheat, grain prices would be kept from rising to artificial heights...
Last spring Yale frustration commenced when the government took over a large shipment of canned green beans. Yale, which was apparently attempting to hoard beans, was foiled by Uncle Sam. The beans have doubled in price since the government seized them...