Word: hoards
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Dates: during 1940-1949
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...expects to keep an eye on materials through a check on inventories, thus nip any hoarding. Actually, there may be little reason to hoard. Last week, steelmen told WPB: war-expanded steel plants are now big enough to supply all the steel needed for the Japanese war and still have left more than the whole civilian economy used before Pearl Harbor...
European property rights, deliberately scrambled by Nazi looters, will keep courts and lawyers busy for years after the war. The U.S. Government got a relatively simple taste of the problem last week when it tried to figure out what to do with a hoard of gold, foreign currency and art treasures captured by General Patton's Third Army in a German salt mine (TIME, April...
Eisenhower, Bradley and Patton had put in a busy day. They had inspected the horrid concentration camp at Ohrdruf, visited the salt mine with its hoard of gold and art, traveled several hundred miles by plane and jeep. When they returned to General Patton's headquarters they were tired-and a little sick from the things they had seen at Ohrdruf. They dined, then sat in a big, sparsely furnished room, talking against the steady roar of supply trucks passing outside. Around midnight they went to bed. Eisenhower and Bradley took two bedrooms upstairs. Patton's heavy boots...
...week of the war -when the Jap Cabinet fell, the Russians denounced their neutrality pact with the Japanese, the remnants of the Jap fleet were almost put out of business; when U.S. spearheads cut to within 128 miles of Berlin, and General Patton stumbled on the fabulous Nazi gold hoard-Eisenhower's letter had a sobering effect...
...currency in circulation has tripled since 1940 to an alltime high of $26 billions: so that, in spite of still having a large gold hoard, gold reserves against Federal Reserve notes and deposits have dropped from 91% to 49%, are expected to hit 40% by year...