Word: hoarding
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Dates: during 1920-1929
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...heavy. Beneath a load of warm manure nestled 110 pounds of golden 20-franc pieces done up in sacks. Arrived at the Bank of France the peasant, Jacques Brosson, winnowed out his sacks of gold, exchanged them for 730,000 paper francs, hired a taxi, returned home to hoard paper which he believed would soon appreciate...
...simply as food and drink?as Woman. In New Orleans, an exquisitely voluptuous Creole girl, schooled in Paris, takes him?great-bodied, red-bronze of complexion?to herself as Man. They part, still lovers, and the episode is invested with the same universality that spreads over a vast hoard of experiences and impressions he gains traveling the broad Mississippi basin by canal, river and Great Lakes, by farmlands, mountains and new cities, back to Brooklyn, to lean on the front fence sucking a twig, to decide to quit picayune political hacking and try working with his big hands...
...lack of banking accommodations has acted as a brake upon overdevelopment of business activity. While frequently painful in application, this brake nevertheless was fundamentally salutary. Now the brake has apparently been removed, except in so far as the Reserve System can enforce such a policy irrespective of the gold hoard in its vaults...
Thus far, only an infinitesimal part of America's huge gold hoard has been drawn abroad. It is by no means certain that the movement will long continue ; even if it should, it would take a long time to drain away the huge gold surplus now in the country...
...canceled. Lawyer Frank J. Hogan, for the Doheny interests, who said he would show that no thought of profiteering lurked in the minds of Messrs. Fall and Doheny, but only a desire on Mr. Fall's part to protect the U. S. by securing to the Navy a hoard of fuel oil at Pearl Harbor, Hawaii, as planned by far-sighted Navy officials. Lawyer Hogan said he would show further that Mr. Fall had played a "purely formal and perfunctory part" in carrying out these plans, which called for leasing Elk Hills to Doheny on condition that Doheny build...