Word: hoarding
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Dates: during 1940-1949
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First international reactions were anything but reassuring. U.S. Congressmen fumed because their first information came from London, talked darkly of a coming currency battle over control of America's $22 billions gold hoard. Lost in the initial outburst of opinion was the fact that the White plan and the Keynes plan were in 100% agreement on the need for stable exchange rates. Both called for unfettered world trade, for international fiscal cooperation. The plans differed mainly in the technical means for attaining these objectives and basically in that each was an international projection of a plan that first protected...
Last week he had an additional worry: his reed supply. The cane from which oboe reeds are made grows only in the glens around the town of Fréjus in southern France. Until the defeat of Hitler, Tabuteau's career rests on a dwindling hoard of a few hundred twigs of cane kept on a Philadelphia shelf...
Besides the 10? or more a day they received as prisoners, they got $8 or more a week for their services to the local county agricultural committees. To the Italian lads, the money mounting up for them was a hoard, well worth keeping safe...
...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...
...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...