Word: hoarding
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Dates: during 1940-1949
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...committee had no choice. The U.S. gold hoard, which amounted to a historic $22,737,000,000 at the time of Pearl Harbor, is now down to $20,452,000,000. This might shrink even further if foreign balances in the U.S. of $5.3 billions are converted into gold. Reason for today's lowered total: the U.S. has been paying cash for more than half of its war imports and purchases in foreign lands (most of its vast exports are lend-lease, bring home no U.S. dollars). Thus the gold which poured into...
Thus in the final settling of accounts, U.S. investments abroad may be worth considerably less than foreign investments in the U.S., and the gold hoard in Fort Knox may begin its world travels again...
...butter and canned vegetables were real. But the victory cost heavily in moral prestige. Into the ashcan with the invalidated stamps went much public confidence in OPA. Housewives asked: Can Washington ever again be trusted to deal fairly with those who save? Do the rewards go to housewives who hoard the most food and squander the most stamps? Many a citizen, mindful of what happened to his red and blue stamps, began to look suspiciously at airplane stamps 1, 2 and 3, wondered if they should be spent at once on shoes -which will hereafter be rationed at less than...
...these plants would be operating for at least seven months. In the meantime, WPB planned to take facilities out of civilian production. This would hurt. Much of the fat was gone from the civilian cupboard. For example, the hoard of new passenger cars (530,000 in 1942) was below 15,000. After three years of war, civilians might finally be pinched hard...
...Returning from Paramushiro, the pilot of a twin-engined Navy Ventura bomber found that flak had holed the hydraulic-pressure system; there was not enough fluid left to lower the landing flaps. A machinist's mate used the crew's hoard of orange juice and coffee to refill the hydraulic reservoir. It worked...