AMERICA’S GOLD
NEW STORAGE ARRANGEMENTS Press Association—By Telegraph—Copyright WASHINGTON, dune 29. The Associated Press learns that the Treasury has issued secret orders for the rush construction of subterranean vaults at Fort Knox, a military post near Louisville, Kentucky, which will be used to house most of the Government’s gold which is now deposited in the Federal Reserve Banks in Neiv York and Philadelphia. The latest decision to move gold from eastern centres to a point west of the Appalachian Mountains makes it appear that the Government has a definite programme for keeping the nation’s huge gold reserves at isolated inland points.
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Bibliographic details
Evening Star, Issue 22069, 1 July 1935, Page 9
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101AMERICA’S GOLD Evening Star, Issue 22069, 1 July 1935, Page 9
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