Uncle Sam’s Silver Treasures
CONVEYING TO IMPREGNABLE VAULTS United Press Association.—By Electric Telegraph.—Copyright. Received Thursday, 7 p.io. NEW YORK, July G. One of tho greatest transfers of treasure in modern history was begun to-day when motor-trucks started to convey tho United States Treasury’s silver stores to an impregnable vault erocted at the military reserve at West Point. The treasure comprises bars of metal, each, weighing 72 pounds, totalling 70,000 tons, with a market value of 1,378,000,000 dollars and a statutory value of 4,128,000,000 dollars. It will take from six to oight months to carry the treasure from New York to West Point by 25 lorries running five days weekly. The cost of tho transfer will be in excess of 100,000 dollars. Coastguards with machine-guns are conveying the trucks to the storehouse, which is elaborately safeguarded by radio control and military patrols and is considled impregnable-
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Manawatu Times, Volume 63, Issue 159, 8 July 1938, Page 5
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145Uncle Sam’s Silver Treasures Manawatu Times, Volume 63, Issue 159, 8 July 1938, Page 5
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