FISCAL: Silver Safe

With gold worth something over $1,000,000,000 already stocked away in its great new fortress-vault at Fort Knox, Ky. (TIME, Jan. 25), the U. S. Treasury last week announced similar plans for insuring the safety of its silver. Soon the Treasury plans to ask for bids on a building similar to Fort Knox depository, but somewhat larger, that will be built on a four-acre tract near the U. S. Military Academy at West Point, will hold 2,000,000,000 oz. of silver.

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