THE CABINET: Precious Parcels

At some early, secret date, with 152 soldiers aboard and thousands more strung along the route, the first of some 50 armored special trains will begin moving 192,000,000 oz. of government gold worth $6,000,000,000 from New York, Philadelphia and other vaults to the great new fortress-vault at Fort Knox, Ky. Ordinary railroad charge for such a haul would be some $200,000. Last week it was revealed that the Treasury would take advantage of government mail contracts, send its gold by registered parcel post. At the standard rate of 10¢ per oz., the...

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