Foreign News: Loot

If Adolf Hitler seized Czecho-Slovakia because he thought the country's riches would pull him out of an economic hole, he is very likely to find himself as mistaken as when he took Austria and the Sudetenland. They have both proved to be liabilities.

On paper, however, the booty looks impressive: 1) about $80,000,000 in gold in the Czecho-Slovak National Bank; 2) about $200,000,000 in foreign exchange and foreign assets held abroad by individuals and corporations; 3) an agricultural surplus in Moravia and Bohemia sufficient to feed the Sudetenland, and in Slovakia sufficient to feed...

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