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Man Turns In Gold To Help Country
MINNEAPOLIS AP The Federal Reserve Bank here last week exchanged currency for gold coin for the first time since 1934 Clarence W Groth vice president said an elderly well dressed man made two trips to turn in 20 gold pieces with a redemption value of several thousand dollars The man was concerned about the outflow of United States gold and believed it his duty to aid the government in meeting demands The United States has as much electric power generating capacity as the next five countries combined The Soviet Union United Kingdom Japan West Germany and Canada
MENTIONED IN THIS ARTICLE
Minneapolis
Federal Reserve Bank
Clarence W. Groth
Groth
United States
Soviet Union
United Kingdom
Japan
West Germany
Canada