With the exception of a brief tour granted to FDR in 1943 and a similar junket in August of 2017 to dispel the same rumours that the vaults had been emptied out, no members of the public had been admitted to the national gold bullion depository until when on this day in 1974 a contingent of journalists and a dozen congressional representatives were guided inspection by members of the American Mint (director Mary Brooks pictured) and the Treasury Department.
Requests to visit Ft Knox are summarily turned down but pressure by the House to conduct an independent audit of US gold reserves in response to the publication of a book, Conspiracy Against the Dollar: The Spirit of the New Imperialism by Peter David Beter, that attacked international monetary reform and cited the usual culprits, global elites, Bolsheviks, the Rockefeller-cartel, Soviet space lasers, important public figures were dead and had been replaced with “robotoids”—and most resoundingly with the public, that most of America’s gold had been trucked away and sold at depressed costs to European speculators—all claims without evidence or merit. Beter’s AM radio show gave him a platform to continue his allegations, making the military installation’s standing policy suspicious and proof that they had something to hide. The delegation was delighted with the tour and mostly cleared up the false speculation—largely imputed to America’s leaving the gold standard three years prior when the reality was that movement of gold had effectively halted (US silver bullion is stored at the military academy of West Point) and most gold is still in New York City—that is, until the rumours started circulating again and Kentucky senator Mitch McConnell visited with treasury secretary Steven Mnuchin, proclaiming the nation’s stockpile to be secure.
synchronoptica
one year ago: David Bowie’s Heroes (with synchronoptica), robinsonades plus urban wildlife photography
seven years ago: shibboleths
eight years ago: smart carts for airport security, windpipes plus point-of-sales machines
nine years ago: algae-based membranes as liquid containers
eleven years ago: a census of house plants