Fort Knox

 

Federal gold depository originally established in 1917 during World War I as an army base.

The U.S. Army base called Fort Knox lies 31 miles southwest of Louisville, Kentucky. Although the army’s armored force calls this base home, the American public recognizes Fort Knox as the site of the U.S. Bullion Depository. The U.S. Mint, which is part of the Treasury Department, operates the facility, which was completed in December 1936 during the Great Depression. Construction cost the federal government more than $560,000. Materials used included 670 tons of

This interpretation severely limited the ability of the federal government to pursue antimonopoly actions against corporations in the early twentieth century Since the early twentieth century, the federal government has not been able to discriminate against citizens or entities (corporations).

Next post:

Previous post: