Britain's wartime gold
Witness History
BBC
4.5 • 1.6K Ratings
🗓️ 6 July 2021
⏱️ 10 minutes
🧾️ Download transcript
Summary
When Britain went to war with Germany in 1939 it had to find somewhere to keep its money. Because of the risk of invasion, a decision was made to send the country's gold reserves to Canada. Vincent Dowd reports on what became known as 'Operation Fish'.
Photo: Gold ingots. Credit: Science photo library
Transcript
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| 0:00.0 | Choosing what to watch night after night the flicking through the endless |
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| 0:19.0 | Lovely. Off the telly with me Joanna Paige. |
| 0:21.0 | And me, Natalie Cassidy, so your evenings can be a little less |
| 0:24.9 | searching and a lot more auction listen on BBC sounds. |
| 0:29.2 | You're listening to the Witness History Podcast from the BBC World Service. |
| 0:38.6 | I'm Vincent Dowd. |
| 0:40.3 | When Britain went to war in 1939, the military challenges were massive. |
| 0:46.0 | The country lagged behind Germany in warships, aircraft and much else. |
| 0:51.0 | Yet had the Germans mounted an invasion, Britain would have lost the economic |
| 0:55.9 | means to fight on almost at once. The nation's financial reserves, in the form of gold bars bars were highly vulnerable at the Bank of |
| 1:04.9 | England in London. That gold needed to go somewhere far away. |
| 1:09.8 | In the broad expanse of mid-Atlantic, units of the British Navy guard the ocean that is the most vital battle zone of the war. |
| 1:17.0 | In the Grim's struggle to maintain our supplies of food and weapons. |
| 1:20.0 | In World War II, the Atlantic Lifeline was vital to Britain. Ships from North America brought |
| 1:26.0 | food, goods and weapons large and small. |
| 1:32.1 | With the US still neutral there was also a top-secret traffic from Britain to |
| 1:37.6 | Canada. In July 1940 in the House of Commons in London, those arrangements were hinted at. |
| 1:44.7 | Britain's Chancellor of the Exchequer, Sir Kingsley Wood, |
... |
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