Hello everyone,
when we say World War 2, most people, including probably most of us, imagine the classic stuff: the horrors of war, tanks rolling in, planes flying overhead, concentration camps and all the other awful stuff that happened. Few people are however interested in another part of the war – economics. Wartime economics are a complicated topic, that would fill several book volumes (it does in fact), so today, I’d like to write about one certain aspect of the war – the price of the Czechoslovak resistance in gold.
After the Munich betrayal, many politicians (including president Beneš) foresaw the need to assemble sufficient resources to finance the exile movement in case Czechoslovakia was ever occupied (despite the “guarantees” of the British and the French, only very few people trusted their word – after all, once a betrayer, always a betrayer). Surely enough, the worst happened and Czechoslovakia got occupied by nazi armies in March 1939, forcing many officers and representatives to leave Czechoslovakia to seek exile in other countries. Thus, as predicted, the need to finance the entire exile movement arose.
In the first phase, the exile (not yet an official army) was supported by the finances of the Czechoslovak offices (embassies) abroad, that did not accept the destruction of Czechoslovakia and represented its unbroken continuity until the war was over. Especially the ambassador in Britain (J.Masaryk, son of the legendary president T.G.Masaryk) and in France (Š.Osuský) recieved during 1938 large sums of money for “special purposes”. The president in exile, E.Beneš, also donated his professor’s salary and the money he recieved for giving lectures. Third large source early on was the money, collected by Czechoslovaks living in the USA.
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