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There is a story to go with that story. The colonel responsible for the negotiations with the Treasury would later recall: > He explained the procedure for transferring the silver and asked, "How much do you need?" I replied, "6000 tons." > "How many troy ounces is that?" he asked. In fact, I did not know how to convert troy ounces to tons, and neither did he. A little impatient, I responded, "I don't know how many troy ounces we need, but I know I need 6000 tons - that is a definite quantity. What difference does it matter how we express the quantity?" > He replied rather indignantly, "Young man, you may think of silver in tons, but the Treasury will always think of silver in troy ounces." |
6000 metric tons of silver is approximately 192,904,200 troy ounces, and 6000 US tons of silver is approximately 175,000,000 troy ounces.