U.S. Olympic Committee Short of Funds for Berlin Games
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U.S. Olympic Committee Short of Funds for Berlin Games

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Only $16,000 of the approximately $400,000 necessary to finance the American teams in the Berlin Olympics has thus far been collected, it was announced by Avery Brundage, chairman of the American Olympic Committee.

He admitted he anticipated difficulties on collecting the full amount and told of a plan for setting up an endowment fund for financing future Olympics.

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