It was originally intended to be an internal common archive library for GNU fileutils, GNU textutils and GNU sh-utils along with some other miscellaneous utilities.
The library name came from combining all three packages FilEutils TextutIls SH-util to spell the word, fetish.
This internal archive library was renamed libcoreutils.a on Monday, April 18, 2005 
You can find the old packages from the GNU Alpha archive 
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