FIGHT FOE SILVER
T*HE FIRST ROUND FIRED
(Received April 22, 10 a.m.) WASHINGTON, April 21. The Speaker of the Senate (Senator Bainey) said today at a Press conference that tho Administration's proposal to accept a hundred million dollars in silver on war debt payments from, foreign nations would result in, "placing silver on a sixteen' to one basis. 1' Asked whether the Administration's inflation plan would comprise all tho silver legislation to bo enacted this session Senator Kainey said:"No. The move by tho Administration is the opening gun for a fight to place silver on a sixteen to one basis. I think it will come to that. 1'
REPAYMENT IN PAPEE
GERMAN EXPECTATIONS
(Received April 22, 10.15 a.m.) BERLIN, April 21. An official communique declares that Germany expects to be allowed to repay in paper dollars debts contracted in gold, as it is inequitable- that America should demand gold while legislating to reduce the gold value of her own obligations.
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Bibliographic details
Evening Post, Volume CXV, Issue 94, 22 April 1933, Page 11
Word Count
160FIGHT FOE SILVER Evening Post, Volume CXV, Issue 94, 22 April 1933, Page 11
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