SILVER COUNTRIES
TEXT OF .AGREEMENT
LONDON, July' 23. Tho text of an agreement between delegates of India, China, and Spain, as holders of large stocks or users of silver, and Australia, Canada, . the United States, Mexico, and Peru, as the. principal producers, has Seen circulated. The treaty, which is to be ratified before- April, 1934, is designed to mitigate tho. fluctuating of silver prices, and permits India to sell a- reasonable quantity of its surplus silver, while the other signatories will refrain from soiling during tho currency of the agreement —namely, four years—but aggregately, in proportion to be fixed, they may purchase or withdraw from tho market annually thirty-five million fine ounces of their mino production, beginning in 1934.
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https://paperspast.natlib.govt.nz/newspapers/EP19330725.2.75
Bibliographic details
Evening Post, Volume CXVI, Issue 21, 25 July 1933, Page 9
Word Count
119SILVER COUNTRIES Evening Post, Volume CXVI, Issue 21, 25 July 1933, Page 9
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