U.S.A. DOLLAR
REDUCED PURCHASING POWER. SENATOR BORAH'S PLAN. (U.P.A. by Elec. Tel. Copyright) * WASHINGTON, Jan. 3. Senator Borah is preparing legislation to reduce Die purchasing power of Die United States dollar, it was learned to-day, as increasing Senate sentiment for consideration of the money question was disclosed in the debate on currency. - From the floor of the House, Senator Borah told newspapermen t-hat lie believed that the time had come when the currency question must be considered. If the forthcoming Economic Conference did not deal with the problem the United States must. The American farmer could not receive a fair price for his products with 32 nations off the gold standard, he declared. ; Senator Wheeler (Democrat Montana). said that flie United Slates must either go oil .gold or remonetise silver.
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https://paperspast.natlib.govt.nz/newspapers/GIST19330105.2.51
Bibliographic details
Gisborne Times, Volume LXXIII, Issue 11825, 5 January 1933, Page 5
Word Count
130U.S.A. DOLLAR Gisborne Times, Volume LXXIII, Issue 11825, 5 January 1933, Page 5
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