PRICE OF SILVER
EXPORT AND SALES AGREEMENT U.S. PRODUCERS AND INDIA. New York, Dec. 5. A message from Spokane, Washington, states that Mr Silas H. Strawn, president of the United States Chamber of Commerce, to-day announced plans for an export and sales agreement between the United States silver producers and the Government of India to increase the price of silver. Mr Strawn told the Western Division convention of the United States Chamber that the plans, which were worked out by the experts’ committee of the International Chamber of Commerce, would be submitted to the International Chamber Council when it meets in Paris on March 1. He intimated that he expected favourable action at Paris with the agreement by the United States silver men and the Government of India. Senator Pittman has wired the president of the Silver Association of the United States at Spokane to-day that the agreement between the silver producers and India for stabilising the prices of silver is impossible of accomplishment. Stabilisation can only be achieved through an international agreement to stop debasing metal or melting up circulating silver coin.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HBTRIB19311207.2.87
Bibliographic details
Hawke's Bay Tribune, Volume XXI, Issue 303, 7 December 1931, Page 8
Word Count
183PRICE OF SILVER Hawke's Bay Tribune, Volume XXI, Issue 303, 7 December 1931, Page 8
Using This Item
NZME is the copyright owner for the Hawke's Bay Tribune. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in