INCREASED CURRENCY
UNITED STATES SILVER MEASURE. £26,800,000 OF NEW MONEY ISSUED. .< By Telegraph—Press Assn.—Copyright Rec. 6.30 p.m. Washington, Oct. 6. The Treasury revealed that in the two months since the Silver Purchase Act t became law approximately 134,000,000 dollars (£26,800,000) of new money has been put into circulation. Some 80,000,000 ’’dollars of silver certificates, backed by the newly acquired metal, has been issued. The remainder represents Federal reserve notes apparently issued to meet currency needs stimulated by the increased retail trade
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Taranaki Daily News, 8 October 1934, Page 5
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81INCREASED CURRENCY Taranaki Daily News, 8 October 1934, Page 5
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