U.S.A. CURRENCY BILL
BUILDING UP SILVER RESERVE.
DOUBTFUL FUTURE IN SENATE.
By Telegraph—Press Assn.—Copyright
Washington, April 11.
The Senate Agriculture Committee approved the Wheeler mandatory 16 to 1 Silver Purchase Bill, designed to inflate United States currency and speed the attainment of a metallic currency reserve of one part of silver to three parts of gold. . The Bill, however, faces a doubtful future in the Senate, Democratic leaders expressing confidence that it will not pass, while Senator Wheeler claimed that he has gained votes since the test issue of last session.
In New York foreign bar silver for commercial use moved up to 66 cents an ounce
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Taranaki Daily News, 15 April 1935, Page 5
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107U.S.A. CURRENCY BILL Taranaki Daily News, 15 April 1935, Page 5
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