MONEY BILL IN SENATE
SILVER INFLATIONISM
OPPOSITION VOTES : __■■ ■'■. I
WASHINGTON, January 25,
The -Money Bill was subjected to four "hours' bombardment and constitutional argument in, the Senate today.
Administration leaders impatiently awaited the end of the debate so that they could defeat amendments appended by the Banking Currency Committee, and pass the measure in the form President Boosevelt originally sought.
Senator Borah: announced that he is preparing an. amendment making it mandatory for the. Secretary of the Treasury to issue currency upon the profits from dollar devaluation. Senator, Wheeler introduced a provision for the purchase of a maximum of a billion ounces of silver to establish a 16 to 1 monetary ratio. ~ . : . The President fs spokesman is satisfied that he has sufficient votes to withstand the silver inflationist movement and other amendments the administration deems desirable., .
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19340127.2.56.2
Bibliographic details
Evening Post, Volume CXVII, Issue 23, 27 January 1934, Page 11
Word Count
136MONEY BILL IN SENATE Evening Post, Volume CXVII, Issue 23, 27 January 1934, Page 11
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. 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 Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in