AMERICA’S CURRENCY
SILVER PURCHASE BILL SIGNED Press Association—By Telegraph—Copyright. WASHINGTON, June 20. The United States Government last night extended its monetary policy to another field with the signing by President Roosevelt of the Pitman Silver Purchase Bill, which directs the buying of metal by the Treasury until it reaches 25 per cent, of the nation’s metallic monetary stock. The time for silver purchases is left entirely in the hands of the President. Domestic silver is to be purchased at a price not to exceed 50 cents an ounce.
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Evening Star, Issue 21752, 21 June 1934, Page 9
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88AMERICA’S CURRENCY Evening Star, Issue 21752, 21 June 1934, Page 9
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