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Newspaper
Chanute Tribune
Location
Chanute, Kansas, United States of America
Date
Jan 18, 1961
Page
7
Americans have largely avoided gold since 1934 yet some own gold abroad through banks and brokers in Canada Europe and Switzerland. Reasons include currency crises storage costs and potential price gains while U S authorities limit domestic ownership.
Reports warn steady gold outflow over three years could weaken the dollar and spur a higher official price. Treasury officials and many bankers deny danger or need for devaluation. The issue coincides with uncertain Congress spending and possible deficits. Local notes mention Mercy Hospital Parsons, Red Cross drives, and community events in Erie and nearby towns.
Humboldt chapter No. 170 will host the district meeting with a school of instruction on February 9 at Masonic hall. Mrs. Kathleen Carlson presided as worthy matron and Lloyd Hengan as worthy patron. The program includes a 2 pm school of instruction and an 8 pm visit by Mrs. Pearl Baumgartner. Rotary reports, installations, and district updates followed, with Harold Williams presiding.
Humboldt high school vocal groups plan tentative trips to see La Bohème in Lawrence on February 17, brought by the Boston Opera company for one day. They may also attend Carmen in Pittsburgh on February 25 if possible.
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