Silver plan could stabilize the white metal at world conference
The Western Mineral Survey reports a proposed European and US backed plan to include silver in world monetary reserves and curb coin debasement. If adopted leaders expect silver to stabilize near 60 cents per ounce with 20 percent gold and 5 percent silver backing. Local miners and business leaders hail the prospect as favorable and hope the London conference can advance bimetallism efforts.
MENTIONED IN THIS ARTICLE
United States
London Economic Conference
Congress
Senate
Western Mineral Survey
A Revolution in Policy for Rail Transportation
The Administration pushes to cut railroad costs by eliminating duplicated routes and combining lines while addressing unfair competition from trucks buses and waterways. Government subsidies and partial regulation undermine railroads, threatening the industry and its workers investors farmers and business. A broad policy overhaul is urged to restore balance in the transportation system.
Prices Rise Again Warning Uplift Seen in Building Costs
A New York Times graph shows two consecutive months of rising commodity prices and a policy aim to push prices to a normal level. The piece urges property owners to act now by investing in repairs and improvements, arguing it boosts employment and increases the dollar value of spending.
MENTIONED IN THIS ARTICLE
New York Times
Silver to Be Highlighted in Economic Conferences
The administration plans to feature silver in upcoming economic discussions. Restoring silver prices is seen as essential to global trade and economic stability. Once cheap, silver has reduced purchasing power for billions in population centers worldwide, harming demand for American farm and factory goods.
Local social notes from Los Angeles visitants and visitors
Miss Roberta Morris will spend the summer in Los Angeles. John Killam went to Los Angeles Monday to attend to business matters. Miss Fauline Williams of Greenville is visiting Miss Maxine Kirk. Miss Eben Ford was from Salt Lake City for a few days visit. Mrs. Pearl Rasmussen of Parowan is here visiting at the home of Mrs. Charles Clements and family.
MENTIONED IN THIS ARTICLE
Roberta Morris
Los Angeles
John Killam
Fauline Williams
Greenville
Maxine Kirk
Eben Ford
Salt Lake City
Pearl Rasmussen
Parowan
Charles Clements
Also Mentioned on This Page
THE
Milford News
David S. Williams
Milford
Utah
Ford
Fair & Square Dairy
America
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