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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Sep 03, 1964
Page
2
The piece explains how low-value coins vanish from circulation under Gresham's law as silver dollars drop out and Kennedy half-dollars rise in hoarding driven by coin collectors. It notes mint output and the surge of uncirculated coins, with prices paid by dealers and by the public for certain issues. It ends with a brief riff on redeemable paper currency and a dessert instruction.
The article outlines the 1934 Gold Reserve Act and the Silver Purchase Act, noting how gold outflow and statutory changes spurred the melt of gold coinage and devaluation of the dollar. It details the penalties and prices for rare predevaluation coins and explains the end of surplus silver sales by 1961 as silver certificates remained backed by dwindling reserves. The piece traces the shift from gold to fiat backing and the looming retirement of silver certificates.
Walt Disney delivers a lively live-action fantasy in Mary Poppins featuring Julie Andrews as Miss Poppins and Dick Van Dyke as a charming chimney sweep. The English family tale set in 1910 mixes magic with a practical bank clerk father and two children. Andrews is hailed as an instant star and Van Dyke shows versatility and top dancing in the memorable Chim Chim Cher-ee. A separate item notes Billings repeals a 14-month old ordinance regulating goods from Communist countries, calling the licensing law unconstitutional and void of punishment for violators.
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