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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
May 09, 1934
Page
3
The Rev Roy L Smith urges giving others the benefit of the doubt and explains motives before judgment. An adjacent ad promotes Butter Krisp bread at 9c a loaf from Idea Bakery 607 West 2nd with a no tax claim and a call to try it.
Mickey Walker, the elder, outboxed Maxie Rosenbloom for a ten round decision in Los Angeles. Walker built a first half lead with repeated lefts and rights, bloodied Rosenbloom’s eye in round five, and traded rounds as the New York champion pressed late. AP had Walker ahead six rounds to three.
The discussion centers on a 25 percent monetary reserve of silver for coinage. Critics argue the reserve should be based on value at $1.29 an ounce, implying a need for up to 1.3 billion additional ounces. Supporters worry book value and future price moves could alter required holdings. International implications and gold backing of world currency are noted as nebulous factors.
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