Show PUBLISHER HITS BITS GOLD STANDARD ANDARD CHICAGO 23 Europe A J Europe offers concrete convincing proof th that hat t the the old ld gold standard doesn't work vork and is the cause of ot deflation and depression Frank E. E Gannett publisher said in an address prepared prepared pre pre- pared ared for delivery before the thc AmerIcan Amer- Amer Ican can Mining Congress today Some who still suffer from the money Illusion may try to argue that hat the old fixed price gold standard standard standard stand stand- ard Is what this country needs he le said Some are arc advocating that the ho United States adhere to 10 the g gold ld standard with this change that change that we make the price e of ot gold 35 35 instead of ot the old price of 2067 Could anything be more absurd It t was this fixing the price of f one commodity gold commodity which gold gold which caused the depression Fixing it even at a different dif- dif ferent erent price puts us in danger again of everything that happened when It t was fixed at at its its- former price Gannett said hc lie had advocated w with th many others other J that we should have lave a n. monetary authority of the highest integrity corresponding to he the United States supreme court and that congress should set up the guideposts for changing the gold co content of the dollar America cannot in itt my opinion stand land another depression such as we have lave experienced One more such blow and all the institutions of our democracy may perish |