Salt Lake Tribune | 1917-11-23 | Page 4 | Want U. S. to Gather in all its Silver

WANT U. S. TO GATHER IN ALL ITS SILVER Idea as Announced in House of Commons Com-mons Is to Pay for Indian Produce Prod-uce in America. LONPOX. Xov. 22. Discussions arc in progress with the United States government gov-ernment with the object of the acquisition acquisi-tion by it of the silver produced in the United States, a portion of which would be placed at the disposal of the government govern-ment of India, largely to pay for Indian produce required in America, it was no-nounced no-nounced in the bouse of commons today. to-day. The announcement was made by Stanley Baldwin, financial secretary to the treasury, iu reply to a questibn. PARTS. Xov. 22. The government has decided to demonetize certain types of silver corns, says the Matin, to put a stop to the hoarding which is paralyzing paralyz-ing trade. As an example of this hoarding hoard-ing tendency, the instance is cited of j lo?000,000 nickel coins struck off by ! the- mint to replace the copper sous j which were gradually disappearing from circulation, all of the new coins vanishing van-ishing virtually as soon as issued.