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Show WOULD FIX SILVER PRICE AT DOLLAR Bill Being Prepared by Director of Mint for Introduction in Congress. Special to The Tribune. WASHINGTON. April I. A bill is being be-ing prepared by the director of the mint, and wiil be introduced in the senate and house nf representatives within a U.-w days, virtually tixing the price of silver at one dollar an ounce. while t lie bill does not in utiiis Jix t he price of .silver it empowers the pcrtary of the treasury to to into t he run rket a nd buy a va st quantity of silver for coinage ar tiie rai' of one doliar an oune. Tiie ffe t will be to r.x tiie i)rice of nilver ami to encourage en-courage t be development of latent silver mines and low-grade properties. This bill is t he result of n series, of conferences which Director Baker has hud with several senators from the big silver producing Mares. Only when tin-price tin-price is so fi xed. it is agreed a mom,' western sen a tors, will fdlver product ion be stimulated. With tiie ad ministry tinn ba-l of the bill, its early passage ! expected. Mu'h of the silver bon::ht will rer-lae the L''"tO.'in(f,u siKer doliara recently re-cently ordered melted down. |