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Show Banker Speaks For U. S. Return To I j Gold Standard I ZI ON CANYON N A T I O N A L PARK, Utah, June IS (IM; The I United States has reached the : point in recovery where a return to the gold standard is inevitable, Dr. A. H. Giannini, charman of the Bank of America executive committee, said in a speech prepared pre-pared for delivery before the Utah j Bankers association, convention here today. He said this country's return to gold would enable other leading lead-ing nations to stabilize their currencies cur-rencies and would remove hesitation hesi-tation and apprehension on the part of business men in the United States. "The four years of currency collapse throughout the world are drawing to a close and currency reconstruction should begin," said Dr. Giannini. "It is safe to say, I believe, that the United States today is in a position to return to a stable currency cur-rency based on gold or our treasury holds in excess of nine billion in actual gold, whereas currency in circulation amounts to five billion." |