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Show QUESTION ON SILVER SALE CLEARED UP WASHINGTON, Jan. 17 (U.R) The treasury today issued is-sued regulations to eliminate difficulties of physical delivery deliv-ery of domestic silver to U. S. mints by July 1 date of expiration ex-piration of the fixed price for ore mined in this country. In proclaiming continuation of the price of 64.64 cents an ounce last Dec. 31, President Roosevelt said that price would be paid only for domestic silver delivered to mints by expiration of the order on July 1. The treasury order, however, said the silver mined prior to that date may be delivered for the 64.94 quotation after July 1. Such transactions, . the treasury said, must be handled through certificates certifi-cates transferring title of the metal met-al to the federal government and detailed proof that the silver was mined prior to June 30. Treasury officials explained the regulations were issued to clarify a misapprehension that the 64.64 cents quotation would apply only to silver actually delivered prior to July 1. WASHINGTON, Jan. 17 (U.R) Sen. John G. Townsend, Jr., R., Del., today introduced a bill for the sale of silver now held by the treasury and the immediate cancellation can-cellation of all administration powers to acquire silver or to issue is-sue further silver certificates. Townsend said his bill would revoke re-voke the presidents power to revalue re-value silver and H'is aimed at removing re-moving certain important inflationary infla-tionary powers granted by congress con-gress to the executive during the period of emergency legislation." The bill gives the secretary of the treasury ' the power to sell over 1,700,000,000 ounces of silver sil-ver "at such prices as he deems in the best interests of the United States." i |