Show RESTORATION RESTORA TION OF 01 SilVER URGED W White ite Metal Holds Key to Commodity Price Economist Economist Economist Econ Econ- Declares I By Br Associated Tr Fuss si WASHINGTON Jan 22 Urging 22 Urging a anew anew anew new world economic trade alignment on a silver basis John Hanne Hanney chairman of the American Society of Practical Economists today to today da day called the presidents president's two billion dollar reconstruction finance corporation corporation corpo corpo- ration just an empty thing that cannot cannot can can- not do any permanent good Hanney was testifying before a group of representatives from silver- silver producing states who are seeking a program for silver rehabilitation He lie told the western members he was not one whit interested in the subject from the standpoint of the silver miner but that he was concerned concerned concerned con con- about the need for restoring the balance of trade between nations Janney said the price of silver was an absolute key to commodity price levels He advocated silver at exactly what it sells for on the market under an international agreement Under this he proposed that a bank be set up to purchase enough silver to stabilize the silver market and use it as a are reserve re re- serve to stabilize trade issuing certificates against it exactly the same as gold certificates |