Show SILVER GOOD TO PAY WAR DEBTS A. A B. B Young Plan to Adjust Obligations Finds Favor Favorin in East Since his return Monday from Washington and other eastern points following a weeks six visit A. A B. B Young assistant manager o of the International International In Smelting company has been besieged with questions on the outlook for national legislation looking look looking ing to the stabilization of silver I did not find the opposition t ta to toa a discussion of silver in the east nearly as strong as I had expected Mr 1 Young said but I found a gre great deal of ot educational work must be bedone bedone bedone done because the ordinary easterner h has not given any attention to the function silver may be made to perform perform per per- form in reconstruction of or world eco ceo The committee on coinage weights and measures of the house of representatives of which Representative A. A H. H Somers of ot New York is chairman chairman chair chair- man will probably do some very constructive constructive constructive con con- work In connection with devising devising de de- de ways ays and means for putting silver into a position where it can be made to perform the function r re referred referred re- re to Because the so called war debt payment plan involving the acceptance accept ance of silver on war var debts at a fixed price and the offering for sale of silver by the government at the same fixed price does not call for the use of any gold now on hand and docs does not involve per se any expansion or inflation of the United States cur cu- currency rency the war var debt payment plan h Is meeting as far as my observations go with considerable approval in the eastern business sections The American Bank Dank Note company which has an unbroken record of regular dividend payments for or more than 25 years today announced the omi omission lon of payments on the common stock tock The company bad had been paying 50 cents cent quarterly The regular quarterly payment of or 75 cents on the preferred preferred pre pre- eg stock IW was ordered e I Ithe Commercial a Solvents 1 corporation reduced the I dividend basis buls to 60 cents from 1 II by declaring a quarterly disbursement I of 15 IS 1 cents cent n 8 share ahre payable March starch 31 to tostock tostock stock of record March 6 5 |