Salt Lake Telegram | 1934-07-25 | Page 5 | Remonetization Forecast Soon

TION FORECAST SOON Nevada Senator Believes Next Congress Congress' Will Take Action Great stimulation to business industry In and agriculture throughout the he nation will result when silver is fully ully which action is predIcted predicted pre pre- dieted at the next session of congress by Senator Pat McCarran of Nevada Nevada who vho was a visitor here Tuesday He arrived here by airplane to coner con can ter er with Oscar L. L Chapman assistant secretary of the interior who has been conducting a pu puBlic hearing on the Taylor grazing act He left for lor his home u me in Reno by plane Tuesday night Silver must again be made a money of f ultimate redemption as it was before before be- be fore ore 1873 when silver w was s coined on ona ona a 16 to 1 ratio with gold he declared The price o of the metal has gone up consistently with the amount of sit ril- I ver cr purchased by the federal government govern ment under power granted by the last congress Recent silver legislation is isa isa a step in the direction for lor lion tion on he said