Show RAINEY BACKS FREE COINAGE Proposes of Silver at 20 to 1 I Ratio WASHINGTON Dec 14 14 Speaker Speaker i Rainey at a press conference today declared himself for free coinage of silver and said if President Roosevelt Roosevelt Roosevelt Roose Roose- velt proposed such a step at the coming com corn ing lag session It would go through the house like it was greased I I think the house would favor free tree coinage of silver but the administration administration ad ad- I ministration would have to take the initiative said the house leader Rainey said he did not know how the president felt on the silver ques ques- tion Uon He added however that he felt teU whatever r the administration money policy was it would be upheld by con con- gress gross Rainey said sald the white metal had been used as money from the time Abraham bought a cave for tor of silver and from that time until a few tew years ago silver has been a recognized standard of exchange ex cx- I change in the world There had been a bimetallic currency currency currency cur cur- rency since the time the Greeks used wed weda a metal called electron a combination combination combination tion of gold and silver he contin contin- The Thc gold standard as we knew will never return to the thc world Rainey proposed of or silver at a ratio of about 20 to 1 with goldI gold v vI I would be a method of avoiding inflation he held Half Halt the world is using silver and prefer silver After all aU Bryan Bryom was right I B Br Dr United d Press Presa I SACRAMENTO Cal CaI Dec The 14 14 The politically historic slogan of silver money moncy advocates the 16 to 1 I battle cry of past decodes decades was revived today today today to to- day iu in the articles of incorporation filed tIled by The Friends of ot Silver asso asso- elation Directors of the thc a association were Max Korn Andrew Peters Sadie dAngelo Resi Green and Marlon Marion |