Salt Lake Telegram | 1934-12-28 | Page 10 | Return to Gold Standard Urged

RETURN TO GOLD STANDARD URGED UR ED EDE E Economists Warn Against Inflation Shoals CHICAGO Dec 28 P Thc iV-Thc The nation i was advised today by a group of ot its leading economists to return immediately immedi immedi- to the gold standard Warning against what they described described described de de- de- de scribed as the shoals of inflation a course nearer center in its fiduciary policies was advised b by economists gathered for the annual meeting of the American Economic association in a report made public last night The recommendations made in answer answer answer an an- to a questionnaire submitted by bythe bythe bythe the associations association's committee on monetary monetary mone mone- tary policy in totality urged a middle course away from inflation away from the use of silver as part of the monetary base basc and away from Irom the theof idea of a central bank for the United States