Show Treasury Senate-Treasury Accord Near 1 On Silver Use in Industry I WASHINGTON April 29 UP An An agreement is c t e d Thursday y b between tween the treasury and the senate silver bloc to allow al all al- al l low w treasury s silver er t be used in the production o of munitions The government nt has tons of silver lver held for m monetary use by the treasury Pres Present nt legislation leg leg- stipulates that silver er shall b be regarded as a a- a monetary unit n not t. t as a commodity the expected co compromise pr mise the tr treasury will be authorized t upon p n the the recommend recommendation tion of the chairman a 1 of the war war ar production board to sell sll or lease silver to toa a any any y p private v t group 0 or gov government n ent fo for making munitions o of war waX and supplying es essential l civilian F needs eds The The price a at t- t which the treasury tr s ry will sell sel this huge stock of pf silver will be cents an o ounce 1 the current domestic price The silver bloc senators with the exception n of Senator Pat McCarran Mc- Mc C Carran D. D Nev ev expressed ed themselves in favor of using treasury y silver for or the war effort Although favoring such use of silver as stipulated l ted in ina a a bill by S Senator ator Theodore F F. Green D. D R R. R I. I the silver senators have I been opposed oppose 1 to another provision of the Green bill that treasury silver should be sold for 50 cents per fine troy ounce ounce On this score the treasury is expected to make a concession and sell silver for cents the current domestic price |