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Show j SILVER I THE NEXT STEP. J The presidential proclamation fix-ing fix-ing the price of silver at 64 cents per ounce is, in the view of a number of monetary experts, simply the first important step in bringing the silver problem to a logical conclusion. The 64,2-cent price marks a definite defin-ite advance over recent silver quotations. quota-tions. But during the last few months ' there has been a jump in the value of gold of more than fifty per cent, as part of the government's dollar devaluation policy. The result is that silver, in relation to gold, is actually cheaper than usual. It is the belief of many that the j essential thing is the establishment ' of a definite relation in the values of gold and silver so that when gold goes up or down the value of silver will automatically follow. They believe be-lieve that only in this way enn foreign for-eign trade be really stimulated, and our lost commerce regained. This theory, of course, has its expert ex-pert opponents, precisely as it has its expert advocates. That is an excellent, thing the debate will bring it before the public, and widen our general knowledge of the whole question of money. It is something for every citizen citi-zen to watch. |