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Show o SILVER REVIVAL One of the problems confronting the World Economic Conference, Con-ference, on which there seems to be a good chance of reaching agreement, is silver. Every important nation has felt the baleful effects of abnormally ab-normally low silver prices. It has seen foreign trade shrink and come close to passing away entirely. It has observed the collapse of the purchasing power of half the world's people, who use silver as their money-metal. And it has discovered that gold is incapable incap-able of carrying alone the volume of world commerce. iThere is not enough of it and a heavy share of what exists is held tightly tight-ly by two countries. Stabilizing silver is not necessarily bi-metallism of the old lG-to-1 brand. It means that the governments of the world will reach an agreement for keeping the price of silver at a more or less fixed ratio to the price of gold, whether that relation is 16-to-l or 100-to-l. It is a proposal in the interest of world economic ec-onomic stability. Here in the United States, there is another phase to it: If the mining industry is given a new lease on life through silver resusicitation, thousands of men will be put to work and millions of dollars will find their way into the channels of industry. |