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Show Facts About Silver and Gold wChs. N. Crewdson and Burke Mo Arthur, Publisher The Pyramid r ..practices of the onscrupu- "There must be provision chaffers stand for an adequate but sound SlctTd taMthe court of pub- currency." lie opinion-" FRANKLIN D. ROOSEVELT, jNKLIN D. ROOSEVELT, ln his inaugural address. gffjn.,,eural address. 1 J fnoWinc FACTS are taken from the 1933 World Almanac: 1 Pages 402-404 FACT 1 Production of Gold and Silver in the WORLD, 1870 to 1931' Sityer in fine ounces 8,456,063,701 Gold in fine ounces : 727,198,976 Only 11 .4-7 ounces of Silver produced during thi3 eriod to 1 ounce of Gold. Let U. S. coin Silver at ratio of 16 to 1; Europe, 154 to 1, There is no danger of a "FLOOD" of Silver; the world cannot produce enough silver. Aucient Greece ratio of value, Gold 1 and Silver 5- . 70 per cent of of silver produced is a bi-product of copter cop-ter lead and zinc mining. These are USEFUL metals. Over 20,000 men at $4.00 per day are now out of work in copper, lead and zinc mines and smelters of Montana and Idaho alone. The wages of these men would, if they were d work make a BUYING POWER in the U. S. of more Bun $29,000,000 per year. Bead what John Hays Hammond, world famous mining engineer,, aw elsewhere in this paper. ' FACT 2 Production of Gold and Silver in WORLD. 1915 to 1930:. Gold in fine ounces 296,000,000 Silver in fine ounces , 3,456,000,000 Only 11 2-3 ounces of Silver produced from 1915 to 1930 to 1 ounce of Gold. FACT 3 Gold and Silver used in U. S. in manufactures and arts 1915 to 1930: Gold in fine ounces . 42,000,000 Silver in fine ounces 426,000,000 Hote- All Gold and Silver is NOT used for money. FACT 4 Gold Holdings of the WORLD in 1931: U- S. A $4,051,473,000 England 587,622,000 France 2,699,431,000 - -.- Germany - 234,378,000 Argentine 252,698,000 Japan 234,071,000 Spain 433,624,000 Italy 295,945,000 Russia 328,284,000 Belgium 354,416,000 Netherlands " 356,668,000 Switzerland , 452,950,000 All other countries 948,154,000 Total 5.io,oo,uao,uuu The U. S. has nearly one-third of the Gold in the world and is the biggest Gold ' hoarder' ' in the world. OTHER countries must have money to buy from U. S. "ALL GOLD produced since Columbus discovered A-merica A-merica would make only a cube 40 x 40 x 40 f ee J -. , , All other countries must have more BASIC MONxii to buy with and build CREDIT on. President Roosevelt tried to get together all nanuons at the London Conference in July, 1933 on the money ' question; but the ' Gold Bloc' ' led by France stood onto on-to the Gold Standard . .Why? France had more than ten times as much Gold as Germany whom she hates, ana more tihan four times as much Gold as England, she does not like. The U. S. A. can and sh ould ' go it alone on trie. : Money question. Other nations then must fall in line, h ' Pay foreign countries Silver for their goods. Then accept our Silver from them to pay for our goods- im. win keep Gold in U. S.-if it is BUSINESS to do so - Bank Deposits in 1933 in U. S. are $44,000,000 000. , ft every one demanded money from banks at the same.. toe in U. S., there's not enough Gold in the WORLU xo Ply bank depositars over 35c on the dollar. : . There is not enough Gold in U. S. to pay depositors - Wc on the dollar. ' ' ' u There is not enough BASIC MONEY in the world to 4" the business of the world. , .A An There is not enough BASIC MONEY in tne u. - foe business of the U. S. " FACT 5 Coinage of Gold and Silver of mints of the orld from 1 390 to.i931- Gold Value Silver Value e 1390 to 1903 : : $4,091,227,372 - WW 3 1904 to 1917 , 4,343,737,919 2'322'Sf or? 1913 to 1931 2,265,392,541 W'fL to Note: LESS MONEY COINED in world from m than from 1890- to 1917. ,niQrtiq51 Cause of Depression CUMULATED from 1918 to ia.u. Depression CULMINATED 1930 to I933- ctlVER above argues for coining more SOUND SJ oneyNow l . ,ces of products, the basis of prosperity, are . ( J then coining more money will NOT keep pr f Products low; it will RAISE them-and this u what need- FACT 6 . The Gold Standard BROKE DOWN 3 times in' the past 40 years 1893, 1907, and 1929-1933. 1 90 per cent of our business is witin our borders. FACT 7 Stock of Gold and Silver in U. S. in 1932: Gold $3,918,108,777 Silver Dollars $539,958,135 Silver 50c, 25c, 10c 304,828,375 Total Silver $844,786,510 Excess of Gold over Silver $3,073,422,267 WHAT TO DO: U. S., regardless of the world, buy, (if they can get it) 3,073,422,267 ounces of SILVER. Issue $3,073,000,000 SILVER CERTIFICATES based on SILVER BULLION in or to be bought and put in U- S. Treasury. This, so we will have something SOLID, (and recognized throughout the WORLD for ages) behind the money we issue. This will make "an adequate but sound currency-" When we coin Silver let the ratio be the NATURAL PRODUCTION Ratio of 12 to 1. This RATIO is just-whether just-whether or not the content of gold is reduced -even : as much as 50 per cent. The quicker we quit trying to "juggle'.' the price of gold by buying and selling it and BUY. and remonetize SILVER the better; the quicker the money question is SETTLED the better. Then we will all know where we stand and all countries of the world will know where the U. S. A. stands. Then they can adjust themselves to what we do here in the U. S. A- We are not a 22. caliber country. coun-try. And we have a President who has BRAIN, HEART, and SAND!!'. uave one dollar in lioia equal to one dollar in silver in the U. S. A. - Other countries will do the same. Most of the Silver of the world is produced in the U- S. A., Mexico, and in South America. Remonetizing Silver will increase our business with Mexico and South America; Ameri-ca; it will also increase our trade in the Orient, China and India; where SILVER is their chief money. U. S. needs: 1st, More "Sound" money; 2nd, A SAFE nlace tc put it, which nothing but a U. S. GUARANTEE CAN MAKE. (This will begin January 1, 1934.) ; 3rd, Money CIRCULATING; 4th, To restore farm product prices quick for the 1933 crop; 5th, This will make "Farm Relief;" . 6th,, This will give JOBS to idle men; 7th, This will END the "Depression." England and many nations are off the "Gold Standard" Stand-ard" and have economic trouble just as we have-It's have-It's time to quit worshipping the "Golden Calf" and to again say to the Money Changers, condemned by President Presi-dent Franklin D. Roosevelt in 1933. as they .were by William J. Bryan in 1896:" "Thou shalt not press down upon the brow of Labor this crown of thorns; thou shalt not crucify MANkind upon a Cross of Gold!" Couple tho above ideas about Silver with a U. S. Government Gov-ernment Bank Deposit Guarantee Law (so that the people, peo-ple, will not only have MORE MONEY to use, but also a SAFE PLACE to put it) and couple it with a law to muzzle and dismember Chain-Branch Banks (so that no one bank can own control of a bank outside of the county Or City Ot -Mo pitlciu uaua.; auu ujuc o-h-jlh voiuu m end. NOHTING ELSE will do the job. Prosperity will begin. We now have (thanks to President Roosevelt, Postmaster Post-master General James A. Farley, Senator Duncan U. Fletcher, and Representative Henry B- Steagall, chair men of the .Senate and House Banking and Currency Committees, and their colleagues) a Guarantee of Bank Deposits Law. Let us have one dollar of SILVER to one of GOLD, ($3,073,000,000 MORE SILVER) and have it NOW!! Then "Hard Times" will pack up his troubles in his old kit bag and we will all smile, Smile, SMILE! Trvit!'; ' |