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Show Facts about the Silver Question By Charles N. Crewdson p "Practices of the unscrupu- "There must be provision lous money changers stand for an adequate but indicted In the court of pub- currency." UC SSn D. Roosevelt. D. RooseveU, , Js inaugural address- in h,s inaugural addres. The following authentic facts (and complete tables re. o- rdin- gold and silver) can be found in the 1933 World Imc and Book of Facts, pages 402 and 404. " FACT I rod on of gold and silver in the world since 1870 jj":9j1 ounces gold, 727,198,976; ounces silver 8,456,. J3.701. , , . . Only 11 4-7 ounces of silver produced during this pe. tied to 1 ounce of gold. ;na-e ratio of silver to gold m U. S. A. 16 to 1. danger of a "Flood of Silver." FACT 2 vnouiit of gold and silver in U. S. A. at end of 1932: i.Jd $,-.918,108,777 Subsiding Silver (Half dollars, quarters, dimes) $304,828,375 Silver Dollars $539,958,135 ' Total Silver $84477861510 -o-d in excess of silver $3,073,322,267. FACT 3 r- :f gold and silver in world from 1890 to 1931. : . oo!,03 Gold $4,091,227,372 Silver $2,196,748,137 :a 97 Gold $4,343,737,919 Silver $2,300,416,473 .; ... Gold $2,265,392,541 Silver $1,970,993,261 Total ,;. t- iW. Gold $10,699,357,832 Silver $6,468,157,871 ;;'vlo drcrasT in coinage 1918 to 1931. During this vr-:- 0VT 129-'.'233 panic was conceived. FACT 4 Total geld and silver used in U. S. in manufacturing and the arts from 1915 to 1930: Value in Gold Dollars Silver in Fine Ounces $1,730,967,244 1,047,947,998 All gold and silver mined is not COINED. NOT ENOUGH MONEY We have net got ENOUGH BASIC MONEY in the world to do the business of the world. We have not got ENOUGH BASIC MONEY in the U. S. A. to do the busi-ness busi-ness of the U. S. A. ITiere have been three PANICS and "Depressions" in the past 40 years in 1893-1894-1895; in 1907-1908- and in 1930, 1931, 1932, 1933. WHAT TO DO NOW The United States could buy 3,073,322,267 ounces of silver. Pay fcr this in "coined" silver money. Coin $1,. 000,000,000. Print silver certificates $2,073,322,267, Note the Big Profit to be made by our Government. Make our silver legal tender; it will ALWAYS be worth as much or more than it will now COST. Silver will be "Sound Money." If it. can be produced (which is doubtful) always have in U. S. A. one dollar of silver for one dollar of gold-no gold-no more. FOREIGN TRADE Buy foreign goods with our silver money. If they don't want our silver let them keep their goods. They will take our silver because they can use it to buy goods from us. PAY BONUS Pay Soldiers' Bonus with $2,300,000,000 in SILVEE money AT ONCE. This will get money in circulation. This will also save the U. S. over $1,000,000,000 as silver can now be bought for 35c to 50c per ounce. But it will be worth $1.00 per ounce when stamped This is not "INflation;" it is "REflation " This will be better than Bankers' "Scrip." England and many nations are off the "Gold Stand-wa Stand-wa ave econoniic double just as we have. HAVE that "World Conference" for Bimetallism which we ve been talking about since Mr. Bryan's time m 1896. J It's time to quit worshipping the "Golden Calf" and ro again say to the Money Changers, condemned by Pre- Wm ilTf - Roosevelt 1933 as they were bj William J. Bryan in 1896,: thiTl haJVn0t press down uPn the brow of Labor anon Ir? ' T?' thou not cify MANMnd upon a Cross of Gold!!" KrT6 ideas about silver with a U. S. Gov-vl Gov-vl It? ?TSlt Guarante Law (so that the peo-a peo-a sIfe -t fava M0RE MONEY to use, butt muztle JI' m i4 and couPle with a law to "ne b4k r, ,rembRr Chain-Branch Banks (so that tv or Pit, contrl of a bank outside of the coin I end NOTONPPf Stbank) a"d the depression" iriE b4in T ELSE wi1 d0 the job. Prosperity wil ' . |
