The Archive · 1930

A Possible New Silver Factor

Mexico City, Mar. 30. ing circles are discussing the feasibility of promoting a widespread sale of silver upon the manu ver market. snare Garcia, president of the Mining Chamber, points out that bullion silver i selling at. 42 cents while manufactured article lat about $5. Under such is possible for the ing_men to compete with the, plated silverware manufacturers, not only disposing of larger ccoantities of their output but even making a profit for themselves.

Such a course Mr. Garcia believes even if it is necessary for the silver producers to direct the ire process of manufacturing.

Tt is felt that the manufacturers fare not absorbing silver in the quantities that they could and Should. Consumption of manufactured stiver articles is on the decrease, due both to high prices and lack of sales tactics, which has its direct harmful results upon the mines and furthers the silver crisis China and other "silver countries." tions are that action on the may be taken by the miners la the near future if there not a prompt improvement in the tactics of the manufacturers of in return for personal immunity. silver articles—United Press.

Text read from the printed page and cleaned; old type leaves the occasional error.

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