Government Departments of Commerce and Treasury Disagree on Effects of Policy Washington, Aug. 10.
)SAGREEMENTS among Government officials regarding the effects of the Administration's silver policy may result in the emergence of the silver question as a campaign issue, it appeared to-day.
The Department of Commerce re-same time the gold stocks of the na ported that the sliver-buying. policy tion had increased 23 per cent. thereof the Treasury had not appreciably till further the ratio affected the "domestic monetary and and silver stocks of the credit situation" during the year 193:
'The Treasury Department, on the "The proportion of the metallic other hand, declared that the polley monetary stock represented by sll-had had' a. benelieial effect "upon ver." the Department of Commerce money and credit Inasmuch asthe declared, "was somewhat smaller at purchases of silver had Increased the the end of 1933, as samparea with Tevenues of silver producers and the ratio of the wad of 1934." croated many jobs in.the silver mines, whereas the purchases of silver G. 0. P. Promise foreign countries had stimulated trade The conflict between the two de-through establishing balances for for= partments of the Federal Goverment eign nations In the United. States, The Department of Commerce countered with the assertion that the 'Treasury, in conducting large-scale Serious Collision on New silver-buying operations had increas ed the stocks of the white metal by York Elevated '$265,000,000, equal to ftteen per cen'. of the total holdings, while at the New York, Aug. 14. At least one person was killed and a dozen others Injured as the
Text read from the printed page and cleaned; old type leaves the occasional error.