The Archive · 1930

Another American Silver Study

Washington, Aug. 17"

Appropriation of 6.$50,000 is to be asked of the December session of Congress for a special study of the silver situation by the United Bureau of Mines and Standards, according to a letter from Mts Robert P. Lamont, Secretary of Commerce, made public by Senator Tasker L. Eddie of Nevada.

This recommendation followed a suggestion by Senator Eddie that the two bureaux and also the Bureau of Foreign and Domestic Cofhmerce receive G.$100,000 for a com. ined investigation, with the hope of improving prices through _what~ ever measures might be recum= mended.

Mr, Lamont replied that the Bureau of Foreign and Domestic Commerce was already well enough supplied with information for its purposes, ut that the first two bureaux ' needed funds which would recommend ax a fresh ap>

Senator Eddie is also pressing for. the Secretary's approval national silver study conference of producers, manufacturers and econ~ arnists, to make similar recom mendations.

Mr. Lament is understood to be seriously considering this, as well fas Senator Oddie's resolution that the Senate's 1925 study of the European currency situation be republished and extended to include the South American and Far East em countries—United Press,

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

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