The Archive · 1931

Silver Problem at Home

Big Spread of Use in Industries Fuow Ovx Ows Conteseonoeyt London, Feb. 18, ition, Thi cost and scrap value was usually much. fower "than. the prime cos oe Still we are having new in regard to. silver, Browater, writing to the "Financial Times on the Stabilization of Silver, who suggests that the first all im:

portant. move should be to Festore the uying power of silver by the raising and stabilizing of the price by Gov: ernment agreement, Further ro. striction at the source should be ar-anged, with Government control. of as many articles of raw material as, Practicable. This would at. once Fesult in an upward movement in these articles, and a. general return of confidence would follow. Speak: {ng on Stiver und its Application to Chemical Plant, Mr. Donald. Me. Donald in addressing the Chemical Engineering Group said. that. the uso of silvers cum was now comi to an end, since even the East hi adopted, of was about to adopt, new Standards, The consequent fallin Value: had brought it. within the each of ordinary constimers and had gabled itt "take ft place among the economic metals." Tt was sti rather expensive, perhaps but not ore so than other new economic metals, such as beryllium, 60 that it became a question of how desirable were ils properties and those of its and what the trend of its Brice was thely to be in the future, fe continued, salon ina ay From aver required rom sheet inability

British merchandise, The coast purchases will increase the number of Sur unemployed." Your Shanghai Core font iv your issue of February 11 li something of w miracle

our Tokyo correspondent on dost bt vane "En the firuacy cly gated the" Canadian Minister in" Tokyo, as. fearing. that "the market for' foreign "goods "En China) will censo_t exist Unless Fee medial measures are found.

The reason for the possible elimin yomoe"Ghing fron ug" march th feateainta to Trade. excused by a are readily recogniz-\dvocates for raising hensieat plant was reaching appreciable Already its employment

limersions, and. pieces of, apparatus dent. bai been, Siablliaation of exchange on 2 gold Standard has been declared by banking trid ancial experts to be practicable tion, resistance to various commercial aids, "remarkably" high, thermal and lecttical conductivities, and excellent mechanical characteristica. be a permanent and Simalas fo trade, futare dex the work Javme standard of value us the remaining available us sheet of all, hie transparent, hay tubes of all diameters, to about Zin, seamless heavens and ire. cither rolled or drawn down, to O.Gb6sin. Castings wore, not ery often called for om account of the high price Of the metal, bat sound ores could be Ghd had been, made, both in the fine Weight. The use of silver was spreading Seta andi alloy up to ews ater allied trades, and So to the food The lectures mentions other industries in which livor was Being used indi which it would Ge ffratands to reason that, so long as China retains a silver measure which Siernately inflated. and deflated, her rade with other coupes wil ell ahd fil, which means that employment. the industries meeting the specie: Chi hero demand will be subject to the same ngovernablo silver dictator, The Dose Hea, of trade. with China are Roundtess, but are at present limited by the fact that her measuring fod isa collapaibie one. and that when she comes fo. meavore her cloth she never knows whether her yardstick will rive her 10 Efat we. shall throw all" our influences one) yard. tis. to be hoped

into the scale of the stabilization of the

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

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