London, Nov. 16.
A powerful plea that the leading: central banks be authorised to include silver as part of their cur rency reserves, up to some fixed proportion of their total, is made by Mr. L. 8. Amery, formerly Secret of State for the Colonies, in the Financial Times" to-day.
Mr. Amery says that it would 1ot be necessary to re-establish for complete scheme of hi-metallism, for even were silver held only at' the market price, the mere fact that the banks were holding considerable volumes of silver would. tend to maintain a reasonably high stable on for the white metal,
in counteracting the effects This "would be helpful he, says, maldistribution of, gold and would also correct the impending doficiency of gold, while the inclusion of silver at a fixed ratio would secure' 4 permanent stability of exchange with the Far East and would also help India—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.