The Archive · 1935

MOVE TO REMONETIZE CANADIAN SILVER

Ottawa, May 24, 'A sueve to remonetize' silver was launched in Canada to-day, when Mr. Thomas Reid, Liberal member of uh House of Commons for British Columbia, posted a notice concern ing the introduction of an important silver Dill The measure would increase the silver content of Cuadian coins from the present standard of 600 parts in 1,000 to 925 parts in 1,000, Me, Reid's bill also would so revise the Monetary Act as to permit the payment of unlimited amounts in Silves coins, thereby making silver full legal tender in the Dominion. At present. creditors may legally reuse more than $10 In silver money the payment of debls—United

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

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