The Archive · 1935

World in Need of Bimetallism

Mr, W. H. King, U.S. Senator, Explains Views

Expressing the opinion that all nations of the world should adopt Dimetallism, and making an_ appeal for world peace, Mr. William H. King: 'a Senator from Utah, and leader of the "silver states," addressed a gathering of members of the American University Club at a luncheon held the American Club on Monday, 25. The Senator is a member of the American Congressional party passing through Shanghai in the President Jefferson, after having attended the Inauguration of the Commonwealth Government in Manita.

Mr. King spoke on the subjects of silver and peace. In. regard to the former, he was emphatic In his belief that it would be @ benet to the whole world if all nations adopted bimetalsin, on the theory: that, if a nation based its credits on gold and silver, there would be more money and, consequently, more prosperity. Price: would be higher and labour would reap higher rewards. General pros: ority and improved conditions wanle

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

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