The Archive · 1939

Preparations For Eventualities

Danzig, July 2.

"While there is no confirmation yet of the report that Herr Hitler will visit Danzig at the end of July to be presented personally with the Honorary Danzig Citizenship bestowed upon him on his birthday, preparations for eventualities are going ahead.

"The official Nazi organ, the "Vor-posted, commenting on Britisn and French interest in the Danzig situation, repeats with great emphasis that Danzig must return to the Reich, and the Fuehrer personally will say when

confront ad with the dilemma here preparati to arations appear

whether to take action at once before things go further or wait until' the Nazis have "completed preparations. While the Nazis deny the taking of any military measures, information to the, contrary is constantly leaking The Treasury Department declined to comment on the effect of the Senate's action on its silver purchasing powers except to explain that silver purchases would continue. Treasury officials pointed out that the Silver Purchase Act of 1934, under which foreign silver is purchased, remains law and also authorizes the purchase of domestic silver "at a price which the Secretary of the Treasury deems reasonable."

The House of Representatives accepted a compromise proposal last night to restore to the monetary bill the President's power to devalue the dollar and fix the domestic silver subsidy price at 71.1 cents per ounce. The House also would restore the authority for the purchase of foreign silver on which a filibuster prevented a vote in the Senate.

Treasury Department officials said that the failure of Congress to continue the monetary act might weaken the operation of the tripartite monetary agreement. They said unless the stabilization fund was continued, the United States might be unable to hold up its end of international collaboration on foreign currency markets—United Press.

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

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