The Archive · 1938

Study of Recent Silver Declaration

Washington, Jan. 3 made of the silver situa-before President Roosevelt's redeclaration was "the most us tive ever made and the Secretary y Morg why the Pre: dent's declara-did not include the foreign e. Mr. Morgenthau said there uld be "no immediate proclamation affecting our foreign purchases" He said he saw no reason for cutting the price, but pointed out the ice was on a 24-hour basis.

"I promise you," he told Washing: ton correspondents, "we will let you know when there is a change in price."—United Press.

Mrs, Desmond Humphreys

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

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