Word: silver
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Dates: during 1930-1939
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Money. The Man of the Year lopped 41 ? off the gold value of the dollar, called in all gold, nationalized all silver bullion in the U. S. and set the Treasury to buying 1,300,000,000 oz. of silver. But little if any general price-rise followed, and the President admitted to newshawks gold policy was a disappointment...
...sugar producers equally dismayed by the flood of duty-free sugar coming thence, Congress at last offered the Philippines their freedom, after a ten-year trial period. Out from under the first offer Philippine politicians managed to wriggle. When it was renewed last spring, and served up on a silver platter by Franklin Roosevelt himself, the Philippines did not have the heart to refuse...
...Shorter than usual this year is George V's New Year's Honors List, for the reason that His Majesty is saving up for a spate of honors to be showered down on his Silver Jubilee (May 6, 1935). This week he upped only three subjects to the peerage: Sir Henry Betterton, Sir Wyndham Portal, Sir Thomas Fermor-Hesketh. To the plethora of titles with which his eldest son is burdened he added those of Admiral of the Fleet, General of the Army, Chief Marshal of the Air Force...
...Intolerable for France." Just as grey and graceful Ambassador Davis and silver-haired, silver-tongued Prime Minister MacDonald were congratulating themselves that Japan, having denounced the Treaty, must certainly bear all blame for disrupting the London parley, Japanese diplomacy abruptly whipped out a two of spades...
Revealed as the holder of options on gold mining claims supposedly worth $149,000 at Mojave, Calif., was Nevada's Senator Key Pittman, loud champion of silver...