Word: silver
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Dates: during 1930-1939
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Dies Bill, as passed by the House (TIME, March 26) would give the Administration power to accept silver at 25% above market value in payment from foreign nations for exports of U. S. farm surpluses. Last week the Senate Committee on Agriculture added two amendments that changed the measure's whole nature: 1) To order the Treasury to take over all silver in the U. S. and pay for it in silver certificates at "not less than the highest world price for spot fine silver on the day preceding . . . the proclamation of the nationalization of silver." 2) To order...
...taking over all the silver in the U. S. and then proceeding to buy 50,000,000 ounces of silver each month (20% to 30% of total world production per year), the Treasury would put up silver prices to great heights, give large profits to silver speculators and to the big copper and lead companies who mine most of U. S. silver, and greatly please the seven states* which mine 95% of the U. S. silver output. Meanwhile the U. S. Treasury would have to pay for large quantities of silver to be buried in its vaults and several hundred...
...organization go out into the highways and byways of national politics and make a name for himself that is recognized throughout the country. (Pause.) But it is a matter of sorrow and regret to see a man betray the union of his youth-(pause)-for 30 lousy pieces of silver!'' Furious, Mr. Hurley rushed forward shouting objections. Neither turning head or shifting gaze, Mr. Lewis, with magnificent indifference, interjected: "Strike out '30 pieces of silver.' Let it stand 'Betray the union of his youth,' " and then resumed the even tenor of his oratory...
...Torgsin stores in Soviet Russia, preferred trade is in foreign currency, preferably gold and silver, which Russia badly needs to buy goods abroad. But a foreigner may turn in his money at a Soviet bank or at Torgsin and get paper rubles and a booklet showing how many rubles he has bought. When he pays a Torgsin clerk with rubles he must present the booklet, have his ruble total marked down. Thus a Russian may not buy at a Torgsin store unless a relative abroad has sent him a money order through Torgsin. Nor may a foreigner use rubles bootlegged...
...when she was defeated in the Olympics. Last week, fencing for the U. S. indoor title for the first time, she had won all her previous bouts with almost ridiculous ease. The two women stepped onto the black strip of linoleum, laid across the centre of the square, silver-walled room in a sudden, tense silence. Miss Mayer wore her usual fencing costume, a short white dress. Miss Lloyd, in a white jacket and black velyet trousers, scored a touch on a stop-thrust, then another, on a direct attack. Miss Mayer evened the score with a remise...