FISCAL: Again, Silver

"I bought silver Monday. I bought silver Tuesday. I bought silver Wednesday. I bought silver every day this week."

With these solemn words Secretary of the Treasury Henry Morgenthau Jr. last week defended himself from the reproaches of the silver world. The reproaches had been leveled at him because the U. S. Treasury had just subjected the silver markets of London, Shanghai, Bombay, Manhattan and Montreal to as pretty a market crash as a speculator could have devised.

One day in London, international silver market, 20,000,000 oz. of silver were offered for sale....

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