METALS: Silver Bullets and Silver Ballots

METALS Silver, despite its artificial price, has become so useful as a substitute for genuinely scarce tin, copper and other metals that the Treasury is going to release 40,000 tons from its own hoard. It has become so useful, indeed, that some of its friends think the No. 1 political metal may even be taken out of politics.

Metallurgists estimated last week that actual and potential uses could absorb 100 to 120 million ounces of silver this year (U.S. production in 1941: 70 million ounces). Hardy & Harman, famed Manhattan silver refiners and...

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