A group of North Idaho residents and Rep. Lenore Barrett, R-Challis, attemped to introduce a "sound money" bill this morning in the House State Affairs committee regarding gold and silver currency. Tom Dillon of Sandpoint, chairman of the Legislative District 1 Republican Central Committee and a member of the Idaho Sound Money Task Force, told the panel, "The evidence is overwhelming that the federal reserve system has failed in its duties to stabilize the economy. ... It is an emergency situation." He said the "current debasement of our currency ... is a disgrace to our American heritage. ... A penny saved is no longer a penny earned." With the proposed bill, he said, "Idaho will become the monetary anchor in a stormy sea of financial chaos."

However, proposed bill died for lack of a motion, and wasn't introduced.

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