| Show TIM THE conditions are developing in the mining industry which indicate that an era of prosperity is approaching this is evidenced by the healthy evolution of conditions that usually presage prosperity in an industry even in the gold and silver mining industries the depression is less les acute and ultimate recovery ol of these essential industries seems assured capital Is coming out of the hiding places into which it was forced by oppressive taxation and radical tendencies in government interest rates rater are low taxes are becoming less burdensome freight rates are being gradually adjusted so as to permit the tree free movement of the basi craw materials and transportation agencies generally are enjoying healthy conditions labor and supplies do ea not t command a prohibitive premi premium um and markets both at home and abroad are becoming stabilized it d the attitude of tile the state had and national governments toward the mining industry is sympathetic and government interference with legitimate private enle oprise isa less potent danger and the cryst crystallization of public sentiment against discriminatory legislation of quy any nature is ceeil seen in the defeat at the polls in tile the recent election of undesirable tax legislation radical ton tendencies dennies everywhere 1 are being curbed it is fortunate tuni itei tor for both the be industry and the r nation 1 that the business of mining h has as nt not 0 been encompassed by a multitude tit ude 0 of f artificial handicaps imposed by legislative authority foremost among the defenders and propagandists of 0 the mining industry during daring the crucial period since the world war has been the american wining milling congress throughout this period ito lt has voiced optimism thru the public press thru its officers directors and staff members mcm bere thru its bulletin servi services eps and thru the columns of the Mining congress journal its representatives have appeared before the committees ok 01 congress tile the executive departments of the federal government the interstate com fereti commission tho the F federal trade COmmis commission I 1 ilon the meetings of bankers manufacturers and railroad officials and adin in fact before every agency and on ever occasion where the cause ot of the mining industry could bo be advanced and its interests promoted and protected in the matters of tariff protection income taxation railroad rates rales and labor relations the work of 0 the organization has been most effective and tor for the promotion of efficiency committees ot of the organization have and economy in mining operations labored tor for years on improved methods of mining practice which have bame become standards in order that production costs lowered to a point where higher labor and freight costs and increased costs of supplies and equipment could be absorbed and operations maintained at a fair profit the period from which the mining industry Is ju lust st emerging has been a period of convalescence many hopeful lessons have been learned from the mistakes of the past among other things the mining industry has learned that its several branches have many interests in common which cannot be protected unless these branches of the industry work together tor for the benefit ot of the industry as a whole and at the same time enlist the moral support of other industries it has learned also that the general public must have a proper understanding of its problems the american mining congress has been a get together medium as well as a medium through which the public could coul d be informed oil of exact conditions prevailing in the industry in order that the mining industry may enjoy to the fullest extent the era of prosperity which seems imminent there must be harm harmony any and unity among its several branches and the work of molding plans methods practices and legislation that will lower production costs taxes and freight rates and that will secure the maintenance of peaceful labor relations must continue to abandon any part of this work at this time would be exceedingly costly to the mining industry its continuation under the stimulation of healthy business conditions and industrial du prosperity will produce lasting benefits mining congress journal |
