Show BONUS SUGGESTED fR FOR LOW AS INDUCEMENT MINES MIMES J 1 f word ord that B. B L. L From Erom Boston comes Thane ne who has hns Ion long been identified mining Industry as a with ih the gold mIning pral practical al operating man hits has some ver very pronounced pronounce views as to what should belone be belone l lone ne to help out the gold prod producers producers' cers First to bo be determined he believes cs bele IB Is whether sold gold mining Is an essential in In- In Secretary McAdoo Mc has hns gone on record with wih the statement that next to food and aur ammunition gold old I is one of ot the most needed war essentials 1 In n discussing the gold situation Mr Ir Thano points out that the tho United States Stales Is Is toda today paying out gold goll to neutrals for tor which Is la considerably considerably con con- purchases at nt a fixed price less than the thc cost of producing producing ing Ins It The war h has brought about a material Increase In the cost of ot pro- pro gold Sold but the arbitrary value 1 of oC gold fixed t ty the government has hat had no proportionate te Increase 1 Ir Thane says sas Gold now non comes chiefly chien from low grade deposits The entire Industry is threatened This situation sit sit- Il- Il has been developing dc for tor tho last four years ears and has haf now become HO no acute Rente that the production ot tf t gold from the majority of ot low grade hado deposits Is Isnow now HOW being being- belna made at a loss losa It uI Is Inevitable Ine that unless some form torm of bonus lonus I is given s to the producing mines mines' or an au actual increase in the value alue of ot the tho product Is made n national lonal agreement the important producers pro pro- will wil be he compelled to discontinue ad decreasing operations and the already production will be further and mo most t seriously affected The calculated profits proUt based on prewar prewar pre pre- war conditions have ceased to exist Tonnages of ot low loW grade developed de ore inthe In Inthe Inthe the mines today and which were ere carrl car- car rl ned d as ns an nn a asset must under present conditions be entirely written off ot No o olow low grade gold old mining financed and developed under war pre-war can possibly work ork out n as as asor or originally originally or- or 01 Planned fanned |