Show AIM WAS JUSTICE I r TO REAL RL MINERS MIER J J. J C. C Jensen Tells of Work Vork of Mining Men Ien lIel in Colorado Referring to the present status of th tho rare minerals situation In tho the United States J. J C. C Jensen a a m member of or the war minerals division of the tho American Mining Congress said yesterday yesterday yes yes- I It I is quite obvious that it was the Intention of or tho the government o in passIng passIng passing pass- pass Ing the bill 11 to give glo Justice to those that have sustained losses in good faith thus ln f filling a n moral obligation and mr it Is to be he hoped that the commission commission commission com com- mission will vili wi a administer the bill bi in this spirit in which it ft was enacted It T goes sa saying that there thoro was no legal obligation on the part of or the tho government go gov gov- or there thero would woul have ha e been no o need fo for foi the appropriation and it i cannot cannot can can- not be expected that claimants should be required to mako make proofs which aro are physically impossible In order to get et justice He lie said further that during the I meetings s of or Ufo the war minerals division dl in Denver the following resolution luton was adopted b by both houses hOlos of or the state legislature and copies forwarded to the secretary of the Interior and also alsoto to the commission having the thc adminIstration administration admin admin- of tho thu war minerals bill bil in hand o of which Senator of or Colorado is the chairman Whereas at the Ule request of the tho government government gov gov- of the United States made h by bythe bythe the department of tho the interior tho the war industries board hoar the tho war trade board the shipping board and the emergency fleet Jeet a great reat man many patriotic patriotic patri patri- otic otc citizens ns of the State of or Colorado as ns well wel 1 as of other states expended large sums of ot mone money in locating developing developing devel devel- equipping an and operating properties properties prop prop- ertes for tho the production of chrome manganese p pyrites rles and tn tungsten to supply the tho urgent needs of their country country country coun coun- try in the tho prosecution of tho the war anti and Whereas hor as b by the failure of the market market market mar mar- ket for such uch ores occasioned by bv the allowance of the excessive Importation of or such minerals and the manufactured products thereof contrary to the re restrictions restrictions re- re promised to the producers of or said ores b by certain governmental tal agencies and Whereas IH rea th the Congress of or the United States passed an act for the relief and anti pa payment ment of ot the losses suffered b by said producers public No and whereas where where- as in preparing and attempting to ad administer administer administer ad- ad minister said relief act a form of ot questionnaire questionnaire ques Ques- has been prepared anti and submitted sub sub- to secure the evidence of such losses which questionnaire does docs not conform confor to the tho said a act t for Cor relief releC or orto orto or orto to the tho true Intent and purpose therein now therefore be It I I Resolved b by tho the Senate and House of Representatives es of or the state of Colorado Colo Cola rado in re regular session that the secretary sec sec- rotary of or the interior and war minerals minerals minerals miner miner- als relief commission be be and they thoy arc are 1 hereby C roby respect respectfully Cu I I y requested u este d and urged to construe Interpret and adminIster administer administer admin admin- ister said relief act in the same spirit in which It was enacted and that the questionnaire especially questions C G. G 7 and 8 S thereof bo ho changed to conform to Lo the true spirit of or said act act in order that tha Justice ma may be done to all al claimants claimants claim claim- ants and tho the obligations of ot tho the government go gov gov- I ful fully discharged to all al of ot said producers of said sid minerals p o pI 01 I 1 Clearing House Banks I o p 0 o rollon's New ew cW York May r 3 Thc The weekly Lank bank statement ACTUAL CO CONDITION DrIO Loans discounts discount etc In Increase Cash h In own vaults Members federal banks vault Decrease la In l federal deral c bank of or orm m member m cr banks Lank rs lank Decrease tro Reserve In own StAte J banks anks nn anti l trust companies I. I D Decrease rte S. S O R In d depositaries State bauks LaukA mid niad tru trust t companies decrease Net et ct demand deposits 0 Increase Net et It time I Increase J J Oo 10 Circulation ja J Increase GIGO United tie deposits d deducted Ille reserve nc 1 O Excess E. E s reserve 0 STATi AND D TRUST n. n BANKS ms Summary of oC state banks bank and trust companies io n 0 Greater New r lc York not Included in clearing louse statement Loans Loana l n. n discounts discount t J i Increase hl Increase 5 Currency and bank notes Increase t Deposits with wih federal reserve banks bOnka New cw York lork Increate Increase 10 Total deposits Increase Inere e r Cash la in 00 Trust rrt companies Cash Cah In vault molt vult Is O 9 0 1 1 I Financial Review 1 o 0 C New cw York York- York May 3 3 most Almost the only oter the nc stock market this thU week ua was the suspension ove sID of f the extra disbursement on United States State Steel common reducing Its ls division hiatus to the pre pro war er n rate rte and offering additional evidence of or the general reaction in 10 that Industry Thil was further lx birne broc rne out by the tlc quarterly statement In which monthly earnings showed i a steady teady tealy d decline lne the n BK aggregate tu being the for or any similar period since the of 1515 IS Apart front rora these development developments the market n the main moT rooted to higher regardless s or t f the tho note of ot caution cautin sounded rounded b by financial Interests and tho the extensive ITO ao cashing b In cuhl I of at profits which It accompanied such warnings warning pro proved d a a natural concomitant of or the more extensive of or pc c indu trials the Ibe latter also embracing food toe and chemical Ehl shares S of companies C converted to post poj war Jr stir buses s. ft Th rh flie movement as ns a I whole W wa again mainly accelerated by br tUTor favorable democratic factors facton which laid th the th for the tlC rise Im aoma mi ten weeks I ago aty Chief union thc these WElO excellent crop outlook t conditions which Improved substantially during durIn the month of nt April Api and Dd the strength of the country's Industrial production lon O p 0 O O. I 1 Grain Markets I Io o p 0 New York May hay 3 S Wheat Spot tt firm No o. o 2 rod nil r. r I elevator evator export erport Corn Spot Corn Spot firmer No o. o 1 2 yellow And No o. o 2 white SI co cot COt t ami tr freight New cw York ork Spot Oats Spot pt firm stand ant ard rd S1 Ml c. c Other articles ankles unchanged ln Kansas City May MaY 3 hay Corn Cr Corn May 1172 l. l H September r 1 Omaha May 3 oD Corn No Corn No o- o 2 S white No No o. o 2 yellow No 0 3 yellow No No 3 i mixed No o. o 4 f mixed 1167 UG Oats Oats Oats-No No O 0 2 white 1 le 1 c No S I white whit r. r Minneapolis MinD Minn May ra 3 flour Floor lUrley o. Hn 2 I. I nj 77 i. i ranU ran ran- U O Corn n. Corn IjO 70 CS C Oats ic e Mai- Mai fG 1111 Duluth May lr 3 i. X 10 tion ton In December was ounces ounces as against ounces in November o r. r and 3 0 ounces In D 1917 |