Show government BUYING SILVER 1 ordinary y silver bullion is abc acc accepted apted at the government mints according to a me message received from senator key pittman by bv the nevada mine operators association the message was sent to correct the impression reported given by a statement that dat the mints would accept only refined silver at the rate of 1 an ounce the message states the mints will accept bullion bars as they come from the smelters shelters sm elters and mills as has been the case heretofore if the bullion contains one one thou sanath li part of gold it is termed gold deposit the message and the silver in such gold deposit no matter how small or how large in quantity it may be will be paid for at the rate of 1 an ounce for each ounce therein contained of pure silver or what is termed pure silver thousands pure if the the bullion contains no gold but contains thousandths silver then it will be accepted as a silver deposit and paid for in the same way the expression in act 1000 fine measures prices paid for silver in bullion and does not control purity or kind of bullion received mints will charge small separation fees that is separation of silver from other metals in bullion but this charge is always made by smelters shelters sm elters at the present time I 1 have had this matter up with the director of the mint and he has given orders in accordance cor dance herewith to all mints receiving silver under the pittman act under the misconstruction I 1 of the act that I 1 have referred to it was charged that only re finers could take the benefit of the act this of course under proper construction which I 1 have div j en is not true in fact under the pitt pittman mait act the necessity of sending silver to and re finers is entirely eliminated by reason of publication of the governments intentions under the pittman act silver has ha already gone up above 1 lan an ounce such misconstructions and misunderstandings mi sunde as I 1 have referred to must be pub pu licay corrected or they will be used for the purpose purpose of deceiving producers of silver a of bearing its price such misconstruction will also be used unless publicly and co m plemely c contradicted antra ducted to ass assist in propaganda for repeal of the pittman act As lodo such an act remains an on the statute books boo and I 1 can guarantee that it will not be I 1 pealed so long as present rule of senate el ests american silver will not sell W belows an ounce |