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Show INDORSE TAX Df!PJET OlilPUtOF MINES American Mining Congress Not Favorable to Amendment Amend-ment Valorem System, PTtTOENTX lec. 8.Taxation of metalliferous metal-liferous mines on the basis of their net production was indorsed by the American Mining congress at the convention session ses-sion here toduy. This action followed spirited debate on the question. The amendment va.lorem or physical valuation system was supported by R. C. Allen, Michigan state mine appraiser. Iroteotlon for American copper shipments ship-ments and the opening of all possible markets for the metal by various branches of the government was asked In the resolution presented by George H. Dern of Utah. The subject was referred to the resolutions committee. The creation of confidence In mining investments on the part of the publio was the subject of general discussion. The committee report on this topic was deferred de-ferred because of the absence of the Chairman, W. Jl. Allan of Butte, Mont. Recommendations that metal! if erous mines be taxed according to their net production brought about a spirited discussion. dis-cussion. The report of the taxation committee, read by Will Clark of Jerome, Ariz., favored fa-vored this method of taxing. R. C. Allen, state mine appraiser of Michigan, argued In favor of the Michigan system of ad valorem or physical valuation, while Hnrry Day of Idaho leel the discussion dis-cussion for tbo other side, which upheld the net valuation systom. The resolution committee named today consists of Normal Carmichael, Arizona; Seeley W. Mudd, Los Anpeles; W. G. Swart, Colorado; Charles Burgess, Missouri; Mis-souri; Jesse H. Beddow, New Mexico; Hi. C. McAlptne, Oklahoma; S. E. Worell, Texas; II. O. Holtholl, Wisconsin; W. B. Rudderow, Pennsj Ivania; L. A. Friedman, Nevada; F. E, Marrlner, Florida; C. M. Donohue, JNew Hampshire; R. C. Allen, Michigan; E, McKenzie, Montana; Harry Day, Idaho; G. Jewett, Minnesota. |