Salt Lake Telegram | 1931-07-27 | Page 1 | Smoot, Borah Meet with Mining Head on Help for Silver

Smoot Borah Meet With Mining Heads i Help for Silver Salt Lake Industrialists Join I in Effort to Effect Program Program Program Pro Pro- gram TO GIVE PLAN TO HOOVER Withhold Findings Until They Reach President Br Dy Associated Tress BOISE nOISE July 27 Two 27 Two United I States senators whose names have hart been prominent in international affairs af at fairs for or more snore than a decade and a quartet of or mining industrialists went into conference here toda today to seek a solution of or the silver question and to te I discuss as well other questions in ed in worldwide economic con Senator Smoot of ot Utah and Senator Senator Sena Sena- tor br Borah of Idaho headed the conference con ference while others in the group I were W. W V. V Mont Ferry of Salt Lake president of the American Silver SlIver Producers Producers Pro association George W. W Sn Snyder Sn- Sn der president of the George Georgc W. W Snyder der and Sons Mining company Frank B B. B Cook of Salt Lake member of the International silver commission commis sion slon and J. J O. O Elton manager of the Salt SnIt Lake branch of the International Smelting company SEE SEC VITAL ISSUE As they v went ent into conference both Senator Borah and Senator Smoot expressed the view it would be unwise unwise un un- un wise to announce their proposals for solution of or the tho sliver silver deflation lem Both recognize it as ns one of the major factors in the thc present depression depres depres- sion slon hilt but it h r Smoot said to submit their plans to President Hoover in advance of making mak ing them public He described the present economic situation ns as serious He had little comment to make on the London conference Just closed other than to say America has done about everything possible to assist Germany In solving her debt lems The conference rec recessed sed at noon without Issuing a statement on progress progress ress made on the plan under discus discus- C Continued on Page Pue Two 4 SMOOT T BO BURAK H TO SEEK SILVER HELP Continued from Pate Page One slon sion for stabilizing the purchasing power of silver TO CALL IDAHOANS Following the morning meeting Senator Borah indicated Idaho min mm- Ing men would be called into the meeting this afternoon Senator Smoot left this afternoon for Pocatello to Join Mrs Smoot In a trip to Jack Jackson on Hole Wyo by way of West Vest Yellowstone After Arter a few days' days fishing they will return to Salt Lake Senator John Thomas member of the senate finance committee was called into the conference this afternoon after after- noon As the meeting prepared to take up at the home of Senator Borah he told newspaper men he would advocate a world conference on the silver question question ques tion as ns part of a solution of at both that problem and the general world economic economic eco em- difficulty No conference should be held however however however how how- ever he stated unless Great Britain Is represented for on Britain's control of the silver question In India hinges part of th the solution