Show President Moyer Defends Company By Associated Press I DENVER Colo Feb 7 The The announced announced announced an- an an an- reduction in wages paid minerai mineral min min- eral miners in the copper districts o of the Ithe I country shows the fairness o of the copper coppel producers toward 1 th the miners minch in that they will continue production rather than throw thousands of miners out of at this time This s statement te ent was made do today by y Charles II Mover loyer president o of the i I International Union o of Mine 1 Mill 1111 and I Smelter Workers in discussing wage reductions o of 1 a day announced at I Butte Bulte Mont last night As a resu result of the maximum production production pro pro- o of the copper mines o of the country during the war period he I continued the sudden termination of the war found the producers with apI approximately approximately ap ap- ap- ap proximately a a. billion pounds of ot copper on hand for which there was no market mar mar- I ket The copper and mineral mine mineworkers mineworkers workers are employed under a sliding wage scale and the reduction an announced announced announced an- an yesterday is merely the natural natural nat nat- I ural ral result of ot this overstock of copper cop cop- per per |