Show ore Gold Is IsTe Needed Te By y Ira ra C. C Tichenor HE meeting just held by the mining interests interests of of Nevada at the s subject of gold production was vas considered tends fends to ill the situation presented by the constant co tant decrease in the pro- pro protin tin Hon of the yellow metal in fn the United States and the increasing sing r. r d for gold particularly as a a. basis of the the- currency of the country and andus us use in hi the tha arts art and manufactures I Jis is s. s not surprising that the meeting went Went on record a as 88 favoring the plan ested by the American Mining congress cong for the payment of a a. bonus of an ounce for new p production of gold In the United St States te tes and the levying excise tax on all gold used In the arts and manufactures and also vid riding ng for for a a. penalty for the melting of gold coin coln for tor such use n the he several discussions of the gold gola problem em In this column this plan been n urged urged as the most logical of ot all ail yet suggested but but with th the removal taxes on the production of gold as a a. means of bringing about an anease anease ease ease in the production of the metal and at the same time not in any 1 ncr mer r disturbing the value of gold as accepted by all the leading e nations ii world a as a bas basis s for their financial systems Although hOUgh the United States is In a far better position than any any- other it In the wor world In Inflation relation to Its stock of or gold and in reality Is the nation atlon that is 18 strictly 8 speaking eak ng on n a distinct gold basis t there ere is no noty ty that this favorable condition always alway will ivill exist especially In view of or decrease decrease In the production of ot the yellow metal to a a. point that even now 1 slow W the average consumption of at gold geM In Iri the arts and manufactures andI and Jin I view of the demand for tor an In increased circulation due to the expansion the the- country's Industries and I the position attained by America as the ii Ing financial nation of the world hII Utah is not a a. heavy producer produces of gold the Industry Is of sufficient ortance to Induce the mining Interests of ot the state to add their influence i effort S-effort effort to to insure th the passage of ot the so eo called McFadden bill providing rth the tl payment of ot a a- agold gold bonus |