Show EARlY PASSAGE Of PITTMAN ACT ACTIS IS 15 PREDICTED Senator Oddie Oddi of Ne Nevada Nevada vada Optimistic of Future of Silver By FRANK E. E BECKER E With united front among western congressmen con and with support of m many ny influential senators and representatives rep rep- of the east chances are excellent for the passage of the PIttman silver act at the n next congressional congressional congressional con con- gressional session to complete the governments government's cont contract act with silver producers produce s in the purchase of 14 or more more ounces of silver sliver at 1 per pet ounce according to Senator Tasker L L. Oddie Oddle of Nevada now In Salt Lake on on public public- land hearings It is an Implied governmental contract contract con- con tract under the original Pittman PUtman silver sliver act sponsored by Senator Key Pittman of ot Nevada Not only onlY will this be of immense benefit to tofie I Itle tie fie western mining industry for the next year or two but It will sustain sustain sus sus- tam tain matters in such fashion as to keep the situation in healthful condition con COB until movements already afoot begin to bear fruit for continued continued continued con con- mining prosperity Senator Oddie Oddle Is a member of the committee on public lands and surveys surveys sur sur- veys which began its hearing at the Hotel Utah Wednesday morning He with his colleagues is chiefly in interested interested interested in- in in consideration of ot forestry matters grazing and administration of public domain Just at p present buthe but he ho is never too busy to fo talk about silver sliver and gold and mining gener gener- ally He comes from the Silver State and was reared practically In Inthe Inthe inthe the shadow of the too Comstock GOLDFIELD GOLDFIELD LOCATOR As one of the original locators in Goldfield and Tonopah he took a prominent part In Nevadas Nevada's second great comeback following the so- so called crime of 73 when slIver silver was and many of the great silver slIver camps of the west went into sudden and inglorious eclipse eclips He was chairman of the congressional congressional siona gold and silver commission and one of the originators of the the- Silver Sliver Producers' Producers association formed two years ago at Reno and now representing representing rep rep- resenting the great majority of the sliver silver producers of the earth The recent meeting of the the sil silver allver all all- ver producers at Salt Lake showed the surprising strength of the tJ new flew organization he said and had much to do with the change of public public pub pub- lic lie opinion in fn the east that we were out to fight the old battle of 16 to I 1 We have allayed that apprehension apprehension ap ap- ap- ap and have succeeded In convincing the public generally that we are simply striving to establish to-establish establish silvers silver's rightful place In the arts and the currencies of the world CONSUMPTION INCREASING Demands in the uses of sil sll silver r rare rare are Increasing so rapidly that It Is the opinion of well-informed well students students students stu stu- dents of ot the situation that the consumption consumption consumption con con- of silver will soon exceed Continued on page page 6 I III r k j tE tERLY EARLY PASSAGE OF PITTMAN ACT ACTIS l i c r j IS PREDICTED p. Continued from page 1 I. j r. r it production said the senator Through the efforts of or the bureau f 1 of mines of or the department of ot the assisted by the research producers producers' r v r-v- work ork of ot too the new atlon vastly Increased for forI a a. V I silver In the arts has been uncovered uncovered ered red and partially developed In r addition It Is rapidly becoming apparent ap- ap 44 parent that European countries Jj f more and more mora Introduce sliver silver r for fori i l subsidiary coinage In addition the th f X vast markets of China and India Indin i show no signs of letting up in their demand but rather are increasing I 0 1 their demand r P The original Pittman bill called for the purchase b by the government f of some e ounces of ot silver sliver g at t SI n an nn ounce which was needed Jb badly ly b by England during the war warr warto r t to i stabilize t her Indian credit and which was taken from the Unite f States treasury in silver coin It K of the na- na didn't cost the taxpayers one cent but It brought inI ini inv in- in v benefit to the mining inc In In- I i t c calculable the 1 1 c d stry of ot the west as a's as it stimulated not not only silver mines hut ut coppe copper v. v and lead mines of ot which silver r is v a b byproduct by product I BAD FAITH ALLEGED 4 tV The producers ers figured on i ounces more and went ahead blocking out their ores but butI M I ithe tb government o terminated the contract cone con- con tract tract after fter finding a convenient j loophole Many of the congressmen e feel el that the treasury treasur department exhibited bad faith and are anxious 10 tomake make it up with the mining men who faced a bad loss The east ha has s I J o legitimate kick against the meas- meas ire re and Sena Senator or Pepper of PennsylVanIa Penn- Penn f sylVanIa Is one of its ardent sup- sup r porters It passed the last senate I J and In all likelihood would nave have passed the house It tr they had hal ad time to get to it The rf ii fi Yare rare good for Its Us passage next se ses- ses because the members w wt who u un- un Ii nd It and lind believe In It are still 4 In in- congress r. r Iy f i Senator Oddle referred to the ext ex- ex t ellent work of ot W. W Mont Ferry of r r. r Salt att Lake one of the founders ot or tOe l producers producers' association lIe He al also o 4 referred erred to the great work done by 1 X Cornelius F. F Kelley president of t Anaconda Copper Mining company com com- v g pany of ot Butte who Is I t ot or oti i l e producers' producers organization He lie Heild 0 i ld l ild that the second volume of ot serial D. D 9 of ot the senate gold and silver report on foreign cur cur- 1 enC ency and exchange in line Une wili th the fr prk of ot the commission in field in- in cost of mining rel- rel iI lilyes 11 topics recently had been Ls Is Is- d a and d was MIS an Invaluable treatise or orthe the enlightenment of e c min min- orthe ng man In th the thee e t. t |