Show Reviving the Gold Industry E By Ira C. C Tichenor Tichenor- i NE NE o of the tl the phases of the article previously referred d. d to as apt ap- ap in In an aU Eastern astern financial lea 1 of t f I paper In in opposition to the thelea two twenty y two Western Vestern senators to Secretary of the Treasury r llon V Y f I W m P gold w for ifor C CL contained his support Sport of the McFadden bill providing for a aIt excise excise in ln 7 f manufactured articles H tented T and which was not com corn UP Upon tipon n Was contained in in the following paragraph It may also bo be pointed out that with deflation actively operating the ie C or of gold is rapidly r increasing and the J inexorable law of supply and IJ is working in favor of ot the gold producer Just exactly r as it is for bondholder In other words Je the gold miner is now on the threshold a a. period when prices are going to work for his benefit and from all there Is a a. long Innings before him t I 1 It will be remembered that the average production in gold In in the United States Stales L for several Beveral years previous to the war and up to 1915 was proximately Since 1915 the production has decreased until when it was less than thUn fir J and it is reasonable to expect that fhe e pr I ff It 1920 1920 durIng the Present year will be even ven much less than that L I. As a matter of at fact the gold ces mining industry has been shot to i strictly gold mining properties have become filled with water bers have rotted the costly machinery has rusted and the mines and have deteriorated It Is going to require an Immense amount money f money to put the industry on its feet again m The case of the gold industry can be compared to that of ot a man who PS as stricken with an illness and was denied the services of docTor a doctor finally brought him to a convalescent pu when stage the doctor put n an nan appearance and told him that he had a long life before him That tt s good news bUt th the d doctor overlooked the fact that the long long- illness had eft ft t the h e man in a weakened condition n and that it would require special dieting to restore him to full strength and vigor some I I Unquestionably the gold industry will ill como come back natural represented by decreasing cost of production wiil result in a cure just as nature unaided by eventually a doctor 3 t t it is certain that cured the sick sick man the Industry will i J be exceedIngly exceeding Zt y wobbly for some ears ars to come unless it is given a special diet that w was denied it at a I t time e when it would have increased its strength instead o a decline ot of permitting it to go |