Show TO STOP WILC CAT MINING the american alining congress which aleeta in october will take rinal final action for tile the protection of alining investors A bill provid providing rig for the punishment of all mining fakira and promoters of illegitimate mining enterprises will be drafted by the american mining congress at its annual Bf ision which will be held in denver colorado october to lath inclusive A co committee composed of the best talent in the united states has haa been appointed to prepare and submit to the mining congress a draft of such bill this committee comprises two united states senators robt IM M lafollette wis and fred T dubois idaho one congressman eben W martin south dakota and the governors of two states geo aeo i C pardee california andion and JOB W folk missouri four are attorneys attorney and all from mining states of ance california has already adopted a law which has worked an almost complete from that state ot of spurious mining stock and that lecherous parasite on tile the industry the fake promoter it is probable that the proposed legislation which will be submitted to tile state legislatures this winter will be fashioned after the california law which provides that any person who shall undertake to sell cell or assent to to the publication privately or publicly of a fraudulently exaggerated report tending to give any person or the public generally the tha idea of greater value or less apparent v value 1 lue I or market value than such stock may really possess por sess ich i with the intention of defrauding any person or the public shall be deemed redeemed guilty of a felony and on conviction shall be punished by imprisonment in state prison or a county jail not exceeding two years or by fine not exceeding five thousand dollars arboth or both the efforts of the american mining congress to protect the investor against mining frauds by furnishing information as to the truo true conditions at the mine has made more apparent the recess necessity ity of legislation to suppress this evil and it is ia hoped that all serious mining men will take an active interest and communicate with the secretary to the end that tile the matter may receive the most intelligent consideration at the coming annual meeting the mining congress never was in as ai strong a position to combat this thia evil and the assistance of 0 every mining man is ia needed to make its ita work more effective steps will also be taken at this session for the creation of mine drainage districts similar to public improvement districts in cities and for the creation of a department of mines and mining as a separate parate ac department of the national government |