Show relief now seems certain for gold producers the hearts of western mining men are gladdened by news that ac ae tion has been taken by senator tasker L oddle of nevada which it Is expected will result in speedy consideration of the mcfadden bill this legislation proposes to seimu late the production of domestic gold by levying a tax of 10 per ounce upon all of the yellow metal used in the arts and in industry in this manner proponents of the bill say a fund will be created by which the government can pay a premium of 10 per ounce on all virgin do bestic gold for some time it nas been bellev ed that the bill had been permanent ly sidetracked by the house ways and means committee in referring it to the treasury department and hope of ever passing the legislation was vas low however senator addles action in forwarding a resolution signed by twenty two senators ask ing immediate consideration of tho the bill by secretary of the treasury andrew W mellon puts a more hopeful aspect upon the outlook tor for the proposed law |