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Show STIMULATE SILVER OUTPUT The Senate Gold and Silver Commission in a report to the Senate Sen-ate advocating a bill to direct the Treasury Department to purchase 29,000,000 ounces of silver under the Pittman act says: "The best interests of the nation demand that capital invested in the development of its natural resources create new wealth, and unless the proper relation between costs and selling price is restored the present' conditions must inevitably result in waste of invested capital, loss of developed ore reserves, loss of taxes, potential unemployment, un-employment, low standard of wages, and an imperiling of national safety, by bringing nearer the dependence of the United States upon foreign metal supplies. "The mining industry has so far outgrown the governmental ' machinery for maintaining sound conditions in the industry that a number of serious problems have been allowed to develop." |