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Show NO GOLD SCARCITY There is no scarcity of gold in the mountains. There has been no "crop failure" in gold. Gold production is not affected by weather conditions. The mines have not burned down, but manyj of them have closed down because gold mining does not pay. j This great historic industry is in the doldrums, and the only thing sustaining its activity seems to be that old lure of the miner, ! "better 'gold just a little deeper." Something should be done, but what can be done, is the question on every hand. The McFadden bill, with its subsidy, has no chance of passage in congress. The idea is repugnant to our people. Still, England, we understand, isj subsidizing her gold mines, even the mines of South Africa, where! they employ Kafir labor at low wages. j It has been suggested that new gold produced be exempted, from taxation, as the market price of gold is always the same regardless re-gardless of the cost of production. f |