Show SAVING GOLD COLU the production of gold la is declining rapidly because gold mining has become unprofitable the purchasing value of an ounce of gold Is less than halt half what it was in 1913 but gold sells tor for the price set years ago 41 2067 an ounce while cost of producing it has doubled and trebled A measure la Is before congress to impose a tax of 1000 an ounce on all gold sold tor for manufacturing purposes other than lor for money coinage this cum to be paid to the producers of 0 new gold to help them meet cost of production this would not change the gold standard and unit of value but would encourage gold output it is a sound remedy for the gold situation |