Mohave County miner and our mineral wealth., 1919-08-23
A Reply to the Editorial in Last Weeks Issue of This Paper, Entitled ''WOuld Further Imitation
 Benefit"

answer to the editorial that appeared in the last issue of the Miner. As this journal does not care to exploit the Davidson Plan," whatever that may be, we are giving this "just as she lays.")
 As the editorial apparently was written to discredit the plan, which is known as Davidson Plan for Financ- ing Reclamation and Public Improve ment Projects" and which plan has been submitted to the United States Senate and House of Representatives, I consider it my duty to reply to the attact.
 AS the article is a rambling state ment, without offering any reason or proof for the assertions made, it is quite apparent. that the writer has not given much sound thought to the sub ject, but as he seems to be inclined to deal with antiquities, as he refers to the time when he and Adam were boys, that character of argument can probably be best met by dealing in some antiquities too, though not so ancient.
 We will first refer to those who ridiculed and made light of the boy Durias Green and his thought of fly ing machine, then the same character of foggies ridiculed Fulton who har- messed steam. Later Westinghouse was told by one who thought himself wise, that he had no time to waste on fools and cranks, or what he could de- wise, but events transpired so fast that Vanderbilt who thought he was so wise was in need of Westinghouse devise. He sent for him and got the reply that "He, Westinghouse, had no time to spend on fools and cranks." It is needless to mention the part the Westinghous airbrake plays in our transportation to-day.
 Who now doesn't know of the fly ing machine and the great locomotive propelled by steam. I might sight many other instances of devisors or designers of plans, all of whom have been ridiculed, but what would our country be to-day without what they had devised or designed. It is not at all unlikely that the writer of the sdi- torial, which attacks the devised plan of financing reclamation and public Improvements will find himself in much the same position as Vanderbilt was placed on account of his jumping at conclusions. fG
 l challenge the writer of the editor ial to tell the people where and when
 such 8 plan as he has attacked was
 ever before submitted to or discarded
 by any people municipality or state
 as he states it has been.
 He uses the term "wildest ideas, scrip, ranters" q am the ranter re- ferred to). I ask him if he will tell the people why it would be better for them to pay six per cent on state bonds held by capitalists rather than three per cent on the same bonds held by the federal treasury and that three per cent they pay being paid into their own federal treasury as my plan pur- poses, again saving them additional indirect taxation. Tell them, if you can, why that three per cent paid in- to the federal treasury would not con stitute revenue or asset instead of liability which would ruin the country, as you assert. Tell them at what time and place scrip, as you term it, was issued that purchased state bonds that would bear the federal govern ment three per cent per annum in terest on the amount of the issue. Will you tell them the kind of scrip you alluded to and were familiar with was a scrip issued to pay current ex- penses of county or state and that the recipient of the scrip was drawing the interest, not the county or state issu. ing the scrip.
 Some difference, is it not, as much as the difference between success and failure, between sound solvent busi- ness and bankruptcy. Will you tell us, do you consider federal reserve bank notes script? Will you tell the people what security lies back of fed eral reserve bank notes? You surely cannot tell them it is gold reserve. Will you tell the people if you have any objections to an increased circul- ating medium of gold? If you have, why do you advocate mining gold ? If you have not, what objection can you have to circulating medium which is secured by what cannot be by one and half times or twice the amount of gold that the face value of the issue or circulating medium represents or would command. Will you tell the people what objec- tion there can be to an increased cir medium if it be sound. Is shere any who would object to an in creased circulating medium if it be gold. You state our country is get ing along nicely. Will you explain why bankers can buy liberty bonds at P and 93 cents on a dollar and put hose bonds up with the federal re- ,orvo hank and Oet fu11 face va1ue On |