Douglas Island news., 1920-12-24
SITUATION IS
 BAD FOR BONUS
Details of Why Secretary Houston Refused Co Endorse One
 McFaddcn Bill

Gold mining m Alaska aud other parts oE Ono west uhero Che nroluc- uou ot emune metal s one of thc r..r-u .I nlu.uIc. win continue to aneusb lIt dencnIs upon David r. uous.on sOcreau ol Che .rcas- ur,. Cor assistance says 70 recent Washington dispatch to tao Seattle Um- In hs rero-, uci recently. Nr Houston goes ou record as be- re opposed .o the enactment ol % law calculated to relieve Che dcblI- nul condition into which Che m- Imr, Has l.ucI Production likely uH .oauae to be restricted
 Gold production legres have re- r..l themselves downward by at r.a.. -0 per con, during Che past a.l r..-. Lkc many other i.Is from which He world e suffering. m. r.s attributable .o thc war; ln f.If tn. cost o. .sHo- .ool dyna- mr. M.r..I H.e. acids and ....- .....r.. %. eou mining a.r- blamed. Inn. t.. price O, gold reuaIu- .I t.. sam. old standard 'ete. of ..nr.,.n...r SEQ am ounce Mine nur.r. could not produce gold at a r.... arl hundreds ol aem did Che m. sensible uu- under Che .I. .ur.n.... which was t1 close down nI watt and hope Tor conditions Go u..u...e tHemr..r..
 The American Mining Couue
 and ,.c American Bankers Aaoc.a- ..n rca.are bat In spite ot an H.. could lo. rr.. o. gold mining .nu.I. ruar.I H-U held tNo rr. and solemn r..oroulums on tr. un... Tho mine owners vant- eI Io ..t h... to work. and .hc baHs- .r. n.r.e. .he raw gold ,o make ..nu... ran smoothly These cone ..t.. ol thought developed thc .ae. t... United states mHt ve.. selling n.-. Hm HaI Che gold produced 1T. .r..rr manufacturer. at SEQ am
 r.. a.. developed hat while. m. mI H m. worlds Icve'rv s mad. u u. .nuntrg tae Iobbue mars.. ..n..- for aru.I.s ot alor- r.Ht ..nn...I o. precious metals Us. m Hars anI .I.Hla-a tae resident. n. ma. .- uor. .H.eeI In war a. ..e .m. t.or k.n. a thrE o. o. m. -oa.proIu.uon costs and soon
 r.. H. ea- began raised ,le Job bue nr..e o. gold i.H.y from a. .un.e .n n f.0.oHr.. tlss
 m. Unto. sat.s nIh us weI- n.e. a.ra.u sold Che gold to Che. American ......e. al f-0 aH ounce. and th. r.r.au Ioauer immediate Ir .II.I a nraHt %. -0 DOT cont As. u..aI .a. poor consumer. or u tu.s. .... .ae a..r.r paid H. difference Tn m. m..H.H. gold production as. u-. Tn n. United States and an o...- nr. %. Che world for Chat ma.t.r E.nt eoHe ar,h. and ar-| I..r downward.
 u. banker. and tle miners cou- .u..I something eaeH- t1 ba done about t m. miners wanted their. rror-H.. at work and .here s aI-. u.r. r... margin o. profit lor .lc. banker m converting raw gold into. bullion SD tteg devised a plan un-. dor which Che mne would sch an ea.. .l be a..I .H tfe arts and crafts at ss. an ounce. which would give tH. -.unu.rt n.tead ol rae FrH.I I.ne.r. InrHer.. % handsome profit which could he expended u paving .n che miners bounty ol fl. ar ounce and .lus enable chem '. carr. e. tH..r business at a profit
 n, carry oat hs plan legislation HH. r....I. IT was hoped chat N- Houston won't. ndo-e Che bu t.at Ha. n--.Iu. nut he refuses l. .o sa. and a. r.m.., win prove ..m..Hnt oI n holsh.uN to those who wen. placing .nar Uon.. I'm Che r..-e ol Che measure. tor. although trn Congress Is Republican and Mr. Houston s n Democrat. Che cabinet. .r.... nevertheless not v.hor. nur.r.. The act H chat che problem Is worry Involved onc have .rs .o lo N.t. .0-..-H commerce. cN- oh..re gold uu..rls and many other things Chat .aH. eongroameu and part ol tHc .aIr do not readily understand. and tae .oHeresmen win taEr ra chances TFoy win ahe Che word ol tl. man who s supposed to know aI about such things namely tr. #.rearr or One treasury
 VT H7HHI0n 0NHr. tHe 0DHou h.t u. enactment ot ths law win m.....-. w.H Che gold standard He