Mohave County miner and our mineral wealth., 1920-11-20
HAPPENINGS AT THE AMERICAN
 MINING CONGRESS IN DENVER
(First Day)

LIEN Eh, NOlO., NOV. lo'~'Noiu miners "are engaged in a hand-to- mouth existence" and the output of gold has decreased two-thirds in five years, George E. Collins, governor of the Colorado chapter, told the Amer /ican Mining Congress at tonight's session of the twenty-third annual convention which opened here today.
 MT. Collins said the gold output in the last five years has fallen from $22,000,000 to $7,00O,000 year, "and the bottom has not yet been reached" ""The nations gold reserve" he said, great as it is, would not begin even to meet the victory notes and war sav- ings stamps which mature early in 1923. He added that the relative strength of British exchange is, "it seems clear" based largely on the steady stream of new gold produced from the empire.-'
 In his annual address, President Bulkelly Wells said the congress had been active in supporting the McFad- den bill for relief of gold producers.
 He said the organization favored a "more liberal application" of the war minerals relief act; development of the standardization of mining equip ment; more favorable terms for use in the mining industry of the flota- tion process of ore separation and solution of the transportation prob lem.
 Turning to the labor question, MT. Wells said:
 "Quite apart from consideration of party politics the recent election served notably to affirm the belief of our people in our form of government. It demonstrated that the vote of or ganized labor cannot be delivered in support of candidates of socialistic or more radical beliefs.
 "But in the very decisiveness of the victory, there is grave danger that we allow ourselves to relapse into a state of fancied security. The sinister forces that seek to undermine and overturn our government are at work ceaselessly.
 Must Fight Radicals. "They are well organized and strongly financed. Only through sus- tained effort, unbending vigilance and grim determination can we hope to de- feat them"
 Pleading for a recommendation by the American Mining Congress for re- establishment of the War Finance Corporation, Eugene Meyer, Jr, for mer general manager of that body, told the convention the most impor- tant commodities of the country are "backed up at the ports, failing of export"
 He said during it's career the war finance corporation had loaned about $4O0,OOO,000 of which about $2S0,OOO,- 900 has been repaid"
 The workings of the Kansas indus trial law were explained to the con vention tonight by Frank Dumont Smith of Hutchinson, Kan, repre- sentative at the convention of Gov ernor Henry J. Allen of that state.
 Greed and the lust for power, aid ed and abbetted often times by down. right stupidity on the part of capi- tai have stimulated the creation of similar energies and attitudes on the part of labor," Dr. Charles A. Eaton, editor of Leslie's magazine, said in an address here tonight.
 ''To the brute force of capital we now have opposed the brute force of labor. The greed, alleged or actual, of the old time capitalist is now more than matched by the greed of organ ized labor.
 "We had, generation ago, an in- cipient tyranny of wealth. It was broken, by the iron flail of public opinion We are threatened today by a still more odious tyranny of labor, This tyranny also will be broken for Americans, if they have an American soul, will not permit any tyrant, po- litical or economic, to rule overthem.
 "We can achieve mutual under standing, confidence, respect and CO., operation between employer and em- ploye if we pay the price. That price I conceive to be: . For Industrial Peace
 "First, a get-together attitude on both sides. Do not wait until trouble begins to meet your men face to face and man to man.
 Second, let employers begin to do voluntarily for their employees what the labor union now forces them to do, provided always the demands are just.
 "Third, establish the proposition in practice that the management is equally interested in having both em- ployes and stockholders make money. We cannot permanently have one class prosper at the expense of an other or all others.
 Fourth, put no faith in cure-alls. What is success in one industry may fail in another.
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