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Newspaper
Wallace Miner
Location
Wallace, Idaho, United States of America
Date
Jul 08, 1920
Page
2
In Wallace Idaho the Wallace Miner was entered at the post office as a second class mall matter indicating its mailing status and classification for postal handling.
Oregon State news column outlines Idaho silver output and values under the Pittman act. It traces production, prices, and total value from 1906 through 1920, noting Coeur d'Alene district dominance and projections of 10,000,000 ounces annually.
A London Times correspondent reports on Australia’s long running government ownership of railways. He notes wartime experiences showed higher costs and less service, with insufficient expansion and upkeep. The piece argues the experiment’s failures were not due to wartime conditions and suggests further evidence from Australia.
The United States Geological Survey will start investigations in southern Idaho to gauge oil development potential sparked by drilling near Payette and Oakley where wells show favorable conditions. Oakley lies near the Twin Falls county line with a depth of about 1100 feet. several more wells are planned and nearly ten companies have filed to exploit oil resources in southern Idaho.
Senator James A Reed of Missouri faced denial of his seat at the Democratic National Convention due to opposition to the president's league of nations. Despite being twice elected, Missouri officials voided his election, prompting a renewed local vote and Reed's attempt to attend in San Francisco. The national committee ruled he was not entitled to the seat amid White House influence.
Senator Warren G. Harding supported the declaration of war against Germany not from sentimental missions or a aim to “make the world safe for democracy.” He cast his vote based on broader strategic considerations and national interests outlined by contemporaries.
The 1917 Senate debate is cited with Senator Harding explaining his wartime vote as defending American rights and liberties. He argued against internationalism, stressing plain Americanism and preservation of the republic while supporting Europe’s democracies with U S resources.
Frank A. Munsey, once a Bull Moose progressive, explains backing Senator Harding after attending the Chicago convention. He says Harding lacks genius but is a practical, level headed leader with a strong Senate record. Munsey praises Harding as a sound, safe man and a capable president for the White House era.
The American Mining congress proposes a Denver convention with Washington HQ to align industry postwar. It will include mining and manufacturing interests organized labor government and the public to calm unrest, stabilize industry and boost production. Sessions will study uniform mining laws workers compensation acts and state regulations complicating development. Financiers and experts will discuss mold and silver mining issues amid past failed legislative remedies.
Biography style notes for Warren G Harding and Calvin Coolidge from an historical record outline births, education, early work, political rise, and key milestones. Harding’s career spans Ohio politics to U S Senate and 1920 presidential nomination. Coolidge rises from Vermont to Amherst, Massachusetts politics to governor and 1920 vice presidential nomination.
The American Mining congress has formed a national tax committee to consolidate tax reform efforts and push for a simplified law to cut government administration costs and ease tax return preparation. The Denver convention dates were set for mid November to avoid campaign conflicts and have findings ready for Congress in December.
The Los Angeles Times notes Attorney General Palmer’s usual Saturday announcements that prices will drop. The piece contrasts the weekly optimism with Monday gloom as prices rise again, then Saturday returns with another rosy promise.
A poem extols the man's duty to remain cheerful amid grief and care. It praises inner strength, kindness, honesty, and perseverance, asserting a man must endure hardship without losing hope or cheerful spirit, even when fate tests him.
The United States fixes a minimum price of one dollar per ounce for mined silver for likely five to ten years. The piece argues silver mining remains highly attractive to investors as supply and demand push prices higher with limited domestic purchase and strong world demand. It notes production figures and Pittman act implications, predicting long term profitability and continued investor interest in silver stocks.
The Pittman act spurs silver sales, with 1,500,000 ounces sold to the U S Mint and the Treasury directing purchases of 207,000,900 ounces at one dollar per ounce. Rocky Mountain districts anticipate prosperity, Tonopah mines aim to regain momentum, and major smelters like Anaconda and US Smelting are highlighted. The piece notes opposition attempts and calls for protections for miners and against cheap imports.
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