A Hundred Years of Rip and Roarin Rough and Ready By Andy Rogers (1952)(Hathitrust) (117 pages)

‘and then It i country is on the increase, but customs officials are alerted to examine anyone wanyou can buy and sell gold legally. 8 said that smuggling gold out of this dering around the docks as i lead in their pants. # they had Some countries, mand gold when they _ ea pat tans yo © a beating from the low valuation of gold. If the Treasury Department hiked up the value per ounce of U.S. Gold to some~where near the world market, we wouldn't be taking such a beating. Gold buried in Fort Knox and elsewhere backs up less than 10 percent of our money in circulation, and this does not include the billions of dollars worth of government bonds extant. While the foreign countries build up their gold reserves, our are depleted. It is also claimed that the U.S. has lost the equivalent of 30 per cent of all gold produced in the United States during the last 150 years. If the British can hold off for another twenty years, maybe we can get more gold mines operating in the United States, so we can build up our supPlies again to another raid on Fort Knox. Just to think, here we are at Rough and Ready, Nevada City, Grass Valley up to Columbia Hill, just sitting on five hundred billions of gold buried in the ground. (However, it may be safer in the ground here then at Fort Knox.) I understand that one of our large mines is selling gold to a Chinese Bank in New York, and receiving $40. an ounce. Seoretary Snyder of the U.S. who is blocking our gold return for paper money, is asked some important questions, and is waiting a reply. A Senator states that Snyder pays foreigners $70.00 to $77.00 for gold. California, who found gold, got rich, but today it's an even bet that the miners who dig for gold will get poor instead. Another U.S. Senator says, proper committees of Congress get busy and find out exactly what goes on between the Treasury and Foreign Gold Producers. Present Policies of the Administration have practically destroyed the gold industry in California. Administration purpose don't make sense. Miners Resolution to Washington, D.C. in 1951 Praying for action. Present regulattons of the United States Treasury permit foreign citizens, foreign banks, or foreign countries to exchange and convert paper cur~ rency of the United States into refined gold at a rate of $25.00 per ounce, which right is denied to American citizens by the Federal Statute, which prohibits citizens of this country buying or holding refined gold. Foreign agents are encouraged to convert our paper currency into gold from the U.S. Treasury by a selling price of $70.00 per ounce or more, which they can obtain from several world markets. The amount of gold already withdrawn from the gold reserves of the United States since the end of 1949, in the present scramble for gold from our treasury, exceeds $2,250,000,000, and the total loss of our gold reserves will total more than three billion dollars by the end of this year. The present mad rush to take gold from the treasury is causing the United States to lose much gold in every week as the nation is now producing in a year. The policy permitincluding Russia, debuy anything from them, u and I as taxpayers, Treasury, 111 Googl C ting this heavy drain on our reserves amounts to a foolish subsidy on the part of the Administration of this country to foreign interests, profiting by world gold transactions in double value, or more, from gold obtained from the U.S. Government. The hugh sums in transactions for the conversion of paper currency into gold, has already taken from our treasury the equivalent of one-third of all the gold produced by America in 150 years, and whereas, the tremendous profit possible in billions of dollars therefrom, may have sown the seeds to corruption among U.S. Treasury Agents. The Congress of the United States should enact legislation, as well as protect the interests of the people of our country, for secure and judicious handling of the gold from the Treasury at less than a world value determined therefore. The present policy of the Treasury, permitting for foreigners to exchange paper currency of the United States for Treasury reserve gold at half world value, could be mildly described as asinine, to use the current Washington classification except, that the word casts an unfair reflection on a Missouri animal, too well known for sensible qualities to have part in the witless and zorenia dissipation of a nation's gold reserve, when important to financial security in a time of international crisis. Below Rough and Ready on Yuba River, five large dredges are operating this day, throwing up pay dirt. The dredges cost about one million dollars to build. One of the largest dredgers is operating there. About $20,000.00 is frequently hauled out to the Mint. The impartial verdict is that the prospector has made finds that were developed by the white collar student of minerology. Revival of copper in 1951 may be in the making. After twenty years lull in copper mining, kiddie banks may not have to be robbed of pennies now. One and a half million corporation is to start digging for the scarce material. Besides, at the copper belt, below Rough and Ready, another outfit is testing for copper. Yellow Jacket Mine swings back to Bonanza Gold. Now 1950, word comes that the mine that turns back to Bonanza area overnight a pocket ylelding eleven pounds of gold valued at $6,000.00. There are others popping out of late. Ag this story hinges on Hey Day events and lack of many romances, don't think for a moment that in the old Forty-Niners fights, dancing and digging for gold, they made love not only the short and sweet way, but made love the hard way. Romances took them across the plains on six month trips, they made their pile and went back to get the loved one, and another six months of time of their life spent. Men were knocked down to settle to the earth. In those days, Judges did not work crossword puzzles and listen to radios. In . performing marriages, they also had a pistol strapped on their side. Some would say thet the little rascal"Cupid," has done fogged one of his arrows smack up to the feathers. Lovers played many jokes. By having the winner looking out of the top of his hat, pulling the wide sombrero down over his head, wearing his hat as a color. . Robbery of a New Century 1948 Lully Bye. Wheatland Bank held up by three men; they escaped with the loot and shct an officer.

‘and then It i country is on the increase, but customs officials are alerted to examine anyone wanyou can buy and sell gold legally. 8 said that smuggling gold out of this dering around the docks as i lead in their pants. # they had Some countries, mand gold when they _ ea pat tans yo © a beating from the low valuation of gold. If the Treasury Department hiked up the value per ounce of U.S. Gold to some~where near the world market, we wouldn't be taking such a beating. Gold buried in Fort Knox and elsewhere backs up less than 10 percent of our money in circulation, and this does not include the billions of dollars worth of government bonds extant. While the foreign countries build up their gold reserves, our are depleted. It is also claimed that the U.S. has lost the equivalent of 30 per cent of all gold produced in the United States during the last 150 years. If the British can hold off for another twenty years, maybe we can get more gold mines operating in the United States, so we can build up our supPlies again to another raid on Fort Knox. Just to think, here we are at Rough and Ready, Nevada City, Grass Valley up to Columbia Hill, just sitting on five hundred billions of gold buried in the ground. (However, it may be safer in the ground here then at Fort Knox.) I understand that one of our large mines is selling gold to a Chinese Bank in New York, and receiving $40. an ounce. Seoretary Snyder of the U.S. who is blocking our gold return for paper money, is asked some important questions, and is waiting a reply. A Senator states that Snyder pays foreigners $70.00 to $77.00 for gold. California, who found gold, got rich, but today it's an even bet that the miners who dig for gold will get poor instead. Another U.S. Senator says, proper committees of Congress get busy and find out exactly what goes on between the Treasury and Foreign Gold Producers. Present Policies of the Administration have practically destroyed the gold industry in California. Administration purpose don't make sense. Miners Resolution to Washington, D.C. in 1951 Praying for action. Present regulattons of the United States Treasury permit foreign citizens, foreign banks, or foreign countries to exchange and convert paper cur~ rency of the United States into refined gold at a rate of $25.00 per ounce, which right is denied to American citizens by the Federal Statute, which prohibits citizens of this country buying or holding refined gold. Foreign agents are encouraged to convert our paper currency into gold from the U.S. Treasury by a selling price of $70.00 per ounce or more, which they can obtain from several world markets. The amount of gold already withdrawn from the gold reserves of the United States since the end of 1949, in the present scramble for gold from our treasury, exceeds $2,250,000,000, and the total loss of our gold reserves will total more than three billion dollars by the end of this year. The present mad rush to take gold from the treasury is causing the United States to lose much gold in every week as the nation is now producing in a year. The policy permitincluding Russia, debuy anything from them, u and I as taxpayers, Treasury, 111 Googl C ting this heavy drain on our reserves

amounts to a foolish subsidy on the part of the Administration of this country to foreign interests, profiting by world gold transactions in double value, or more, from gold obtained from the U.S. Government. The hugh sums in transactions for the conversion of paper currency into gold, has already taken from our treasury the equivalent of one-third of all the gold produced by America in 150 years, and whereas, the tremendous profit possible in billions of dollars therefrom, may have sown the seeds to corruption among U.S. Treasury Agents. The Congress of the United States should enact legislation, as well as protect the interests of the people of our country, for secure and judicious handling of the gold from the Treasury at less than a world value determined therefore. The present policy of the Treasury, permitting for foreigners to exchange paper currency of the United States for Treasury reserve gold at half world value, could be mildly described as asinine, to use the current Washington classification except, that the word casts an unfair reflection on a Missouri animal, too well known for sensible qualities to have part in the witless and zorenia dissipation of a nation's gold reserve, when important to financial security in a time of international crisis. Below Rough and Ready on Yuba River, five large dredges are operating this day, throwing up pay dirt. The dredges cost about one million dollars to build. One of the largest dredgers is operating there. About $20,000.00 is frequently hauled out to the Mint. The impartial verdict is that the prospector has made finds that were developed by the white collar student of minerology. Revival of copper in 1951 may be in the making. After twenty years lull in copper mining, kiddie banks may not have to be robbed of pennies now. One and a half million corporation is to start digging for the scarce material. Besides, at the copper belt, below Rough and Ready, another outfit is testing for copper. Yellow Jacket Mine swings back to Bonanza Gold. Now 1950, word comes that the mine that turns back to Bonanza area overnight a pocket ylelding eleven pounds of gold valued at $6,000.00. There are others popping out of late. Ag this story hinges on Hey Day events and lack of many romances, don't think for a moment that in the old Forty-Niners fights, dancing and digging for gold, they made love not only the short and sweet way, but made love the hard way. Romances took them across the plains on six month trips, they made their pile and went back to get the loved one, and another six months of time of their life spent. Men were knocked down to settle to the earth. In those days, Judges did not work crossword puzzles and listen to radios. In . performing marriages, they also had a pistol strapped on their side. Some would say thet the little rascal"Cupid," has done fogged one of his arrows smack up to the feathers. Lovers played many jokes. By having the winner looking out of the top of his hat, pulling the wide sombrero down over his head, wearing his hat as a color. . Robbery of a New Century 1948 Lully Bye. Wheatland Bank held up by three men; they escaped with the loot and shct an officer.