Depletion Allowances for Fluorspar: A Call to Action, 1945-10-05 - 1945-10-05

The letter is discussing a bill introduced by Congressman Schwabe relating to making depletion on fluorspar permanent. The Colorado Mining Association believes that the action taken by the Legislature of Colorado should serve as a model for federal legislation, as Colorado allows for a 40% depletion allowance compared to the 15% allowed in the federal act. They suggest that the mistake of making the provision temporary in the federal government's legislation should be corrected in the new tax law. The letter encourages Congressman Schwabe to push for the passage of the bill to make permanent the depletion allowances on fluorspar.