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Show March The Western Mineral Survey, Salt Lake City, Utah 19y 1943 computing percentage depletion, etc.; was expressed in a floor debate between Senator Johnson of Colorado and Senator Thomas of Idaho. The treasury, however, Is ignoring this, and Insisting on deductions from gross income which seriously reduce This the depletion allowance is of particular concern at this stage to companies producing gold and silver by the cyanide process, and to producers of certain strategic metals, notably Efforts to obtain quicksilver. a proper interpretation are g vigorously pursued. Relief was obtained from some of the provisions for renegotiation of w;ar contracts, including the exemption of raw materials, defined to include products of been mines which have "not processed, refined or treated beyond the first form or state suitable for industrial use." TARIFF CHANGES Existing tariff protection on a minerals was wide range of when negotiation of jeopardized trade agreements with Mexico last and Bolivia was initiated spring. Our position, as expressed in briefs, in personal appearance before the Reciprocity Com-mite-e and in further conferences, was that there was no objection to the temporary reduction or even complete waiving of duties on metals and minerals if such action would expedite war production; but that any such speagreements should carry cific provisions whereby the full rates would be automatically restored at the conclusion of hostilities.- We pointed out that a .. reasonaijje post-wa-r Protection was essential in order Mining Congress Reviews 42 Activities t By. Julian D. Conover that all equipment! matters pertaining to the min- Secretary, A. M. C. (Reprinted from the . Mining I Ing industry may be cleared Congress Journal, March, 1943). through this one channel. 'The. Mining Congress work in) MANPOWER the past year has beat devoted! almost entirely to matters con aH cerned with the war program. pjn Juanita : Our objective has been SitiSy hw?ees widy war and . construction projects. ire CinameMopVnn8eaSrt plants been a major deterrent to full of labor production. The effectincurt&ili meeting the new &nd difficult ,8hort&Gffis is first seen conditions of timeoperation. w hav with dopment work, which in- I pended I bo . i itn be-in- two-fold- 1 -- E Bonds may be pumhased at banb, savings and loan associations and post offices; also, from the Federal Reserve banks and direct from the Treasury Department. Bonds are being sold by many organizations, including Mm onions, and ll in offices, stores, and factories through the Savings Plan. I -- &uj To Bay Scries 1 1 Pay-Ro- the post-wa- r period. Naturally there.have been more new problems, more changes in regulations and procedures, more shifts in official personnel, and,.. i!! wit more need for service to the min--1 I ing industry, than ever before. To discuss the year's Work in ?? detail is quite impossible and no doubt unnecessary. Our regular bulletins have carried nearly 500 cei5ti .n a5f rrr informa-- 1 pages of closely-packe- d cov were issued directives tinn povrin? W&shlnflfton dpvpl-- 1 J . amFprogress 7 ffSKtSSS Softiotphsg U. S. War Bonds may be placed in safekeeping; without charge, at the United States Treasury or at Federal Reserve banks. RodoomoUo Series E Bonds are redeemable any time after 60 days from the issue date at a price equal to or greater than the purchase price, depending upon the length of time held. They are available in denominations ranging up to $10,000. Owners are limited to $30,000 (issue price) of Series F and G Bonds, either alone or combined, issued in any one year. hfrh tn Bonds can be registered in the name of one individual, or of two or of one individual and another person individuals as as beneficiary. Lorgtr Bonds U. S. War Bonds Series F and G, which mature in 12 years, are designed primarily for organizations, trustees, and large investors. 1 your . organization. The Mining Congress Journal has carried the Rsgistond U. S. War Bonds provide a simple way for every American to help wio the war, halt inflation, and saw for the future. Tbru-Vo-y SS& mines, which had manpower controls and of limi-- . lems .of smallthe to real value government and IKS tations upon labor organization office have multiplied, as mining of members all-ocomimee IK.. 7 an to the industry. which mining activities men have sought information ' hamper - I perattacks upon SSfcJgfa war effort loom ahaad Repeated and assistance in these matters, , PRICE CONTROLS Hence a brief review at this time Mines, U. S. Employment qLl? "production of war min. controls on mining s prod-- 1 ttataSre?Sncmn,2S?1tritt should suffice. price 1 Commls-ice and War Manpower ucts havebeen asubject ofcon--1 the 1942 Revenue Act. At com-- 1PRIORITIES re- y bringing constructive Al-tinued controversy. Tlie mining mittee hearings these were an1 the committee by state mm-The problem of securing equip, I suits from these conferences. 1 witness-hnot seeking higher swered bv eietit mining aSSOClatfonS fep- aSSOClStlonS. ment and supplies for our mines, though the directives issued ur.- - indlistrvand & unhesitatingly sac- - es. from California, Idaho, Utah, ing profits mills, preparation plants, smelters fortunately are not mandatory rificing its best reserves without Arizona, Oklahoma, Illinois, and "ShS? and by SSSSL CTf and refineries, end materials for receiving a normal return. It west Virginia. A special pamph-ences and personal visits to our I V ,.v . I I I ut SSl" 5. fi fS I I I I - creased. Our position has been - that mining must be placed on a par with munitions, for without raw jntterlato tlw whole war program would collapse. We have worked closely with WPB and its Mining Equipment Division (fonnerly Mining Branch) to maintain this ' principle. The basic . importance .of min- Ing has been Increasingly recog- nized, and except in the unfortu-- 1 case of the gold mines there been few, if any. stoppages mine production for lack of materials; At times, however, manufacture, of essential mining equipment has been threatened .with a critical shortage of cer- tain materials. Hard work by our Manufacturers Committee ha been required to meet these cri- ses; and as tighter andtighter controls are exercised,- - the Min ing Equipment Division needs the active support of mine with all previous foreign trade de-smpt to consiaer i pacAnahia return for the risks I duties an employers personnel prob-- invoivei. Although gSSrt'SUSSSSS-lem in an over-al- l manner, but "'XV to conoer. lead and zinc, I several lead and zinc items tnThe we have pointed out that their andlare reduced, it is stipulated that InflnTthT value la largely academic whom aSd S5SfsJS?USSn these cuts or a major part J"? there are no replacements avail- are to be restored following tlie announced its I thnatl0? able for toe men thus scheduled mtoeral! - Present emrgency. As to duty Price Plan, to bring out I for Induction. and on fl.mrsnar nerTeneP and reductions lower from cieDletion grade producUon titled t0 I , SSJUngTthe giun? - SrSS eraUiat SnSfttS 1 1 From- toe outset all major L.her cost gDuring the year branches of mining and mineral tj plan has been liberaUzed in treatment have been included in several resoects through reduc-- 1 the lists of "essential activities" Uon of original quotas to com- issued by the War Manpower I pnsate for higher wages, lower Commission. To the extent that ot ore and other factors; McNutt s order of last week to I jade fhrouglt increasing the percent- -in an essential industry age metal content used in comor fight has any effect on min-- 1 putln the. over-auot- a production; ing, it should be to bring more through extending the contract recruits. term for an additional year; and The4 manpower crisis In vre&tr- recently through setting up B ern minea.was vigwwisly presentd premium levels for zinc ed a ; toe Reno to permit production and a fna g g from still lower Denver hearings grade ores. This whole nqnttte over loss of at our Western DivI- mines 1 to inferences here in si(n War Conference, construe- htc5 tire remits from which ,re P- I maximum plan for the western strategic . mineral Met - Q-- wk I ai Upon motion of ways means committee member, Wes- ley Disney, the requirement of I r a binding election as between cuts, any escaped duty the .percentage and cost bases I ductlon Tungsteni likewise, for depletion was removed, and caped a threatened duty reduc-o- f election an automatic annual tiQn under a trade agreement aJ concluded vlth Peru, although This establishes provided. mining in--1 right for which the over in jeopardy under toe Ig gti Bnce I Dronosed contended has dustry Bolivian Agreement, percentage depletion for mines 1 powers first th was adopted in 1932. vct tariff eiuties are being waiv- Under the excess profits imported also gave substantial bv but the thS?7u3i S5oii to the industrys s receS assurance nroblems. win not be sold below The 1940 provision exempting! thi established prices in this wal re-na- te I es-ha- ve I I a?rZEfmm7e rSjt JS 1 informal Op- - tion of this plan has been bene-for coal min-- ficial in reducing labor turnover. erades eased in certain In- - !SthSaLf I I 9 le.ad, SmSw'u We ent Congress. m have pre-erS- J !f!liprthnS)n 1 egurdsarne sacrifice against indiscriminate also industries; nTmrsVar' nnd mYnranese ores I Protect mines v'n,lcn liav; Bf5pof domestic erais resDectivelv. We are work-- 1 to be strengthened and may be - extended to other critical labor- commitminthese fiTbenSffi with of and for substantial ing actively I trwties. and as such Sould fat tees. A. S. Knoizen, head of. the shortage areas. and metallurgical products g ing .tre be made subject to ratification Action by the army to relieve When sold to Metals Reserve J Mining Equipment Division, and which formula furcame the with PJ?8 by the Senate. Wilbur Nelson before him, with this situation company. OPA is presently in- sponsored reduces the for soldiers of ST. LAWRENCE PROJECT 4,300 ressively built have up, toughing the fine staff they creasing coals maximum prices life mines. A special Active opposition to the pro-have been a bulwark of strength work in the mines. Army officials to COVgr increased costs due to or mines Iron and coal formula for the taken have position posed St. Lawrence Waterway week operation and other 1 recently in handling our industrys needs of the unit prof-- and power Project was maintain- exempts one-hathat these men should remain sIxay factorl and keeping it on even keel. it on the excess production. New The project was finally In the mines. The army has also and 3 Our basic un-re for mines only abandoned provided Orders have come through toe fostered a morale campaign to by its sponsors for As with pilces, foxes may large-- 1 der certain conditions. of toe war, the fu- the ordeals of PRP and CMP some- - cut down absenteeism. With the period can whether determine imnes base 38 the. to ruie for. draft A ly of oration the averaging age still nerai unbowed, what battered but lowering being delivered bymeet war needs. rar- - period income - was adopted the at a press conferPreference ratings have been years. It has set up a procedure produce to president with cent of 6 within tlcularly comes to which return the per have for industry raised progressively and ear cnce produCTIOX f the been kept reasonafcy . well to-- men over 38, and has recently which taxes are ram oe applied amendment Cf the late Senator The work of the past 15 years ward the head of the procession, waived the requirement that and bl e, and t ha t tne spe- for be must ob-- trained replacements Provisions rMna been has treatment pitman. in Key modernizing coal mine prac- Special Ueneral relief were improved, tices, in which our Coal DivifltSnSS tained under certain limitation available. .. 'of the mining was "carry-back- " The success at recent whichVfolA two-yea- r has taken a leading part, orders, such as those on lumber,Vr ageto the addition carryin trucks and trailers, rubber prod- slons between WPB, the shown yided has its value in the pres- Se ln lndustry ae- forward, of operating losses and ent ucts. fuel oil, etc., although many Hour Division, and toe Bureau still the The immense emergency. great extent of govern unused excess profits credits, of these orders are still a thorn of Internal Revenue, resulting in spite of coal today required tonnage cannot ment n financing, thU8 allowing bad years to be ! could not possibly be produced In the flesh. The bewildering approved form of mining if risks the all inlocation Classification System, lease under which Soa.1,. Si Sm of retorn. Pffst against vears of higherwere had mechanical methods of I comereturns Consolidated with its complicated bookkeeping, , i4Liand W in not been developed to their 1 Commit-Tax I I as well as I was not applied to raw mate-- 1 income for apply. B. permitted stage. Our Coal Division Chairman teeunderHenry I excess . . tax. Annual dec-- 1 present rials, and the whole system was sible toe resumption of the block profits committees, composed of the In stock lamtlonof v.lue.a. finally scrapped. Although tanr-- 1 tearing capital and It. of . I aaIfed; eeP lf P-5- P-5- P-7- three-out-of-four- -y - pro-jslo- n nai Al-a- 'rkofovr - I 1 .rftton to' supply E'Jble I S Meklcanlim'S and Means in the southwest I Committees, and special nS . 1 pSSal aUy and mak- - 0??" was reduced from 5 to 3 per duction in the face of manpower The material shortages. hearings cent, with a flat rate of . 4 cent j Finance I was requested,. dal security tax ,' and I participation and rela ted plants" and over most I senteeism short Infor-ledI of the manufacture of mining restrictions on labor efficiency - These developed specific of The ienUon toe effret maUtm concerning probequipment. This division has present many hasunsolved - to the - taxes upon arouswith parmeaning become production, lems. well. It Congress served the Industry 1 should be maintained and ex led, and discussions of- - tighter ticular reference to toe prob-- come from the work-weeks- ite, sd rate was adopt- - federal and state inspection and activities. of Confess as of the critical Im-Recognition ln- of See REPORT on Fage 4 for property, anti-sabota- |