Show I Investors Watching Watching 1 Utah Efforts arc are being made in Utah to increase minin mining taxes to the point wh where Cc they would make profitable operation of the industry next to impossible This is a situation of the utmost importance import to all the great reat mining states slates and those cit cit- citizens citizens cit citizens who value prosperity and in- in industry industry in industry and industries that have nave made prosperity possible In Ut Utah h mining provides one one third of the states state's tow total I payroll The in- in industry's Industry's in industry's average disbursement for and supplies totals wa wages S 'S freight a year rear It const constitutes the largest home market for other pro pro- pro pro- products products ducts of the state and does docs not com com- compete co compete t- t pete with any of them then If It crippled the thc min min- minin mining in ing mining of Utah the inevitable ble result can be bo clearly foreseen Thousands of men thrown O out of work The domestic market for all kinds of c commodities would be seriously af- af affected af affected The wealth of the state would drop mn materially II At the present time copper mining mining- is on the upgrade Normal Norma growth of the industry will wilt automatically cause it to pay poy more taxes Ship building alone will absorb pounds pound of copper this year Vast building electric railroad and tel telephone phone projects projects make a steady priced fair-priced metal imperative I I Anything detrimental to the min min- minin mining mining in ing reacts immediately against every wage earner emner farmer and industry Mining should bear its full share of taxation but special taxation or unequal taxation are killers in any state for they arc are a warning to in- in investors investors in investors tha that t capital will not receive a fair deal in such localities and that industries c ill ill stagnate ta ate |