Show CHILE COPPER MAKES BIG IN 1918 D During lI the year ear the tle Chile Chie Copper ma made e two monthly records s with wih pro productions each more than titan poun pounds s. s Tho The following Is th tho minus mines monthly record In poun pounds s in the tho past pat three years cars I. I Ins 1017 Ini 1916 January 77 February l March arch 00 O April T May Mal la I S. S GC Juno 1948 Tul July Tuly f. f i. i 37 OO August September October r y November ember December 10 0 In lii connection with Chiles Chile's Chles December production It was officially announced announced an an- flounced that thal the prot production eton he beginning with Januar January will wIl b be materially curtailed curtailed cur cur- taie tailed until normal conditions conditions- ore are re stored restored In the copper market or both at the discretion of oC the court De Dealers rs are arc prohibited from froni offering for tor sale any securities except those that that have ma made e the tho proper showing howing before before be be- fore foro the he secretary of ot state stale The Te matter matter mat- mat ter to be be submitted to the tle secretary includes a a copy cop of ot the security a a copy of ot an any prospectus or advertising ad matter matter mat mat- ter proposed to be issued In connection lion tion lon with the ha sale of Oc such securities a statement In substantial detail of ot assets an and liabilities a full tun statement ent of ot facts aels verified b by executive officers showing gross an and net earnings for tor the tile preceding year I if tho tile corporation has been in existence for that period provided provided pro pro- vided that the secretary may mar demand statement covering co a a. a longer period and ald that he lIe ma may also mal make mako e an ex examination ex- ex b by accountants at al the cort cor- cor t n n nv n n m 1 l u J dresses of oC officers and directors director purpose purpose purpose pur pur- pose of l issue su and description o of property property property prop prop- erty and business to bo be followed I Exemptions are provided pro for fOt mortgages mort mort- gages sold in their entirety corporate corporale securities Issued un under er the supervision I of or a state or 01 national commission commercial paper and acceptances eligible for tor re rediscount at a fe federal cral I and national bank banle I reserve reser bank ani state slate stock securities and trust company compan listed on such stock stoel exchanges and In 1 such stan standard ard manuals as tho tito secretary ma may approve aIrO or bonds or 01 other evidences evi I deuces dences of or indebtedness of or tho the United States 01 or of any municipality or public corporation of oC such government o state 01 or territory Deep stud study will wil not be necessary to convince anyone that adoption of or such sucha a n measure l h by the tho state of oC Washington would be ho the death knoll of or the lie mining mining business s. s No o mining corporation seekIng seeking seek seek- be he beable ing lag capital upon a prospect would woul ablo able to comply with wih Its Is demands But In our opinion the most vicious provision provision provision pro pro- vision is hi that which places unlimited power 11 the tho han hands s of or tho Uio man and gives him Mm the thc rl right h t to say whether or not another may conduct business In Sn Inthe Inthe the state flate If I a dealer bo be engaged In legitimate business ho should not bo compelled to ask anyone's permission while If Ir h he 4 he cn engaged aJel In III illegitimate business there are plenty of oC statutes I to cover his delinquency Mining Truth has already shown its is colors In the lie I matter of or exposing dishonesty In mining min II lug ing promotion and In demanding punIshment punishment pun pun- of or the Jull guilty i As n a a matter of oC fact it has done lone more to discountenance corruption than any other othe agency In Inthe Inthe the he state of or Washington ton It I b believes level the laws are ample amplo to copo cope with wih an any delinquency and decries any attempt to further cripple and bedevil e ci the lie Industry that has created Spokane and 11 so 50 largely largel contributes to lo the prosperity pros pros- of oC eastern Washington Wo We 0 should bo ho 0 given a chance chanco to 10 catch atch our breath without further restrictive le legislation leg leg- that can do no good and ma may maydo maydo do to Incalculable harm C Certainly no emergency for such legislation exists exists' In fact tact thoro thero Is no emer emergency ene for tor an any new law except ono One of ot blanket proportions ton that will wl protect ia us Ut all al from long longhaired longhaired loni haired |