Show NO LEAD COMBINE LA Senator Kearne Says Say That Tat Scheme Has H Been een Tried Tied Without I Discussing the report that the lead producers of the country were plan planning planning planning ning a clo clos corporation to protect prot ct I themselves t the lead trust said to be forming within the ranks of or the American Smelting Re lie fining company Senator Kearns stated yesterday hat that there was no new now move on foot toot that he knew of We Ve have been trying for over oer a atar year oar tar said sk the senator to get the lead ead I ad producers to stand In for mutual benefit but the scheme seems sees impracticable impracticable I believe the law of supply and demand Is going to determine to a great extent the future price of or lead and as this his country Is now producing some something something thing like 60 tons per annum more than ban It consumes the producers ra will wi eventually eventual have to stand a rebate that will wi permit of ot that surplus berng mar marketed marketed marketed brod a For the balance of this year nearly all an the heavier producers out here are safe as they have con contracts tracts calling for settlements at an established price When next year ear rolls rom around arund and these contracts contract expire it Itma may ma be h different but ut for the present I 1 look lok for tor no change chane Senator Sentor Kearns Kerns does not take a a at all an and gloomy lomy view of ot the situation from rom his hil remarks It I was plain that he did not look lok for any unreasonable ac action acton action tion ton on oil either the part pt of the American AmericanS S Hing company or any combination form torm to handle the lead led prod product product product of ot the country countr He was WA of oC the opinion that matters would woud adjust themselves during the th winter winte and if It t operators would probably hit on a plan plano lan lanto to o production for a few months and ind an allow the accumulated surplus to toi tobe tobe be i e us u used d up |