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Show REIGN OF PEACE I COPPER CAMPS Producers Forget Past Troubles Trou-bles and Work Together for Common Good. VISIT OF RYAN PARTY Was Merely Evidence That Big; Interests Believe in Pulling Together. There has been some speculation indulged in-dulged In regjinllng the significance of tho visit to Utah by John D. Ryan, president of the Amalgamated Copper company, some people evidently believing believ-ing that there was more behind Ihe visit of the Ryan party than appeared upon the surface. Those In a position lu Judge such matters do not believe, however, that there are any big deals pending In Utah with which theso visiting gentlemen gentle-men have an interest. Big deals are peeled, sliced, boiled and served In the east. Big Intorests do not themselves visit the properties Involved, thnt being the part for their engineers, to play. But It Is agreed that the visit of these important capitalists to the. western porphyry as well as vein mining copper fields has a deep significance these prosperous pros-perous copper times. It has not been very long ago since the porphyry copper cop-per Interests wore of the opinion that their costs of copper production would be so low as practically to put tho vein mining districts of the west, out of business. busi-ness. Copper could not go too low for theso porphyries, for their low costs gave them a tremendous advantage over the higher cost vein producers. Production Increased. The vein mining interests answered these statements by asserting that Lhey could reduce their costs, and then proceeded pro-ceeded to accomplish this, that the so-called so-called porphyries were no great shucks anyhow, that tho vein camps like Butte would be producing profitably when the porphyries were dead and burled. If It was to bo war to the knife between these two classes of producers, tho vein mines would face the foe with firm heart and wrist. Production began Increasing at an evidently alarming rate, the price of copper began dropping to such an extent ex-tent that the world began to protest at the mining of such enormous tonnages of American copper oro for the purpose of providing Europe with .cheap metal. The conservationists especially saw In this an Item worthy of especial emphasis. em-phasis. The expected then happened. The two classes of producers began figuring that It was hotter to forget the war of extermination, ex-termination, to shake hands and follow the old nrccent that all thlnss work to gether for the good of those who love each other and pull together. They could not go too far towards controlling the market for copper, for the trust busting proclivities of the government were on edge and It was a dangerous proceeding. But tho producers could cur-tall cur-tall their output, which they proceeded to do until the domestlo and foreign stocks of the metal became so limited In the face of Increasing consumption as to create alarm lest copper succeeds lu climbing above the slxteen-ccnt mark. Good in Everything1. So Instead of crowding their production produc-tion to such tin extent . that the low price of copner would drive tho vein mines out of existence, tho porphyries curtailed. Instead of burying the porphyries por-phyries and knocking their financial Clans, tho vein mining Interests began uying Into the porphyries themselves, thus Indicating their conversion to tho gospel of the gigantic low-grado proposition. proposi-tion. Tho producor began seeking to protect his own Intorests instead of playing play-ing wholly Into the hands of tho consumer con-sumer and to encourage the consumer to carry the surplus copper for the first time In recent history. The big copper interests are together as never boforo, and that they aro to stick together for the furtherance of their own interests Is a self-evident and logical conclusion. To promote the welfare wel-fare of the metal Is to further tho Interests In-terests of the producer of evcrv description. descrip-tion. In the promotion of this cordial relation between the big Interests, all tho means possible of encouraging unification unifica-tion are welcome to those concerned. The recent visit was merely one evidence evi-dence of the new order of things. |