Salt Lake Telegram | 1907-12-11 | Page 8 | Smelter's Explanation

I I II SMELTERS SMELTER'S EXPLANATION I I DENVER Colo Cob Dec 11 Franklin Franklin Guiterman general manager In the west westfor westfor westor for or the American Smelting and Refining company comp has denied the charge chorge that the I smelting company was 6 seeking to r retard 1 tho progress of oC the Nevada mines by bv re refusing refusing re- re fusing to pa pay cash for tor ore ott mined In In that state Mr Ir said paid that It was I true that high-grade high ore oro from Crom Goldfield and other camps was wa not being paid for tor forIn torIn or orin i In full b by hi his company compan but explained d that In the tho present condition of or the finances of or the tho country the smelting smelling company finds It Jt Impossible to do differently I I Some of or the high grade 01 ore oie from Nevada Nevada Nevada Ne Ne- vada runs as high as a car In valuation h he said sKid and the time smeltIng smelting smelt- smelt In Ing company pay pa cash for tor or all of ot this Its funds runds would be quickly Quick depleted d and every I other mining section of oC tho country would I feel the effects Cash was being paid vaid for I all low-grade low and medium grade rado ore from I Nevada Ne and other mining camps h b he continued con eon I and 25 per cent of or the value Rlue of or orI hl high grade ore oro was paid on dell er delivery The I balance on high was os paid In forty forty- i five days das or when the ore Is II finally treat treat- e ed The rich richi miner said Mr 11 Guiterman could afford to wait alt better than the time miner minor In m medium circumstances circumstance and the latter was the person the smelting smelting- company compan was seeking to protect I