Show UNITED Sf STATS AlES CO I OFFICIALS ELECTED TO DOW DOV DIRECTORATE The election electon of ot officials of or th the tho United States Smelting Refining and Mining company to the directorate te of ot s several cr 1 of the Dow companies has met with wih the approval of a number of tho the bl big financiers ot of a this countr country Herbert M. M 11 Leland chairman of the committee of ot Boston I Stock exchange members says Tho The committee was unanimous in I its recommendation for or tho election of oC United Stat States Smelting Interests to the tite directorates directorates directorates directo directo- rates of oC the tho Franklin Frankln and Indiana com corn panics l Personally I tel feel it I IU will U m mean n A great deal to these companies to havo tho the strong trong financial backing of tho the United States State Smelting interests Aside from tho the election elec tion ton of at Charles G. G Rico nice and Sidney J. J J Jennings to the Franklin board and tho the election electon of Rice Jennings and Al Albert Albert Al- Al bert F. F Holden to tho the Indiana board no other changes change are arc proposed On time iho Franklin Frankln board hoard Rico and Jennings s will succeed Stephen R. R Dow and Albert L. L Wyman man tho the remaining directors bel being R 11 n M. M Edwards Henry Tolman Harr Harry M M. 11 Howard who is Js now abroad and John C. C Watson On tho the Indiana board I Rice nie Jennings and Holden will wi succeed Stephen R. R R Dow David Dow and AJ Albert rl Wyman man th the remaining directors being R. R M. M Edwards Edward and Henry Tolman The Te treasurer of ot the tho Franklin Frankln Mining company has been placed under a bond hondo the previous previous' treasurer being under no bonds Irving J. J says as a's The announcement announce announce- ment meat Fiday Friday morning of ot tho the willingness of the Unie United States Smelting Interests to La assume tho the management of oC the Dow properties prop ertes is is b. I believe beleve a vcr very satisfactory way out of A very unfortunate situation I r certainly should encourage stockholders stockholders stock stock- holders In all al tho the companies to kno know that tat their properties will wi have havo the tho benefit benent of the wide experience and financial strength th that of at this new Interest So far as 15 Lake Superior district t Is concerned It Is of very ery ver view great geat advantage antage ad from eVer every point pint of ot I hope stockholders will wi agree with wih the committee tu that t the move is for the best Interests of at all al concerned Harr Harry 11 M. M tz says The Tho en en- tance Lance of ot this new United States Smelting Smelt Smelt- In lag ing Interest Is valuable not only to Franklin and Indiana but in a much broader degree it should hould be beneficial to the entire entre Lako country countr The prompt action acion the evident ad advantages advantages ad- ad at- at vantages of at the arrangement and nd the fact act that President Edwards Ewards Is In ln close accord with the new interests recommends m mends the plan strongly Herbert L Foster sa says s 's The selection of ot these men le Is a happy solution sc of or the tho present difficulties of the Franklin and Indiana mining companies companies The election electon of Mr r. r Rice and Mr Jennings to tho the Franklin board and election of at Rice J Jennings 5 and Holden Hoiden to tho the Indiana board will wi bring new interests In to the lake district and will wl provide pro a management management manage manage- ment which sho prove efficient and arni energetic and In addition additon restore confidence cout- cout dence In these properties |