Show Raw Materials Budget Cut Weller Voices Alarm A meeting March farch between between be be- tween President John F. F Kennedy Kennedy Ken Ken- nedy and members of the Joint Congressional committee on Atomic At At- Energy resulted ted In a 16 million cut In the fiscal 1962 raw materials budget of the It was announced in Moab Wednesday by Gordon Weller executive vice president of the theU U Uranium um Institute of America According to Mr Weller 10 million on the reduction will win be made in the field neld of domestic raw materials procurement and 6 million will be cut from purchases purchases pur pun chases from tram Canada and other foreign sources Information regarding the budget reduction was disclosed In a II telephone discussion between between be be- tween Mr Weller and representatives of the Joint committee In Washington In the Eisenhower r budget for tor forthe forthe the for tor fiscal 1962 was a total of millIon The Kennedy Ken nedy estimated budget calls for tOt expenditures of million The announcement has spread some fear teal through the ranks of small Independent mine oper oper- tors In the Western States Mr Weller said who feel feet that since rage have already negotiated firm contracts with mills for tor the poat post 1961 1961 buying period the smaller miners might be the first to feel teel a budgetary I ment meat cut in raw materials procure procure- I |