| Show Miners Hail Efforts of Utah Solons to Save Industry Tae rne recently announced government govern govern- vern- vern ment program has of fUn iM tw haa shown rig To of du helping Ut Utah 8 II a dying lining ng I ta Indu In- In according to Mlles Miles p. p Romney Rom Rom- ney mn manager ager Utah tah Mining As As- Even Evert before the program went Into eU effect e lead and zinc linC prices advanced slightly Mr RomS Romney said lie He pointed out however that although the e new hew t 1 f. f wn J In mg news mining m-e m men and r Utah's i congressional delegation consider it an emergency measure and not a permanent 8 solution uton to the problem Utah's real need reed Mr Mr- Romney said is ls a long range will win program that enable the industry to operate and grow without setbacks In the past two years ears 40 of our mines mines' have hn stopped operating and more moret than K 1000 men have lost their t sobs he said The mines were forced to shut down when dumping of foreign metals on the American marKet marker grove drove prices down h While an Increase in the price of lead and zinc will make It possible to resume resume re re- re- re sume operations it will not warrant warrant war war- rant n necessary expenditures for ext ex ex- t and development de of long ranee ore re reserve projects Mining plays an important part in the prosperity of our whole state Mr added With out t further farther prospecting for new metal sources s we cannot look forward for tor- ward to more than a few years yean earS of operation using ulnA known ore re re- do serves serres awa away Stopgap with wife the measured spectre of of cannot ghost towns in Utah Mr Mr Romney pointed out that the solution to the problem lies in the control of imports Unless we I work out such a program he said we e would be call calling ng on D the the Amen Ameri I can taxpayer to buy Duy the tee world surplus surplus surplus sur sur- sur- sur plus of metals and we can scarcely expect our people to bear such a burden for for- any len length th of time Mr Romney expressed the min In inq ng industry industry's s a appreciation for efforts of the Utah congressional delegation in working toward a stable liable market He also said the Industry was encouraged by President President dent Dwight D. D Eisenhower's appreciation ap- ap predation of the need for action to tosa sa save a a. a basic industry We in Utah have a particularly I hl high h stake in successful mining operations he said and the full future future fu fu- fu- fu ture ll re prosperity of our state will de- de send to some extent on the development development development de de- de- de of a program that will encourage e risking capital to seek new ore bodies that will enable the Industry to keep operating in the future |
