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Show WISE PROSPECTORS, MINERS AND CONTRACTORS GARDNER-DENVE- CHOOSE R QUALITY EQUIPMENT President's Committee Studies Model 315D portable compressor truck mounted with model D99J deep hole drill on RM 20 foot feed drilling for uranium in State of Colorado. Gardner-Denv- Complex Minerals Programs the Presidents committee must still determine what areas the policy should cover. The matter of clarifying and defining responsibilities is certainly the initial one. The official who proposed the establishment of a mineral coordinator's office has outlined some other elements that may be contained in a meaningful national mineral policy. Following art ex- mineral policy, cerpts: Stockpiling. FOR PROSPECTING AND DEVELOPING y f the various government agencies lor metals and minerals. This would have to be accomplished before the committee could ever hope to recommend specific legislation or executive action outlining a national mineral policy. A major proposal has been made by an influential mining close to government engineer and industry which would coordinate the governments mineral programs. It offers three alternatives: Creation of a single agency of cabinet rank to deal with metals and minerals; delegation ef new authority to the Office of Defense Mobilization in the mineral field; or establishment of a special mineral coordinator in the executive office of the President. The last alternative Is the most novel, and would undoubtedly have the best chance to succeed. The mineral coordinators authority would be clearly defined by law or executive order, according to the proposal now before the Presidents committee. His job would be to recommend policy in the mineral field, and to see that such policy Is Implemented by the various government agencies concerned with metals and minerals. As has been reiterated so many limes, the main reason for the relations governments chaotic With the mining industry is that responsibility for decisions affecting metals and minerals is scattered among many uncoordinated agencies. Creation of one office, responsible only to the White House to coordinate these decisions and to initiate mineral policy, would go a long way toward- - alleviating the situation. The author of the proposal has colorfully described what now goes on behind the scenes: Instead of exdealing with producers able todealpand supplies of materials or ing with consumers capable of Conserving and redirecting the ones of scarce materials, much of the time of major government officials concerned with metals is spent in interagency committees or negotiating with officials of other C. S. government agencies. In tackling the problem of There is still con- troversy oa the size of stockpile directives, which stem mainly URANIUM ORE . . . years; but seven years after the programs start, only $4. worth of materials are on hand out of $7. worth AIR EQUIPMENT GARDNER-DENVE- R Min- from inadequate data on military The Presidents eral Policy Committee, created and essential civilian requirelast October, is studying proposals ments. Stockpile objectives were to clarify and define responsibilities scheduled for completion in five Inter-Agenc- er 0 of total objectives. Mobilization Planning. The mining industry must be allowed effective participation in the development of plans for price controls, allocations, and other emergency regulations affecting metals and minerals. Technical Assistance. Private industry is spending millions in the search for new mineral deposits, but the efforts of the government i.i basic geological and geophysical research have not kept pace with current needs. Basic metallurgical research on extraction of materials e from ores and on finding new uses for more abundant materials must be accelerated. Industry does outstanding work in applied research; the government should sponsor or conduct far more basic research in metals and minerals. Federal Taxes. Since tax laws are subject to annual amendment, often on the basis of hurried consideration, they do not provide an adequate and dependable incentive for investment of American venture capital in exploration and development of metal and mineral deposits in the U. S. or in foreign countries. State Taxes. Annual state taxes based on the value of an orebody in place inhibit many mine operators from further extending geophysical and geological exploration and development. Where state taxes are essential, a severance on the mineral actually tax mined in a specific period would be less restrictive. Risk Capital. Restrictions on the sale of securities are intended to protect gullible investors from fraud, but present regulations tend to inhibit the flow of venture capital into new mining properties. Revisions of the state and federal regulations should be made. Public Lands. The government has extended its control of public lands by a series of withdrawals, patent procedures, and other restrictive measures affecting the public domain. Loose and confusing record systems encourage fraud and hinder mining development. The government should administer public lands so that development of mineral industries is fostered. Conservation. Research on methods of recovering minerals as e deor from posits and advances in metallurgy and ceramics must be encouraged. Mining practices that leav substantial quantities of ore in abandoned workings are anticon serva-Ue- a from the national viewpoint. 0 Sfopers Air Leg Drills Sump Pumps Sinkers Compressors Drifters Stationary Deep Hole Drills Compressors Sharpeners Jumbos Centrifugal Pumps Line Oilers Porfable 0 Air Hoisfs Air Hoses 0 Air Slushers Sectional Steel and Bits low-grad- low-grad- Mine Carloaders w 'l Jw K ' w " ; ', ' ;. - . 4 V - h ' "ftp ': Vs-- V cnoH -- V ' Jt s ' s' W aMc, 5 ' J 1U y. "aL v x I t V v ' I TtrZL- y n ' -' t ' ; Gardner-Denve- r 5 Model portable compressor and sinker drill on road construction to uranium mine at bottom of deep canyon near Hite, Utah on Colorado River. WH-10- GARDHER-DEflUE- R QUINCY, ILLINOIS The quality leader in Compressors. Pomps and Rock Drills for Construction, Mining, Petroleum and general industry. |
