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Show ..vascui - AHNQ tUtSt. d&. Wdtteiik uirCii-- Vol. 1 No. 33 October 13, 1969 SOsnBfl (Dim MOm SSOvcirllcss At the hearings on Friday, James McClure Rep. by the Ad m i n i ns t r a t i o n to get sought in vain committee authorization to coin a silverless approval for a 40 silver dollar; dollar in honor of the late Roy C. Wilcox, vice president of President Dwight D. Eisenhower Asarco and representing the in lime to make the official American Mining Congress, also announcement on the late opposed HR 13252 and urged President's birthday, October support for the McClure bill calling for silver in 300 million 14, has backfired. The House Banking and dollar coins. Currency Committee voted THE SHOWDOWN came on Friday to eliminate silver from Monday. A majority favored HR the half dollar and to coin a 13252, calling for the silvcrless clad Eisenhower dollar, the vote cupro-nicke- l being 205-148- ; dollar. under the however, special rule Elimination of silver from all invoked to gain quick passage, the two thirds approval was required. recommendation of the those voting in favor Joint Commission on the of Among the silverless coin were Coinage, and has the support of Democrats Frank E. Evans and the powerful Silver Users Byron Rogers of Colorado; Association. against the proposal were Wayne WASHINGTON A hurry-u- p procedure (K-Idah- .coins follows JJiwsflk WIDE SMILES REFLECT happiness of Bill Cawelti, left, and Bill Wright, jr., after their rotary rig in background had bored through two stratas of oil within 4800 feet of the surface in Ribby flat ia Esmeralda county, 42 road miles from Tonopah. Mifllii Prays flfl Emir OTakdoiKleirs Faith of two central Nevada men in the judgment of the father of one and grandfather of the other has paid off as a new Nevada oil discovery was confirmed in an area which had been condemned by geologists and professors alike as non oil-beami- ng territory. by the Birdwell Lopping Division, one of principal at the Nevada test site area at Hot Creek. The new find, which will come as a complete surprise to Nevada geologists, is located in Esmeralds county at Kibby flats, some 42 road miles and about sub-contract- 35 air miles northwest of William S. Wright, jr. and Tonopah in an aria between the William Cawelti, in complete Monte Cristo range and the confidence of the geological cedar mountains and near the findings of william S. Wright, sr., Mineral county border. made in 1951, started drilling Wright and Cawelti indicated operations in a wildcat well in. an exclusive interview with on Nov, 24, 1968 and bottomed the Times and News that out on Sept.l. 1969 at a dept of immediate future plans include 4,800 feet with oil stratas found development of the first test at 3640 feet and 4657 feet. hole, the William Wright No, 1, Samplings of the two operators and further exploration were confirmed this week by throughout the area. Incorporated as the Monte logging reports prepared on two (Continued on Page 2) occasions during the past month 24-ma- n - Richard McLaren, chief of the Department antitrust division, said an investigation was under way to determine U of U Aspinall Brotzinan Wold (R-Wyo- (D-Colo.- Donald and John ), (R-Colo.- ), .) PROPONENTS of the silverless coins can seek clearance from the House Rules Committee to reschedule the bill, under regular procedure, where it would be open for amendment and passage would be by majority vote. It is doubtful that this can be achieved by October 14. Among those voting with the western silver interests was Rep. who H.R. Cross You be would shouted doing (R-Iow- a) the memory of President Eisenhower no favor to mint a dollar made perhaps of scrap metal. EDepI. Ey$ 5L (Sans Hindis WASHINGTO- N- The justice Department has launched an investigation into joint bids for oil and gas leases a move which could lead to eventual antitrust action over some of the recent huge bids to drill for oil in Alaska. Justice 3 25c per copy fflsttirirairs doom , whether the widely used practice of joint bidding by oil companies on offshore oil and gas leases violated anti-trust laws. In a letter to Sen. William McLarsen Proxmire, said that when this probe is completed, his staff would study g procedures by oil companies on bids for leases on federally controlled lands. A justice Department source c., joint-biddin- said the first part of the investigation involves a general review of joint bidding that has been conducted for leases to permit drilling off the west and Gulf of Mexico coasts of the United States. The source said that after general study is completed, ike anti-trustaff will then analyze the bidding procedures for Alaska North slope oil leases. st Gets Funds For Coal Study He said the award will WASI IINGTON-T- hc Interior help to finance a program directed by Dean George R. Hill of the Departments Office of Coal Research has awarded the University of Utah an $843,860 contract, Sen. Wallace F. Bennett has reported. The senator described the award as of major significance to Utahs and the nations coal Minerals Industry aimed toward evaluating the costs of converting Western coals to more valuable liquid and gaseous industry. products. Universitys College of Mines and The slate will contribute $176,340 to the three-yea- r project, for a total of $1,020,200, Sen. Bennett said. The potential long-rang- e return due to increased value of the state 8 rich coal reserves make this a wise investment, he claimed. Burton Attends World Meet WASHINGTO- N- Rep. Laurence J. Burton, R- - Utah, is in Switzerland this week as a member of the U.S delegation for the annual meeting of an international group. lead-zin- c study The Utahn, who is the topranking member of the House Mines and Mining Subcommittee, was picked by Speaker John W. McCormack, as one of two House delegates to the conference. The s., !e,d lnnualli': PartlclPan mcl?de more than nalons core of |