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Show r 'THE UTAH STATESMAN, MARCH 21, IN TOUCH WITH THE PUBliC RECORD . DC THE UTAH STATESMAN. Ihr To publish s piper (hit win teH the story of Utih's political proceedings ud to acquiint the people of the state, dtp and coutf with thdr office holders sad the week which the offfte holders ire doing will, in the future, be the policy of the UTAH STATESMAN. We wil endeavor to print the public record fairly each week aid let the office holders stand or fall upon the cold facts. We are cognizant of the fact that there may be wore than one side to a question and la csss of contrerersUhtorics which my com up front tins to time we are eager to carry all arguments and let the truth prevail. Jit ask fuH of al office h elders, regardless of party, to help us get their problem aad thdr solutions before the people of the state. Utah Utah Legislature ADVERTISING Per Column Inch ence to tha mining Industry of because Utah. This la probably those not directly associated with tho business do not Inquire Into It and tha facts of tho Industry itaelf ere very different from those In most other lines of activity. Profits From Mince. A statement frequently made la that large profita from Utah mines arc sent outsida tha atata. Interest In Utah enterprises la by no means confined exclusively to mining and In tha cum of mining It exists to tho extent that Utah peopla have failed to Invest In tha mines of their state. It to almost the universal practice hero to endeavor first to obtain homo money to develop mining prospects. In many cases, these efforts have been unsuccessful and capital has been sought eloewhoro when the Inves- RATES 50 Cents LEGAL NOTICES Notice of Assessment, 6 times Delinquent Notices, per column Inch Probate Notices, 2 times Notice to Creditors, 4 times Summons, 5 times Phone Wasatch 852.. $3.00 nt 50 .jr. .. 3.00 4.00 5.00 Script Men Have Easy Time With Uninitiated (Uuitlinued From Page One) them out of buzlnsss. W. D. Candland. formarly preaiJont of tha land board, had alao taken a tap focxgrd when ha withdrew u lot of land that wax eft and held It n price higher than tha usual ll.SS to IS.60. The apeclal audit of tha elate land board by Govern jr Hamhcr-ga- r looked Into tha acrlpt and pre farcnca right phaaea of tha land queatlon and offer tha following: From 1HO Report, .. From 1SS7 to 1IUS wo find an evidence of conalderablo complaint on tha part of many Individual Involving Preference Right claims and It aeema that a Kraut deal of tho time of tha commiasionors wuk taken up for a period of two yeaia In an attempt to satiaCactorlly adJuat theae matter. All and mlnutaa of tho lliat three or four years glvoa tha that there was considcr-abl- a doubt to satisfy tha grant that would sail for ax much ax per acre. It seems that these early boards were confronted with the facts that they had a grant of a largo amount of land to which title already vested In the atete, or was to bo selected, and that ins beneficiary Institutions could not realize any Income from tho grant until tho lands were disposed of. Tho resulting policy was apparently to sail tha Undo aa fast aa at a valuation that teemed reasonable to members of thoe board and to many private The throughout tho state. land legislature authorisedaell tha lands on board to select and homestead-on- , the reUnquishmcnt ofthousands of under which law acres were sold for $1.19 por Acre. Likewise many mure thousand of per acre acres were sold at apunder Select and Purchase" seplications, qftere in ontho state application lected certain lands of Individual cltlsens, as toprovided sell it by law, and contracted per acre upon durto them at lflcatlon to tho state. It was and under this taw ing this time tho land listed under that most of aold to tho coal Investigation waaconvoyed individuals, who laterto co! comtheir Interest or title Thi note phase panies. (Editors discussed In our first article.) It la alo evident from tho cords that theeo selected hands were sold without tho proper appraisement required by law being of made and without examination tho tracts W the land commta"Duritig tho period from 101 to 3111, Inclusive, there appears in tho oalea records a largo number of reinstatement! of forfeited and A cancelled certificates of sale. closer examination of this condi-an anil tion discloses a practice, board apparent poller of the land that should be during that tlma erne It appears to reported hero,was favortism shown ua that thera In tho sale of many thousands of acres of state lands. Wo refor to tho giving of what has boon commenly termed "preor preference ference right scrip" to certain favored Indiviby the duals, who were allowed new apland board to make a In any part of plication to select lieu of In lands other tho state, tha acreage covered by the canThe board celled certificate. would then select tha land for the assignee or agent and. when tha government, approved by new certifUie of would issue a most caeca, howIn him. to aale ever, thla new certificate of bhIc did not Issue to the assignee or agent for he had already transferred title for a consideration. What tho consideration waa, the land board records do not show, hut wo are prepared to submit the names of certain cltirne who do know that it waa from IS to 110 per aero, while tho state received for practically all of tho land correz-pondan- ca 91-S- poa-stb- lo citi-sen- nt volvrd the minimum pile: of 92.90 per acre, fUiould Have Known It It la very iniprobablo that such a condition could continue to exist over a period of right yeura without the members of the land hoard being aware of It. They, of course were nut concerned with the profit that any cltlxen might make In tho aale of hia own land, but they should have been concerned with the fact that, if the lands under discussion could have been eold for IS to 110 acre, per bene-iitethe atata should have been d from Mich Mies and not a few Individuals. There e no evidence that any actual scrip" was iaaued In tangible form but there la ample evidence that thousands of acres of state land were aold under the plan as outlined above "At during the 1101 to 1111, inclusive, period of and that many more were filed by R. Feale and Edward D. Dunn jl aa wenta for various Individuals. When the present land board took office and this pratleo of granting lieu selections" cams to attention, tho records show that Commissioner R. K. Davie made a strenuous objection to its continuance and finally refused to sign any certificates of sale mi for such lieu selections." Iiia consistent policy prevailed and during the past four years tha land board has discontinued ouch 5f sales. 22.New Laws On Agriculture 51-6- 0 tors of Utah could not or did not furnish it. Instead of being reprehensible. such participation has made it possible to develop the Industry. Utah residents, or any others, that wish to become owners In the mines can do so at any time, aa shares of tho com pantea ora dally offered for public saia and prospects are always seeking capital for development pur pose. Many of our mines, lnclud Ing some of tho largest, are owned chiefly by Utah people and thair earnings ara converted Into other forms of property in tho state. Thousands of our citlxcns have their investments largely in these mines and other thousands depend on employment In them for their livelihood. Outside Capital Neoeeaary. The fact that outside capital has been vitally nacesaary In the development of thla Industry is a sound reason for encouragement of metal mining here aa without successful mince we cannot to attract capital to this field hope for Investment. Thla consideration is especially Important In recent years on account of tho Increasing necessity for deep prospecting Instead of the old-tisearch for mlnoral outcrops. In many of our recent developments it has been necessary to employ organisation and capful greater than are at tho com mand of small concerns. It la, therefore, fortunate from all viewpoints that wo have some large and prosperous mines. They Induce capital to Invest and In mining here, they provide eubetan-tl- al revenue to tha staU and they maintain Urge payrolls with all the benefits that accompany them. They alao encourage the smaller concerns mining to peroovora In tholr efforts to make their properties profitable. Those who have not bad occasion to study tha subject usually do not consider tho difference between most kinds of proport y and tho wasting-assindustries, uch aa mining and lumbering. When a mine owner received any earnings from a mins, they represent not merely tho income from his property but tho rsturn of tho capital ha haa Invested as wall, since when the ore hae been extracted hie Investment la gone. And he also Is able to uae only as much of hia property as ha can extract and sell In a given time. He cannot ues all of it at once as he could a factory, a store or a farm; nor can ho uie any part of It more than at ed et (Continued From Page 1) legislature, much to tho chagrin of Its champions There la. however, a record of accomplishments. The legislature made it to have an ad valorem tax possible for the biennium 9200,000 less than it wee two year ago, and a saving of 9210,000 in bond Issues, making a total of 9SS0.000 biennium. as against tha last Legislation waa enacted providing for a board to look Into the needs of all tho state penal, charitable and educational Institutions, and to make a report to the next legislature for Its guidance. Assessment lew. Revision Passes. A general revision of the assess-meand taxation laws of the stats law perfected. New legislation was enacted for tho propagation and preservation of game within the state. The probate laws of Idaho were revised In conformation with the recommendation of tho state bar commission. Salaries of supreme and district court Judge were raised. Farm legislation Included the enactment of a high license measure confining tha sale of butter substitutes. Thero has been a new method or grain testing provided. There were no lesa than 22 laws passed favorable to the farming and the once. In order to makeIndustry. metal mining successful, three divisions of tho Industry must be 1. Mining the known ore reserves In such manner as to yield the greatest return. In this divUlon the rlaka Include market variations and coats. 2. Finding and developing now oro reserves sufficient to replace those depicted by operations. Retaining the capital now In tho industry and obtaining now imcapital for expansion and provements, so as to Insure successful handling of tho first two divisions. The first division requires the employment of suitable equipment, method technical skill and labor. It includes tho entire purpose of tho industry aa a business, and the distribution of the wealth thus produced la wide. This distribution is very different from a moro or less prevalent impression. As a matter of fact, tho stockholders of livestock industries. a mining company receive a comSinking funds of tha atata have paratively small proportion of the been protected through the pass- company's Income. of Analysis age of other laws. Provision waa tho annual reports of a represenmade to pave the way for a new tative group of Utah metal mining elate penal institution by authoris- companies shows the following aling it to purchase a large farm, location of gross income: where cpnvlcts may be worked. Labor, supplies stats and local Banking legislation haa to do with taxes 61.22 per cent. Federal taxes, reserves and tho assessment of shares of national banks. A new code on cor- loves 6 .1 per cent. Dividends and return of capital poral Iona wee enacted Into law. 22.17 per cent. The proposed tax on gaso0 Fee Cent of Gross. line failed to be enacted Into law. Thla shows that more than CO but considerable other legislation of benefit to tha highways was per cent of the gross income of the companies Is disbursed in the -yile and that the extent of tho atockholdere' participation was I actually less than which represented their return of Investment as well ex earnings. I This group la made up of some of j the ten Utah mining companies that paid dividends in 1621: stockcomholder In the panies, of course, received nothnt h. Investigate Before CHILD-BARCLA- lou Invest & CO. Y Mining and Investment Brokers Phones Wasatch 4153, Waaatch 4154 Sait Lake City, Utah Stock Exchange Bldg. . 21 Years of Knowing Hour. I ing. Tha second division, finding and development of new ore reserves, determines tha life of the Industry. It is, therefore, of vital importance and le tho one most hazardous to capital. With the exhaustion of tha surface ore bodies which are j found and handled with romper-stiv- e rase and low cost- the mine j le confronted with the problem of finding ore bodies more remote - PabHshcd Con. Mining and Smelting Co. Plane to Treat 7,000 How concentration of oro from tha Sullivan mine, owned by tho Consolidated Mining and Smelting company of Canada, may be brought up to 7,000 tons a day la shown by tha atudy of tha plana aluready being carried out for the immediate enlargement of tho mill to a capacity of 9,000 tons a day and by the use if two other mills of 900 tons capacity each. This present enlargement to 9,000 tons is tho year's feature of the Sullivan mm development press report from Kimberieyf bT C. With tho 1,000-to- n enlargement DM ago. this mean a doubling of capacity in a period of two year. Thla expansion now being bmrqq ii not io much to inermo the output of tha Sullivon aa to enable tho company to mlno as it goea along all tha oro than can bo mined profitably, in other words, that which they could not handle at a profit and left for futuro rs hs 10-fo- ot 15-In- clas-ifle- ra six-inc- olx-sta- to 24-ln- ch na pt the war. . Anolktr Oi Test WS Start In Experts Conduct Study of Causes Picture of Large Flow Of Oil Made Available By Bureau of Minas Through tho Oil Fields of Mextha title of a now educational motion picture film prepared by the Department of Commerce, through tho Vnitsd States Bureau with one of Mines In comof the largo panies, and now released for distribution. Tho film, which Is in three reels, vieualltae the drilling of oil wells In tho Mexican jungles and depicts the various stages In the transportation, storage, and refining of petrolaum In tho sister republio to tho south. Tho first scenes show what has been called the Hill of Tar." where the seeping of oil through tho surface first called attention of to tha petroleum possibilities Mexico. Next follow aconoo of tho comCerro la Pox well, the first mercial oil well in Mexico, which attracted the pioneers of the in, dustry. ico'1 la Deluge (Marta. Views are presented of tho Cerro Axul camp on the cite of one of the richest oil pools of history. Hero It wao that in 1111 the Cerro Axul No. 4 well wao drilled in. probably tho most spectacular and mbett known oil well In tho world. Other scene show tho famous Potrero del Llnno No. 4 and tha wells. Tho first named I os Bocae well, on vf tha Worlds biggest gushers, nn wild for a period of BT. GEORGE, Utah Spudding nearly four months, much of the oil Arrowhead Petroleum Corporation finally being saved by tho construc1 the No. by In of Punch Bowl wall tion of a dam across a tropical a of arrival drilling awaits only tho river. The total production of oil well amounted to lino, which has delayed tho etzrti The porous properties of eponke from thla few a for days. harrela Tho rejuvenation of Ing operations deof this famous wall, long after It Tha rig Is completed and all equip- Iron have been utilised by the exhausted and ment le on tho ground, according partment of commerce In a series was considered Now its equipment was buried unto the Washington County of experiments looking toward tho whenmasses of debris, is shown ia der Doan and Loon Wilson, tha two drillers employed hy tho Arrow- Improvement of the procem of pre- a eerie of striking scenes. Other view show the d moists head, hava been here tha last few cipitation of lead and copper from cavern left hy tha fire months assisting with tho erection solution. The sponge Iron la sub- crater-lik- e exof the derrick. Thebe men are destroyed the great Doe- Bostituted for coarse scrap Iron, which comsince cae ' well. and perienced drillers to la relatively awkward Toole Shot Skyward. ing to this part of tha country from which California, have worked In tho Vir- handle and ex posse only a small On of tha best bits of tho film amount of surface to pregnant soluhows tho actual bringing In f a gin field for a number of years. Tho rig on tho Punch Bowl la tions. Products oil gushor in a southern Mexcontaining mart groat standard construction, waa ico field. Tb actual spouting of erected at a coat of 912,000, and le than 90 per cent of load wars made a tremendous flow of oil which one of the beet In the state. It la and valuable Information relative destroyed tho ton of the derrick to tho precipitation of copper from and hurled aloft two tons of drillcapable of going to a depth of to 7,000 foot if necessary. Gen- various solutions was obtained. Tho ing tools with such force that they were burled SO feet into the ground eral Manager C. D. Alsop will he experimental work was conducted le shown, as arc tho method by In charge of tho work. of oil is Tho Arrowhead has largo Inter-e- at tho Southwest Experiment sta- which this r In this field, owning and con- tion of the United States Bureau of brought completel" under control 10 mlnutaa. within tho space of trolling a total of 19,000 acres In Mines, Tucson, Arlxona, and at the attractive are the Especially tha district, formerly United States bureaus Intermountain axparlmant scenes showing tho snow-cappnaval oil reserve No. 7, and aa soon station. Balt Ink City, Utah, under to a aa drilling la under way on tho cooperative agreement with tha peek of Orizaba. towering mounPunch Bowl, another rig, will be Unlvedelty of Arisona and ths de- height cf 19,000 feet and the the famous Popomoved across tho line in Arizona, partment of mining and motallur-glca- l tains, including where another well will be spudresearch of the University of, ffi1-tateSduSd ara ded In by the company in the AnThe rasult of tho oxporlmont. telope district. Thla well was to camZ women Mexican nave been spudded In tho first of ara described in Bulletin 191, by G. market, tho year but weather conditions L. Oidrlght, H. E. Keyes. Virgil waterus Jars upon their heads and of humble burro fet the prevented the removal of tho heavy Miller and Vf. A. Bloan, Just Issued transport. tho machinery. by tha bureau of mines. The study ta It pointed out that The Arrowhead management ex- waa largely one of the rates of difbillion barrels of oil hate pects production will bo reached fusion of tho motal lope In tha sol- been produced In Mexico and that at a depth of from 1,300 to 1,600 ution and through tho motalllo coat- one and one-ha- lf billion dollarz, XflL ings surrounding tho sponge iron much of which le American capital, particles la order to completely have been spent by the industry In remove the valuable metals from the recovery and handling of Mexsolution and at the earns time to ican petroleum. obtain a precipitate of good grade, the Copies of the film tho precipitant should be almost Oil Fields of Mexico" Through may be obcompletely consumed. These prac- tained for exhibition purposes by tical ends are usually accomplished addressing the Pittsburgh Ex perl by having the two substances In- ment station of the United btatre volved pees each other countercur-rantt-y. Bureau of Mine. Pittsburgh, Pa. No charge ia made for tha uee of Experiments on lead precipita- tho film, but tha exhibitor to aaked tion showed that vigorously stirred to pay tho coots of transportation solutions should bo heated to 00 de- both ways. C. in order to precipitate the Ralph Arnold, internationally grees In less than one hour. known petroleum geologist. In an metal A largo excess ef sponga Iron address at the annual meeting of all ef the lead from Goes the American Institute of Mining precipitated solution, but enrichment of this, A Metallurgical engineers stated precipitate by subsequent exposure that at least 900 new wells would to an excess of fresh, rlrh solution $4 be drilled In the was difficult Porous and pure va- rletl Basis Wongs Iran NMted much ttaUnydiieUnat .ta. than those that wera dene pZni. field and now end Impure. NEW YORK, Kennecott 700 r,pld t"1" raueed ball- Copper company has placed ponge Its new common stock on a the Flat Coulee, near the Canadian Irorn. 94 annual cash dividend basis Where the of tho cop- border. by declaring a regular quarn account of tho admission Btnndar h terly dividend of 5l. payable ir was not serious, ths maul i.iwMr. S1 :.,MReIln April 1 to stock of record Inr cnuld be precipitated almost eo V1 u ! Pletely in 15 to 19 minutes with March 1. This lo equivalent y an' to an 91 baste on tho old Iron T. I per cent tinentaZDnmionmlme CT ' ,nmount ot ofPong stock, which wan spilt 1 for 1. th theoretical equlv- PaZdM field. This Includes ?? 14 slant. nfl 15 Detailed Information In regard to uZi11 e'n oniTt!! n FoAflroy those studies la contained in bureau bo obtained from tha 8upelnlfi-de11 ! of Consideration ?n,et"rMU mines bulletin Ml, Praclplta- of Documents, f d Government been close to 91- - tion of Lead end Copperr from Sn-- Printing Office, Washington. D. C 000.000. ' lutlon on Bpong Iron" which may at a price of 91 cents. M Of Precipitation 94-fo- ot at ed qS5w2 Active Season Predicted For Montana Field Kennecott On Kevin-Sunbur- et STS Annual Dividend a.'! i ! ! d "cl" I r nt Western Mineral Survey Combination Offer: projects with an as-- 1 gregats- acreage of over 1,000,099 acres and 96 reservoir sites have been Investigated In the state In-of Arizona. The Yuma project, yet cluding the Yuma Maos, not as114,-1 Irrigate fully developed, will 000 acres, 41,000 acres of which are now supplied with water. About 19.000 acre of this project lie across the river In California. A report on tho Parker project was prepared by tha office of In- dldn affaire In 1020, shewing nn Irrigable area of 110.000 acres. The (Continued oa Pago Fourl Gail Martin, for nine yeara mining editor of the Salt Lake Tribune, is editor of the Western Mineral Survey. Mr. Martins long sojourn with The Tribune, which he terminated voluntarily last fall, to come to the Western Mineral Survey, netted him experience which is not enjoyed by any other mining editor in the State of Utah. Mr. Martins prestige in mining newspaper circles can be attested by the fact that he ia Utah correspondent for the Nevada Mining Press, the Mining Journal, and and the Engineering Mining Journal Special articles written by Mr. Martin have appeared in the Literary Digest, the Compressed Air Magazine, the Mining Congress Journal and other publications. Tons of Ore Per Day, 20-In- - to new highs, The Fork Utah report t flneinr of an Important deal for. tho Sprooo Mountain district. All the on news with regard to Important changes la tho batlook for ooothooetem Utah, - T- three-quarte- project. Twenty-fiv- e lc 4 Reoeot liming oa the Balt Lake Exchange. five-inc- FVom Page 1) a year. 111 Atlas Block. Tbe ot (Continued L00 I What CoL Jackllng thinks of the future of tho Utah (Wmv enterprise and the oatlook for copper. t-and need few a survey of tho atataPe 1 Loteet development at tho Hon Silver. Foundations ara completed and the buildings are nearly but the additional plant haaready not been Installed. Tho enlargementyet is not to bo by the building of a now unit of 300 tone, but by a general expansion that provides a 90 per cent Increase In capacity. Marsden Memorialising ConCrashing to Capacity. gress to ootabliah a new basis for Average tonnage treated during limitations of state taxation of na4,000 tons at which tional banks. rate It was found thodally, crushing and committee Propos- grind faculties Education were taxed to tho ing amendment of tha state con- limit, though tho balance of tha stitution to allow tho taking of tho mill equipment ran at ratstate superintendent of publle In- ing. This Inequality willnormal be adjust st ruction from politico. d and tha extension will provide Hacking Amending constitution moro crushing and grinding equipto Increase the pay of state legis- ment porportlonately than of lators from 94 to 99 per day and equipment for tho oervlcoa. For tho fine crushing, the presIXpIMNi Irvine Requesting Gov. George ent roll plant will bo compeltely H. Dern, who la chairman of tha rebuilt. A seven-foBymonn cone governors' conference, to extend crusher will reduce oro received h else from the mlno that conference an Invitation to At hold Its 1110 soaalon in Salt Laka crushing plant, to an of Inch .This pro.VrT" will pass City, and authorising the governor to provide appropriate entertain- over Hummer screens In open cirment for tha conference at tho ex- cuit and Into two sets of 71 by rolls In parallel which pense of tho olate. will reduce It to three-eightof Woodbury Amending the conan Inch size. stitution to empower the Utah legIn connection with fine the islature to determine the rate and grinding and classification two method of assessing tangible propand four secondary erty In tho atata. Revenue and tax- primary ball hy Harding ation committee. will mills be installed. Aikena Young Authorising the goveralso Instated. will be Center nor to receive funds as trustee and vaccum thickeners will be indistribute them for tho benefit of stalled eight-inc- h Wllflev sand tho Utah national guard at his pumps and will he used for secondary discretion. mil circulating loads In plaee of Holther Providing for Utahs h units now In use. Bouldratification of tho Oil To B ebenued. ratier dam compact If seven-stat- e Flotation Installation will ha exfication haa not been effected by tended 90 par cent. The machines June 21, 1926. used will he Minerals Smith (by request) Amending subaeratlnn type with tex-rotho the existing law relating to driven spindles. taxation of pumping plants and Bull Ivan dumps have also bean in used irrigation. power plant! ef Interest to tho Trail concentraHahsen Amending the constitors whose crusher waa working tution to empower the legislature for some time, at the rate of sevto pose laws for a minimum waga eral hundreds tons a month on I The second elaaa Sullivan ore. for women and minora, Hansen Ratifying the twentieth eeaaen'e work on this at Trail la Rates United now finished. amendment to tha constitution relating to child la- ' Theae concentrators at Moyle and Trail, each of 900 tone capacbor. also being reJorgensen Proposing a consti- ity. tho Trail plantwith extensive tutional amendment to allow tho cently provided are reclaislflcatlon of property for tax- i coarse crushing equipment available as auxiliaries to the ation purpose. Amending the state Kimberley concentrator whenever Jorgensen expanconstitution empowering tho. leg- It required. When tha new Is In effect, islature to divide taxable properety sion at Kimberley the milling rapacity at Into classes and to impose taxes therefore, of the mammoth Sullisurface the Incomes. upon ean hocoma 3,000 ton at Burton Memorialising Congrats van time. eeeuritlMt any to eliminate Resolutions and memorials com- i TWIN FALLA. Idaho Report mittee. been received her by local H. J. R. No. 1 Burton Con- have at McCoy. men from associate make to amendment ' stitutional gold discoveries Nov. term of connty attorney four years. there. concerning McCoy la about thirty mile H. J. R. No. 2 Bennett ConBattle Mountain. stitutional amendment on com- from exhibited Tho alder Caldwell pensation of legislators. aome tho gold hero Friday, II. J. R. No. 4 Bennett Con- which of aroused the Interest of those stitutional amendment on tax ex- who saw It While aaeays are not empt property. estimates ef the panH. J. R. No. i Jorgensen Con- available, Indicate that the gold will stitutional amendment providing nings run from 910 to ISO a ton. tax. classified a property for Tha veins recently discovered ere In the territory of tho old McCoy claims where first worked during named project. Other projects InVerde vestigated Inrluda the Mesa, Chemehuevls Valley, Chuc-- 1 Coachella Valley walla Valley and trery Friday la Salt Lake City In the Survey for March 22 Informative. Reservoir Sites WITH THE PUBLIC HELP IN THE UTAH STATESMAN. WESTERN HINESAL SURVEY complex, which requires greater expenditures for mine and metallurgical plants. Utah's Problem. Tha producing motal mines of are faced with these probi Utah lame today, and If they are not properly met tho oeonomio effects on the state In tha next few years win be of a disastrous nature. This advance work, vital to tho future, ia dona today by tha companies now operating and is financed from the only possible source, which is tholr current Thla la what la known earnings. in tho Industry as development work," end Is essential to continuous operation. It almost never ylelde a current profit to the mine owner, as tho cost of finding and extracting tho oro encountered In In development work in usually excess of the value of the ore and outmuch of the work la entirely side the ore bodies. The third division, retaining the capital now in tha Industry and of obtaining necessary new capital, course Implies reasonable assurance of tha return of tha capital and Interest upon it while employed In the Industry, and also that those having charge of the property are making proper provision for future operations. These and other circumstances demand peculiar to tho industry seom that earnings which would largo In another business are conservative, proper and necessary to maintain mining. And mining must be maintained to perpetuate modern civilisation. The international mineral situation cannot bo misrepresented, ignored or merely alluded to In situaany discussion of tho local tion that undertakes to be fair and GIT ACQUAINTED Read Your Utah Mining News in the ; Mine Heads Present Case To A state political newspaper, published every ThypiHny Salt Lake City, Utah. The aim of this paper la to keep the general public in touch with the activities of the various of the Tliia la tlie third of tire inaUUmanta with tha committee oa revenue nod taxation, by A. G. Mackenzie, political departments upon the theory that better governNecratary of the I'lah auction of the American Mining fnngraaa. ment ean be made possible by keeping the public and the Throe liMtallmenta are taken directly from Mr. HacKauiao office holders in closer touch with each other. filed report, without change n wording or aeqnenoe and with, . oet omliMion or comment. Office 122 Atlas Building. , Salt Lake City, Utah. and obscure and must spend InTHIRD IX STALLS! ENT. BERNARD L. FLANAGAN, Editor. creasing amounts of capital por Statement that show lack of In- ton oro developed. In addition, C. 8. GODDARD, Business Manager. formation and in many caaaa that tho ofores which Inare creases are deepen lead to wrong Impressions Entered m Hecond Class Matter. July IS. mi, at tha Coelome at. Balt made mining Costa aad reduces referwith time to from time Laka City, Utah, uadar tha act of lUreh I. 1171. . profits, and they ara usually more 91-9- 1929: THE WESTERN MINERAL SURVEY carriea all of the Utah Mining Newi, written in an interesting and authoritative manner. Sample copei free upon request. Western Mineral Survey for One Year and World Almanac for 1929 $1.25 Utah Statesman for year and World Almanac for 1929 All three for $1.75 111 ATLAS BLOCK, SALT t S. LAKE CITY, UTAH $1,25 |