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Show Miy 25. 1956 Tke Western Mineral Survey, Silt Like City, Utah Mining iecommendations Every Senator Has Copy of 1955 Western Governors Mining Council The following recommendations are submitted to the Congress of the United States as a basis for the establishment of a national minerals policy through appropriate legislative andor regulatory action. The recommendations are based on resolutions adopted by the Western Governors Mineral policies Conference, and by the Western Governors Mining Advisory Council, in of these official two 1955. meetings groups held in Sacramento, Calif., Nov. The meetings of the Conference and of the Council represented officially the Governors, State Agencies, die mining industries, mining associations and organizations, heads of mining companies and corporations, and individuals and groups closely affiliated with the mining industries in 11 Western States Arizona, California, Colorado, Idaho, Montana, Nevada, New re-adopt- ed 7-1- Mexico,. Oregon, Utah, Washing and South Daton, Wyoming kota and Alaska. These recommendations, therefore, represent the desire of the nations mining industry, supported by the official governments of the respective States, for action by the Congress of the United States in establishing a national minerals policy, in accordance with the said recommendations, both for the good of the mining industry and in the interest of national public welfare. Gold Discontinue the sale of governmengold from the moneto private industry, reserve tary and restore to the people of the United States the right freely to buy, possess, sell and otherwise treat gold. Amend such legislation, now pending in Congress, so as not to limit its provisions to newly-mine- d gold. t-owned Uranlum-Yanadiu- m - Instruct Atomic Energy Commission to make a prompt public declaration regarding the continuation and extension of its uranium purchasing program. Following such declaration, permit the industry to appraise and evaluate said program, and to submit further recommendations before its final adoption. Meantime, instruct Atomic Energy Commission to maintain adequate purchase program, and to prepare plans for an orderly transition from current monopolies to the period when industrial requirements predominate. Also, instruct Atomic Energy Commission to plan and complete with all possible speed 0, Page 5 fo Congress Go H. R. 6373, relating to a continof stockpiling uing and prosperous tungsten molybdenum concentrates until mining industry and its relation-sshi- p to the maintainance of an maximum emergency defense remet. mobilization base. are adequate quirements Chrome Fluorspar Establishe a tariff of five cents Provide tariff protection andor per pound on contained chromium restriction of fluorspar imports metal in imported cromite ore; sufficient to permit survival of or, if this is not possible, establish the domestic production. cent a tariff equal to on contained chromium per pound Quicksilver in imported chromium ores, Establish a tariff, equivalent in metal and distribute proceeds to proprotection and at the same per- ducers of cromite sold within the centage of the selling price as at United States and in proportion the time the present tariff was to their these Until production. established in 1922; or in lieu recommendations are into efput thereof, establish a plan of dis fect, continue the General Servtributing the tariff, paid by for ices Administrations purchase eign producers, to domestic pro- program on its present basis. ducers, in accordance with their Manganese production, said tariff to be ada tariff of five cents Establish justed from 25 to 35 cents per per pound of contained mangapound. Meantime, instruct the nese ore in General Services Administration or in lieu imported foreign ores; thereof, impose a tariff to continue its purchase program of one-hal- f cent per equivalent until present appropriation is exof contained manganese in pound pended, and also indicate what imported ores, and distribute the assurance canjbe given producers proceeds to domestic producers for definite demand for their on the basis of said producers product after December 31, 1957. unit production and sale. Until either recommendation is put into Tungsten effect, remove the limitation of Establish an adequate tariff to 10,000 tons on the carlot program. enable the domestic tungsten min- If establishment of either the five cent or one-hal- f ing industry to compete low-cocent tariff is not foreign producers; or in lieu possible, continue present carlot thereof, establish adequate tariff program for a long term of years. on imported tungsten ores, dis- Request proper agency of governtributing proceeds from said tariff ment to set up a treatment plant to domestic producers, whose pro- either at the Deming, New Mexduct is sold within the United ico, or the Wenden, Arizona, deStates, in proportion to their pro- pot to process stockpile ore into duction. Establish a purchase pro- usable grade. gram for a reasonable period, pro Antimony viding for reduced government Establish the following miniprices at lower than current floor mum tariff rates: prices, based on grade and imNot less than fifteen cents per purities of the concentrates pur- pound of contained antimony on chased, and with gradually re- imported ores and concentrates; ducing amounts and prices until not less than thirty cents per Federal purchasing program is pound of contained antimony on liquidated at end of the period. imported smelter products; or, in Pending putting these recommen- lieu thereof, impose a tariff of dations into effect, reaffirm principles and purpose expressed in (See Recommendations Page 6) Molybdenum Continuing five-eigh- more access and fective, the Government should roads. Also, instruct Atomic En- make new contracts to purchase ergy Commission to curtail its monazite and bastnasite concenexploration drilling program for trates in sufficient quantities and that purpose available to the De- at a price which will maintain an fense Mineral Exploration Admin- adequate mobilization base for the industry. istration. Silver the nations securContinue maxithe in that order existing policy program ity domum information may be made or tendering newly-mineavailable to the uranium industry mestic silver to the Treasury Defor effective future planning. In- partment for coinage purposes struct the Atomic Energy Com- Heect Senate Bill 1427. Prohibit silver mission to put into effect contin- sale of government-owne- d the marto uous studies relating the by Treasury Department at ess than its coinage value of keting of uranium ores with special reference to (a) penalities $1.2929 per troy ounce. Reduce now being imposed for high lime he seigniorage retained by the content; (b) disposition of other Treasury Department progressive-- y in relation to the steadily metals produced in association with uranium, including vana- mounting costs of producing sildium, copper, etc.; (c) feasibility ver. Lead and Zinc of establishing fixed uniform Establish an excise tax of two concentrates. prices for uranium cents per pound on lead and zinc These studies should be carried on cooperatively by the AEC, ap- imports to take effect whenever propriate State and Federal the price of zinc falls below fourAgencies, private research organ- teen cents. East St. Louis; and izations and the producing indus- the price of lead drops to sixteen try. Instruct AEC to give the do- cents, New York. Continue presmestic uranium industry para- ent stockpiling of lead and zinc mount consideration in all fu- until said excise tax is put into ture raw material purchasing pro- effect. Copper grams. Maintain present excise tax on Rare Earths and Thorium imported copper. Instruct the Atomic Energy Commission to establish a price and buying schedule for thorium similar to that for uranium. Place a tariff on foreign monazite, oSM bastnasite, and rare earth sufficiently high to permit domestic NEW ISSUE producers to survive. A tariff of ten cents a pound on contained rare earths is suggested. Until these recommendations are ef mine-to-mark- et Re-exami- d . - st ate AMrAsttf. 0H"tM 5,500.000 SHARES 1 LATEST SITUATION REPORTS AVAILABLE - on Sleak Uranium URANIUM &OIL CO. Common Stock Non-Assessab- le GET THE FACTS ON Per Share Tho company Is in the oil and mining business and is presently exploring for oil on its Osage lease in Wyoming. The company owns mining property in Utah and oil leases in Montana and Wyoming. Officers and Directors Management EMPIRE SECURITIES CORPORATION Developments Properties 311 Finances South Main St. DA 2-05- 51 Principal Underwriter Write Today To: AN OFFERING MELVIN G. FLEGAL & CO. 4-36- CIRCULAR 19 OBTAINED - FROM YOUR Please send me, without cost or obligation, the latest information on BLEAK URANIUM CORP. Name .. BROKER Address OR City E,. OFFERING PRICE Phone EM 26 West Broadway Salt Lake City, Utah ts State Be Salt Lake City, Utah EMPIRE SECURITIES CORPORATION '911 So. Mala Salt Lake City, Utah Please send me a copy of the Offering Circular lating to Mobile Uranium and Oil Company. re- NAME ADDRESS CITY e ....... PHONE ......... ....... STATE mm mam m m b |