Show PRESIDENT OF AMERICAN ry t IN INTERESTING DISCOURSES i. i p f. f j 1 Conference of Interests in Proposed Bingham Merger to 4 Follow I Arrival of Newhouse Newhouse- From the East UTAH'S UTAH'S ZINC ZING ORES TO RECEIVE TREATMENT f Daniel Guggenheims Guggenheim's Frank Utterances on the tho Decline of t I. I f f Silver His Silv Silver r- r His lis Company Will Equip the t w G. G Group roup 0 of f M. M Mines lIles I I j i I do tin not cam ro to discuss negotiations J to a possible amalfi amal- amal oi fi of uC at ut liam ex cx except ex- ex r t. t i copt In In the presence concerned pleaded Daniel Guggenheim GUg of oC the great g Exploration company originated 1 h by the house of Gu Guggenheim last Jast 0 r night ht That wo we are arc here for Cor the I purpose of negotiating to that cn end It I would of course COUlse be bc rl ridiculous to lo toI I i den deny but an any conclusions at al which I might arrive c must be speculative Lets Let's dismiss th the subject Accompanied b by his brother S. S It n. GU Guggenheim now an active member and an executive in th the organization S. S AV W. Eccles vice president and man man- t p of oC the traffic department W. W E. E secretary and Isaac Unter- Unter meyer cl of counsel for Cor the organization linn tion Daniel Guggenheim president of the thc American Smelting Smelling Refining company arrived from the cast during dur dul ing the afternoon and found reservations reser reser- reservations awaiting hint him and his party part atthe at ut atthe the While 1 h ho he avoided l that that relating to lo the projected merger el of f Ginghams Gingham's be aring c estates estates- there thel were ere other oth subjects of equal In Interest In- In terest st to the local cal reader IC perhaps haJ ami and upon lIw these c ho c expressed ed himself v freely Icel Interest t In III Plant With an nil enthusiasm that he made madeno no nn effort to conceal al he anticipated ll the blowing in iii o of the new copper plant nt ul Garfield front from which the tile producer Is iM to derive c nil all the benefits and anil ad advantages rid rid- vantages that those of Colorado areto are arc to enjoy enjo In III the of of 2000 HJO which hits has beers bee appropriated for or tile the Improvement of 0 the C company's 1 plants In III that Hint state This ev lit President President Pres Pres- i ident Guggenheim Is assured as b by the i management ni ent cn of this division Is to be i accomplished within the next sixty days USo and find with It at t l least lS much id td td has hn looked c fot for for- jv which the lima company y h A 3 n l In n pc Us its ts equipment hi r rr r f. f the thc state talo will Ill have been een achieved 1 An And with this 1 equipment P President t Guggenheim sees gees how It h Is possible for fill his company compan to operate co to greater extent nt with the producer while maintaining the earnings to 0 which the company Is entitled ent ItIs It ft ItIs Is our intention he hc explained to tomake tomake mal make e every c concession Sion to th the pro pio- producer ducer and to promote out 1 own resources re- re sources not by ridding adding to the working charge but to reduce It to the least pOsSible CX expense C 1 to the thc customer nor nordo nordo do do I believe there Is l a just one ono among tho the who will ta say tay other than that hat this policy hilts bus been observed h by the tWe r management ana wherever a 11 furnace fur fur- I nave nace has been operated d b by It Altitude ll cm un Zinc c Smelter Smeller tf t Provision for fo the tho re reduction of the zinc ores Well we have already aheady tn- tn In Installed stalled a plant for tOI the reduction of this product in Colorado and after cr efforts comprehending a n period of two years year's believe we wc have i Improvised methods and anti perfected devices that l 1 will enable us to lo attain all alJ that pmt is possible In that department of oC the ther r science Having accomplished this it itis is 18 the lie intention of oC the company to r construct smelters for the reduction wherever ll and in l 4 of tho ores 4 whatever 1 state the supply justifies r II Tl is along this line that the effort of shall hall be lo tu further A the company pro pro- r Moto molo the Interests of oC the west t anti and It H is not unlikely that lint tho the of M zinc ores in this tills commonwealth alth will necessitate the construction n of nf a plant with i which to reduce them Of course we ire shall not be he to tn 1 r l-r J. r al ground for COl a zinc plant how vor tin tai tinI I ill til tho the output of the state Mate and It Its nel neighbors are arc such Kuch as in to re require It II Of OC the pinup roul of misses mines I Shasta county California another on- on undertaking un for which the country colin I Is I Indebted In- In I I to tn western wi-sti-rn activities President 11 i GU Guggenheim confessed that his I com I had tad acquired control arid and a TIll hit th j jUs I pan I In will 1 be taken inU In Inu Us Its equipment nl u n short IId t time tim What hat the lie of nr this equipment will vIll he be hris 1115 not ot bc i but It will definitely ly decided upon probably consist l of furnaces which lr In reduce luc enable the company to rt q the life copper gold and silver bearing i ot oi-cs oi cs to a mat matte te If Ie It Is not nol 11 Into pig pig- copper copier 1 on tit till ground llott's How llott l ever C It IK It the Inie tent Intention ullon to spare spar s Ing that the beet results resells front from rol 1 so Huge Jiu I raft all asset shall h be obtained nl 1 lw es S Silver Decline Il His attention being called to the thc deef lIw ne of sliver r while hll those tho-o more with situ the needs of the colt coh- CO conversant II CIt ad- ad predicted pronounced had cia cia- ci em embraced l- l 7 the subject wa was wa- cn Gug-g Gug Guggenheim l President braced Ll h by That those thOl- predictions have haxo no fulfilled If IC writ not exceeded l said ald been beat attitude bf JC t the lib tL because of the 1 he n Is rule Iule of the tho t treasury As a n secretary discuss the Eastern man IK It afraid to Ue the although an and to protest this thI his subject met met- net but knows that thal the the- white Jo not one II I discriminated attl against has been n I al nl might como come comer realize what hal harm ful fully y cotna coinage c Of silver r r rom the Chinn r and other 9 conc con con- unless met join In the Should hould c corned not 1 dim Insist that sll r tIl s 1 but hul b Ill be discriminated n against It is unfair un- un f fait fair Is IH now no I Silver silver you ou must which of or tho the ground product the only In some way nay b by the Is not protected coal t. t tn O that c commies commies' fro from m and el c gold but silver er are nrc prote the ground r does llo s 1 not t a. a l ks k of oe O course the hut halt ho hI ha hat hatI ia s CI cr lit E o protected that ml i ir t It bo hI tint not tint in I n a l it ht t to n ash l. l t tin lusted tt ha need UN nt the Ins she gu amount o os 01 il moderate or of a jl Ino m c-m nt time subsidiary c coinage lna e eSI s tc in lu SI for 01 use of or Colorado Nevada c a a And AUlI the lime people I I I Idaho Utah and 1 silver 1 l' l I producing In ing states slates ha have a right to demand that lint the tho government 10 go JU Into tho the kel ket and amid buy silver II ho I. I whenever cl as n now it Ills Is needed for COl subsidiary coinage c. c The I government huts has no iio n l right light to tn melt up UI the tho silver bullion on hand fur for this purpose pur purpose pur- pur pose 1 as l the secretary of or the tra treasury UI has ju just t done dolle This action Is illegal al and most unfair to the silver producing ing states slates Let till the government go go so into the lie marl market ct and amid buy bu silver iJ when It IB is I needed needed need need- e ed and show China and ld the other countries countries countries coun coun- tries interested that the lie United States is not afraid to p purchase the white metal The people Of f the West Vest have havo havea a right to 10 make this demand on the government oo ith the thC representatives e 1 and sena sena- senators t tors b froth Utah than and the entire e West Yest united in an endeavor endeavor l m co to ab abate abete tc this discrimination I have no doubt that hat something Is Ic to be accomplished Wo Ve are arp not asking for help lp all J w we ask asle is for COI fair Cail pla play and I believe be th the countr country country coun coun- tr try will wU concede it to us While President Gu Guggenheim declined declined de de- the the- dined to comm comment upon th the tho presence of Thomas F. F Cole Inthis arena ho he howa wa was vas manifestly lI Interested In it L J Like others Mr Mi Cole aJl appreciates a big bij thin thing when he secs ics It It IL and If ho hp can get a ain undoubtedly h he will embrace it t. t Of or the achievements f of if Mr II Cole the he distinguished Un fl visitors visitor lOI Sl spoke ke J in the time theno mOHl no L complimentary u terms nor nOI did he hc hesitate to congratulate te the state upon his u's presence In III its diggings With I tit the arrival olTI of or Mr Newhouse who vho Is speeding from the East gast the hILT conference nce negotiations at will wUl be c convened while with withie I he ie arrival of A. A Che Chester Beall from front he ic West Vest cst the negotiations for 01 Int Interests Ii 11 i gJ Ily- Ily will 1 be ue reopened Mr 11 Gug- Gug and his hi party Will vill I II remain lost of if the IH prevent present week cok In hi the state tut J. J Ith n tic the c mines as OM OMen en n as the plants o n shave c attention and 1111 while Ing will be HuboI to 10 the big big- undertakings Ig that have hn Drought brought them hem hem c t. t there will no doubt be bo In- In for pastime |