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Show " " 4X1 " , : . ' ' 1 -sU , ! . n . " PAY PROPERTY TAXES. York F. Jones, Operations Mine Manager at Utah International, Inc. presents check to Francis C. Betenson of First Security Bank for Property Taxes in Iron County for 1975. Witnessing the transaction is Larry Huser, Office Manager. In background is 10 cubic yard shovel representing near one million dollar investment by the mining company. Mining-Railroa els- Ufi lifies share major fax burden of Iron County It's tax time in Iron County. And for one of the major taxpaying concerns of the County Monday was the big day as Utah International, Inc. turned over a check in the amount of $173,439 to cover their property taxes for the 1975 year. The occasion was a special one this year as Operations Mine Manager York F. Jones, took the occasion to also announce the purchase of a new electric 10 cubic yard shovel costing approximately ap-proximately one million dollars. Jones turned the property tax check over to Francis Betenson of First Security Bank. Jones pointed out that Utah International, Inc., has made several additional equipment purchases during the past year, including the new shovel. The mining organization have purchased during the year two new 75 ton trucks, a new drilling rig and the new shovel. The shovel, a mammoth piece of equipment is designed to handle 15 cubic yards of earth, but is equipped with a 10 yard bucket at the mine, owing to the heavier iron ore. The unit weighs 402 tons and is expected to be put in service this week at the Comstock Mine operation. Jones indicated that the mining industry, along with other associated operations and services account for nearly 37 percent of the total county taxes paid. Information from the County Treasurer indicates that revenue of the top six property taxpayers indicates that mining continues to play a major role in the economic picture of Iron County. The top six tax payers in the county include the Railroad, assessed at $175,087.68; Utah International at $173,089.69; Mountain States Telephone Co., assessed at $146,266.04; U. S. Steel Corp., $140,308.31; California Pacific Utilities Company, $130,237.96 and CF&I Steel Corporation, $128,678.36. It was noted that not only are the mining concerns among the top taxpayers in the county, but that the other high taxpaying organizations are, to a major degree, involved in and associated with the mining industry. in-dustry. Union Pacific Railroad would be a small taxpayer were it not for the mining industry, it was noted. The gross freight revenue generated and originating in Iron County as a result of iron ore shipments is in the range of 14 million dollars each year, Jones noted. Taking this occasion to point out the implications of mining and its effect on Iron County, Mr Jones stated that he believed "Mining to be Basic." The Utah International, Inc. Operations Manager has done extensive research on mining in Iron County and concluded that what was said in January 1930 in a report in the "Iron County Record," was just as valid today as it was then. The article follows: WHAT MINING DOES January 1930 "Mining is unique among industries in-dustries in that, instead of employing em-ploying outside capital upon which to build prosperity, it creates new wealth. It takes ores from the ground, where they are useless, and changes them into taxes, dividends, wages and the necessities and luxuries of life for hundreds of thousands of people. It is a major factor in the progress of related industries and every citizen in a metal producing state, whether farmer, far-mer, laborer, teacher, or grocer, benefits directly from mining ' operations. Without mining, there would be no industries, no automobiles, telephones, stoves, surgical instruments, motion pictures, or any one of millions of services and commodities we now enjoy. In short, mining is a great industry and an essential factor in the building of a civilization. If we, as a nation and as individuals, in-dividuals, are to progress to the limit of our possibilities, mining must be encouraged." |