Show utah smelter closes copper unit 5 a A n N I 1 y q 15 4 1 m ju n go gg lack of sufficient clent oro ore costs ornI shadow over major utah industry Indu closing of the copper plant ot of tho the international smelting smelling Sm elting ro re lining company at tooele thoele utah casts an ominous shadow over the welfare of utah and one of its basic industries the plant ceased operations on june 30 tor for an all indefinite period insufficient ore and the lack ot of manpower are given as aa the reasons tor for closing it la is a million dollar plant and buys ores not only from underground mines in utah but all over the west there Is only one conclusion to be drawn from this piece DIM ot of news and that la ja that conditions in the mining industry are not healthy of course wo we do not notice it so BO much today as the other groat great war industries will keep men employed and i d industry generally moving tor for the I 1 duration but what of the future the postwar period for an industry that normally employs directly and indirectly 47 per cent of the states population closing ot of the plant cannot bo be brushed off na as war casualty the reasons go tar far beyond the war they aro are al culmination ot of events over a period of years which have tendel tended to restrict the industry utah and the west are not running out of 0 ore nut but it that ore Is to be found and brought forth and the industry flo flourish trish and prosper in tho the postwar period an at atmosphere of 0 encouragement in wl which ilch it ca can i wor work mu must t bo be provided it venturo venture capital la is to flow into underground development again then rules rulea of the tha securities and or ey change commission must bo be revised and tho the ever present thre throat a t of cf con on fis citory taxes must be removed remo d and prudence pruden cs must be used in tiny any tariff adjustments that would lot let down the bars bare and force domestic a mines to compote compete in an open markot market with cho che aptly produced foreign metal closing of the tooele plant to Is a challenge tor for action among utahna who wish to tako take a hand band in the states future |