Show what happens to the mone money of A mine PAID to LAS 69 C 0 0 I 1 bisect LASkI COST CI A C 1 0 0 Q V 4 as Y t 6 9 0 C 0 0 AJ I 1 0 0 SUPPLIES 4 D ce 0 Z IV 0 Q D 0 in ta C 17 Z 0 04 1 s aupke Q por 0 ta TA v X 65 SMELT M lt A breakdown of tile the expenditures ot of a mine reveals how money flows in to the state slate through labor busness business and industry A mine bar vests tests the under grounds crop of 0 minerals sells the product on markets largely in the east and then returns the receipts tor for employment in the state tile the accompanying chart shows i takhat hat berame of the gross value of 0 metals produced by the north lily mining company from 1927 to 1939 inclusive the mine was brought into production in 1927 the figures do not take into account several hundred thousand dollars spent in development work prior to the discovery of 0 the mine in all probability the development expense over a period of 0 approximately 20 years belora before ore was discovered amounts to exceeds that received by stockholders the amount received by stockholders was or 1177 per cent ot of the total produced no dividends have been paid in the last 8 years and moreover it the ore body were encountered today the cost of 0 mining it would bi substantially more due to added expenses in recent years the chart shows that the largest share ol of the gross receipts during the 12 year period went directly to labor with workers at the nine mine and sm itera receiving 29 18 per cent of the total of 0 2 labor also participated again in handling the freight manufacturing and shipping supplies mining coal tor for the mine and miners etc alter after labor received Is 18 pay it went I 1 into other channels 0 of business and industry taxes paid during the period amounted to 89 and today would be considerable more 0 on a an equal sized ore body added taxes the desirability ot of opet opening aing new mines tor for the states welfare elfare is ii readily illustrated by the chart |