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Show , "Mr. Kuhn and myself believed It was best to maintain the Independent entity of our property and have hoped to see this done. , "For the gentlemen who nave been in control of the Utah Copper 'company 'com-pany I have only the highest regard, and would accept any statement made by them as absolutely true and correct." my6clf are entlrelv true; the figures, however, concerning Utah Copper are Mr. Phillips' own, and neither Mr Kuhn nor myselt wish it to be understood under-stood that they are ours, or that we indorse them. I fee quite snro that Mr. Phillips himself did not Intend to give any other Impression than this, "It is entirely true that Mr Kuhn nnd myself have been opposed to tho so-called merger, but not for tho reason, rea-son, that we doubted the statements made by the engineers and officers (many of whom are personal friends) of the Utah Copper company concefn-I concefn-I Ing their property.. SHAREHOLDERS TO vote 01 mm Sn't Lnkp, Feb. 9 A number of i-tntemonts have b?cn made by l'rcsi dent James Phillips. Jr., of tin Nevada Ne-vada Cons'.lldstod MlniT cumpauy I relative to the position ho has i taken In opposing the merger J with tho Utah Copper company. Despite tho fact that he 1i.ih been outvoted twice by the dlrpfor of his company, he. continues ti carry I ihe tleht to the Rliareholder. and the ; result of the shareholders' meetln c-n next Tuesday will bo watched whli ! no littlo Interest, by mlnlnc men and financiers In all pints of the country, j Some surpibic has been expressed at the .action of some of the directors of the Xovada Consolidated Th s is especially es-pecially true of W. HInckle Smith and C. Martin Kuhn, who were opposed to the merger and yet voted In favor of submitting tho proposition' to the shareholders of their company without with-out comment Mr. .Smith wa$ asked by a representative repre-sentative of the Philudelphia News Bureau whether he and Mr Kuhn, his associate on the Nevada Consolidated Copper company's board, w hen vol Ing 10 send tho oiler of the Utah Copper company for an exchange of stock to the Nevada Consolidated stockholders, stockhold-ers, had withdrawn their opposition to the merger, and also whether they Indorsed the statements concerning Utah Copper as set for.- In tho letter to the Nevada Consolidated Htockhold-ers Htockhold-ers by James Phillips, Jr., president of the board. To this Mr. Smith replied: "In answer an-swer to your first question, would say up to the present time the poBltlon of Mr. Kuhn and myself In opposing the merger remain the same as it has been. It seemed entirely proper to us i to transmit this offer, coming as It did from a reputable concern, to the ! Nevada shareholders without recommendation recom-mendation (no statements having been presented to the board on which It would act except those contained In the letter of the consulting engineer to the company, and which we think all stockholders are entitled to re-.eehcL re-.eehcL There Is no significance, therefore, in our voting to present the offer -to the stockholders. ' In reply to second question, would sav that the statements nude by Mr. Phillips in tho first part of his circular circu-lar letter concerning Mr. Kuhn and |