Show i 1 S si 4 M 1 H M f I 1 e 4 i I U I HH 5 14 i i flu a wetter 11 in ai 10 I 1 d G 1 I i I 40 J 1 J I 1 MOORES PARK CITY properties IMAY faial consolidate I 1 in talking with a stockholder of the star of 0 utah the past week who Is in I 1 clo close s a touch and familiar with the moores int rests gave as his candid opinion that ans pans now under way would work out within the next thirty to ninety days which would enable the clearing up of all ail indebtedness and the resumption of work on oil a greater scale than ever before he also ventured the opinion that a consolidation of the star of utah the I 1 mayflower and park galena because ol of the tact fact that these properties have the same fissures constituting one big property divided only by imaginary boundary lines and which in our informants belief with aggressive and intelligent development would make one of the greatest mining combines in the state of course this would depend larg largely ely on a 0 higher price of silver and lead than at present but that la Is apparently one of the certainties of the future park city in a mining sense is taking an enforced nap and when released from its present lethargy things will happen that will make this greatest of all silver lead mining districts the talk slid and marvel of the entire great west dont let your faith lag in the future of park city THE SILVER QUESTION bimetallism bi bl now being widely advocated voca after a long period in which lt it dropped from sight Is certainly not a to be but it does seem worthy of intelligent analysis writing in the mining journal J D fisher an engineer ot of colorado advocates silver and gold ratio ot of 20 to 1 and says that no other single corrective step could be taken which could be as universally beneficial it if it were established he believes international obligations ligat ions tons could bs be paid credits would be restored and unemployment problems would solve themselves t it Is generally agreed that the depres 1 sed bed price of silver has been a vital factor i in prolonging and intensifying on an international scale the general industrial depression the purchasing power of alj whole peoples has been reduced to half hair or less of its former level trade between I 1 nations Is languishing and dying it if the rehabilitation of sliver silver will help bring I 1 order out of chaos the subject should I 1 have the most thorough consideration to determine its practicability metal mining means so much to many of our states that legitimate and cal encouragement of it affects the very stability ot of our nation CHAS MOORE RETRACTS WHAT HE SAID RECENTLY ABOUT THE SMOOT BILL S L park city utah I 1 dear mr I 1 I 1 have just run across the record ot of january I 1 would like to explain that when I 1 wrote the letter part ot of which you published in the record for january I 1 was under the impression that the smoot bill called tor for an ounce tor for silver instead ot of silver at the market price I 1 picked up a sacramento paper one morning and I 1 noticed that senator smoot had just introduced a bill to accept sliver silver from european nations on war debts at an ounce I 1 wrote the letter immediately after reading the short news item in the sacramento paper and then I 1 found out next day after the letter had been matted mailed to mr george fisher that the smoot bill was quite a different matter I 1 found out that the smoot bill called for the acceptance of silver at the market price and of course this mean anything if people have to go out and round up a lot of silver and put it in barrels and ship it at considerable cost to this country and can only get the market price for it they might as well sell it for the market price at home the smoot bill as it stands Is a joke of couise i j the smoot bill as I 1 understand it when hen I 1 wrote the letter or rather the idea of accepting silver from the european nations on war debts at an ounce was the best thing I 1 have ever heard of and the only sensible and diac thing I 1 have heard of that would do very much for silver it would make this country the dumping ground for a lot of silver and there Is no use to deny this it would allow the european nations to pay their war debts in depreciated money or money worth about 30 cents on the dollar these are the disadvantages 1 the advantages are that the european very not P paying ing us something and they are not going to pay us anything the way it stands now we might as well have a little silver dumped in this country and pay an ounce tor for it to people who will only pay 30 cents or 40 cents or 50 cents an ounce tor for it than not get anything A mart man owes you and he got the money or cant pay or will not pay and you know well enough that he ha Is not going to pay you he has a big crop of potatoes and the potatoes ale aie not worth anything that Is they are arc not worth more than 30 cents a bushel you say you will take bushels bushel ot f potatoes and allow him EL a bushel buhel and call everything square then if he wont pay you on terms like these you are absolutely certain that he Is a miserable scoundrel I 1 realize well enough that uncle sams shoulders are getting pretty well stooped from carrying such heavy burdens lately taxes are going up and appropriations are increasing the farmer a little help and he has had a little help during the past two beals and tile the lord knows that if anybody on earth deserved des erred it he deserved it the manufacturer and every dabs class of people except the farmer cr neaily every class of people except the farmer has been getting the benefit of the tails th tha farrer fanner got tha ilia benefit of a little government last year on his wheat and cotton and if any class of people ever deserved this help the farmers deserved it I 1 say that everybody la Is depending on oil uncle sam for a little help now and it la Is getting to be quite a joke it does look a good deal like D a joke to let these european nations dump a lot of silver in this country at an ounce I 1 know it looks to the eastern people and the eastern bankers bani cers and a F great many others like a big lohe joke and a handout hand halid out to the silver producers on tile the other hand we coald 1114 ic etwo or three billion dunces of silver 50 an ounce from ki at 1 the european nations during the next five or ten years and perhaps they could buy it all the way uny from au cents to 90 cents an ounce this would give them a chance to pay their debts in depreciated c c i money it would be forgiving about half of the debts tor for several deais we would I 1 be piling up a lot of silver here and we would be the dumping ground tor for hundreds 1 I 1 and hundreds ol of millions ot of ounces ot of sliver silver it do us any harm in the long run the time would come along when we could use it to good advantage the eastern boys had been howling tor for many many years about the several bundled million ounces of silver in the united states treasury but when the great war came along england was glad to borrow this silver and allow 1 00 an ounce lor for it or borrow it on oil the basis of an ounce it we should pile up two or three billion ounces of silver in the united states treasury it would not do us any harm and it would come in good play in due time it cost anything particularly to keep it iti in big bars or of pounds or pounds each it Is the hardest thing on earth to steal it will not burn up it will not rust and ailt it will not deteriorate it Is about the easiest thing that the human mind can imagine to take care ot of and store away it Is not like wheat or cotton or a thousand or ten thousand other things which cost considerable money to keep and they cant be kept tor for any great length ot of time and they require acres ot of room to store them I 1 am not like ft a great many people around salt lake that have got so mad at each other that they wont speak to each other the big boys around salt lake that are trying to do something rom ethIng tor for silver are mostly on the warpath karpath with each other and will hardly speak to each other because each man has a plan ot of his own and he like the 0 ther other fellows plan I 1 dont care about any plan myself and I 1 have no particular plan but I 1 say that this country can give the european nations a chance ch to pay their war debts in silver at an ounce tor five i or ten years and it will help the european nations and it will put them in a pickle they will have very little excuse then for not trying to pay up and the way it stands now they dont intend to pay us and they are not going to try to pay us I 1 know all at I 1 the arguments argument s against t this plan they say it will make a dumping ground for silver in ili this country and that we vve want our war debts dollar for dollar in gold or not at all well we will not get them at all they say that it would be a burden on the taxpayers well if we get a few hundred million ounces of silver it will be worth something and it will soon be worth an ounce because the demand would soon be such that silver would go up to or 91 1 25 an ounce we had better take a little silver than take nothing they say it Is a shame to put this additional dit ional burden on the poor taxpayer whose back Is almost broken and make the taxpayers of this country buy silver at an ounce when it la is only worth 30 cents an ounce they say this Is a whole lot worse than buying the farmers wheat at 80 cents a bushel when it was only worth 30 cents a bushel well the faim board saved the country from utter collapse and utter ruin in 1930 and 1931 there would have been at least five times as many bank failures as there were and there would have been an utter collapse ot of business in this country if 1 it had not been for the farm board helping the farmers out to the tune ol of something like two hundred million dollars which Is not a great deal when we figure the size of the count country y it if the 1 silver producers were helped out to the I 1 extent of two hundred million n d dollars list it would really do the country a billo billion dollars worth of good just 11 like the farm boards help to the farmers barme did the he entire united states at least a billion dollars worth of good or two billion dollars worth of cf good i our people back east who have all the votes and have all the power and who control things cant see that the tha miner or farmer should ever have a I 1 chance to stick his nose in the feed trough however the east has been standing with its nose in the feed trough for a hundred years these are just things tor for people to think about and it sharpens pens our wits to think about these things I 1 like to read mr streets writings because it gives me something to think about I 1 dont aggee with him in a 96 great many things and I 1 think some of his ideas are almost foolish on the other hand I 1 think he has some splendid ideas in many instances he might consider my ideas rather silly the point Is that it gives us something to think about and stimulate thought and in this way we will finally get somewhere the greatest railroad or the greatest fifty story building or the greatest bridge must be in a mans mind before it becomes a reality all these things must exist in ili the mind before they become real very truly yours CHAS MOORE january 26 1932 SOMETHING r UNDER THE SUN IN ORE CRUSHING AND concentration A mill designed to take mine run of ore and reduce it to the desired fineness in one operation Is being built by the J E knapp company market street san francisco tt it will be known BS as the hadsel mill and will be on an the market within the next month or six weeks says the arizona mining journal ot of lecent date the principal work Is done by impact which is caused by the velocity of the ore falling a distance of 16 feet and striking a series of 0 f stationary breaker plates the material after stil stalking king these plates tall fall through a circulating current of 0 water where tho the fires ore are wished olt oft and the coarse falls cack back into the bucket to be avalin elevated and dropped until the ore Is pulverized the mill proper Is a circular elevator resembling a standard sand band wheel the mill Is 21 24 feet in diameter 36 inches wide buckets 24 inches deep placed around a the inner circumference of tile the wheel jhb wheel Is overhung on a heavy shaft so bo that one side ot of the nabeel wheel Is c pen open and the other closed the lower halt of the thea wheel is submerged in wate tee the stationary breaker plates platea extend irto into the open side of the wheel and are located two thirds of the way down the continued on page four fi r saw I 1 fin mining fining matters 41 II ll 1 1 continued from page one ore after striking the breaker plates tails falls through the water back into the buc buckets i on the lower side of the wheel so that ithe mill does not dig coarse ore A mill having a capacity of tons per day taking a teed feed of 12 inch and crushing it all to minus mesh w would sted id consist ot of two 24 foot wheels in mounted ou n on one shaft and would require horsepower to operate it I 1 it Is claimed such a mill can be built at a 06 cost of around its as compared with or tor for a regulation concentrating plant ot of like capacity salt lake mining review I 1 CROSSCUTS I 1 the heavy snows ot of the past week I 1 blocked the canyon roads to the mines and miners borki working na at the mines were I 1 compelled to go through the various tunnels 1 ot of the different properties the roads are now being shovelled shovel led out and will soon be again opened to traffic there were some slides up empire canyon but no damage done I I 1 at present only one shift tr Is working at t the silver king western with this company it Is simply a matter ot of marking time until metal conditions improve when the youngster will develop rapid growth and attract attention I 1 tuesday the union pacific had its roi tary snow enow plow on the highline high line clearing the tracks ot of the deep snow and ore hauling from the judge unit ot of the park utah was resumed I 1 the roads to the various properties on the east side were all blocked after the big snow storms of tb the c pas past t week it would not take long to open thern them 1 ill if mining conditions justified it STOCK SALES FOR MEEK FRIDAY park city con loc silver king coalition and park utah SATURDAY new quincy 2500 2500 ac park city consolidated loc park utah sliver silver king coalition 50 4 MONDAY silver king coalition and TUESDAY new quincy 0 3 and ac park city con 1000 loc WEDNESDAY new quincy 1500 b ac park city con 1000 0 loc park premier 1000 ac park utah b 1222 silver king coalition loo 3 40 THURSDAY new quincy isi ac pak park city con loc ORE OKE SHIPMENTS silver king coalition park utah consolidated total |