Show Need Need For Unity Seen I In Mineral Industry Americas America's need for mineral resources resource's reso rc s I Is growing and with it It the need for i I hemispheric economic unity and political political harmony says Engineering and Mining I Journal The Tho mineral Industry must realize re the significance of or potential developments in ln Latin America the magazine states I Industrially speaking much of Latin America is right now about where the I United States was at the end I of fie e Civil war and the opportunities for ex expansion eX- eX i. i pension are tremendous However heavy taxes and exchange controls discriminatory tory government regulations and libor bor l union harassment have caused us an- an n- n I e eIf to refuse to go In I If U owned home-owned Industries were devel devel- developed developed developed in a country now preoccupied with witha a very few owned foreign-owned mines as Its chief source of ot income much of the bur bur- burden den now born by such mining companies might be relieved I IThe I The day is fast approaching for many metals when a choice will have to be t I j I nade made between going abroad to mine i high grade ore bodies or staying at home j I Ito Ito to devise techniques to handle profitably I Ithe the lower grade refractory ore bodies known in this country or to undertake the expense of locating deeply hidden deposits depo t The US U.S. government could help our I mining companies a great deal In their attempts to set up working agreements that are equitable and fair to both par par- parties par j parties ties Ues but the lack of a coherent foreign mineral policy makes any attempts in In- In effective i |