Show S 'S Senator Bennett Says Kennedy Policies Could End Utah Mining i pAtUt PAnK CITY Ben em Wallace Oe F. F Bennett m. m U- U Utah MId said Friday that t adoption of the bolides s of Ben Sen John F V. Kennedy in the field of mining 1 could Very err easily mean the end endot of ot of most most mining operations In Utah Utah A AS S Decrease Profit Speaking at a luncheon meeting meet meet- ing tf in tn the Mcm Memorial Building Sen D Bennett noted that Kennedy has hl bills repealing repent repeal repeal repeal-ing three times sponsored tog ing the Silver Sliver Purchase Act If U this act net were repealed many lead lead- Ine mines and other mines throughout the tho West could find t their margin of profit would suddenly disappear Sen Ben Bennett Dennett said eaid Tho The Utah senator noted also alsot t that Kennedy has consistently supported legislation cutting the depletion tax deduction f for r c coal al and metal mining and for oil and I gas Such reductions ons would be particularly particularly par par- harmful to j our ur growing Utah oil and gas Bas Industry try because Utah Is a high-cost high exploration state Sen Ben Bennett said Much I more money has been spent in tn exploration ex cx- and drilling In Utah than has yet been taken out in tn oil revenues Tax Loopholes Loophole Ben Sen Bennett Dennett noted rioted also that Sen Ben Kennedy had promised to close tax loopholes Including the depletion allowances for tor coal mining g as well as oil and gas and nod that he has consistently opposed opposed op op- posed efforts to protect the do- do coal mining Industry and the oil Industry from foreign Ira Ira- Ports orts of ot oil Sen Ben Bennett Dennett also attacked the Kennedy farm tarm program which he ho Mid Ud will Increase the cost of groceries to every American housewife housewife house house- wife by at least 10 to 15 per cent He Ire said that many agricultural experts pl placed the Increase in food prices under the Kennedy program program pro pro- gram as high as 25 per cent but raid cald that Sen Ben Kennedy himself has admitted that the increase will be 10 to 15 per centI cent I 1 I think there is b no no question but what that if Jt the tho Democrats win his ele election we will see soo food prices again begin to sk sky rocket rocket as they did the last time the Dem Democrats were In power Sen nenn Bennett tt said A largo large group of 01 Republicans greeted Senator Wallace F. F Bennett Bennett Ben Den I nett at this meeting and enjoyed his splendid talks y I |