| Show ent Seen As Hope For Utah Mining I Hopes for long needed help for Utah's ailing idling zinc lead industry lie in the hands of President Dwight D. D Eisenhower and the action he takes on a report recently turned over oyer to him according according- to Otto E E. E Herres Salt Lake City chairman of the National Lead and Zinc Committee e. j The confidential report on the national situation in zinc lead-zinc mining mining mining min min- ing was submitted to the president president dent by the United States Tariff Commission n. n Mr 1 Herres said that although th the report is confidential he feels sure it carries definite recommendations recommendations recommendations for action that would bring relief to zinc lead-zinc mining throughout through through- out the country Mr Herres pointed out that the report was made following g an extensive commission commission commission com com- mission study on the effects of imports import's of foreign m met metals e t a l 1 s on domestic mining The fact that the commission made any recommendations at all makes it likely that tariff increases increases increases in in- creases were asked for Mr Herres Herres Herres Her Her- res said If our arguments had hadnot hadnot hadnot not impressed the commission commissi n the matter wo would ld have died without a report he added Utah's stake in action to help the m industry is evidenced by th the fact that about 40 zinc lead mines have hav st stopped operating inthe m JD the past two years and more than 1000 men men have lost th their ir jobs This was the result Mr fir Herres said of ofa a flood of imports of the metals from wage low-wage foreign countries He lIe also stressed the fact that most currently active mines are operating at a loss to prevent flooding at t lower levels and cave cave- ins that follow prolonged inactivity In April a commission report to Congress Cong emphasized that profits in the industry had dropped 80 while employment fell 20 since 1950 The report also showed that since 1948 lead imports have jumped from 20 of domestic output output output out out- put to 63 and zinc imports have ha soared from 31 to The commission stressed the need for fora a strong domestic lead zinc in industry industry industry in- in in the interests of national defense i Mr Herres in discussing action that may be taken to return the industry to a healthy condition pointed out that the president resident can under the escape cause clause of the Reciprocal Trade Agreement Act ct b boost ost the tariff on lead from a pound to while the tariff on zinc can be raised from to A pound The president may also take action through the peril point provisions in the trade agreements Mr Herres said by i imp m p 0 o s s sin i n g quotas on imports from foreign n countries when th the commission shows domestic industry is in dis dis- dis- dis tress |
