| Show utah needs development 1171 1 4 greatest need today Is more prospect shafts such as this one in order to insure her future well being what has happened to the prospector what 1 lias has happened to the small lallie op ector are ti alib pro producing lucli g mines doing ic I 1 Buin BU indent clent development forli these are questions qu es eions that ale aie being asked throughout utah and other western mining districts they are a all I 1 in important I 1 to the present war w ar effort and are not sufficiently in evidence ti a comfort comfortable aill s feeling toward metal brodu production e tion in lie f future ture the prod producer acer the sma small 11 mine operator or and development d work hava ha ve all alileen been neglected luring during the pas past t ten years and as a result the reserves reserve of f nonferrous non ferrous metals are below bel what 80 they have been during the ill e past 25 years tho the resources are here but a 11 stimulation lion Is needed to revive prospecting small mines and nd development v elo p ile t work when a pound of ore are has been mined ined it Is gone there Is 14 no second crop more must bs be found to offset what Is taken out or else tile the mine must close down what lias has happened the incentive has not gone as prices are good for or newly mined metals since the government recently offered a premium roi for newly mined or excess pr production the tha nation needs met as als I 1 and Js is w willing to pay for them the answer ans w er seems to lie ile in reg ula tion the sm all operator and tile prospector have virtually virtual e ceased ea sed to function because ot of a fear ear that exists ol of regulations of tile the securities and exchange corn com mission and development work in ili he producing rones hits has been cur tailed by mounting costs in other directions all great mines were once mere prospects adamany and many prospects are now woi holes in the ground mining is a gimble gamble and mining al ways mays will be a 0 gamble it future in mines ines are to be developed by pr IV ate enterprise rather than gov eill ment loan then the burdensome and complicated restrictions ot of the securities and L change commis commas won alon should remove the future ot of the mining industry Is at stalie stake and the future develop ol of utah resources are at 15 take stake it Is tims time to call for or a if revival 0 ot ill mining la in development it utah Is to continue centime its growth |
