, 1869-01-11
TIE TAHtFY an COPPER.


1,.l'la"fu Cnppsr Company, In. adircss. !
et II istssE TO it,c Scnnto rc.nunn&ratinK
sgAinnt tue rassngc ct tho bill incrnaslug
the dAtits upon imported camper ores.
Mir. MsT'in tln.ts aomu Important facts
ltnppea1s that the copbtr tr0,n The Lake
Superior n'inrs il net H',ta!ned from orcst
but irt m ppeE.bearing quartz. The ktt.
Jhu1et t.ts, from which copper IL ohtain'
ed by smelling, are In Cal:torniA, Vrr-
mont. North Carolina, New Jericy, Ne.
vada, Maryland ard Tennessee. These,
be asstr:s, cannot be smeltel at all With
out the adul,x,ure of carbonate oree. 1t
is these cs1bona'e ores alone which arc
imported. and which arc imported not
ie, the copper they contain, but to Use
them az f1ux with which to ex'sact the
copper IRON the sulphuret cres Of Ibis
country.
These carbonate ores are obtained from
South Az erica. THIS ore in Chill cosss
$s7.61 tor, ard y,eld5 Of pure copper
403 pnu1ds ptf ton, making the cost OF
the copper ccntai3ed in il o13s.{ cents per
pourd in gold. Adding the present duty
Of pr cent increases the cost
Of tie copper to 2215 cents per
pound in gold. The advocates Of
ap increased tssiG assert that this i'm
ported copper, Which costs o211k< cents in
gold per pound, is cold at prices ranging
from 20a4 to ~ GEMS in currency per
pound, TO heipjary Of the Like Superior
mining companies, wao cannot produce
thtlr copper at less than q GEMS per
pound, in currency. TIE fa's1ty II the
rep1est n's:ion is tquetIsd only by its a.,-
s11,dis5, wien tae fac. is shown that the
fore gn c"pIsr nrts ere not imported Tor
s1neat.t G, hut TO he pssl as tux lor tbs
smelt!rg CT :he Autr'cap sulphuret c1es.
We're The ''tjeet to sa,el. toreigu rree, the
biue suipbnre1 nrts OF Chil', hesring -
pr reDt.f pu1e cc,per, wo"la be :.n-
rcrtes', ard not tie carnooa1e torls, which
te=E hui IS i'.t cent Of pure coancr.
The sufFs uEst copper mines 0: the
caurtrc are hy no n.eans INSIGNIFICANT.
In 1867 Cs:itu1nia exo7Ited to England
5,'js, 900 peurds OF snlphuret ore. Out
OF these ores there wss utsnufhc: urcd, by
tue aid ct The ca1bo1l:c f1ux imported
iron, t"rcign coup,rics, copper which
cctssfull7 competed in England
with ccpp.r m>dc at Swansea,
fron, The same California sulphurets.
Four thousand ono hundred and nine.
teen tors OF carbona'e efcs were import
ed into Baltimore during 1861, but n It'll
out these c'rhona.es hot one pound Of
the 24.U00,0U0 pounds Of California sui
phutes ore could have been smelte1.
The whole amount Of American sulphu-
ret copper ore smeltcd by the mid Of the
lmp5rttd carbonate ores In 1861 WAS
al,uG0 tnls, Of waich HOOD inns came
from California, and 10000 tons were
r1oauced iu the Atlantic States.
To place pr5hibi'ory duty upon this
fcIeiEn fl4l-;or it is nothing more-!s to
crush cut tEc entire couccr production
SIX CT etgh. Safes In Tennessee they
have sulphnret orts, but III tha: State,
3lr, Martln explains, they have an abun.
eante of sooa, frnm which they c.n hsyc
an Unlimited supply OF charcoal, render.
ing The importet llx unnecessary.
The Production OF copper from the sui.
phuret mines is legitimate, pcrmancn,
busincts, carried on By ths owners OF the
minis, AID not as an auxiliary to she
stock market, Mr.. Martin says. and with
great force aI1 truth, :ha. The l. Ike Supc.
rioz miBts are owned By stock companies
whose prof is are mostly dependent upon
the rise and FIJI Of stocks, and not upon
the aetna, products. The capital ingestes
In the salphuzet mines is real; that in III.
copper companies, nomiau'. A s:ocl
cnmpany works upon It's s:ock AMI no
urnu its u,lnts. Tnase WIN org 4niz: cop
PR au.1s2 mining compauits ISSUE ten dol
1ars' wef,tl of at ok t,r each uoli1r ac'u
ally invcs'ed; they waut prin:eiy diyi
dends, not upon The SC usl hu. the fame
capital, and % ID his seek monopol
Of tho coppsr production, by ctnsh,n
out Of cxts,ucr ali lhe mines which ar
worked ~"" sctual capis.1. llay!os til,
mcnopcty they csn sell tho stock IT. c,
traraRsnt 1,rIceA
CONGRESS is A,kt5, by tA's I'LL, to MAX
the prntsuc'tou ct copper monopo1,
RId to ci,se up all The aulaAnro. c,ppc
n1ints 10 The country. 4 greater 0u rae
w:sncver attempted unter the TORN. {
leeis}a1lon.