The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1888-07-29


re6ners' profits are taken into consid-
GRAFTON. and no additional burden
should be placed there. The whole
source for complaint arises from an in
equitable Distribution Of profits, AID
apparently tbera Is no mose FL. ctual
means of remedying this condition Of
affairs than by legitimate, well con
Quoted orgeniZstion. Ii the L 200
wholesale grocers III the United States
VIII Only combine for far and reason
able pu pos S, such as will Conma and
the support of public sentiment. they
Will have the power TO compel the
Trust and it's followers to join hands
and adopt live and let live" policy
"Ths idea expressed by a mine owner
in your Finance and Mining column OF
week ago, is all wrong" said W i
known assayer yesterday. The idea
That the snelters have Killed the goose
that laid lhe golden egg is very pretty
siUile, but The route is that It doesn t
at all apply to thu case in question.
Not at all. The fact is that when the
representative of the Pueblo smelters
was here, there was a lively war, and he
carried Off good proportion OF the
ores produced in this section. OF
course, prices were higher then than
now; but the producers were being paid
considerably more than they had any
right to expect. The result was, the
Pueblo man dropped somewhere in the
neighborhood of a quarter of mil
lion, and when he returned his resigna-
ton was cslled for. AS Is result of all
TINS, the producers imagine they
should receive the same prices now as
when thus ruinous competition was 60
ing on. The shutting down OF the
smelJers is due solely to the dlscrimina-
tion Of the railways in favor of eastern
points. For instance, the rate on ores
from Park City to the Missouri River
is $12-t0 Salt Lake, Sc per ton is asked,
and from other points he rate is pro-
portionate. As a result, Utah ore is
forced east, when it should be left in
this valley. There is no necessity for
pound of Utah ore to be sent abroad to
ne smelted The Hanauer. Mingo, Horn
Sill. erS and Germania have sufficient
capacity to handle every cents worth
Of ore produced in Utah and such
shipments as are now received from
Nevada and Idaho. Indeed, doubt
very much il eaough ore is mined and
shipped into Utah to keep these smelt-
ers running to their full capacity. The
shutting down Of the smt tiers perma-
nently would be most serious blow to
this valley and the mining interests of
Utah because there are many mines
which produce ore of grade that is
not rich enough to ship, and as there
would be no profit in extracting it and
leaving it on the dump, the low grade
mines would necessarily be forced to
susp Nc operations. l believe, and
am in position where such knowledge
is obtainable. that the smelters are pay
ing as much for ores as the present
state of the lead and silver market will
allow. They cannot do more than this.
Let the railroads cease discrimination
against US in favor of the east, and
more mines will be opened, more smelt-
ers put in operation, and Salt Lake
Valley will glow with dozen furnace
lights where there is one now. Then
producer and smelter will both be salts
lied; then may we hope for greater
prosperity to attend this most import
ant industry"