The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1893-02-12
THE PROPOSED PLANT.
What Posey and Green Promised at the
Citizens Meeting

What Posey and Green Promised at the
Citizens Meeting
The question was frequently asked by
persons who subscribed their names to
the bonus, "What kind of plant do
Messrs. Posey and Green propose to
erect?''
1t can be now said without any danger
of interfering with the subscriptions that
these gentlemen have not as yet commit
tep themselves to any proposition further
than the general statement they made to
the citizens who were present at the con-
ference held at the Knutsford hotel. At
that conference these gentlemen indicated
their intention to erect a copper smelter
and refining works that would cost about
$500 900 in some wertern city. They said
they did not ask for a bonus, nor did they
desire TO pit one city against another. On
the strength OF this the citizens Volun-
tarily went to work. Alter the PROPOSE
ton received the endorsement of
the chamber of commerce and Bust
ness Mems association, the citizens
generally acquiesed in the scheme and
Went to work. L. l.. Terry, who had a
personal acquaintance with Otto Stall
man, the metallurgist, and knowing the
high financial standing of AIessrs Posey
and Green, was largely instrumental in
giving the people confidence in their
ability to carry out their proposition.
Alter dividing the city into districts,
the soliciting committee succeeded in
roising SCI, 600. This left a balance of
$50, 900, and as Messrs. Posey and Green
demanded an answer by u O'Clock on
Friday, the city council was asked to do
nate $50, 000 The amount was cut down
to S25 200, leaving a balance of S14, 600 to
raise. Several large subscriptions, in
Guiding that of s., 900 by the Auerbachs,
were expected to mature.
The committee continued their work
yesterday and succeeded in raising sew
thousand dollars.
one of 500 from the Brick and Stone
Masons' union. The employees of the q.
c. M. l. raised $40.
THE PROPOSED PLANT.
No more definite description of the
plant which Messrs. Posey q Green pro-
pose to erect has been made than that it is
to cost not less than $500, 900 and give en-
ploYment to 300 hands. In addition to a
copper smelter there is to be an electro
lytical refinery, by which the silver and
gold can be parted and the copper made
absolutely pure. An important part of
the concern in a manufacturing sense will
be the Introduction or machinery for
making copper wire, The copper will
leave the refinery ready to be drawn out
into wire, the silver ready for the ieWeler
or mint and the gold ready to manufac-
ture into souvenir spoons, every part
ready for the market.
Blue vitriol will also be one of the i'm
portant products of the mills and it is
used extensively in stamp mills and tele-
phone and telegraph batteries.
On the start the refinery will be sup
piled the copper matte output of the
Durango smelter, which is about ten tons
per day. At present it is sent to Bridge
port, Conn.,, for treatment.
When Colonel Estes was asked as to the
size of the buildings that will be required
for such plant, he said that he could not
give their dimensions, but that they
would cover great deal of ground. The
machines for the elecJrolytical process of
refining copper ores consists largely of
dynamos.