The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1909-02-03
FINK SHELTERS
ARE FINANCED
Samuel NeWhouSe Returns
From New York With Good
News for Mine Owners.

BY the first OF April 1 shall begin tn
construction Of works in this city for tn,
manufacture Of Fink smelling furnaces
and it will not be long after that until i
will be possible for mine owners and op
orators 10 secure what they may reduir,
IN the matter of smelling equipment" saie
Samuel NewhOuse yesterday
In addition TO that. let me say that
just as soon as the business requires it
large refining works will also be esiab
Eshed right in this valley. so that every
producer Of Fink smelling products car
tind an instant market without going
away from home, SO to speak. Plans fol-
the proper handling Of these new enter
prises are maturing rapidly, but 1 do moi
wish to go too deeply into detail Just al
this time. l shall leave for New YORK
again almost Immediately, having come
nome at this time, as you know, partic-
ularly for the purpose of attending my
niece's wedding"
Mr. Newhouse states that he has re-
eeived proffers of any amount of money
for the financing Of the business that will
pc ouitded upon and around the smelling
furnaces that have already commanded
the attention of the mining, smelling and
metallurgical world The names of the
most powerful capitalists in the world. not
heretofore recognized in the smelling bus
mess. Will be identified with the new I'M
dertaking- Mr.. Newhouse has sirnp
been overwhelmed with offers from cap
ital that would like to buy and control
the process, but to these he has turned a
deaf ear.
While I fully appreciate the opportu-
nifty that this smelling process presents
Tor making money. / want 1t to accom-
plisn more than to simply make divi-
dehds for the owners; / want il to bene-
lit the miners, the men who produce the
metal. and l want it to help the manu-
tacturer and the industrial world as we'll
II. for instance We can make copper for
less money than it is being made today,
we can sell it cheaper. and thus extend the
field OF its usefulness. More mines can
be opened and operated at a profit and
thousands of more men can find steady
and remunerative employment. The rail-
roads can electrify their systems for less
money and do more of that kind of work.
asd the metal can enter into thousand
of industry from which its cost
now bars it, I expect this process to
make money for me and my associates
ana 1 expect at the same time. to make
its discovery q blessing to mankind.
Just think" continued Mr.. Newhouse
what il will mean to the mining indus
try for LOCO mines TO be operating a Fink
furnace of 100 tons daily capacity. That
would mean the reduction of 1000 tons
or ore a day. more than any smelling
works in the world is treating TODAY. /
expect TO see that happen before long.
You see that would mean something to
The miner; il would mean something to me
and my associates. This would not pre-
vent big concerns from using the process
either for individual or custom work But
Z would help to make times lively all
through the mining regions; it would bring
prosperity to thousands without hurting 4
living soul, and that is what is going to
happen
A Denver paper the other day was quot
ng one of the Guggenheims to the effect
hat the Fink process was nothing new:
nat the inventor ought not to have been
allowed a patent upon it 1t was declared
hat similar process had been worked
out at their Baltimore refineries and that
.urther tests were being conducted at
omaha Then q young engineer an old
ichooimate of the inventor of the process
icing tried out by the Guggenheins comes
'ut and says that, while the Fink method
'eduires only twenty-five horsepower of
mercy to make blister copper. the pro-
'ess tried out at Baltimore requires 1000
horsepower, and as yet is not doing the
WORK expected at that When Mr. New
Houses attention was called to the state
nentS and claims Of the Guggenheims
he simply said that he was not botherinR
bout what other people were doing; that
ie would get busy, however, the moment
yoody undertook to infringe on the pat
nts covering the Fink process.
IN a snort time the plant out at Garfield
will begin making runs on silver-lead and
Inc ores, and Mr.. Newhouse promises in
eresting news concerning what the pro-
eSs can be depended upon to do with such
lasses of ore. He says that the appfi- |
alton Of the process has already been
worked out. but he wants the world to |
earn Just what can be accomplished in !
he adult works. SO that there will be no |
question in connection with the business |
hat cannot be covered BY results obtained /
n a commercial way.