Bisbee daily review., 1918-07-21
DEVELOP RESOURCE
FROM ALL PARTS OF STATE COMES SAME TALE OF INVEST MENT FROM FEW HUNDREDS OF DOLLARS UP TO s5o,ooO

This article deals with constantly greater metal mining activities in Ari- zona by large and small operators, in contrast with decline in such activities in other states, except as attends in- vestment in established producers. It sites the leaser and the small independ ent operator. together with largely financed enterprises which have en- tered upon development and produc- tiOn since the declaration of war, stirred in much part by patriotic mot ives, the determination to increase the nations available resources for the de- fense of its sons, and it points out a broader spirit of cooperation between operators and operatives than of previ- ous record. This latter spirit has had recent emphasis in advance in wages that was brought about by cooperation between employers and employees. and receiving further demonstration in the growing confidence indicated between employer and employe. Relative to higher investment and development in the state, the fact is dwelt upon that the manner in which progress is mak- ing means that at the end of the war Arizona will be in foremost position among the metal producing divisions Of the world to take advantage of the tremendous demand that must then obtain for immediate and vastly in- creased deliveries of copper, gold, sil- yer, lead and other metals.
 Despite Detriments
 Information from other mining states indicates an entirely different situation as to investment and the con- duct Of development activities than that eXtant in Arizona. Colorado in particular puts stress upon the fact that new investment and new energies brought to bear there is not in new properties. but in established mines with present earning capacity. It is one of the unfortunate outgrOwths of price fixation and its present plan of making the price from month to month or at most from quarter to quarter. Another deterrent is found in the un- certainty surrounding federal taxation and in its inequalities. particularly as imposed upon new properties, which must commence paying heavy taxation immediately their production begins, no matter how long they may have been under development without ill., come or how many millions may have been tied up without interest in the interim.
 Arizona's Salvation
 Explanation of Arizona's differen, situation is in some part found in the fact that a great deal of development was underway when war was declared ~T price fixing loOmed upon the horizon Those with good start made, orsaHi- cations going smoothly, funds availa- ble, and much to gain from getting into ore establishing the commercial char acter of their properties. found it the Lart of wisdom to buckle down to the job harder than ever and go the limit. This is what was done by more than a hundred organizations in good stand ing in the various districts of the state. Not a one of these has yet made who'll ly good but all are continuing 10 dig away. It is true that the patriotic has entered materially into the situation, probably in a larger measure than ma nv of the operators themselves actu- ally realize, but the business instinct has had its part.
 Another Class
 There is another division among new developing properties subject to still different analysis, comprised of operators who have started up since war was declared and who have had broad disregard of the immediate dol lar end of it, but wide open eyes as to the help they could give the country by bringing in a little more ore to make a little more copper. A few large concerns with heavy financial backing excepted, this class of opera tors is confined to small properties and leasors who have gone after rich ore in easy striking distance and are more appreciative of the fact that they have given something immediately available 10 the government for war purposes than they are of returns they have earned from their enterprise and ability.
 Notable Instances
 Tn the Warren district there Is Denn Arizona. whose owners decided tO pick the property up and give it whirl wind drive for quick results after war