Mohave County miner and our mineral wealth., 1920-12-25
ADJUSTMENT OF METAL
 MARKET NECESSARY

The United States tariff commits sion has issued a report dealing with certain minerals and metals especially affected by conditions arising from the war. The minerals covered are manganese, tungsten, magnesite, graphite, quicksilver, chromite, anti mony, potash, pyrites and sulphur. Most of these were used during the war, directly or indirectly, for mili- tary purposes, and readjustment to peace conditions has been slow and difficult.
 During the period when foreign sources of supply were cut off entirz ely, or were rendered inaccessible by transportation difficulties, domestic deposits were called upon for extra ordinary production. In the case of some minerals American producers were able to extend the scale of their operations sufficiently to meet the in creased demands without materially raising the unit cost of additional out put. In the case of other minerals, however, larger supplies could be pro- duced only at costs far exceeding those which obtained before the war. Following the cessation of hostilities, the demand for number of minerals and metals diminished. Foreign SUD- plies once more became available in the American market, whose obsorp- tive capacity was suddenly reduced. prices naturally responded to a dis crepancy between the lessened demand for these materials and the larger available supply, with the result that much of the development of domestic mines proved unprofitable, and in some cases even accumulated stocks could not be sold.
 This condition focused attention upon a group of minerals, some which had, prior to the war, been considered as ot minor importance A certain amount of relief was afforded in the case of tungsten, manganese, pyrites and chromite, the war minerals relief act, under the terms of which a finan- clal indemnity was given to investors who had developed deposits for the production of these minerals for war purposes. It was also proposed that ! the; government give direct bounty to producers of certain essential min erals and metals. Regional freight rates on government controlled rail roads were also proposed, as we'll as tax exemptions of various sorts. In order to exclude foreign supplies, en- oargoes were proposed and. several bills were introduced in congress for higher duties to protect domestic pro- ducers. None of these projected meas tres, however, was adopted.
 In the case of certain of these war born industries there is active inter- est Tn possible protection by means of import duties sufficient to offset the Inference between the cost of the do- nestle mineral delivered and that of he competing foreign product.
 The conditions of supply and de- nand and the degree of adjustment to 'eace-tlme conditions vary widely among the different minerals. A gen eral classification combining them in % groups in which the competitive status of the American industry is dentlcalS is impossible. The commits lon's report, therefore, after briefly pointing out the general situation, of individual discussions of he after-war aspects of each of the materials considered. Detailed infor- nation is given concerning sources of upply, production, imports, markets, prices, competitive conditions, tariff istory and, so far as possible foreign nd domestic costs of production.- ,aly Times.
 
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