Belt Valley times. [volume] (Armington, Mont.) 1894-1977, 1922-03-23


down 70 the value or half a cent p:
compared with its equivalent in the
dollar; they tried TO satisfy IL with a
cEeWn that has gone down practically
20 zero In value in purchasing
power, AS compared with American
money. or with = lire which has gone
down from a ratio Of about ) to 20 to
a dollar, or a franc thai has been as
low as is To the dollar. How can
theS do III IL is an impossible Situa-
ton and sooner ar later. when the
politicians realize again that they must
give operation TO the law of gravity.
when they realize the doctrines of con,-
p~ehSating forces when sound .ece-
nomics rule ut the conference board 4;
when there is a proper redistribution
or The gold reserves of the world-all
OF which Is practically in this country
no~-ihere may he n rehabilitation OF
business.
Dependent on World Condition
But that was n long time 10 look
forward to. and Ii was rather unsatls-
factory ra hope that .onr fortunes
would only improve when the fortunes
Of the world improved: that We were
tied np with a product more than 10
per cent Of which had always been ex-
ported from the United States "a the
ports of call of the commercial nations
of The world. While we sat down and
studied this problem aud looked across
the water and tried TO see the sun OF
prosperity coming mp above the clouds
OF darkened Europe. we felt that we
could not afford 10 tie Butte aud Ana
conda and Great Falls 10 the destinles
Of tfte- ttft- wr,rfti, titHt- ~ -rpfft- mot
afford TO wait until the world was re-
habilitated, In order To find a market
for u product. s.a.a4.1.A
we felt, looking nj the thing from a
cold-biooded business standpoint, that
after all II the copper business was
ever going 10 be good anywhere In the
world, and II the restoration OF industry
was going TO come anywhere In the
world. II was going To come To the
United States first, and what We did
when We sought II merger, a CONSOLE
dalton. n unification of interests be
tween American Brass and Anaconda.
was to take our organization. which we
believe is the best IN the world of It's
kind, and 40 to the organization which
we believed was the best In the world
In the art OF fabricatIng and developing
the metals which we produce. and say
Here, let's get together let's unity
this business, so that the greatest cop
per user and the greatest copper pro-
their fortunes and their destlnies and
then perhaps comblnedly we may be
able 20 face the future with confidence
and with the hope Of sustaining our
Industries aud the communities that
are dependent upon them
THAT was the actuating motive In
this transaction. and II was along those
lines that We endeavOred 10 carry II
out. AS you know, a splendid frultlon
followed TINT iHhur.
In Waterbury and In Butte. |
You have heard what they manu-.
facture in Waterbury. but what We do
In Butte Is to go down into the ground
and take out OF the treasure house
which nature placed there the material
that starts this wonderful current of
industry and accomplishment TO meet
the necessities OF manufacturing and
Industrial Every mannfae.
community In the world is de
pendent upon II supply OF raw material.
yft. - - 80 t. 40. SEA a. uatf. 80 f4Ra xatftogKf !
that basic requirement. The brass
business In New England did not de
velop much more rapidly than the cop
per producing industry developed In
the United States. 1t Is true that II
was started there before there was
any productlon'of copper in the United
Early Days In the Nsugatuck.
TITS true that MT n time when II
vas still the principal industry IN
the chief source of raw
Material was the kettles and copper
,ans that after use through genera.
ions were discarded into the scrap
leap. And now that ! recall II, boats
alling from Chile. bound for Europe.
ourhd II convenient to drop into Balti
WI dil uitlVtf ~ NV fFiffft = z
he Naugatuck valley once n year sent I
ut a committee 10 satisfy their pnr- !
hasing requirements and ! ran across !
report for 1896 when an unprece- Z
ented thing occurred. This commit
pc was authorized 10 purchase for the
emand OF the manufacturers Of he
Iaugatuck valley for the ensuing year !.
he enormous amount of 506.6e6 pounds !.
I copper. or just what is turned :
ut. when we are going right, In haIf !,
day at Anaconda. "
ingenuity, Western Courage. !,
cit would be interesting TO trace the !.
eyeIopment. buf the point ] wanted to !
nphasize was this: Down there they :
1llt up this manufacturing enterprise. :.
ut here we have built w u great pro- ),
industry. In the inevitable !,
the product of the ingenuity !
the Yankee and the product Of the ;,
Of the pioneer miner have be- :,
united and from now on that In =
grated industry. II there Is p revival 5,
business in this world. stands upon :,
stable and as solid a footing as rock =
'ttom. firm as that Of any Industry -
this world. :,
Future of Copper. or