The border vidette., 1931-09-12
TAos. F. COLE EAvoRs TARIFF

the great pioneers of the copper
mining industry in Arizona. re
Gently visited this state from his
home at Pasadena, California.
Mr.. Cole attended the celebra
ton of the fiftieth anniversary
of the founding of Bisbee. While
there he met many old time
friends who have watched his
career % Z great developer of
Arizona's natural resources.
Much OF the success of the
Calumet and Arizona Mining Co.
was due directly to the excep
tional executive ability Of Thos.
F. Cole. Undoubtedly Mr.. Cole
is one of the most potent and
forceful characters who ever
came to our state. He and his
associates developed the Calume
and Arizona nine from q primi-
tive copper prospect to one Of
the greatest copper mines of the
world.
1t was back in 1899 and 1900
that Mr.. Cole became interested
in the old Irish Mag" claim at
Bisbee. With his usual vigor
be pushed the development there
and made large aud successful
copper mine.
To this nucleus be added q
large number OF surrounding
groups until his company became
one of the largest owners of min
eral lands in the Bisbee district.
Mr.. Cole and associates then
developed the New Cornelia Cop
per mine at Ajo, practically re
peating their success at Bisbee.
About Q year ago the New Cor
nelia was taken into the parent
corporation. Now the Calumet
and Arizona Mining company is
considering consolidation with
the Copper Queen Consolidated
interests. II is predicted that
this consolidation will be ratified
by the stockholders of both com
panies within the near future.
When this consolidation has
been accomplished this new mer
ger of the two greatest Arizona
copper organizations will make
effective one of the largest and
strongest copper corporations in
the United States. All of which
goes to prove that the men be
hind these great movements are
Of intripid character, superior
ability and sound Judgment. Mr..
Cole, successful pioneer. :. q fear
less developer and successful
business man, naturally has posi-
tive views concerning every
phase of the mining industry.
During his recent visit to Ari
zona, be was asked for q state
ment concerning this paramount
question in the West.
Mr.. Cole gave the following
interview ia which he unhesitat
inRly endorsed tariff on foreign
copper imported into the Uoited
States.
Mr.. Cole has pronounced views
as to what should be done to
stabilize the copper metal indus
try in the United States. He is
convinced that this may be sue
cessfully accomplished through
the imposition of q tariff on the
foreign metal sold in this coun
try. he says in substance:
II feel that If tariff of sew
eral cents per pound were to be
placed on the copper metal eD.
tering the United States from
abroad thst we would be able to
stabilize the copper metal indus
try ia our country. Not only
that, but because of such stab.
ilization, meaning q reasonable
price and security for produc.
ton, the tendency will be to i'm
prove prices for the metal the
world over.
I'VE have an excellent illus
tration of what may be expected
of q sound situation in copper in
this country, and its probable
effect on the rest of the world.
in our steel industry. For thir
ty years the steel producing in
tarests have steadfastly refused
to make more finished products
than the market will absorb. and
they have stabilized that indus
try to the end that they are re.
ceiving reasonable prices in the
United States, and its influence
has gone abroad, With the effect
of establishing better prices for
steel products in countries like
Germany, Belgium, France and
England.
W fkop tho onnnor cano M ~ ioo