Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1936-07-25

nature. with no fireworks and about %
were in attendance The outstanding
paper Of the convention was tnat OF , ~;
+. c. Thomson, president OF the schooi
of Mines who attributed the failure OF the
state to open important new gold names
20 lax methods of prospecting. ne
pointed out that mining costs nave IN,
creased 30 per cent in three years ana
urged miners to watch that Increased
costs do not defeat the advantage OF
increased prices for metals.
Urge Larger Bureau
The association adopted as a major en-
terprise for the coming year campaign
in behalf OF a greater Appropriation
for the Bureau of Mines and Geology
The proposal came from the Resolutions
committee without discussion from the
floor.
The resolutions set forth that the
State has a highly efficient Bureau OF
Mines and Geology which has demon
strated by the results Of It's WOrk IN tlle
past that II is highly pr0htaDie en-
erDrise that pays tremendous dlFluehus
90 the people OF Montana through its
contribution to economic development OF
the States resources, thereby prOsiu1ns
employment for men in Agricultural ana
Industrial expansion and inasmuch as the
bureau is handicapped by Lack OF ade-
0uate finances OF It's mineral resources
by outside capital resolving "thaL INT
association shall call upon its ofncefs
to adopt as a major project I0r the
coming year an effort 70 famaiiarize
members Of the new state Legislature
with the value of the bureau, with tne
ultimate purpose Of securing larger
and more adequate appropriation In 1u-
ture years than the bureau has had In
the past -
Senator James Il. Murray predicted
that silver mining in Montana Will De-
come & major industry employing thous-
ads OF men and building up prosperous
communities. He advocated 81 silver 20
institute international trade. He said that
the United States can dictate the price OF
silver in every important market through
out the world without changing the sta-
tus of the gold standard.
For carrying out this formula, tne
price OF silver must be raised TO ~
an ounce by government action as there
is not enough OF the metal at It's present
quotation.
All that is necessary is to have big
business agree to sell 81 worth OF
American made gold In foreign countries
for one ounce of silver. The U. ).
treasurer could buy the silver from big
business, giving silver certificates In
Natural Gas for Power
Natural gas as a power fuel, cheaper
than deisel fuel was the subject OF
paper by Paul Baughman, OF the Little
Rocky Mountain Development syndicate,
Iewistown "Deisel fuel cuts gasoline
power costs so to 70 per cent while
natural gas makes a further reduction OF
about % per Get, and at the same time
is less wearing on the engine, requires
less attention and less labor than en-
eines operated on deisel fuel, he said.
Roads TO Mines
THE q. S. forest service has onlls
500 miles of forest roads at cost OF
sSO0OO00 In this region since 192O. in
directly or directly aiding the small
mine operator" Major Evan w. Kelley, Z
regional forester at Missoula, told the
zoe that number one Of the largest j
approximations went to construction, at
a cost Of $4,000. OF the Copper Creek [
road in Deer Lodge national forest Il
Mrs. J. Whetstine a pioneer resident ,
OF Montana and now of Philadelphia,
was one Of the speakers on the closing
day also Mrs. Joanna McCready OF
Butte owner of IA mining claims.
Lyman Brooks, Dillon, former WA
official In Wyoming, spoke on mining
law" and Clinton NJ ROOs. Sheridan
head of the Montana program Tor the
American Mining Congress-, to DC held {
at Denver. Colo, Sept. y to Oct. 3,
urged that all members, who could,
attend the congress.
In aiding small operators to obtain
financial backing under the Securities !
and Exchange commission. o. /. Deschon,
publisher of the Montana Oil & Min
ing Journal, recommended that the as
ISOLATION seek a simphficatiOn Of the
present SEC regulations. IL
1.-THE present SEC regulations are so (
complex that they are a severe hinder :
ace to the small operator. instead
of being a standard method Of finnane-
jng," Mr. Desch0n said.
A resolution passed by the association
urged the SEC to send man to Mon
tana to study small mine financing.
Carl J. Trauerman was reelected 1
president and F. c. Gilbert was re-elect-
ed secretary by unanimous vote and they
were praised for having contributed in
valuable personal energy in making
this institution Of value TO the mining
industry OF Montana"
Stanley Moore was chosen vice presi-
dent to succeed Fred BacOrn, resigned,
and DR.. Francis Thomson was re-
elected chairman of the executive com
mattee.
Resolutions were passed thanking the
City Of Butte and others contrib putting
to the success of the convention.
------------------