Nations urged to peg price of gold and silver
Francis Brownell, chairman of American Smelting, urged Congress to back a international bimetallic system pegging gold and silver. He argued the US with Britain and Russia could lead a postwar hard money standard, with the US holding two-thirds of world gold and half of world silver. Brownell said Europe would follow and aid foreign loans, returning to a global gold standard through bimetalism.
MENTIONED IN THIS ARTICLE
Washington
Francis Brownell
American Smelting & Refining Co
United States
Great Britain
Russia
England
Brownell
House Committee On Foreign Affairs
Latin America
Authority on the Value of Gold by Sir George Paish
In Denver Mining Record Sir George Paish outlines gold as the universal medium of exchange and a store of wealth. He argues gold serves as a standard of value and enables banking credit far beyond actual gold reserves, predicting abundant credit for industry and trade once confidence returns.
MENTIONED IN THIS ARTICLE
Sir George Paish
Denver
Dream Homes of Gypsum Faces Postwar Realities
Gypsum association adviser Janet Gilliland warns women planning postwar homes that dream houses with plastic kitchens sunward walls and glass features are far off. She cites gypsum built houses as a present example showing durable wallboard siding roof sheathing and plaster available now.
MENTIONED IN THIS ARTICLE
Janet P. Gilliland
The
Gypsum Association
Canada Gold Claims Boom Shocks Ontario Quebec Mines
Canada reports a surge in mining activity with strong groups acquiring large tracts along Ontario and Quebec gold belts. The six month pace of purchases and staking marks an unprecedented expansion in Canadian gold mining interests.
MENTIONED IN THIS ARTICLE
Canada
Toronto
Ontario
Quebec
Nevada minerals rise in demand postwar era
E. D. Arthur of the Los Angeles county chamber of commerce mining division reports Nevada's industrial minerals are in growing demand as southern California industries expand. He cites non-metallics including silica sand gypsum lime Beatty Fallon floorspar and more, and outlines a cooperative program to help Nevada mine operators find markets and obtain machinery.
MENTIONED IN THIS ARTICLE
Los Angeles
Nevada
California
E. D. Arthur
Los Angeles County Chamber of Commerce
Beatty
Fallon
Arthur
Shall Our Mineral Controls Be Continued After the War
Professor George B. Langford of the University of Toronto addresses postwar mineral control in Mining and Metallurgy. He outlines three schools of thought, endorses a middle course combining adequate state oversight with free enterprise, and cites sources from commercial trends, wartime proposals, and leading figures worldwide.
MENTIONED IN THIS ARTICLE
George B. Langford
University of Toronto
Mining and Metallurgy
American Institute of Mining and Metallurgical Engineers
Langford
Senate bill to preserve mining data for future use
Senators Murray of Montana and Hayden of Arizona introduced a bill to keep accurate records on the economic and technological aspects of domestic mining. The measure would centralize valuable wartime mining data at the U S Bureau of Mines to prevent loss or destruction after the war and ensure preservation for future production.
MENTIONED IN THIS ARTICLE
Washington
Senate
James F. Murray
Montana
Carl Hayden
Arizona
U. S
U. S. Bureau of Mines
Bureau of Mines
Noonger
Congress
Harold's Club Shipping Scheelite From Nevada Mines
Harold's Club Co. ships 200 to 300 tons of scheelite ore daily from its Valley View tungsten property near Red House in Humboldt County to the Getchell mill for treatment. Alex Ranson oversees the Red House mine and Raymond I. Smith is Reno-based general manager. Reopening the B and B mercury mines near Dyer in Fish Lake Valley, Nevada, next summer depends on mercury prices and labor. The property closed December 15, 1943, and some equipment was removed. Chicago interests abandoned the ground after high labor costs hindered hand sorting.
MENTIONED IN THIS ARTICLE
Potosi
Humboldt County
Harold’s Club Mining Company
Valley View
Red House
Getchell
Alex Ranson
Harold's Club Company
Raymond I. Smith
Reno
Dyer
Fish Lake Valley
Nevada
Chicago
Copper World mine set for production in Mohave district
The Copper World copper zinc mine in Mohave County near Yucca Arizona moves toward production as a government access road is begun on April 22 connecting the mine to the Yucca road. Dye and Bathrick lease operators expect over 10 000 tons of ore shipping to Clarkdale and Midvale.
MENTIONED IN THIS ARTICLE
Ngma Ariz Ma Y
Copper World
Mohave County
District Grazing Service
Yucca
Arizona
Phelps ‘Dodge Corporation
Dye and Bathrick
Kingman
Hualapai Mountains
Cedar Valley
Jim Herridge
Gus W. Beecher
William E. Dodge
Willis James
Burro
R. L. Dye
J. H. Bathrick
Phelps Dodge
Clarkdale
U. S
Duel at Kingston Ends in Death Between Two Prospectors
In Kingston New Mexico Don Ryan killed Burke known as the Terror of the Black Range after a night of quarrel and a morning gun duel. Ryan’s deliberate shot struck Burke through the nose as both men fought over a gun after Burke threw one down. Tombstone Epitaph notes the killing reflects Burke’s deserved fate per Kingston opinion.
MENTIONED IN THIS ARTICLE
Burke
Don Ryan
Kingston
New Mexico
Nevada
California
Silver City
John M. Wright
Black Range
Ryan
Tombstone
Arizona
Mancos Property Reopening Planned by Local Investors
Mancos Colorado near reopening set for June 1 as John M Lyen of Mancos and Albert J Lyen of Chicago plan work on leased holdings near town. The Thunder group of 18 claims owned by James Starr and associates includes the Carol Ann ground under a 10 year lease with values in silver lead and gold and a new air compressor will be purchased.
MENTIONED IN THIS ARTICLE
Mancos
Colo
John M. Lyen
Albert J. Lyen
South
Bishop Street
Chicago
Thunder
James Starr
Mancos and Associates
Carol Ann
Mark Twain Lived At Aurora During Big Gold Stampede
In August 1860 a party of deer hunters found free gold near the Nevada California line and sparked a major stampede that founded the town of Aurora, later renamed Esmeralda. The Aurora Consolidated mine yielded about 30 million dollars in gold and silver, with district output estimated at over 35 million to date. Mark Twain lived there as a young writer and humorist, later recalling a mine as “a hole in the ground with a damn liar at the top.” His one room cabin was moved to Reno and now sits in Idlewild Park.
MENTIONED IN THIS ARTICLE
Nevada-California
Mineral County
Esmeralda
Aurora
Nevada Mining Press
Aurora Consolidated
Directory of
Nevada
Mark Twain
Aurora Consolidated Mines Co
Goldfield Consolidated Mines Co
Virginia City
Reno
Idlewild Park
Deep Drilling Plan For Old Groom Mine
The Groom lead mine in western Lincoln county, owned by International Mining Corp of New York with Dan Sheahan, aims to expand operations. Ore resources as of December 31 1943 total 19 380 tons with 9 000 tons of mine ore at 12 percent lead and 4 780 tons at eight percent in dump ore. A program of diamond drilling and short-hole drilling will add to reserves, with production hoped by mid year. The 1943 net loss was 4753 25 after 2547 47 depreciation and depletion.
MENTIONED IN THIS ARTICLE
War Industries of
California
Groom
Construction plan adds cabin and 800 foot aerial tramway
The program outlines the building of one additional cabin and the installation of an eight hundred foot aerial tramway. This project expands transport facilities and enhances capacity for the involved area.
Government Cash For Alaska Wells
President Roosevelt asked Congress to provide 1 217 000 dollars for oil drilling in Alaska. He stressed growing Pacific war oil needs and said war and interior departments would jointly undertake work near Wide Bay and survey other sites.
MENTIONED IN THIS ARTICLE
Washington, D. C
Roosevelt
Congress
Alaska
Naval
House
Naval Affairs Committee
Elk Hills
California
Pacific
Rayburn
Texas
War and Interior Departments
Wide Bay
Ickes Sets Safe Status for Valid Mining Claims
Denver May 27 The west fears a change to the mining program as rumors spread that Washington new dealers might end location and patenting of mining claims. Secretary Ickes states that land office proceedings begin on its own initiative and will contest locations that are probably invalid on lands withdrawn for reclamation projects parks or other lawful uses. Valid claims that the investigation shows are not contested.
MENTIONED IN THIS ARTICLE
Denver
Colo
West
Washington
Ickes
Department of Interior
AL. Fisher Fof Dillon
Colorado
Ed C. Johnson
Fisher
General Land Office
War
Navy Department
Also Mentioned on This Page
Germany
Roland Davies
London Sphere
King Features Syndicate
Harold’s Club Co. Shipping
Scheelite
Spe
Old Groom
Irge
Electric Shop
Bob Hilburn
North Main
Las Vegas
Fremont
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