The Engineering and Mining Journal 1883-02-17
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FEBRUARY 17, 18838. THE ENGINEERING AND MINING JOURNAL. 83 have provided for higher duties, the champions of the iron and steel interests leading in the fight for the good cause. The irrepressible iron ore men have once more appealed with characteristic modesty for $1 per ton, and when they could not get that, stood out bravely for 75 cents, which, also, was denied them. The pig-iron producers rejoice in a little victory, which, however, we fear, will not save them from the ruin that Vou. XXXV. is staring them in the face. Nothing but a duty of $7 per ton can do that, and the $6.50 rate passed can only prolong the agony, which would RIOHARD P, ROTHWELL, 0.E., M.E., | have been brief if the former reckless decision of the Senate to reduce ROSSITER W. RAYMOND, Ph.D., t Editors. to $6 had been adhered to. CHARLES KIRCHHOFF, Jr., M.E., In the House of Representatives, the steel clause was amended so as Notr.—Communications relative to the editorial management should be addressed to Eprror, P.O. Box 1833, New York. to make the duty 45 per cent ad valorem. The wire cloth and netting Communications for Mr. Raymonp should be addressed to Rosstrzr W. Raymonp, P.O. duty was changed to two cents in addition to the rate paid for the wire of Box 1465, New York. Articles written by Mr. RaYMonp will be signed thus * ; and only for articles so signed is he responsible. which it is made ; iron wire rope has a similar additional rate of one SusscripTion Price, including postage, for the United States and Canada, $4 per cent, and steel rope of two and a half cents. Nickel has received another annum ; $2.25 for six months ; all other countries, including postage, $5.00 = 20s. = 25 francs = 20 marks. All payments must be made in advance. Parties accepting any blow, which will place Mr. JoSsEPH WHARTON, of Philadelphia, accord- other than our official receipt for subscriptions, from agents, do so at their own risk. ing to his own statement before the Tariff Commission, in the disagree- Advertising Rates.—See page ix. Mr. C. A. Green is our accredited representative for New York. able position of being forced to close down his poor mine and close his Mr. A. R. Brown, Jr., is our accredited representative for Boston and the Eastern unremunerative works, The House makes the duty 15 cents per poune, States. Office, Room 1, Simmons Building, 40 Water street, Boston. i nant 150 South Fourth street, Philadelphia, is our accredited representative The proceedings of Congress are no longer watched with eager interest, or iladelphia. Mr. A. H. Taylor, 159 Lake street, Chicago, is our accredited representative for Chi- because it now seems pretty well settled, as we have stated on previous cago and the Northwest. : occasions, that nothing will be done. The agitation has undoubtedly done Mr. ). Cotton, Room 36, Wiggins Block, Cincinnati, O., is our accredited representative tor Cincinnati, O., Louisville, Ky., and vicinity. much harm to the business interests of the country. But though it has Mr. O. J. Frost, care Boston & Colorado Smelting Company, Argo, Colo., is our accredited representative for Denver and vicinity. stayed the current of trade, it can not check for along time the very favor- REMITTANCES Should always be made by Post-Office Orders or Bank Drafts on New able influences now at work. There is every assurance now that our York, made payable to THE ScrENTIFIC PUBLISHING CoMPANY. farmers will get very liberal prices for the remainder of the heavy crop THE SCIENTIFIC PUBLISHING CO., Publishers. R. P. ROTHWELL, Pres. HENRY M. GEER, Sec. and General Manager. of last year. Our exports dre going on at an increasing rate, and when P.O. Box 1833. 27 Park Place, New York. buyers in all branches have begun to replenish their exceptionally depleted stocks, the wheels of trade will move at a much more rapid rate CONTENTS, than at present. EDITORIALS : Pace. | Notes: PaGE. Mr. J. Trowbridge Bailey............ 83| The Denver & Rio Grande Western TAXATION OF MINES IN COLORADO. A Year of Prosperity to the Patent- MI siidvikenavswexcemescasscace 86 Office and of Misery to All Having Morey & Sperry’s Catalogue.......... 89 We publish this week the text of a bill which has just passed the lower Dealings with it.... ...... .. ..... 83] Compressed Air Locomotives in an The Tariff Debate in Congress....... 83 English Colliery........ attamceranct 90 house of the Colorado Legislature, and is now pending in the Senate. Taxation of Mines in Colorado... ... 83 <A Profitable African Diamond Mine. 90 It is the natural consequence of the failure of the local officers in Lead- Chaaiaiiiiaeaiaees * Furnace Mill, and Factory ............ 90 ville to extort a tax on profits from the mining companies there two The Increase of Richness with GENERAL MINING News : years ago. The mining companies united to resist this attempt, and the Greater Depth.......... ae cane ae $4 APISOMA.... «250550: sewalsmane® eeicieiai 91 courts decided in their favor. The sovereign authority of the State in American Companies in Sonora..... 84 CNN cco twranacwescuss 6060s eee 91 ’ COTE AIOMION Ss 656556 cl ceciccesceccce 91 matters of taxation is, however, of course, competent to impose even an Official Statements and Reports....... WR NN econ lake ‘xxiysnediccan 91 onerous, unjust, and impolitic tax ; and to this authority appeal has now The Law as Affecting Mining and Pasa cha vendeenosueandies 4 -acewe 92 been made in the supposed interest of the farmers and ranchmen, who Metallurgical Interests........ ....... OE ct idan dines sncis cevacsiod 92 The Bill for the Taxation of Mines in =| Montana............. .. sesee eeeeeeee 92 would rather squeeze individuals and companies engaged in mining than Colorado........ sceetensecocereoesers WP irra PR oes, heen aiSeec: cats osceh 92 pay taxes themselves. The former attempt to tax the profits of mines The Boss “Continuous System” of North Carolina:........... .cceeeeeee 92 was pronounced illegal because the legislature had provided no definite Pan Amalgamation.. ..... ease cries 86 WRN noniaia, sacdeya. avncdewe seeuewiclnns 92 method and means for the assessment and collection of such a tax. This The Howe Culm Gr ate..... NsSessNe ees PN oa niga cin ais 92 deficiency the present bill supplies. It provides for annual returns to be The Production of Pig-Iron in 1882..... 88 | Mineral Patents Granted by the United The Copper Deposits of Adams County, States Land-Office............ 06. 2.4 92 made under oath, showing the gross product of each mine, the amount DETINON an sie ovncaccevenescsscencs 88 of ore reduced, and the actual cost of mining, hauling, and reduction ; John G. Buchan Hepburn.............. gg | FINANCIAL: — Gold and Silver Stocks............... 93 and it declares the ‘‘ net proceeds” to be subject to the usual assessment PROGRESS IN SCIENCE AND THE ARTS : CODMEE CROONE S ons os sn sve sdessicccs 93 and collection of personal taxes, which are to be collected of the owner Premium for a Perfect Safety-Lamp 89 | BULLION MARKET............. 0 ....-4.. 94 or lessee, and yet are to be, in default of payment, a lien on the mine The Consumption of Charcoal by IrRoN MARKET REVIEW................-. 94 itself—personal taxes, collectible on real estate ! Swedish Blast-Furnaces.......... J iis isc cceserseenewiivie: Redewen 96 Rolling Nickel and Iron...... ....... 89 | CoaL TRADE REVIEW.............. - 96 The injustice of this tax consists in its character as an income-tax, An American Rival of the Gjers STATISTICS OF COAL PRODUCTION....... levied on a single industry, while all others are exempt. Farmers, ranch- MINI 55 oie side a ndaxnaeseconc 90 | Advertisers’ Index men, and merchants are not obliged to make annual exposure of their transactions, and to pay a tax on their profits. So far as taxes on per- Mr. J. TROWBRIDGE BAILEY leaves on the 20th of March for a trip sonal property are concerned, this law would cause the same property to through the mining districts of Arizona, Colorado, and New Mexico. be twice taxed ; for the profits of a mining company, divided among its Those desiring to communicate with him should address him at the office stockholders, would become their personal property, and as such liable to of Mr. E. O. Reap, 73 Broadway, this city. taxation. ° The hardship of the proposed special tax, if it should be put into prac- THE year 1882 has, as usual, been one of prosperity financially to the tice, would be found in the fact that it is to be assessed and collected by Patent-Office and one of misery to ali who have dealings with that insti- the county authorities. In the mining counties, the capital employed in tution, because our enlightened legislators are unwilling or unable to mining would thus be exposed to plunder without protection. A uniform understand that .the Patent-Office was never intended to be a money- tax, levied by the State, would be infinitely less alarming. There is, making concern, and has no right to be one. It is absurd that more than under this bill, no limit to the amount which ‘‘rings,” such as the one four hundred thousand dollars should be added in one year toa fund which a couple of years ago governed Lake County, might extort from which has reached the respectable sum of over two million dollars, when helpless mine-owners under threat of confiscation. every employé of the office is so crowded with work as to cause hurried The impolicy of such taxation is plain enough. To invite capital into performance and unnecessary delays, and to give occasion for the litiga- a frontier region by every kind of glowing promise ; to encourage “ per- tion which is making patents such uncertain property.