War and the Copper Kings

August 1941
New Republic;8/4/41, Vol. 105 Issue 5, p134
Suggests ways to meet the low copper production in the U.S. Conference of representatives of leading copper mining and smelting attended by Price Administrator Leon Henderson. Discussion of the increase in copper output if subsidies or bonuses above the present fixed price of 12 percent a pound are offered; Need for an increase in price to increase production; Information on three giants Phelps Dodge Corp., Anaconda Ltd. and Kennecott Utah Copper Corp., which control 74 percent of American copper output; Suggestion for opening mines which have not been in operation; Application of the study of production figures of high-cost mines by the Tariff Commission and the United States Bureau of Mines and the state mining authorities.


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