The Willamina times., August 21, 1930, Image 5

Thursday, Aug. 21, 1930
$2,000 OFFERED
FOR EACH MINING
CLAIM HERE,SAID¿
Precious radium, gold, quicksilver
and an unnamed white metal are said to
be contained in a conglomerate ore tak­
en from several mining claima in ihe
hills along the Willamina Hiver. H miles
northwest of this city. Twenty or more
claims havs been staked, it io reported,
and three owned by I,uke Booth are
believed to contain valuable ore in pay­
ing quantities.
Some of these claims have been stak­
ed for years, while others are compara­
tively recent discoveries. They were
brought into the limelight agaif* last
week whan it became reported around
the Willamina streets that a Portland
capitalist waa here and had offered 12000
each for several of the claims. This re­
port The Times was unable to verify.
Krom time to H im , well-known min-
men have been here end inspected
these claim«, being favorably impress­
ed. Among them wu A. L. Gregg,
capitalist and mining engineer of Alber-
qusqua, New Mexico, who, it ia said,
was interested In the new white met­
al, ««id to be as strong as ate« I, yet as
light as wood, and ideal for airplane
construction. However, no process has
yet been discovered by which this new
white metal can be melted, or amalga­
mated. It is said that samples of this
whit« metal are now being experiment­
ed with in laboratories throughout the
country, with a prise of |2IW, 000 offered
for the discovery of a proc*M for m«lt-
ing same. Mr. Gregg left here several
months ago, still greatly interested in
those claims, and it waa understood
that ho expected to form a company
return.
An assay of samples of the ore taken
from some of the Willamina claims is
said to show about |h00 worth of valu­
able minerals to the Um. The report
given The Times is as follows: Radium. I
1400; gold, |4; quicksilver, «100, and a
probable value of 1300 for the “white
metal. "
Th« current rumors of the high value
of th« ore in the claim* have stimutated
considerable Intereat among local people.
Give Thought la Planning
Ths most Important pnrt of th«
building of a homo la oft on accom­
plished before the spade Is set Into
the earth. Its economy, comfort and
convenience are dependent mainly
upon the care and thought devoted
to the plan. The well-planned bouse
la a Joy to live In and the poorly
planned one la costly and a continu­
ing source of dissatisfaction.
Watch The Times
Next Week For
“Buy For School”
Advertir^!
Buy It In Willamina, Save Money
Why we bring
FOUR MILLION D(
^RS
to Oregon every year”
V
'' /-■
J'. '.¿4
... by JOHN W. PARKER
Vice President and General Manager, Portland Vegetable Oil
. N O.
.
could just as well operate our coconut oil mill in any
W other coast city. Our raw product—copra—comes from
the tropics. Our 4 million dollar annual sales are made to soap
manufacturers and others all over this country, Canada, and
Mexico.
"But we built our plant in Portland for two main reasons.
Those same reasons made it possible to merge the plant profit-
ably last year with Durkee Famous Foods Company. We built
in Portland and we stay in Portland because this city is a
natural gateway to the Orient, source of our raw copra.
“And the other reason is that Oregon power rates are low
and they will be still lower as time goes on. A year and a half
ago our rates were voluntarily reduced, saving us more than
$9,000 on our mill’s annual power bill. Our power cost per
ton of copra we crush, is the lowest of the United States
and Philippine Island mills. Although our mill is en­
tirely electric powered, the cost is but 8% of our total
expense and but 1/2% of our annual business. We’re
glad to contribute a big industry to Oregon. We want
to see Oregon and Portland grow. It will —if Oregon
keeps the doors of opportunity open.
“Because Portland has a better geographical location than
many other Northwest cities, it has grown more rapidly. We
are fortunate in having cheap power, with rates and profits
controlled by the State. And we are fortunate in Oregon, that
an industry so large and important to all of us as the privately
owned power companies, can do business with a reasonable
assurance of profit The privately owned power companies
share our tax burden and develop the country so that they may
grow as every Oregon business deserves to grow.
“We would resent any move by the government to ‘take over’
our factory or build competing plants alongside of us. The
power companies have an equal reason for resenting such a
move. If our states or cities could do a better job than
the private companies are doing I’d be for municipal
ownership. But common sense tells every one of us that
politics would creep in—to the damage of Oregon’s
future growth. What makes Oregon great is the boundless
opportunity to succeed in any honest, well run business. Let’s
keep it great!”
When industrialists, merchants, bankers, farmers, and civic
leaders join in advising that municipal ownership can do nothing
for the, benefit of Oregon and can only serve to eliminate sound
private enterprises, it seems to be good horse sense to join in
their beliefs. We nearly all live from the profits of private enter­
prises of some sort. Pacific Northwest Public Service Co. (“Pepco”)
BOOST FOR OREGON AND EVERYTHING IN IT! IT’S GOOD HORSE SENSE