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By E J. Sellers, A Cocker

Movement of the fragmented rock mass is an inevitable consequence of open cut blasting. Uncontrolled, unaccounted movement from blasting commonly causes ore loss and dilution from waste mixing. Therefore, the prediction of the post-blast location of both ore and waste is vital in grade control and of direct interest to mining geologists. Direct measurement techniques have matured significantly over the past decade, but their use remains expensive and labour intensive. Access and safety issues are further disincentives to regular movement monitoring. What is needed is a combination of direct measurement to establish baselines and reliable predictive modelling.The W H Bryan Mining and Geology Centre of the University of Queensland has pioneered 3D blast movement modelling using ‘physics engines’ to handle in-flight collisions and predict the final resting place of blasted material. Open cut metalliferous mines are a demanding environment for this style of modelling as they can involve complex geometries and variable buffering, which leads to inconsistent confinement. A version of the model designed to deal with these complexities is under development. A well-controlled field trial was needed to validate this new version.A validation trial was completed at a gold mine in South-East Asia. The aim was to increase throughput by increasing the blast powder factor without losing grade through dilution and mixing with waste. Four blocks were blasted to identify the effect of bench height and face confinement on ore movement, fragmentation and process throughput. The powder factor and blast timing were kept constant. Movement of the broken rock was measured by placing blast movement monitors at known positions in the block and then locating them after the blast. The majority of sensors were recovered, providing a unique insight into blast movement dynamics and generating a substantial data set for model validation.The model (called ‘MetaMove ‘) was calibrated for one blast and applied to investigate the extent of grade loss and possible mitigation strategies. Conventional mining techniques that involved firing across the strike of the orebody, and no post-blast boundary adjustment of the ore/waste boundaries prior to digging, were found to cause up to 44 per cent loss of high-grade ore, depending on the grade distributions. Post-blast adjustment of the ore/waste boundaries can negate this loss. The model indicates that altering timing and ensuring that the block boundaries are well confined can further constrain the movement of ore/waste boundaries. Thus, the model can be successfully applied to minimise grade dilution and limit misclassification of ore as waste whilst using higher powder factors to increase mill throughput. Application of a calibrated model to move ore/waste boundaries prior to digging will enable the production geology team to add significant value to the mining operation.CITATION:Cocker, A and Sellers, E J, 2014. Modelling blast movement for grade control at an open cut gold mine, in Proceedings Ninth International Mining Geology Conference 2014 , pp 377–386 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 18, 2014

By Renfeng Song, Shaoyan Wang, Zhiqiang Zhang, Ke Guo

Leaching titaniferous magnetite concentrate with alkali solution of high concentration under high temperature and high pressure was utilized to improve the grade of iron in iron concentrate and the grade of TiO2 in titanium tailings. The titaniferous magnetite concentrate in use contained 12.67% TiO2 and 54.01% Fe. The thermodynamics of the possible reactions and the kinetics of leaching process were analyzed. It was found that decomposing FeTiO3 with NaOH aqueous solution could be carried out spontaneously and the reaction rate was mainly controlled by internal diffusion. The effects of water usage, alkali concentration, reaction time, and temperature on the leaching procedure were inspected, and the products were characterized by X-ray diffraction, scanning electron microscope, and energy dispersive spectroscopy, respectively. After NaOH leaching and magnetic separation, the concentrate, with Fe purity of 65.98% and Fe recovery of 82.46%, and the tailings, with TiO2 purity of 32.09% and TiO2 recovery of 80.79%, were obtained, respectively.

Jun 16, 2021

By Beatriz Pereda, Ana Clara Fonseca da Silva, Tiago Seixas Bittencourt

Reinforcing steel bars are usually specified based on mechanical properties with flexibility in chemical composition and processing. Most developments, in these steels, are normally focused on alloy and process design to reach minimum cost and conformity to specification. Processing routes using quenching and self-tempering (QST) and accelerated cooling are the most common. Microalloying with V and Nb have been used in rebar. When acicular constituents must be avoided, a combination of Nb microalloying with judicious control of cooling is one of the preferred options. Niobium can contribute to improvement in tensile properties through austenitic grain size control during hot working, precipitation hardening due to carbonitrides or clusters, and hardenability increase. In the present work the alloy design and development processes of a Nb microalloyed steel for rebars are presented. The designed steel has fulfilled the required specification and is under regular production. Austenitic grain size refining – when comparing with the “basic composition” normally used was observed, even without any change in the thermomechanical processing cycle. There are indications that precipitation hardening may also occur. Results indicate that Nb is a good alternative as a microalloying element in rebars.

Oct 1, 2019

By D A. Deglon

Solids suspension is important in the design and operation of mechanical flotation cells, and is a necessary precondition to particle collection. Most of the fundamental hydrodynamic research that incorporates some aspect of solids suspension was done by Arbiter, Harris, and co-workers, or Schubert and co-workers. However, a need for research into solids suspension in mechanical flotation cells exists, since very little has been done since the late 1980s; a time that also coincides with the advent of round mechanical flotation cells and the subsequent dramatic increases in maximum flotation cell sizes. In this work, concentration profiles and critical impeller speeds, Njs, were measured in a 0.124 m3, round cell fitted with a 0.150 m, Bateman impeller mechanism. Two solids size fractions (75 - 106 and 150 - 250 ¦m) were tested, in ungassed and gassed conditions (JG = 0, 1 cm/s) and at various impeller speeds (300 - 900 rpm). The effectiveness of solids suspension was quantified in three ways in terms of extent of off-bottom solids suspension, suspension height (extent of solids distribution), and variation within the solids distribution, which together present a complete quantitative picture of solids suspension and distribution within the cell. Consistent trends were found when these effectiveness criteria were considered against relative impeller speed, in terms of percentage of critical impeller speed, N/Njs. Off-bottom solids suspension is complete at or above 100 per cent of Njs, with significant sedimentation occurring as the impeller speed drops below 60 per cent of Njs. Suspension heights consistently reached a level equivalent to 90 per cent of the tank diameter at the critical impeller speed, and dropped off significantly as N/Njs dropped below 60 per cent. The variation in the solids concentrations within the sampled profiles showed consistent trends in two-phase but not under three-phase conditions. The paper concludes that the critical impeller speed, Njs, commonly used in the design and operation of standard stirred tanks, is a very useful solids suspension benchmark for describing all aspects of solids suspension in mechanical flotation cells and should be correlated to system conditions.

Jan 1, 2005

By D. B. Paterson

In view of decreasing head grades, the relatively high gold price, and recent developments in metal evaluation, an exercise was initiated to determine the extent of gold concentration, the mode of occurrence, and the areas of concentration within the run-of-mine milling circuits of Randfontein Estates Gold Mining Company (Witwatersrand) Limited. The total gold content of three of the thirteen run-of-mine mils in the Group was measured as a typical lock-up of approximately 200 kg per mil. The majority of this gold was concentrated either behind the grid-type body liners or within the pockets of the body liners. This paper is an account of the experimental procedure and the results obtained, and highlights possible means of limiting gold lock-up in future.

Jan 1, 1988

By Albert L. Toenges

The development of Alaska depends on the existence of an adequate fuel supply in the Territory. The need to investigate coal deposits was recognized as early as 1911, when the first investigations were conducted in Alaska by engineers of the Bureau of Mines. Conditions existing in the Bering River and Matanuska coal fields, as found by Dr. Robert A. Holmes, former Director of the Bureau of Mines, are described by the Honorable W. L. Fisher, former Secretary of the Interior./ Following Dr. Holmes' investigation, a party of Bureau of Mines engi¬neers headed by R. Y. Williams visited the Bering River field in 1912 in cooperation with the Navy Department. A detailed examination was made of the Bering River field, and 855 tons of coal were mined from three prospects on Trout Creek. This bulk sample was delivered to the Navy for steaming and other tests. A description of the work of the field party and results of tests of the coal by the Navy Department and the Bureau of Mines has been published.

Jan 1, 1949

By Carlos Alvarado, Hernan Narea, Jhon Silva, Bryan Townsend, Katherine Gil, Brayan Caceres, Felipe Pontanilla

With the promising development of new technologies, automation in Drill and Blasting (D&B) is on the horizon. The data generated in all D&B activities, which is currently segregated, can be linked to become information and carry a logical meaning. This information can be used to identify critical activities and make decisions regarding corrective measures to accomplish the goals of D&B. Minera Caserones, supporting Alert2Gain (A2G), and Dyno Nobel, has been working on the development of a quality assurance and quality control (QAQC), system for the mine involving all D&B activities. The main variables in the model for D&B include data from the geology of the deposit, drilling, explosive products, and material loading, among others. To create the model, the mine is divided into blasting polygons. Those polygons are part of a block model. The block model is assembled following different rules, such as: • Block sizes of 4m x 4m x 15m, • Classification of the blocks to a particular blasting polygon using a geospatial intersection algorithm, • Algorithms connect all the pieces of data automatically with the minimum of human intervention and populate the block model, Because measuring data for each block is impossible, another set of rules and algorithms completes the model. Dyno Nobel generates an essential set of data for the QAQC system. Explosive truck loading rates and explosive products, among other data, are also included in the system. The system autogenerates reports every hour, and a summary of the results of each mining day (a mining shift of 12 hours) is distributed by email to all responsible persons to identify the critical tasks and then to make the proper adjustments to accomplish the goals of D&B. The information is updated every hour and available through a dashboard for easy and straightforward interpretation. This paper explains the conceptual details of the QAQC system implemented in Minera Caserones, how the data is aggregated automatically from the different sources, shows examples of the type of information in the dashboard, and presents a successful case where a deviation was detected, and the corrective measures that were implemented to keep the performance of the D&B activity. The paper finally discusses the next steps toward an autonomous D&B system based on new AI technologies, with minimum human intervention.

Jan 21, 2025

By O?Harra B. M.

THE work here described had for its purpose the procuring of data from which some quantitative estimate might be made of the results obtainable by using oxygen-enriched air in roasting zinc ores on a commercial scale. The principal metallurgical advantages of using enriched air in roasting zinc ores would be: 1. The rate of roasting would be increased, with consequent gain in the capacity of the roasting furnace. 2. As less air would be required for roasting, the volume of hot gases leaving the furnace and the heat carried out of the furnace as sensible heat in these gases would be less per ton of ore roasted; partly for this reason and partly because of the increased quantity of heat generated in the furnace by the larger amount of ore that could be roasted, the consumption of fuel by the furnace would be lessened; and by the use of air sufficiently enriched with oxygen the necessity of using fuel might be entirely obviated. 3. Roaster gas having a higher SO2 content could be produced; this would make possible greater capacity and more economical operation of the sulfuric-acid plant. Certain phases of the application of enriched air to roasting can be worked out only by experimenting with a furnace of commercial, or at least semicommercial, size. Thus the precautions necessary to secure proper. distribution of heat in the furnace;1 the volume of enriched air; and the proportion of oxygen in this air, necessary to give the desired increase in roasting capacity of the furnace and in SO2 content of the roaster gases;; and the most desirable frequency of raking, thickness of

Jan 11, 1924

By William Hissem

The topics in the title line of this article are desirable and applicable to entire industries that exist outside the realm of the ISEE’s readership. But the issues I will discuss herein are specific to those who drill, blast, and excavate rock as part of their business. Civil and site construction projects, mines, and quarries specifically comprise the group who will benefit from this discussion.

Jan 1, 2014

By Knud Sinding

Many industries have established their own systems for self-regulation. They often do so when companies operate in countries where financial, technical, environmental and social regulation is weak and when the industry is challenged by legitimacy issues related to behaviour in one of these areas. Mining is one industry that has progressed unevenly down the road of self-regulation in these areas. This paper examines how the development of self-regulation for mines and mining companies involves difficult questions of scope, rules, membership, assessment criteria and performance evaluation. Using a range of theoretical and empirical results from research on self-regulation, performance rating and corporate strategy, this paper analyses the strategic and operational issues related to the idea of self-regulation in the mining industry. The analysis indicates that while self-regulation may bring benefits to members, they are likely to take a long time coming; but when they do arrive they may be substantial. Using the fact that in relation to technical and financial issues the industry is quite experienced in self-regulation ? not least as it is more reluctant in areas such as environmental and social performance ? the case is made for a comprehensive and innovative approach, that draws on the areas where the industry is experienced and develops new institutional solutions in the areas where the industry is more reluctant.

Aug 1, 2013

By B. E. MacNab

During the past several years, Raymond Kaiser Engineers has prepared numerous studies concerning the technical and economic feasibility of coal exporting facilities in the western United States. Perhaps the most striking conclusion to be drawn from these efforts is that many people underestimate the complexity of the highly competitive, dynamic coal marketing system which includes coal loading terminals as an essential but relatively low-cost link in the energy production and delivery chain. The title of this paper, "The Status of Western United States Coal Ports - An Economic Assessment," should not delude anyone into thinking that the future of western U.S. coal- exporting ports has now congealed into a well- defined economic plan. As this paper will demonstrate, the situation is complex and more dynamic than ever and promises to remain so into the late 1980's.

Jan 1, 1982

By B Banerjee, H Masoumi, X Shen, S Raval, D Tannant

Structural mapping of pit walls can be performed using digital images and photogrammetry software, but the performance is limited by weather and environmental conditions including dust, rain and light. On the other hand, active sensors such as terrestrial laser scanners (TLS) and total stations (TS) suffer from vertical orientation bias and occlusions when persistent discontinuities dip at the same angle as the scanner line-ofsight. The recent development of the compact light detection and ranging (LiDAR) systems has made it possible to mount these sensors on unmanned aerial vehicles (UAVs) or drones which offer the potential to overcome limitations that are inherent in existing mapping systems. This study details the research involving integration and application of an advanced UAV-LiDAR system for structural mapping of a highwall. A state-of-the art laser scanner with an inertial measurement unit (IMU) and real-time kinematic global positioning system (GPS) was integrated on to a UAV. The system was first tested in a laboratory condition. Then the UAV-LiDAR system was employed to map a highwall of a coal mine. The planned flight trajectories tested the system at variable distances from the highwall face and at various speeds. The raw data collected from individual sensors were fused, filtered to remove noise, and segmented to produce a surface scan model. Finally, the point density and surface coverage were measured using the surface scan model of the highwall. The parameters were compared with equivalent measurements computed from a reference TLS data. The study demonstrates the capabilities of a UAV-LiDAR system to generate accurate and occlusion free data for mapping highwall geological structure with very quick and efficient flights in the field. CITATION:Raval, S, Banerjee, B, Shen, X, Masoumi, H and Tannant, D, 2018. Evaluation of a UAV-LiDAR system for mapping geological structures in an open pit highwall, in Proceedings The Fourth Australasian Ground Control in Mining Conference (AusRock), pp 496–503 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 30, 2018

By Rouzbeh Afsharhasani, Moses Karakouzian, Brandon Kluzniak

"The Vegas High Roller is the centerpiece of a new development parcel adjacent to the Las Vegas Strip. At a height of 550 feet, the High Roller is currently the tallest observation wheel in the world. The design team conducted a geotechnical site investigation to characterize the alluvial soils and cemented layers encountered and to provide foundation design recommendations for the observation wheel, boarding platform, and temporary structures needed to erect the wheel structure. This paper presents a case history of the geotechnical design process, including development of a ground model and design parameters, high-strain dynamic axial load tests, and settlement monitoring during construction. Results indicated that design parameters were conservatively assumed and that the majority of the axial load was transferred to a near surface caliche layer, thereby resulting in insignificant settlement of the foundation system.IntroductionThe engineering of the Vegas High Roller is similar in concept to that of the London Eye and the Singapore Flyer. The wheel has 28 cabins, each with a capacity of 40 persons. The top point of the structure is 550 ft above ground level at the site.A geotechnical site investigation program was undertaken and subsequent analyses were performed to provide foundation recommendations for the observation wheel legs, boarding platform columns, and temporary structures directly associated with construction of the observation wheel."

Jan 1, 2017

By J Dyt, S Lyons

In the mining industry, crusher-related incidents have led to 15 reported deaths in Australia, New Zealand, and the USA between 1998 and 2007 (NSW Government Resources Regulator, 2024). The majority of these fatalities occurred during routine crusher maintenance tasks. A survey of quarry and mine site maintenance staff was completed to ascertain what they thought of such safety device to understand if beneficial and if so reasons if unused. Overall, findings show, staff perceived risks differently, cost, familiarity, device awareness and not front of mind, influenced adoption. This underscores the importance of asking the right questions involving maintenance and safety staff to lead to more proactive risk assessment.

Apr 16, 2024

By J. Dubbert, T. H. Jones

"This paper describes a rib-control methodology that uses standing support to provide most of the lateral resistance to the rib. The method is analyzed, and its boundary conditions for rib control are described. In this method, an animal-fencing mesh product covers 80 percent of the rib surface and is sparsely bolted to the rib. Can supports or other similar stiff supports are installed primarily as roof support for the entry. As the rib spalls and dilates, the mesh catches the material and expands, pressing against the standing support. Mining proceeds, and vertical roof loads increase the normal force on the Can supports, causing friction at the top and bottom of the support to go up, thereby improving lateral resistance to rib swelling.At one mine in the western United States, this method has proved excellent at preventing the buildup of rib spall. It substantially reduces the number of bolts used for screen installation, improves installation efficiency, reduces manual labor and provides more rib coverage than many screening methods. Because standing support is typically part of the roof-control plan in longwall tailgates, no additional standing-support costs are incurred. IntroductionRib safety in underground coal mines is an oft-studied topic because ribs are high-hazard areas. An overview of early rib safety research can be found in Jones and Mohammed (2014). There is a significant difference between rib support and rib control. Support improves safety through the installation of strengthening elements, such as bolts and dowels, designed to reduce rib spalling. Although spall reduction is preferred, controlling how the rib fails is enough to ensure safety in some situations. Rib control uses external elements to provide confinement, thereby holding sloughed material in place, or to prevent falling rib material from striking mine personnel. This paper presents a study of a control method used on the pillar side of a longwall coal mine tailgate in the western United States."

Jan 1, 2015

By W. Miola

The MSHA prescribed method for the determination of quartz in airborne respirable dust samples from underground coal mines is the P-7 method, a combination of low temperature radio-frequency ashing (LTA) and infrared analysis (lR). There is no prescribed procedure for quartz analysis in bulk samples of coal and host rock. Dispersive Infrared (IR), Fourier-transform Infrared (FTIR), and X-Ray Diffraction (XRD) methods are most commonly used for quartz analysis in powders. Several aspects of the experimental procedures such as the analysis sample preparation from bulk samples, ashing techniques, scanning procedures, peak measurement location, calibration techniques, sample amounts, size consist, and data interpretation affect differently the results from each of the methods. Significant differences in analysis results from X-ray diffraction (XRD) and infrared spectroscopy (IR) on the same samples are reported. All these studies point to the need for reliable quartz analysis methods. In a recent research, a procedure for preparing bulk coal and host rock samples for quantitative quartz analysis was developed. Further the results from X-ray diffractometry and infrared spectroscopy for quartz content on identical samples were compared. Calibrations with pure and mixed standards were used to assess the influence of particle size distribution, matrix, and calibration on analysis results. In this paper, several issues with the measurement of quartz in the samples of coal, host rock, and airborne respirable dust from mines are outlined and quantified.

Jan 1, 1994

By Zuhair A. Munir

"The use of self-propagating combustion reactions to synthesize metallic, ceramic, and composite materials is described. The limitation of this process because of the porous nature of its products is discussed. The formation of dense bodies through the simultaneous application of pressure is shown for a metal-matrix composite. The effect of an external electric field on the synthesis of ceramic and composites is described. The nature of the effect of the field on the mechanism of synthesis is analyzed theoretically and experimentally. The use of the self-propagating combustion to synthesize intermetallic thin films is presented for the Ni-Al and Ti-Al cases. The formation of functionally gradient materials (FGM) by centrifugally-assisted self-propagating high-temperature synthesis is described.IntroductionThe use of self-propagating combustion reactions for the synthesis of a large number of simple and complex materials has been described in numerous publications. These have been amply discussed in several review articles [1-4]. The many benefits of this method of materials synthesis are commonly examined in light of its most significant limitation: the porous nature of its products. The porosity in the products of self-propagating high-temperature synthesis (SHS) is an intrinsic characteristic of the process and its elimination has been the focus of numerous attempts. Various experimental methods have been used to accomplish this goal."

Jan 1, 1994

By R. S. Rickard, M. C. Fuerstenau

Anodic polarization curves for iron dissolution and cathodic polarization curves for copper deposition and ferric and hydrogen ion reduction were studied. These results were used to predict the relative rates of the reactions: The rates of the first two reactions were found to be first order with respect to the reacting ion, and the rale-controlling step was diffusion of the ions to the callzode surface. The rate of hydrogen ion reduction in an oxygen-free solution is dependent on the reciprocal of the square root of the hydrogen ion activity. In solutions containing oxygen, the rate of hydrogen reduction becomes dependent on the square root of the partial pressure of oxygen. At equal concentrations copper precipitation occurs about twice as fast as ferric ion reduction. In an air-saturated solution containing 0.01 M cupric ion at pH 2, the rate of hydrogen ion reduction zs about 10 times slower than that of copper precipitation. At pH values below 3, the rate of hydrogen reduction in oxygen-free solutions is very slozu. COPPER cementation has been utilized industrially for many years as a means of recovering copper from aqueous solutions. There are many different types of cementation plants, but all simply provide a means of contacting iron with relatively dilute copper solutions. In the past little or no attention has been paid to rates or mechanisms of the reactions involved. As a result, this and other studies'-3 have been undertaken recently to establish the important parameters in this system. The reactions involved in copper cementation by iron are: Since transfer of charge is involved in every case, these reactions should be considered from an electrochemical point of view. In any electrochemical system involving electrolytic conduction, passage of electrons necessitates ion transfer to the respective electrodes according to Faraday's law. The current in the system will be proportional to the rate of ion transfer, and, therefore, when the current in the galvanic cell is known, the rates of the reactions involved can be determined. Galvanostatic electrode measurements5" are applicable for these electrochemical studies, in that with this technique polarization curves (current density vs electrode potential) are established by impressing a constant current through an electrode and measuring the electrode potential. Once the current density, electrode potential, and reacting area are known for each reaction in this cementation system, the rates of the iron-consuming reactions can be determined. EXPERIMENTAL MATERIALS Several metal electrodes were used in this investigation; they are shown in Table I. Solutions were made with reagent-grade salts and conductivity water. Air, nitrogen, and oxygen were employed. All of these gases were saturated with water and degreased prior to use. EXPERIMENTAL PROCEDURE The experimental work was divided into two general areas. The first area involved galvanostatic measurements, which were used to determine the rates of reactions as a function of various parameters. The second area comprised actual cementation experiments to check the rates predicted from the electrode measurements. Galvanostatic Electrode Experiments. Polarization curves were obtained using a standard galvanostatic technique5'= with the apparatus shown in Fig. 1. The various electrode polarization experiments were run the same way except for changes in solution composition, polarity, and type of measured electrode. The general procedure involved the following steps: 1) a solution was made 0.5 M in sulfate ion and to the desired cation concentrations; this solution was placed in a constant-temperature bath and saturated with the desired gas; 2) the electrodes were cleaned and placed in the electrode holder; 3) the previously cleaned apparatus was assembled and immersed in a constant-temperature water bath (temperature controlled to ± 0.05"C); 4) the electrode was then positioned; the solutions were introduced, and the polarization meas-

Jan 1, 1969

By J. H. Holden, C. C. Shale, G. R. Strimbeck, W. S. Bowie

Electrical characteristics are presented for air in a 2 - inch pipe - type electrostatic precipitator operating under dynamic conditions at temperatures of 600 ° to 1,500 ° F and pressures of 0 to 80 psig using a negative discharge electrode . Results of this one - geometry study show that current - voltage relationships are a function of air pressure and temperature and indicate that precipitators can be used at any temperature through about 1,350 ° F over the full range of pressure . Corona starting voltage and sparkover voltage vary directly with pressure and inversely with temperature . At temperatures above 1,350 ° F use of precipitators may be limited to operations at pressures somewhat above atmospheric pressure . Theoretical derivations are presented that relate the effect of gas density on corona starting voltage and the effect of ion mobility on corona current . Deviation from the theory is noted at high current levels . Theoretical discussion is presented to explain the apparent electrical limitations for use of precipitators at high temperature , low gas density , and high corona currents , conditions at which calculated ionic velocities are extremely high . Experimental results are interpreted in terms of the theory presented . 1,500 ° F thermal ionization does not appear to be a critical factor .

Jan 1, 1963

By TSUYEE PEI

I FEEL greatly honored and appreciate this opportunity to be able to say a few words about that rather perplexing subject, silver. The constant decline in the price of this metal has now reached the stage where it is of much concern and the cause of serious discussion among the leading financiers, economists, and statesmen of the world. Further- more, it is significant that this subject is so important that almost every day one can read articles pertaining to it in the newspapers and trade publications. Being essentially a banker, and not an economist, I do not claim to be an authority on the silver question. These remarks are merely some of my observations in, regard to the many puzzles which-I came across in my recent studies of this very important question.

Jan 1, 1931