Photo from U. S. Bureau of Mines 



IN A COLORADO RADIUM MINE 



This picture shows the 4-foot stratum of radium-bearing ore, carnotite and vanadium in 

 the Cliff Mine, Paradox Valley, Colorado. Radium is found in ores carrying uranium and 

 vanadium, which are used extensively in the arts, and the processes by which it is extracted 

 are secret. A process has been invented by the chemists in our Bureau of Mines which 

 promises, from the laboratory experiments thus far made, to be successful. Under the en- 

 dowment of two Americans, a building is now being erected in Denver (which, with its 

 equipment, will be opened for work in the coming month) in which an effort will be made 

 to prove the commercial possibility of this American process. If successful, this process will 

 be given to the world, and all of the radium secured over and above a small minimum will 

 be the property of the United States, and will be put into the hands of the United States 

 Hospital Service for public use. 



service continuous and interdependent ; 

 but they should not be allowed either to 

 agree as to rates or to merge their capi- 

 talization or their identity. 



Such plan as is here suggested should 

 be attractive to capital wherever there is 

 bona fide need for such water-power de- 

 velopment, for it is definite in its terms 

 and can be made a precise basis for capi- 

 talization. The term of the franchise 

 would be long enough to permit of the 

 amortization of the plant upon such a 

 percentage as would lay no heavy burden 

 upon each year's earnings. 



Where a reservoir site is also used for 

 the storage of irrigation waters, the right 

 to which attaches to certain lands which 



should enjoy that use forever, it could be 

 provided that at the end of the franchise 

 period the government would either turn 

 over the plant to the water users or the 

 State or otherwise provide for its opera- 

 tion. 



I have endeavored herein barely to 

 outline such a constructive program as 

 would meet any reasonable demand and 

 with the least burden place our resources 

 at the service of the people. It should 

 not be impossible to hearten the hopes of 

 those who live in Alaska or the many who 

 would engage in her development were 

 the doors of opportunity open to them. 

 And if we can follow some such plan as 

 has been suggested, by which, sensibly 



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