Editorial
Media
Part of The Marsman Magazine
- Title
- Editorial
- Language
- English
- Source
- The Marsman Magazine Volume II (No. 6) December 1937
- Year
- 1937
- Rights
-
- Fulltext
- EDITORIAL Table Of Contents LAW INTERPRETATION Page Gold Production Sets New Records . . . 1 The need for a careful and fair interpretation of the new mining law of the Philippines, and of all laws affecting the mining industry directly and indirectly, becomes more and more apparent as mining increases in importance. Legislation in general, and the mining law of the Philippines in particular, is as effective and as impartial as .those who interpret it. it is impossible to draw up any law that is so comprehensive as to make the attitudes of those who carry it out anything but all-important. The Mining Law and the Securities Act are both comprehensive and drastic in their provisions; at the present their effect seenis to be one of retarding the mining industry. The original intention was undoubtedly otherwise, but the result has arisen froni too hasty consideration in the enactments. Many provisions of these laws were taken bodily froni siniilar acts in the United States which have since proven unworkable and have __ been discarded. (Please turn to page 24) The Marsmans Return ............. . Itogon Mining Company ........... . Paracale National Gold Mining Company Suyoc Consolidated Mining Company San Mauricio Mining Company ..... . United Paracale Mining Company .. . Acoje Mining Company ............ . Palidan Suyoc Deep Level Tunnel Company Christmas Greetings .•.............. Gumaos Goldfields, Inc. . .......... . Union Mines, Inc. . ................ . Vibro Pile System in the Philippines Philippine Smelting Company ....... . "Harvard Spirit'', A Tribute to Richard Hayter ......................... . Coco Grove Dredgers ............... . Northern Mining Agreement Suyoc Consolidated Mining Company Staff List ... ~ .................. . Let's Get Acquainted L. M. Robinson ................ . Warren Gilkison ............... . Editorial ......................... . THE MARSMAN MAGAZINE 1 2 2 z2 4 4 4 5 6 6 8 12 14 16-17 19 20 21 21 23 Published each month for Marsman & Company, Inc., Marsman Building, Port Area, Manila, Philippines. P. 0. Box 297 The magazine is :1ent to all stockho'/.detrs of Marsman managed properties and to all ataff ~mbera of the eompaniu assooiated with tM Marsman iftte,.e-.sta. NOTE: All ore values, bullion figwres, etc., given in this magazi11e are expressed in pesos based on gold at 185.00 an ounce and silver at the market priu. Figures given in f1Wnthl11 reports are based on mine assays, and may differ to some extent from final mint <W smelter returns. Reproduction of materials published in The Ma;rsman Magazine is welcometl.. Cuta used may be borrowed, or matrices supplied, upon application to the edito'T". SUBSCRIPTION PRICE. PS A YEAR. RALPH KEELER, Editor and Business Manager THE MARS MAN MAGAZINE for December, .1937' 23 EDITORIAL (Continued from p. 23) Much, of course, depends not only upon interpretation but also upon administration. There should always exist a friendly cooperation between the government and private enterprise of any kind, if industry is to flourish. This is particularly true in the case of an industry comparatively new to the country, as is mining to the Philippines. Many complexities have developed, and others will inevitably be encountered from time to time. Amendments to the present laws will undoubtedly beMarsman and c<>me necessary. Useless but annoying restrictions should be speedily eliminated. Simplicity should be the keynote of all such legislation. Now is the time for thoughtful study, not only on the part of governmental administrative entities and legislators, but also by the Chamber of Mines and private enterprise. Defects in the laws should be remedied, otherwis3 a promising industry will succumb through slow strangulation. Company, Inc. Insurance Department 24 Representing The Employers' Liability Assurance Corporation, Ltd. Insurance Company of North America North China Insurance Company, Ltd. The Manufacturers Life Insurance Company of Canada Filipinas Life Assurance Company Crown Life Insurance Company of Canada Occidental Life Insurance Company of U.S.A. Asia Life Insurance Company THE MARSMAN MAGAZINE for December, 193'1