Editorial - Philippine Resources
Media
Part of The Marsman Magazine
- Title
- Editorial - Philippine Resources
- Language
- English
- Year
- 1940
- Rights
-
- Fulltext
- EDITORIAL PHILIPPINE RESOURCES More and more attention is being i::aid to the potentialities of the Philippines as a source of raw materials for the United States, as the European situation becomes more complicated. President Quezon is about to conduct an economic survey in the south, and is particularly interested in the possibility of establishing a vast rubber plantation in the Koronadal valley. Director Abadilla of the Bureau of Mines calls attention again to the vast stores of strategic minerals in the Philippines, minerals needed by the United States. Four geological parties are in different parts of the Islands, conducting an extensive survey for possible mineral deposits. Coal and petrol'eum indications are being traced. As the United States speeds up its new and enormous defense program, the importance of all available raw materials becomes more and more evident. Thus the Philippines as a logical source for such materials is of increasing importance to the United States. This situation, coupled with the val'ue of the cash trade between the Philippines and the United States, makes it more and more evident that there can be no sharp severance of all relations when independence arrives in 1946. Rather, an adjustment of trade barrjers which will permit the continuancf~ of present relations and even stimulate new fields of commerce, is in line. T dble Of Contents Page San Mauricio Stock Listed on San Francisco Exchange . . . . . . . . . . . . . . . . . . . . . 1 United Paracale Mining Company . . . . . 2 ltogon Mining Company . . . . . . . . . . . . . . . 2 Coco Grove, Inc. . . . . . . . . . . . . . . . . . . . . . . 4 San Mauricio Mining Company . . . . . . . . 4 World Record in Tunnel Driving Helped by Eimco-Finlay Loader . . . . . . . . . . . . 6 Suyoc Consolidated Mining Company . . . 6 Tuba Mines . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Marsman & Company Dividend . . . . . . . . 7 Town Meeting of the Air Interest Increases . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Fourth Annual Sports Weekend at Paracale is Great Success . . . . . . . . . . . . . . . 9-10 Cletrac Tractors Ready for Demonstration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Marsman Trading Store Nearing Comp leti on 13 Suyoc Employees Start Interesting Publication . . . . . . . . . . . . . . . . . . . . . . . . 14 With the Marsman Men ................ 15-16 Two New Arrivals for Marsman Organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Production Table . . . . . . . . . . . . . . . . . . . . . 18 Editorial-Philippine Resources . . . . . . 19 THE MARSMAN MAGAZINE Published each month .for Marsman & Compa:ny, Inc., Marnna11 Building, Port Area, M~ nila, Philippines. P. 0. Box !97. The magazine is sent to all stockholders of Marsma.n managed preperties and to a.II staff members of the companies associated with the Mcwsman interests. NOTE: All ore values, bullion figures, etc., given in this magazine are expressed in pesos based on gold at $35.00 an ounce and silver at the market price. Figures given in monthly reporta are based on mine assays, and may differ to some eztent from final mint or smelter returns. SUBSCRIPTION PRICE, PS A YEAR. RAJ.PH KEELER, Editor and Business Manager THE MARS~IAN MAGAZI~E fo;· June, 1940 19