Copper Curtain

To help hard-pressed U.S. copper producers, suffering from a copper glut that has depressed prices to 25-c- per lb., the Government last week threw its weight behind a Senate bill that would restore copper import taxes which have been suspended (for all but nine months) since 1947. The Government's endorsement, made by Secretary of the Interior Fred Seaton, was a victory for Western miners and protectionists, who have stepped up attacks on the suspension since copper began to slide badly last year. If the bill goes through--and Administration endorsement makes it almost a certainty --all copper imports will be taxed at least 1.8-c- per lb., and 2-c- when the domestic price falls below 24-c-.

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