Document OzJN2waEY4N16VxjYOrwxNvXX

Her: York-, N.Y. November 17, 1947 A meeting of the Executive Committee of the Lead Industries As sociation was held on Monday, November 17, 1947, at 12:30 P.M., at the Down Town Association, New York, N.Y. PF-ESENT REPRESENTING C. H." Crane, Chairman X. C. Brownell F. W. Rockwell F. F. Colcord St. Joseph Lead Co. American Smelting and Refining Co. National Lead Co. United States Smelting Refining & Mining Co. Inc. OTHERS Norman Hickman Simon Straus Clarence Glass J. A. Martino D. A. Merson H. Cornell V. Peters E. 'Norms er A. E. Marcuanc The American Metal Co. Ltd. American Smelting and Refining Co-. Anaconda Sale: Co. National Lead Co. National Lead Co. St. Joseph Lead Co. St. Joseph Lead Co. St. Joseph Lead Co. United States Smelting Refining P Mining Co. Inc. R. L- Zieafeld, Secretary-Treasurer The meeting was called to order with Mr. Clinton H. Crane in the chair. The minutes of the previous meeting of March 2S, 1947, were ap proved. MEMBERSHIP NR 17 MEMBERS - Cerro ce Pasco Conner Coro. - The election of the Cerro de Pasco Copper Corporation, New York, N.Y., to membership in the Lead Industries Association as of August 7, 1947 by letter ballot of the Executive Committee, was confirmed. Consolidated Mining & Smelting Co. of Canada. Ltd.The election of the Consolidated Mining & Smelting Co. of Canada, Ltd., Montreal, Canada, to membership in the Lead Industries Association as of August 7, 1947, by letter ballot of the Executive Committee, was confirmed. Knann Kills, Inc. - The election of Xnapp Mills, ST-! Inc., New York, N.Y., to membership in the Lead Industries Association ' *>' as of September 3, 1947, by letter ballot of the Executive Committee, was' confirmed. LI40276C ir vb Executive Committee Meeting Minutes November 17, 1947 EE5IGNATIONS - The Sherwin-Williams Co. - The resignation of The Sherwin-Williams Company as of June 30, 1947, vras accepted. BUDGET - 1948 In a discussion of the budgets for 1948 it was generally agreed that the publication of LEAD should be continued on a two-time a year basis, at least during 1948. It was brought out that such institutional advertis ing should be kept alive as it might be needed more intensively in the future. The Chairman emphasized that funds had been provided to obtain the services, full-time, of a professional man to do educational work on lead hygiene and that he felt it to be a "must" that such a man should be ob tained as soon as possible. Tt was agreed that inasmuch as the Metallic Lead Products Division had offered no satisfactory solution to raising funds above the amount subscribed in 1947, the budget of that Division for 1948 should be the same as in 1947, or approximately *29,000. It was regularly moved, seconded and carried that the Ordinary Fund end Safety and Hygiene Fund combined should total *90,000 in 1948, *70,000 of "'hich should be for the Ordinary activities and *20,000 for Safety and T' riene. Tt vras regularly moved, seconded and carried that an overall ceil ing of *107,500 be placed on expenditures for all funds in 1948. It was regularly moved, seconded and carried that *13,000 be trans ferred from the General Promotion division to the Educational Service Division. The following budgets and subscriptions were approved for 1948: 1948 BUDGETS To Ee Subscribed To Be Drawn From Reserves Total Budget Ordinary Fund Safety and Hygiene Metallic Lead Products Division Red Lead Division Educational Service Division *60,000 2,000 29,000 7,500 *10,000 18,000 15.500 12.500 *70,000 20,000 29,000 23,000 25,500* *167,500 * Includes *13,000 to be transferred from the General Promotion Fund, to be augmented by the American Turpentine Farmers Association Cooperative. Executive Committee Meeting Minutes 5 November 17, 1947 SUBSCRIPTIONS AMENDMENT TO CONSTITUTION AND EY-LAV.TS - Amendment to- Article 6 on Membership in the Consitution and Article VI on Expenses and Assess ments in the By-Laws, as approved by letter ballot of the Beard of Direc tors on May 20, 1947, was formally approved and attached as Exhibit "A." INTERPRETATION OF AMENDMENT ON FOREIGN SUBSCRIPTIONS - The basis of assessment previously agreed to in correspondence between Messrs, Brormell, Fletcher and the Secretary, as Exhibit nEn attached, namely that foreign producers should pay at the domestic smelting rate for all pig lead they import into the United States, with a minimum subscripti--n of *1,000 per year, v;as approved METHOD OF PROCURING SUBSCRIPTIONS - Mr. Colcord stated that he had analysed the method used by the Association to provide funds for its various activities and that he had come to the conclusion that the basis should be revised. In his estimation, the smelting anc refining division was not carrying a proper share of the burden of support. The Chairman stated that he believed it best o in the method of assessment at this time. No action mas taken. to recommend any STATISTICS Recuest from AUERICAN V iC^I',Tgrri _ _ p. c u e s t from the AMERICAN to use the estimated Lead Cor.su on F eport of the Association in compiling an index on the activity of various metal working incus- tries was approved, providing the actual Associa- ion figures would be submerged in the index and would not be revealed in any way. Request from AMERICAN METAL MARKET - A request from the American M^tal Market for information on lead consumption was refused on the grounds that this would lead to providing all papers with consumption information. TESTIMONIAL TO FELIX B. WOKMSER The Chairman then presented to Mr. ^orcnser a beautifully illumi nated framed copy of the resolution in appreciation of his services as Secretary of the Lead Industries Association, adopted at the meeting of the.Eoard of Directors on May 9, which was gracefully accepted by Mr. V.'ormser who stated that whatever he may have done for the industry was accomplished through the help and cooperation of those present and other members of the Association. LIAC276? ,4 Executive Committee Meeting Minutes November 17, 1947 4 ASSOCIATION POLICY EITH RESPECT TO POSSIBLE LEGISLATION AFFECTING THE LEAD MINING INDPSTKY The question of possible legislation affecting the lead mining industry was discussed and the Chairman pointed out that the Executive Committee had already gone on record with its views. The Secretary was then instructed to continue his efforts along the same lines as in the past, working closely with the President and the Executive Committee for guidance as the occasion arises. APPOINTMENT OF SECEETAEY AND TEEASURER It was moved, seconded and carried that Mr. Robert Lindley Ziegfeld, Acting Secretary and Treasurer, be appointed Secretary and Treasurer of the Lead Industries Association at a salary of *15,300 per annum, effective November 1, 1947. The meeting adjourned at 2:30 P.U. l ^02?63 v / Executive Committee Meeting Exhibit "A" November 17, 1947 AlilHDMEST TO CONSTITUTION ARTICLE 6 Membership Any individual, oampany, firm, oorporation or other form of enterprise en gaged in the United States in the mining of lead ore and/or the oonoentrating thereof, the sme]ting of lead ore and/or lead oonoentrates, and/or load bearing sorap, the refining of lead and/or lead bearing sorap and/or drosses, the manu facturing of pig lead, antimonial pig lead, lead pigments, metallic antimony, metallic lead produots, allied produots defined hereafter as "metailio lead prod ucts," "aotallio foil produots," and "lead ohemioals," and the original sale of suoh produots by the one producing or manufacturing the same eithor directly or indirectly through subsidiary and/or affiliated companies, and/or consuming load or lead produots in the fabrication of assembled articles, is eligible for mem bership, Aoceptanoe of membership shall imply subscription to the provisions of this Constitution. (a) "Lead Ore and Lead Concentrates" as used herein is defined to mean ore and the oonoentrates thereof, oontaining lead as the principal commercially recoverable constituent, (b) "Lead Hining" as used herein is defined to mean tho mining and oon oentrating of lead oro and any further benefioiation thereto prior to the ship ment to the smeltor. (o) "Lead Smelting and Refining" as used herein is defined to mean metal lurgical and/or chemical treatment of load ore, load oonoentrates, lead bearing eorap, and/or drosses and any other lead bearing material into "Fig Lead," and/or "Antimonial Pig Lead.* (d) "Antimonial Pig Lead," inasmuoh as Antimony is a common constituent of most lead ores and a by-produot of Lead Lining, Smelting and Refining, Metal lic Antimony and Antimonial Alloy Produots (Antimonial Pig Lead) shall be in cluded within this definition. (e) "Lead Pigments" as used herein is defined to mean basic oarbonate white lead (dry or in oil), basic lead sulphate (dry or in oil),- litharge, red lead (dry or in oil), orange mineral or any other lead oxides, with or without metallio lead oontent, (f) "Metallic Lead Products" as used herein is defined to mean extruded, rolled, oast or otherwise fabricated lead or lead alloy produots (except as sembled artioles defined in paragraph (i) ), kindred produots of metallio tin, and tin alloy or other metal or metal alloy products, which are produood by mem bers on the same type of machinery and under similar labor and fabricating con ditions. L I A f2764 N 670.01 C n; \i (g) "Hetallio Foil Produots" as used herein ip defined to mean lead and/or tin and/or xino or their alloys or combinations thereof rolled to a thiokness of *006 of an inoh or less, whether attaohed or affixed to other materials or not. (h) "Lead Chemicals" as used herein is defined to mean any lead ehemioal not speoified in paragraph (e) "Lead Pignents," (i) "Assembled Artioles" as used herein is defined to mean artioles suoh as storage batteries, lead covered cable, ammunition, eto. in whioh lead or lead produots are a substantial oomponent but are not rosold as load or lead produots. Any individual, oompany, firm or corporation, or other form of enterprise, produoing or using lead or lead produots, whioh is ineligible, under the torms of this Article for full membership, is eligible for associate membership. Assooiate members shall have all the rights and privileges of othor members oxoopt the right to voto. Hi :P7ai a me n d me n t t o b y -l a w s ARTICLE VI Expenses and Assea amenta SEC. 1. The expense of oonduoting the Lead Industries Association shall be apportioned among the members and shall be based upon the lead production or consumption of the members reduoed to units of metallio lead. In the oase of the mining* smelting and refining branches of the lead industries, the lead pro* duoed in ores and oonoentrates, or lead bullion and pig lead, respectively, shall be the basis of the assessment* in the oase of the manufacturing, resel ling or oonsuming branohes of the lead industries, the lead consumed, whether virgin or secondary, shall be the basis. A schedule of assessments shall be drawn up based upon the four major divisions represented in the association, i.o., (a) mining, (b) smelting and refining, (o) manufacture of lead products, (d) consumption of lead or lead produots in the manufacture of assembled arti cles. Assessments -shall be apportioned among members in eaoh of the above divisions aocording to the following ratio per ton* (a) 4, (b) 1, (c) 2, (d) l/2. Members exporting lead or lead produots to the United States from a foreign country shall be assossod at the some rate as damostio members of tho same division on the tonnage of load oontent aotually exported to tho United States, Somo membors may be assessable in two or moro divisions. Contribu tions shall be based upon the previous year's reoord of production and con sumption, and shall be made quarterly. The minimum fee for membership in the Lead Industries Association shall be $200,00,feffeotive January 1, 1948, SEC. 2. The fee for associate membership in the Lead Industries Associa tion shall be $200.00 per year, effeotive January 1, 1948, except that associate members exporting lead or lead produots to the United States from a foreign country shall be assessed at the same rate as demestio mombors of the same divi- nsion on the tonnage of lead content actually oxportod to tho Unitod States, or ,000.00, whichovor is highor. LI 402766 LV . ** Item U (b) on Agenda for Executive Committee COPT AMERICAN SMELTING AND REFINING COMPANY 120 Broadway New York 5, N,Y. June 17th, 19U7 Mr, Andrew Fletcher, President St* Joseph Lead Company, 250 Park Avenue, New York 17, N. Y. Dear Mr, Fletchers Thank you for your letter of June 16th with regard to charges on imported pig lead to be made to the Lead Industries Association, We will agree to the basis set forward by you. I understand that Mr, Ziegfeld is taking the matter up with Cerro, and I told Mr, Wormser that I would talk to Con solidated to see whether they could be brought into the fold, Mr, W, S, Robinson will be here the latter part of June and I imagine you could -talk to him at that time, I also assume that the Amer ican Metal Company are in agreement, I am taking the liberty of sending to Mr, Ziegfeld a copy of your letter, as well as copy of this reply. Sincerely yours, /s/fcENNETH C, BROWNELL /t/KENNETH C, BROWNELL KCB:MB cc - Mr, Robert L, Ziegfeld Lead Industries Association, LIAC2767 CO PI Item U (b) on Agenda for Executive Ccnmittee P ST. JOSEPH USAD COMPANY kr 250 PARK AVENUE Mew York 17, N, T. June 16th, 19U7* Mr. Kenneth C Brownell, Executive Vice President American Smelting and Refining Company, 120 Broadway, New York, N. Y Dear Mr, Brownell: ^ Mr. Crane has given me your letter of June 11, 19h7, in connection with Mr. Ziegfeld`3 letter of June 6, 19h7, relative to the interpretation of the By-Laws of the Lead Indus tries Association. It i3 our understanding that Mr. Wormser spoke with you prior to his leaving for Argentina, and that both he and you were in accord to have all importers of lead pay the Lead In dustries Association on the rate charged danestic refiners and smelters - in other words, eliminate the mining assessment - with the proviso that the minimum subscription should be $1,000., and that possibly in the future, consideration may be given to in creasing this basis for importA of lead. If this arrangement is satisfactory to you, Cerro, Consolidated, and Broken Rill, it is entirely satisfactory to St. Joseph Lead Company. Sincerely yours, (Signed) Andrew Fletcher President AF:T Meeting - COPY l ead in d u s t r ies as s o c iat io n U20 Lexington Avenue New York 17, N. Y. November 17, 1947 Item U (b) on Agenda for Executive Committee June 6, 19U7 Mr. K. C. Brownell, Vice President American Smelting & Refining Co. 120 Broadway New York 5, N, I. Dear Ken: In accordance with our telephone conversation today last year's rate of assessment for mining companies was $.136 per ton and for smelting and refining $.03U per ton, I believe this year's rate will approximate last year's. Under the new proposed amendment to the By-I.aws, companies exporting lead to the United States would be charged at the same rate as domestic companies in the same division, the divisions being (a) mining, (b) smelting and refining, (c) manufacture of lead products, (d) consumption of lead or lead products in the manufacture of assembled articles. As we discussed, there are two possible interpretations as to the assessment of exporters to the United States. One might be, in your Company's case, that you would be assessed the smelting rate of I.03U per ton on the entire amount of your exports to the United States, plus $.136 per ton of whatever proportion of these exports are produced from your own mines. The other would be to assess your Company only the $.03U per ton on their entire exports to the United States because the lead enters the country in the form of pig lead. This would apply also the Cerro de Pasco and in the ease of both Broken Hill and Consolidated there would, likewise be the question of whether to assess them only the smelting rate, only the mining rate, or both rates, I, naturally, do not feel at liberty to interpret this sec tion and I believe that an interpretation by the Executive Commit tee would be wise so that all exporters of lead to the United States will be treated equitably and alike. Very truly yours, /e/'obert L. Ziegfeld /+ v jert L. Ziegfeld ing Secretary, LI 4C2769 N 670.04