Word: sulphureous
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Ignoring the caterwauling protests of Governor Earl Long, the Louisiana house of representatives last week left ol' Earl's incendiary tax proposals (TIME, July 2) in ruins. Rejected by the legislators: Long-backed measures to boost state levies on sulphur, natural gas and pari-mutuel betting. Scheduled for similar treatment: an administration bill increasing taxes on timber and pulp...
...Soak business (in violation of campaign pledges of no new taxes) by jumping state levies on natural gas by 250%, on sulphur (Louisiana is the nation's second-biggest sulphur producer) by 200%, on timber by 100%. When industry spokes men warn that such taxes will stifle Louisiana's economy, Earl challenges them to go some place else if they don't like...
Mine the Rock. Fortunately, Dr. Brown says, ore deposits get bigger as they fall in grade. Clay, which is everywhere, is a low-grade aluminum ore, and sulphur can be extracted from plentiful calcium sulphate (gypsum). Even ordinary rocks can be processed for their minerals. One hundred tons of an average igneous rock, e.g., granite, contain eight tons of aluminum, five tons of iron, 1,200 lbs. of titanium, 180 lbs. of manganese, 70 lbs. of chromium, etc. Dr. Brown believes that the time may come when rock is refined into 20 or 30 products. Rock reserves will last indefinitely...
...SULPHUR HUNTERS Lawrence, William and Ashton Brady, who discovered the huge deposits under Mexico's Isthmus of Tehauntepec (TIME, Feb. 21, 1955), are selling their biggest mine in the area for some $16 million. Buyer: Manhattan Investment Bankers Bear, Stearns & Co. and Houston's Hudson Engineering...
Through the marshes of southern Louisiana 14 months ago, an oil-drilling rig was towed into position and a 20-in. drill casing firmly planted in the muck. Fort Worth Oil Drillers Sid Richardson and Perry Bass, in a joint project with Freeport Sulphur Co. and Houston Oilman John W. Mecom, started drilling with high hopes of tapping a new field near Louisiana's rich Lake Washington field. But as the drill bit downward-to 5,000 feet, 10,000 feet, 15,000 feet-their hopes sank as fast as their costs rose. Drillers had to battle hole temperatures...