Mineral extraction is not paid for, there is no royalty. It is $3.50 cents an acre under the 1872 mining law. I am glad the gentleman will support a fee on mining. I will have a bill to him in the near future.
John W. Peterson: “Mineral extraction is not paid for, there is no royalty. It is $3.50 cents an acre under the 1872 mining law. I am glad…”
Editor's note · Context
Discussing the financial aspects of mineral extraction and proposed legislation.
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