STATEMENT OF CHARLES B. BRADY, PRESIDENT MATERIAL SALES COMPANY SALISBURY, NORTH CAROLINA BEFORE THE SENATE FINANCE COMMITTEE ON H.R. 13270 THE TAX REFORM ACT OF 1969 September 25, 1969 I am Charles E. Brady, President of Material Sales Company, Salisbury, North Carolina. Material Sales Company is sales representative for quartzite produced by Lessees of B. V. Hedrick Gravel and Sand Company and W. R. Bonsal Company of Lilesville, North Carolina; and for Becker Sand and Gravel Company of Cheraw, South Carolina. Quartzite is the mined raw material from which the metal silicon and its many alloys are produced. The metal silicon is not found as such in nature. Quartzite is reduced in an electric furnace along with an oxidizing agent to produce the pure metal silicon. Some of the companies producing this metal are: Electrometallurgical Division of Union Carbide Corporation, Electrometallurgical Division of Air Reduction Corporation, Interlake Steel Corporation, Foote Mineral Corporation, Ohio Ferro-Alloys Corporation, Tennessee Metallurgical Company, and others. Be The metal silicon is not unlike aluminum in appearance. It is very hard, has great tensile strength, is light, and highly heat resistant. cause of these qualities it is used in alloys of iron (Ferro-Silicons), alloys of steel and manganese, alloys of steel and chrome, and it is essential in the making of aluminum used in automobiles, trucks, airplanes, and in the hundreds of other aluminum products. Silicon is extremely important in times of peace, and its use and importance multiplies in times of national emer gencies. The purity of the quartzite (Si02 content) is essential in making the grade of silicon needed to make the high quality alloys needed in modern metallurgy. Consequently the prime source of this quartzite is from Marlboro County, South Carolina, and from Harnett and Anson Counties in North Carolina. The quartzite produced from these sources by the aforementioned companies, whom we represent, analyzes 99.5% Si02 and better. |