St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-07-19
a LUMBER MEL FREEZE OUT.
The Chippewa Logging Company
Make "a Shrevyd Move.

The Chippewa Logging Company
Make "a Shreyyd Move.
Special to the Globe
EAU CLAIRE, July 1s.-The purchase by
the Chippewa Logging company of the re-
mainder GO per cent? of the stock of the
Sherman Lumber company, not already
held by the first-named corporation, leaves
it in full control of the mill. The purchase
of this 20 per cent, held by the Messrs.
Sherman, is generally regarded as being
practically a ''freeze out" and considerable
comment on the subject has been occa-
stoned among lumbermen and the public in
general, The price to be paid for the stock
is SIS, 900, seventy-fve cents on the dollar.
1t is believed that the mill will not be OPP
Grated at all, as it is said leading man
of the logging company has declared
the mill will never turn wheel. 1t is
said to be the present purpose to take the
mill down and remove it to Chippewa
Falls. The ground alleged for the pro-
posed removal is the cost of boomage here.
but the real reason is believed to be the de-
sire to show favor to Chippewa Falls on
account of the immunity from taxation of
logs which that city grants to the Chippewa
Logging company. 1t is limited here, how
ever, since the withdrawal OF that COM
| pany's suit against this city for tax money
paid under protest, that an effort is to be
made at the falls to enforce taxation of
the company there, and some interesting
developments are expected. The situation
of logging interests OH the Chippewa re-
mains substantially the same as week
ago, except that the effects of the pro-
longed drouth are becoming more marked.
Under special orders. the gates of all
the floodingdams on the river and
tributaries have been left open. as there is
no use in trying to make head of water
during the present low stage. The river
in this city is fordable at many points, and
the water does not flow over the crest of
the deils dam while the gates are open.
About thirty men are at work at the DellS
Sorting works. Rain is anXiously looked
for, especially on account of the mills on
the Eau Claire, which will be compelled to
close down unless rise comes before long
Leading Democrats are preparing to start a
live, local daily, which is an enterprise long
needed in this newspaper field. The new
daily is to be based on the plant
of the Eau Claire Weekly News,
owned by Kepler 81 Cobban
The Prohibition county convention yes
terday afternoon at the court house elected
Peter Truat, A. c. Van Hovenberg, W. E.
y. DeullllS, IL. IL. ITlpp. w. ii. SmlUn
delegates to the state convention. and A
G.. Hathaway, John Baker, S. G. Stevens.
G. A. Foster, George Lockin, B. 81. Castle
and A. j. Walrath as delegates to the con-
gressonal convention. The convention
was addressed by I. C. Richmond, chair
man of the state central committee who
expressed himself as full of hope
for the future, believing that
neither of the old parties could
get along without the Prohibitionists
but stating his conviction that Prohibition
lists should waste no time in trying to con-
vert saloonkeepers or others whose inter-
ests caused them to regard the liquor traffic
as morally defensible. The Republican
congressional convention has been called to
meet the day before that of the Prohibi-
tionists This has been done in order to
prevent the latter from nominating William
t. Price for congress first, The fear, how
ever, may be unfounded, and the Prohibi-
tionsts may not nominate or indorse Mr.
Price. If they do not, this omission to
do so will knock off about 1000 votes from
| Mr. Prices column