, 1889-06-06

nice apparently take no ipttreat in ~.
Rion 80 remote from their capital. Each
new and valuable discovery IL at once oc.
cupirl and owned by Am-r,csns. A
change in the present tariff rrunlation,
would force the Canadians to construct
their own railways into the mining re-
zion. and destroy u trade whi eh IA rap,dly
growing up with the United Siat-s, anil
which is aiding materially in building up
our NOrthrIn towns.
RELATIONS WITH CANADA.
| will touch u moment upon our rela.
tions with Canada In regard to mining
mattrrs. British Columbia has entire
control OF the mines wilhin her borders,
ana her mining laws are PATTERNED closely
after tbose of the United States. In vi.
respects however they are more liberal.
American min,rs and Capitalists are es.
pec'ally invited TO invest In and de-
velop their mining resources. BY the
payment Of simple tax Of Is
annually a foreigner or foreign COMPANY
has ruua rights with British sulj jet. OF
pre.en'ptiov. working. buy inv and s-lllng
mining csims. A law Il embodied IN
their code, which suthoriz.s American or
other foreign compaui-s. wherever i"cor-
poratrd, to file their articles OF inrorpora.
tiou with the land CON mission in Victoria,
and ut once become Invested with all
the rights of the Canadian interpretations.
] need not say that this - II striking con-
trast to our own exclusive policy ia the
purchase and ownership OF mining prop
critics. l bel eve that u feeling 80 pl-as-
aDtly exhibited, and which bills far TO
soon ripen into u wish for u closrr pJliti.
cal connection, should not he discouraged
by onildinR up u wall OF demarcation be-
tween us.
THR Low PRICE
OF lead is undoubte lily the primary canse
OF the present onslaught upon foreign
lead ores. May not tnis depression in
price be due IN u great nrasure to the pro.
ducrrs themselves, and to the dealers in
the articlep OF lave years CORNERS" have
been attempted in CONT oliI he worlds
supply of various metals. 1t il within
the recollection Of all OF Us that quicksilver
WAS advanced to the rxortitant pric..
OF 81 40 per pound. This was
followed by such over production
that the quicksilver mining interests have
since lanvuished under the loD rate Of 40
cents. Our cooper interests are a striking
instance of the effects OF IA coll spsed French
syndicate. Thousands of miners in Butte
and A Anaconda districts in Montana ARE
OF the failure Of the syndicate, and the
natural reaction in thu prices of that
largely used metal. II MIR. Corwith Of
Chicago had not attempted TO corner"
lead, and thus impose burden upon
the people Of the United States, by raising
to an exorbitant figure q metal which
enters so largely into all our present do
nestle manufactures, it Is probable that
lead would now be selling at u paying
price. Would II be considered wise
Transaction if the Calumet K H-cla pso-
pie, or Messrs Haggin & Hearst should
ask the secretary of the treasury
to take action which world enable
them to keep the price of copper
up to II cents, as it has recently brrnp
Why should he treat lead differently
Let the CGur d'Alene mine owners repu-
late their production, and above all, dis
undue speculation in the price of
the metal which they 30 cheaply produc-,
and believe that q profitable era for lead
mine owners will follow. nave the honor
to be. gentlemen, your obediert servant.
G. b. WuauT.