, 1891-09-11
HE HAS A SCHEME.
An Omaha Man Wants a National
Miners Exchange.
He Will Talk Further on the Topic
This Morning.
Gold Hill, Oil and the Worlds Fair
Receive Attention.

At the mining convention last night
the mayo and a number of prominent
citizens were present. There was a light
sprinkling of ladies and more delegates
were present than at any previous meet
ing. Senator Chatterton was called to
the chair and presided during the even
ing. The first speaker was Geo. F. CAMS
of Saratoga, who read a paper on Gold
Hill and the upper Platte valley. Mr..
CAMS paper was a clear statement of the
history and future prospects of Gold Hill
and why it has not doomed.
The second speaker was f. G. Bartlett
of Omaha. Mr.. Bartlett read a q on
the oil prospects of Wyoming; describing
the different oil-sand strata and COM
pairing the oil fields and the oil formations
of Wyoming with those of Pennsylvania.
Mr.. Bartlett said that the oil fields of
Wyoming we're 100 to $50 miles wide and
extend from the northeast corner
to the southwest corner OF the state.
He thought the Wyoming oil fields must
be developed before very long. Prof.
Elwood Mead was the third speaker of
the evening. His remarks were intended
to create an interest in the coming
Worlds fair and the Wyoming exhibit.
Prot. Mead said: You may be interested
in knowing something about what the
Worlds lair board of managers are do
ing. The coming fair will be the most
successful n ever held. Over $780,
600, 900 will have been expended befor e
the doors are opened. 1t will be more
international in character than any fair
ever held. People will come from Europe
to see what this continent is like. They
will come more to see what we have to shov
than to make their own exhibits. The
welfare of our state is at stake. TIL,
board desired to know the best way t.
spend the money appropriated. Not owe
one-third could be used for the building.
The appropriation is inadequate and t.
make a proper exhibit it will probably be
necessary to secure a state subscription.
Other states have established the prece-
dent. The principle Wyoming display
will be the mineral exhibit" When Prof.
Mead finished w. E. Mead of Omaha
was called.
1t was the proper time for his sugges-
ton on how to arrange a mineral display.
place your gold, silver and copper bars
by the side of your ores" said he, with
the expense of getting out and working
the ores" MI. Mead suggested the idea
OF putting in the building cross sections of
ore as a display. After a few very valua-
BILE suggestions as to placing the display
Mr.. Mead diyulged his business PROPOSE
ton.
He is establishing a natl onal organiza-
ton, a miners exchange. It has been
called the Omaha Millers' and Miners
exchange but the name will be changed
and national substituted for Omaha. The
idea is to place mining property on the
exchange and make it as stable as wheat.
This can be done by taking the ore and
with it a sort of record showing from
what depth the ore is taken, the process
by which it is worked and all necessary
information. The organization is a men,
bership concern and not only the miners
but the business men must join it. The
business men must back the miners. Then
when the product OF a mine is placed
upon the exchange accompanied by the
proper record and this backed by the
business man, who has a good
standing in Bradstreet's, there will
be no trouble in securing all the
capital necessary to establish the proper
plant for working. Thus the object of
the National Miners and Mlllers' ex-
change is to join the interest of miners
and capital. Mr.. Mead reiterated his