The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1891-06-07
TALKS WITH BUSY MEN.

Col. Broadwater had finished debating a
letter and was looking out Of the window at
the fast pouring rain when ! dropped into
his Office yesterday morning. Inc coloneFs
enthusiasm on all subjects concerning Mon
tana comes from one who has passed the
greater part OF his life IA a leader IN the
grand workof building a new commonwealth
His native energy and have
brought a handsome fortune while his pub
lilo spirit and pride in the city Of Helena
have contributed a magnificent enterprise
for which the citizens owe a lasting debt OF
gratitude.
| asked the colonel about topics of local
interest. The colonel said: II have lust
been making a general estimate of the
value of Montana outputs for the coming
year. l believe u conservative estimate fol-
cattle is 10000 head, though prominent
stockmen tell me that this will reach 2Al,0 O0.
/ place the value at $4,000, 900. The wool
output should reach s.. OoD, 900 and the sales
of sheep and horses will undoubtedly touch
S1,OO,000 There are eleven millions from
resources outside of mines. Last year we
were forced to SEMI millions outside the
state to purchase the necessities to
carry us along. This year all
these will be produced at home
beside. Al a citizen of Helena l am inter
ested because a great part of this money is
invested by Helena people. and will come
back to this city. An incident occurred the
other day which we'll illustrates how Hell
ena is regarded as a place to secure capital
for mining enterprises. A man came here
from Phoebe, New. to find $4,000 to de-
velop Il property and he secured the money
within twenty-four hours. Think of it.
There was no place in Nevada, he passed
Salt Lake, and he did not go to Denver or
San Francisco, which towns were quite as
near. He came to Helena because it has
the reputation of being the center
of mining capital iii this western country.
We have mining men here who
are known all over the country. We have
the money to put into mines when it can be
shown that the investment promises rea-
sonable returns. The best experts make
their headquarters here. The great Eng
lish syndicates do their business through
Helena banks and they always inquire
whether Helena capitalists have invested
in these properties. When an outsider has
made money in mines and roposes to con-
tinue operations on a larger scale he makes
Helena his base. A prospector comes here
to interest monied men in his claim and if
he secures their assistance he finds they
will stay with him. The camp of
Neihart, one of the most promising
regions known is owned by Helena money.
and other camps have found that they must
come here to secure capital for develop
ment. So l say that this city will always
be the center of capital for Montana. AS
money goes out from here, so it comes back
when investments are profitable, as most of
them are. In the Elkhorn and De Lamar
properties alone there are $500. 600 of Helena
money. When a tow has the
established reputation of a financial
and banking center like Helena
it's future is as sure as the rising
and setting of the sun. But l am glad to
note that Helena is progressing in other
lines. We have already manufacturing en-
terprises that promise good dividends, and
we will have others. The city is
already the railroad center of the state
and other roads are turning this way. I
learned while east that several immense
railway corporations are directing special
attention to the gathering of information
concerning our resources and the routes of
lines, etc. AS we have everything to offer
| can see no reason why these companies
will not soon stretch their lines into our
borders. They must come to Helena, as
other roads go to Kansas City, Chicago and
other points because they are commercial
centers. / am greatly interested in the
trnrncnI ii, RIr ,f on nrtncJo, wall no
cause | can see vast possibilities as a result
of success, and l can see no reason why
success i'll such enterprises should not be
reached in Montana as we'll as other states.
| only hope that our home capitalists will
not want to be urged in this matter. 1t is
a small investment and may result in Won
ders."
Ex-Gov. Hauser is a very busy man. 1t
seldom happens that he is not surrounded
in his office BY men who are connected with
him in enterprises scattered over a large
region of country. He does business in
New York at the same time, for no western
capitalist is better known IN that metropo-
lis. The governor has always been n thor
oughly loyal Helenaite and Montanian, and
Always uuuS tllue, even III inc mlGbG OF
pressing business, to say a word for the city
and the state.
The falling drops of rain suggested a
Montana topic. ID you know" said the
governor, lust what these splendid rains
of the last month or SO mean? You hear
people say well. this is a fine rain,' or this
rain is a great thing for the state but
they annot appreciate their value. During
a long residence in this state l have never
seen a finer rainfall thus far in the season
and it is far greater han any OF the seasons
rains for the last three years. 1t will pro-
duce great results for the agricultural and
other resources have greatly increased even
during the last year. | have lately had re-
ports gathered in a casual way from leading
men in all sections of the state. They tell
me that the ranges and valleys in all sec
tons never looked so promising. If we do
not have another drop of rain this season
the crops will be more than satisfactory.
The place. output this year will,
believe, reach = 1000, 900 az another result
of the increased water supply.
Tho gold sent to the assay office from
p~lacers this season is considerably greater
thaS at the same time last season. This is
a fair criterion by which to judge tho prod
uct for the year. The gold sent in 80 far
has been washed from the melting SHOWS
which run into small gulches which receive