St. Paul daily globe., 1892-11-20
INTERESTS ARE SAFE.
The Next Administration Will
Imperil No Mining In
veStmentS.
&Ge
Minnesota Iron and Western
Silver Will Develop q
Together.
Vast Sums Invested in Sew
epal Of These Giant En-ti IN
terprises. nj 81
10 ~
y .as
Tho Epnat 0ufnuf OP tho Min
The Great Output Of the Min
ing Camps Of Mon
tana.

A good deal has been said as to tn
probable effect lpon the mining inter-
ests of the country of the political revo-
luton thathas just taken place. Within
a few days what are known as the
="caIamity howlers" have become very
plentiful among the Republican breth-
rem, and there are those of that party
who are disposed to think that the ad
vent of a Democratic national admins
tration is going to injuriously affect our
domestic mining industries.
There is no line of industry in which
the people of the Northwest are more
deeply interested than in that of min
ing. Whether it be the mining of iron
orc in the Gogebec and Vermillion re-
gions in Northeast Minnesota and
Northwest Wisconsin, or the production
of the precious metals in Idaho and
Montana, there is no other pursuit
which more nearly affects the prosper
ity and weli-being of this section, or,
indeed. of the entire country.
The present house of representatives
is without doubt a free silver body. 1t
has sustained proposition for the free
and unlimited coinage of silver by a
vote, divided on no lines of party, but
was clearly expressive of the demand of
the entire West that the most liberal
policy possible should be pursued to-
ward our domestic production of silver.
The incoming house and senate wll
without doubt be as decisive in their
adherence to the same policy, and the
welf-knoWn disposition Of the presi-'
dent elect to act i'll accordance with
weli-defined popular demands leave S.
no doubt that with those who say that
the policy of the immediate future to-
ward the mining interests of the North
west will be unfavorable, the wish is
largely father the thought. -
In order TO form anything Ii e an
adequate idea as 10 the extent and value
of the mineral possessions OF this North
west it would be necessary to set forth
statistics which would command but
small attention. Untold millions Of
American money is at present Invested
in the mining of silver and gold alone
in the Northwestern states, and but q
small proportion indeed do those. III.
vestmeDts bear to the sums which will
be devoted to the same pursuit within
the next few years in the two states of
Idaho and Montana alone. s''
When one stops to think for a momen
over the fact that i'll one city alone
which is as yet so young that it is
spoken of universally as a mining
camp" and which within period of
fifteen years was a mere aggregation of
barren foot hiils-Butte City, Mont
S27, 100000 worth of precious metals
have been produced in one year, it as
easy to see how little statistics can do
to set forth the possibilities Of Such5a
region. There are men now in Helena
and scattered all over the state OF Mon
tana, who worked with pick and shovel,
grub-Staked their claims and fought
against adversities of all kinds to hold
on to properties i'm Butte City which are
nowlmaking fortunes annually for their
owners, but who w ere. obliged at last TO
let go for want of either Of the neces-
sary grit or the necessary capi-
tai to enable them to con-
tinue. There within a radius of
a few miles is produced at the present
moment one-fourth of the entire output
of silver in the United States. Those
who enter Butte and put up at the lead
ing hotel have but to walk diagonally
across to the street to see in full blast
one of the greatest'depositso of silver and
copper in the world-the famous Ana
conda mine.
But it is necessary to go outside OF this
veritable Ell Dorado in order to locate
what is really the greatest silver-pro-
ducng mine in the world. A few miles
outside of Helena is what is known as
the Granite Mountain mile at place
called after the mountain-Granite-
from which is taken SO much silver that
that mine alone pays its owners profits
of 100000 every month over and above
the vast expenses which have TO be paid
for It's conduct. Whata veritable treas
ure indeed must such mine be!