The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-11-03

discovered that we could abandon the
Anaconda and st. Lawrence and keep
the smelters running right along in
definitely from the ore that the other
mines owned by the company could
furnish.
We also had the shutdown to con-
tend with in 1891. That was absolutely
forced by the grasping policy of alb
sentee railroad managers who since
then have managed to make their
whole system bankrupt. Those were
days when a man had to be a soldier.
1t was a very trying time while II last
ed. can saw now that In those times
II was not pleasant TO meet neighbors
and acduaintances on the streets of
Butte who were advertising to the
world the statement that Daily was
working a long game to raise the price
OF copper. Later on we built the Butte.
Anaconda & Pacific railroad. and ] re-
factory ventures have had anything
to 60 with In Montana.
We started the city Of Anaconda in
1882. as we could not find enough water
at any place nearer Butte. We ex-
amined the Big Hole district and sew
eral other places. 1t was at one time
a question whether the works would
be built In the state or not. In uhe end
we concluded TO build at Anaconda. /
was always glad of II. / had no am
bttion to found any city but like to
see Anaconda prosper. as II has year
after year. and 1 am also glad that II
Is one OF the important centers In the
prosperity of the state.
/ have paid no attention whatever to
the talk that has been heard. since
the experts came here. about the sale
OF Anaconda stock or the future inten-
tons of the company. 1t took a long
time to make the organization. After
a most thorough examination by ex-
perts, we have sold one-auarter of the
capital stock at a price that makes the
properties worth $50. 000.0 900. Since then
a part of this quarter has been sold In
New York and London at price
which makes the property worth about
s37, 100000. No larger interest than this
quarter was ever offered for sale. I
feel perfectly willing to admit that
sales at this figure for properties which
have been under my management since
we started with the hand-windlass,
give me a great deal of satisfaction
more. a good deal. than the money it
self could represent
am glad that the false reports cir
culated In Butte while the experts were
there did not interfere with the deal.
IL these reports had been believed. the
results would have been very unfortu-
nate, owing to conditions OF the sale
which / do not care to take the trouble
to mention. even IL felt at liberty to
do so. never have been able to I'M
derstand why these reports were kept
up. i mean that I cannot see any mo-
tive for selling us all out by gossip
and packing our trunks for us to leave.
am not so childish as to imagine that
there are people among my acqualnt-
ances who want Ito hurry me out of
Montana. II there are such people.
shall be Obliged TO disappoint them.
because did not come to Butte to
make some money and then go away
telling everybody that Montana Is not
fit to live in. / wouldn't wonder II
am found working right along IN the
old way long after some of those who
have Advertised me out" have left
Montana.
promised to furnish something
about the Anaconda company under
my management for the Standard.
am keeping my promise. But
I think I can say rhat don't
very often make the same mis-
take twice. SO. as this Is my last
as well as my first attempt to write
for the newspapers. I want 20 say
this: My home Is In Montana.
my interests are here. My friends
i have any mans share OF them-are
here. and / have no other plan in the
world except to stay with them.
Marcus Daily.