The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1896-04-28

IT IS REORGANIzED
The New LeaSers Of the Wake-Up-Jim
Will Push Work.
AN INTERVIEW IN LONDON
De Putron Ciiddon Talks to the
Cookney About the Mines In
Trail Creek and the Men
of Montana.
AN INTERVIEW IN LONDON

of Montana.
The trouble among the leasers of tn
Wake-Up-Jim has been settled and tn
receiver who has had charge of th'
property for several months has beer
discharged. ]. p. Hendricks, who Sc
cured the appointment of the receiver
has purchased the interests of his part
ners. Bray, Nance, Hancock Watson
and Waters. and has taken in with
him w. II. Pickering and NJ. J. Cham
berlain and the three will work the
lease together. The consideration paid
Bray and his partners is not stated but
they are satisfied with what they got
for their interest. 1t is claimed that
they lost money while they had the
lease. The new 1easers intend to put
on a big force of men and work the
property to its full capacity and expect
to make some money out of it, The
lease runs for about five months yet.
A recent issue of the London Finan-
cial Review contains an interview with
De Putron Gliddon, who Is alleged to
be from Butte. He talked about min
ing in general and about the Trail
Creek country and Montana mining
men in particular. He is quoted as
follows:
huOW Qultt n nlllt dDOul DTlIicH
Columbia, as / have taken a great in
terest In that part of Canada Indeed
my home In Butte is headquarters for
most of the business done up there,
guess. You are probably surprised at
that statement, but the fact is the
great development of mining in British
Columbia has been done, not by the
British people but by the citizens of the
United States. The untiring hustle of
the American 0jffzan lads him ~.
regard state lines, and his commercial
audacity makes him take chances and
win prizes that the super conservative
son of John Bull never has a chance of
getting.
quite a good deal OF interest is be-
ing taken In mining in the provinces
nowadays. and i learn that Vancouver
Is to have a chamber OF mines, and
Victoria is stock exchange.
British Columbia generally is very
thoroughly mineralized; 1t would not
be easy 10 mention any part of the
province. which by the way is three
times as large as Great Britain, that
does not contain mineral lands.
Probably about the best known
mining district Is the Cariboo, which
has already produced over 10 million
pounds worth of gold, and yet so back
ward has been the development of the
country, that they have neither a rail-
road nor any locomotive of any kind
and all ore has to be carried In wagons
at a most serious cost.
Then there Is the Kootenay district
in which are some of the best mines
ON the American continent. This Is
the district that is so largely controlled
by the United States capitalists. There
is, for instance, the great War Eagle
mine, controlled by men living in
Butte, Montreal and Spokane. Wash.
Now that mine cost these shrewd
Americans for all development, so | am
told, just about $4,000. and they have
divided up for their profits already two
and one half times that money. The
average value of their ore is about two
ounces. but thoroughly authenticated
assays run as high as 500 ounces to the
ton, while one assay went as high as
1,l6s ounces. Besides this great mine
there are the lie Roi and Josie and I
happen TO know that something like
is months ago. or rather less, both OF
these were offered here in London for
mere song, but were scarcely looked
at, but couple of American miners
from over the border got hold OF them
and they have proved much more than
they We're stated to be, so that instead
of being purchasable for a few hum
dred pounds. they could not be touched
for less than half a million dollars.
And the whole of these three proper
ties are In the hands of citizens of the
United States.
The average value of ore I'm Trail
Greek is about the same as in the best
gold fields Of Colorado. excepting al
ways Cripple Creek, and the average !
will easily show double that of the |
Rand mines.
What British Columbia wants badly
Is some large companies to develop her |
wonderful resources, to build railroads |
10 locate good townsites to omen nm
her mines and also to induce settlers
TO TIL her soil and make some CONNER
cial use OF her marvellous wealth OF |
lumber.
Generally speaking. the government |
or Canada is behind the spirit OF the |
age. IL seems unable to follow the |
Star of Empire on its westward course |
That Is due to its centralizat ton in OF
tawa, 4 presume. Now take the case
OF the War Eagle mine That company
opened up the mine and were the men
who have made the mineral wealth of
Trail creek known. The mine rs I'm n /
district that is quite close to the Unit
ted states line, and on account OF the
miserable lack of railroad facilities IN
canada the owners had TO have their
ore carried through the states TO A
smelter. 1t was also necessary for
them to purchase supplies OF all Kinds |
either In Butte or Spokane. both towns
being In the United States of America.
There was necessarily some duty TO he
paid TO the Canadian government and
the need for a customs officer. so the
officer was put on duty at the bound
AIRY. and 50 parsimonious was the Can
adam government that the salary OF
that customs officer was charged TO
the War Eagle company. a matter OF
e1s per month.
1T is petifoggy pokishness like that
that Is keeping back Canada. and Is
driving the flower OF the Canadian
youth over the line into the United
States, for have been surprised every