Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1896-11-28
FOR THE ROTH6CHILDS
III. LEWIS IN ANACONDA LOOKING
OVER THEIR INTERESTS.
He VIII Visit the Occur d'Alenes
This Week and Examine the
Helena and Frisco.

Helena, Mont. Nov. 23.-Hamilton
Smith, the mining expert who examined
and reported on the great Anaconda
properties for the Rothschild syndicate
which recently acquired an interest In
them, is now in Anaconda, looking into
some more details of machinery, ETC. II
is said that the syndicate is looking to-
ward other properties, and certain
changes in the method Of work and Of
handling the product, and that 1t may
purchase a further interest In the propoc-
ties it has already acquired.
In this momentous work is Mr. Hamil-
tot. Smith now engaged. 1t involves many
millions, and he is not in hurry. But
he is expected to complete his work and
leave for the Occur d'Alene country eth
er tomorrow or Wednesday. 1t is said
here in Helena that he will be accom-
panied by President A. M. Hotter, of the
Helena and Frisco Mining Company, and
Ex-Governor S. r. Hauser, one OF the di-
rectors and an owner of two-ninths Of
tho property. Mr.. Hotter owns two
ninths and a small fraction more.
The directors of the company all Of
whom are in Helena, are exceedingly
close-mouthed. They admit that the sale
Is likely to be made, but refuse to discuss
the terms until the deal is completed be-
yond doubt. No details further than The
Spokesman Review gave last week are
known.
THE last time we gave it out" said
one, land the deal fell through. The re-
suit will be known soon after Mr.. Smiths
visit, for he will communicate with the
yoooy1a he nv yUira
The party is likely to go in over the
Occur Alene branch, which was opened
today, and will not visit Spokane unless
the plans are changed, and they go out
that way Mr.. Smith is travelling in Pres
ident Hills private car.
The visit Of Hamilton Smith to the city
at this time, says the Butte Miner, has
revived the talk about the sale Of an ad-
d:uonal interest in the Anaconda mines
to the Rothschlds. Mr.. Smith states,
however, that his visit has no significance
whatever except that he is on one Of his
usual inspection tours. The fact that he
expects to remain in this vicinity for a
month or so would indicate that there
is more In his visit than a mere tour Of
inspection. It is said on good authority
that one of the main OBJECTS OF Mr..
= WISH ID " ludhC q ACPSA l VA IAiS
Helena and Frisco mine, located at Gem,
Idaho, and owned in Helena, for the sale
of which negotiations have been pending
for some time.
Mr. Smith started for the west with
the intention Of going through on the
Great Northern to Spokane, but the con-
dition of the railroad on the Kalispell
division was such that the car did not go
west of Havre, where 1t was sent down
the Montana Central, 1t being the inten-
ton then to send 1t over the Northern
Pacific railroad to Spokane. Then it was
found that the Northern Pacific was In
no better shape than the Great Northern,
and he came on to Butte From here
he may return or not through Helena
before he goes to the mine. 1t is possible
that when Mr.. Smith completes his work
in Anaconda he will go out by way Of
Garrison to the main line, and be joined
by the owners Of the Helena and Frisco
there.
It is said that Mr.. Smith will probably
make an examination of the Tom Boy
Mines at Telluride, before proceeding
to the coast, where he will probably re-
main the greater part of the winter In
examining properties on the Mother Lode,
which it is reported the Exploration com
many will purchase If as rich as stated.