The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-08-22
MISSION WAS A SUCCESS
Operations on the Hope Mine to
Be Resumed.
A NEW DEAL PUT THROUGH
100000 Raised and Machinery for the
New Concentrator Will Soon Be
on the Way to Montana-Mr.
Haldorn's Experience.

Attorney George Haldorn is back
where he went on business In connec-
ton with the reop sning IF the Hope
mine. Mr.. Haldorn states that his mis-
sion was successful and that operations
at the Hope will be resumed IN the i'm
mediate future. The deal for raising
100000 to renew operations on the
property was closed n few days be-
fore Mr.. Haldorn left the East, and the
machinery for a new 500-ton concen-
traitor vas ordered and will be on he
way to Montana in a short time. In
the meantime, preparations for its re-
ception will be mad. Work will start
next week and the mine will be pumped
out and the machinery of the old con-
centrator will be removed and the
building repaired and put in readiness
Tor the new machinery. The new plant
will be an exact duplicate Of the Katie
plant, adjoining the Hope, with the sx-
ception of the snlelter, which is MT re-
CURED for the Hope. Mr.. Halicrn is
confident the pro perry which was such
a sensational producer before The dis
astrous fire of a few years ago, will b.
back on its old footing before another
year. The new plant is to be in ope-
ration Jan. !.
Mr.. Haldorn had something Of an .x-
perlence in securing the capital he
went East to raise. They simply
would not put up money while the war
lasted" said he. but as soon as II was
over there was no trouble about rails
Ing any amount of money. One man
/ talked with gives a fair Illustration
of how all capitalists felt. He was a
man nrhn fRaf, lit --a1 - ---s
ton, n would expect to have more
sense, but you could not talk invest
ment to him. i finally got a hearing
with him, and after stating my propo-
sition he said he did not think he cared
TO invest. on account of the war. ]
asked what possible difference the war
could make with an investment in
land as far as the Rocky mountains, and
he said the uncertainty of war rendered
any investment unsafe. / told him II
it was on the Atlantic coast / could
agree with him, but that If all the ma
tions of the earth were to land on our
sea coast, they would never fight their
way to the Rocky mountains, but / could
not make him see II hat way, md he
was ike all the rest. We raised the
money in short order as soon ne the
war was over"
Speaking of matters in the East In
general, Mr.. Haldorn aid They are
looking Tor an immense boom in the
East, now that the war is over. They
expect TO see a great deal Of money
put into circulation by the building of
a large number Of warships and work
on coast defenses. but what they rely
on most TO fulfill their expectations OF
good times IS the opening up OF Cuba
and the new territory acquired in the
West Indies. Already companies are
being organized every day to operate
in Cuba and Porto Rice. Companies
to build railroads, to establish light and
street car plants in cities. etc.-in fact,
companies are being formed to engage
in almost everything ordinarily pro-
NOTED by corporations, and in which
those countries have been deficient.
The East undoubtedly expects big re-
turns from the late war. was in New
York a couple of weeks ago when the
steamer Philadelphia left for Santiago.
Her passenger list was almost entirely
made up of business men going to Cuba
To look for openings"
With reference to politics Mr.. Hal
dorm say the East considers that the
war has settled the silver question and
that the coming campaign will be
made on national policies to the exclu-
sion Of the silver question. He thinks
the rank and file of the republican par
~ favors% retaining the Philippines and
thinks this will be one of h issues.