Daily inter mountain. [volume] (Butte, Mont.) 1881-1901, 1899-05-31

ton q MOnlaHd anu III DuNNo
will go into the second section OF the
trust. but United States Senator w. A.
Clark and F. August Heinze cannot pc
induced by any consideration to enter the
copper company. Clark's holdings IN the
way of copper properties IN Butte are
mense Arizona properties which yield
him q fabulous income, he could ana I'M
doubtedly will block the plans Of any
trust whenever he feels so disposed.
Clark is a man who succeeds in what
ever he attempts, sooner or later. He
sometimes has to play a waiting game
but he always gets there.
"Overtures were made to Heinze also,
but he valued his Butte properties at
$50, 600, 900, which probably cost about
$3.50, 900. He was offered $4,000. 900 n
spurned the offer. BY having Heinze in
litigation between the Montana Ore Pur-
chasing mpa Greatly F. August
Heinze) and the Boston & Montana could
be quickly disposed of. Damage suits
a~ggregating many millions of ollar for
alleged trespass and unlawful extraction
of ore from some n or other of the
mines are now pending in the courts. and
it may be years before they are settled.
But Heinze is one of the shrewdest OPP
orators in the west. He refused to enter
the copper combination because he failed
to get what he wanted. He was after
= ollu ullIIIlSlthuUIy IL SUl IL. ~
would nave accepted the sum offered
had he been assured that he would be
placed in charge of the amalgamated
properties. the position Marcus DAILY now
holds. That would have given him the
opportunity he wanted to get even with
the Boston & Montana.
1.-THE story of the litigation between
the two companies is a most interesting
one. HeinZe was working a mine adjoin-
ing one of the Boston & Montana proper
ties. The latter company suspected that
much, very much, of the rich ore from
Heinze's property came from their
ground but they were unable to get any
substantial proof of the fact. In order
to do so they acquired maps of all the
underground workings of the Heinze
properties. The rest was easy and law
suit followed law suit, until the calendars
OF both he district and United States
court We're burdened with them.
"Now it is said that Heinze is scheming
to be elected to the United States senate
from Montana, to succeed the o r. H.
Carter. To accomplish this Mr.. Heinze
proposes to become a bona fide resident
OF Helena. The Helena, people have
offered him a bonus to remove his smell
ter to that city, and Heinze is carefully
considering the proposition. He is a
shreWd politician n a fighter from
away back. He will make no move with
out he sees beyond a doubt the material
"AAA ny W lllllls L & oolIdlIy lie
is a clever fellow and well liked in Butte,
having a large following.
'But to return to the cOppertrust, which
is the all-absorbing topic of conversa-
ton. not only in Butte but throughout
the world. In one way it will benefit
Butte beyond the question Of a doubt.
Development work on its copper mines
will be carried IN on a scale of great
magnitude. Shafts will be sunk to a
depth of 4.VO feet, diamond drills will
pierce every foot of ground in the dis
trict in the close search for new ore
bodies. This will max Butte, for a
time at least, about the liveliest city in
the country. She has always been
known as 1.-The greatest mining camp in
the world" Now she will double dis
count her previous standing. Already
the tide of travel is setting in, and men
are coming in from all parts of the
United States. Inquiries are received
from England. 1t is better to make
haste slowly, for nothing is really as
sured yet. 1t is supposition for the most
part. When there is a demand for men
the outside world will know it. Now
there is a man for every job.
"There is believed to be sufficient ore
in the mines Of Butte to insure a contin-
uous output for SO years at least. But
each year it is becoming lower grade.
Butte is essentially a copper camp now.
It's great silver mines are practically un-
worked. If ever silver should reach par
again, the average imagination can not
predict what Butte would become. On
silver alone she made her reputation as
the wealthiest camp on record. and with
copper interests added, there is no tell
ing where she would stop. In 20 years of
life as a copper camp Butte has pro-
duced 5000, 900, 900 worth of copper alone.
and her copper properties at the present
stock quotations represent an aggregate
capital of $217, 900, 900. And it nearly all
came out of a very small belt, not more
than a mile long and a few hundred feet