The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-05-21
THEY TALK ABOUT COPPER
That Theme Proves to Be One OF
Interest to Many New Workers..
FLOWER HAD A BIG PULL
How His Death Bears on Current
Politics = Roosevelt's Course Is
Sure to Make Mckinley
Twice Glad.

SpeeiaI Correspondence of the Standard.
New York, May 15.-For week past
the new copper company, of which Mar
Gus Daily is president, has been the
topic of discussion in financial and in
dustrial centers. 1t has taken a week
for some of the interested to realize
that the company has been formed and
that Marcus Daily is at the head of It,
with his residence in Montana.
When l first read the report I was
convinced that the romancers of the
press had been at work on the dream
pipes.
No" said the reader who had been
thoroughly posted by the men who had
again removed Mr.. DAILY from Mon
tana, .'this cannot be true. DAILY has
sold out and will no longer be citi-
zen of Montana. He has abandoned
the field and gone to cover, He has
retreated from the scene of action and
gone into retirement. He has been de-
featel in the industrial and political
field and is about to vanish. AS the
Marcus DAILY of old he is no more.
Such was the information which we
had received from knowing sources.
To be sure, / placed small amount of
copper on the fringe of the statement.
l had heard the same report when in
Montana. In fact I once gave the ''ex-
elusive news to the public. Having
seen kind and industrious friends sell
his mines, make public transfers of
moneys to him and show him the road
that led out of the state, and having
seen him positively refuse to accept
the generous services of his self-ap-
pointed guardians, I wondered if again
the story would prove a fabrication
and DAILY would loom up stronger than
ever as a bona fide citizen of the state.
1t is hard to come to a sudden con-
clusion on this subject. The state
ments of those who had removed him
from the state were so positive, the
glances SO knowing, the mods of the
head and shrugs of the shoulders so
convincing that one is compelled to
pause and pinch himself and question
the reality of the real.
However, it appears to be certain
that Mr.. DAILY is president of the
Amalgamated Copper company.
Wow, what punch in the solar
piexus of the political wind-jammers'
One would suppose that those who had
SO repeatedly made themselves ridicu-
lous would at last learn caution and
await developments before placing
their double back-acting. self-kcking
removal machine in action.
DisoS ssion of the new company here
centers about two statements made by
Mr.. Daly-one regarding the agrees
sive development of Montanas re-
sources, and the other respecting
wages. Every good citizen appla uds
both statements. 1t is encouraging to
know that the strongest company In
the United States is to explore the
-
doubly gratifying to learn from the
man who stands at the head of that
company that the rights of labor are
to be respected All other attempts at
mining on large scale are in the shade
and Montana has man who stands
at the head of a Notwithstanding or
ganization.
Such is the verdict of those who have
passed judgment here, and in all prob
ability it agrees with the Judgment
of Montanans who are to be the i'm
mediate beneficiaries of the improved
conditions. No other state has received
such encouraging assurances as those
which go with the organization of the
new company in Montana. 1t means
more for the development of the states
resources and the Strengthening of It's
trade and industry than anything that
has transpired since the pick of the
prospector first struck the royal hills.
The death of Roswell P. Flower was
not only the sensation of the week
1t was the catastrophe. Never in the
history of the New York stock eX-
change had one man obtained so strons
hold on tile market. His word was
the law of the street. He manipula ted
X stocks with a magician's wand His
prophecies were looked upon with awe
or joy, as interest dictated, by the
spectators. He raised stocks which
had never paid a dividend, from the
slough of despond to so per cent above
par. Through his tips BARRIERS hote
porters and messenger boys reaped for
tunes. He was the prize bull of the
Il century, driving the bears in panic
from the street and giving to optimism
VIII a supremacy which it had never en-.
joyed.
sympathy is not one of the traits OF
the average stock gambler and it is
therefore, not surprising that James r
Keene took advantage of Flowers
death to win fortune. Keene had
been bear. 1t had been a struggle
between him and Flower for months
Id Flower had been winner. Suddenly
NJ without notice, death came to Keene's
assistance and the Flower stocks whlcI
he had been bearing fell with wild
disastrous swoop and Keene cleaned
up over million on that day. II,
made $35O,O00 during the first fiftee1
minutes of dealing on the morning fol
lowing the eXgovernor's DEATH and III,
lowest estimate placed upon his day
profits Is one million. Numerous other
won and many lost. Some who but ,
few days before were joyous and ex
pectant lost every dollar that they pos