The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-04-11

as a representative of Walker Bros. of
Salt Lake, and he took a fancy to the
Anaconda, big quartz silver pros
pect, and he bought it for $4,000 or
$4,000. That purchase led to great
things. He soon found he had a cop
per, and not silver mine, and he had
to finance the development of the mine
and the building of shelters for the
treatment and reduction of the ore.
Nay more, he had to wait until rail-
roads would come to take the copper
to markets. During that period Of
waiting and development, of immense
expenditure and purchase. DAILY showed
all the qualities Of a great general and
great tinancier But at last, the rail-
roads came. Jay Gould. with that Won
derful instinct of his for traffic, built
the Utah & Northern to the Butte cop
per mines. and then the Northern Pa
cific and the Great Northern hove in
sight Later on the railroads We're act
ing imperiously with DAILY in handling
his ores, and he built the Butte & An
aconda line to show his power and in
dependence.
Another Butte man is fast climbing
to proud pre-eminence in the CONNER
cial and financial world. +. A. Heinze
came to Butte eight years ago, a youth
of %; after graduating in Cornell he
studied in the best scientific schools of
Germany and until he had become In
tellectually an athlete and a giant.
Talk to him on any subject scientific,
literary, artistic, dramatic or historic,
and you find new light from his con-
versation and discourse. You felt even
then that there was great career be-
fore this young American, but none but
himself saw the opportunity for him in
Butte. Heinze thought he saw an
opening. and he went back to New York
and raised enough money to build a
modest smelter and formed a company
called the Montana Ore Purchasing
company. Heinze's star has been in
the ascendant for seven years, and at
so he is rich and powerful. I have seen
this youth bend legislatures to his will;
l have known him to win over the cabi-
net of the Canadian dominion; l have
seen him enter into a contest with the
great Canadian Pacific railroad with as
much complacency as a trained ath-
lete enters the ring; and now he is en-
gagged in contest where on one side
he stands alone, and on the other are
the great capitalists of New York and
Boston. Almost any other man would
stand back appalled, at such a contest.
but he stands erect and cheerful like a
gladiator at bay, for you know, he said
to me only yesterday, with a shake of
his handsome Napoleonic head, how
dearly l love a we'll contested, gallant
fight
The Anaconda company has grown
till it easily ranks among the greatest
business enterprises in the world. 1t
owns and operates gold, copper. silver
and coal mines. It runs electric light
plants, water works and railroads; it
has it's own coke ovens, its own lumber
mills, its own timber lands. its own
shelters and refineries. You can go
into its department stores in Butte, in
Anaconda and at Hamilton and be sup
piled with anything you need as easily
as in Chicago. II builds fine apartment
houses and hotels for its employees and
for tourists, and it operates them econ
Omically. 1t controls the copper mar
kets of Europe and America-it is a
vast and gigantic concern, and 1t is SO
because it takes $20.000,00O a year out of
Montana's mountains and distributes
that stream of wealth among the toll
ers, the trades, the railroads, the man.
ufacturers and its security holders
throughout the world. Daily and his as
sOciates have been enriched beyond the
widest dreams by the wealth of the
Anaconda mines and by his own great
executive genius He is, indeed. the
architect of his own great fortune, for