Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1900-11-16
DAILY, THE COPPER KING.
Death Of the Man Who Had Accumu-
lated Many Millions In 90 Years.

He Developed the Famous Anaconda
Mine In Montana---the Clark.Daly
Feud which Attracted the Attention
Of the whole Country.
In the death of Marcus DAILY, one of the
copper kings of Montana, from Bright's
disease at the Hotel Netherlands, New
York city, Monday, a career ended which
in the Retrospective reads as Economically
az the story of Monte Cristo. Mr.. DAILY
was born in 1912, but whether in Ireland
or New York is not known. At the age Of
10 he was a waif on the California coast.
He grew up surrounded by gold and silver
and soon developed a wonderful ability as
an expert miner. He was 10 Nevada
when the Comstock lode was discovered
and was foreman in that famous mine.
He served the Walker Brothers as a min
ing expert and was sent by them from
Utah to Montana 23 years ago to examine
the Alice mine. By clever ruse in which
he pretended to be poor miner in search
Of work, he was enabled to test the value
Of the mine and secure its purchase far be.
low its real value. He was made manager
of the mine and soon began investing in a
number Of mines on his own account
He bought the Anaconda mine for $780,
600. 1t was begun as a silver mine, but
after running down 100 feet, the lead de-
veloped into one of the biggest copper
veins on record. He took hold Of the An
aconda copper properties and developed
them to such an extent that his interests
alone have amounted to S2O, 100000 in the
past 20 years. The Anaconda company
with its mines at Butte, its smelters at An
aconda, its sawmills in the western part of
81 s,, h.. - ,,,1
northern portions gives work TO over 10,-
600 people.
The origin of the DAILY Clark feud which
became the talk of the continent when Mr..
CLARK was compelled to resign from the
United States Senate to prevent expulsion
is not definitely known. Fifteen years ago
DAILY and Clark we're friends and manipu-
lated politics and mineral affairs together.
DAILY founded the town of Anaconda and
established the great mills there while
Clark's interests we're concentrated at
Butte. The Anaconda company have a
valuable water right, but its possession cost
DAILY $50, 600 more than he expected to
pay, through the part played by Clark.
Two young men who had preempted wa
ter right in the mountains offered to sell
their interest to DAILY for $4,000. He
refused to pay this sum, and deprived
them of work, thinking to compel them TO
come to his terms. The enmity between
Daily and Clark had existed for some time
and when the value of the water right was
brought TO Clark's attsntion, he saw an OPP
portunity for tantalizing his old enemy.
He bought the water right for $25, 900 aud
then compelled DAILY to pay 500, 600 in or
der to have full control at Anaconda.
When Clark ran for Congress in 1899, he
was defeated owing TO Days influence,
and twice previous to 1893 DAILY thwsrted
Clark's ambition to enter the United States
Senate. The state capital fight is one of
the strange episodes of Montana history, in
which Daily and Clark were the conspicu.
Gus figures, DAILY championing Anaconda
and Clark booming Helena, which finally
won out. DAILY was in New York negotiat.
ing with the Standard Oil magnates for the
formation of a great copper combine when
Clark outmaneuvred his opponent, and by
a trade with the Republicans secured the
senatorship in 1898. The result, however,
was DISASTROUS to his own reputation.
At the opening of this year DAILY sold
his Anaconda interests to the Rockefeller
syndicate for many millions Of dollars. So
powerful was he that the Rockefellers de-
manded pledge that he should not engage
in mining in Montana.
DAILY was powerful man, six feet tall,
weighing 235 pounds, and with the muscles
of an athlete. He was of a mercurial
Irish temperament, genial to friends, vim
dictive to an enemy, quick of speech and
given to lusty words on occasion. His
great pleasure was in horses, and he own
ed in the Bitter Root valley in Montana
one of the finest stud farms in the country.
His holdings in thoroughbreds represent
more than a million dollars, including sew
eral running horses valued at from $40, 900
to $50, 900 each.