Daily inter mountain. [volume] (Butte, Mont.) 1881-1901, 1900-11-21
THE MONTANA
SITUATION
AN EASTERN FINANCIAL JOUR-
NAL DISCUSSES THE PEND
| ING LITIGATION,
US. SUPREME COURT
t-e MAY BE APPEALED TO
If Judicial Persecution Is Carried on
~, IL Under Changed Political
= Conditions. =.

The report was circulated in the east
last saturday that a conference of
Amalgamated directors had been held
in New York during the week for the
purpose of adjusting the litigation now
pending in the Montana courts. OF this
meeting the Boston Financial News
says:
"1t is understood that the recent con-
ference of A~malgamated directors was
not held for the purpose of determining
how large a price would be paid to Mr..
Heinze for granting them the privileges
of continuing to operate the mines in
witch they represent a large interest,".
but rather to consider the details of
plans for the continued legal defense Of
their property rights under the changed
political conditions.
sore production in Montana is carried
on under United States mining laws.
and what a great many people AVE for
gotten. while the Importance of the
Clark-Heinze victory is being pictured.
is the fact that all lawsuits affecting
mining rights in the Butte camp may
be carried up to the United States SUI
preEne court for a inal decision. There
is good reason to believe that Anal
gamate interests will SO appeal all
cases in the future when they have
failed to get justice in the district and
state courts.
eff the Standard Oil people eve~ &C.
knowledged defeat and bought out .heir
enemies under pressure, no record of the
instance has been preserved. Their op.
erations have always been carried on
though changes in statutes have made
though change in statutes have made
necessary the reorganization Of their
company on perhaps two or three occa-
siotls, courts made for the purpose and
pledged legislatures have failed II drive
the Standard Oil company out Of bust
ness; and one evidence of its present
prosperity may be seen in the fact that
its stock is now selling above 7GO.
"A business man, who understands the
Montana situation very Well, says: If
the A~malgamated company buys Clark
and Heinze out and puts Mr.. Heinze
in charge OF its operations in Butte. my.
business instinct will prompt me to inn
mediately sell my stocks in the various
Butte companies. The purchase OF those
properties under present circumstances
would, Of course, mean the payment of
an abnormal price and the consequent
liJSAtl'Ii vi q "a IS VI " "dltl llllo
Amalgamated securities. The placing of
Mr.. Heinze in charge of the great mia
ing industries of Butte would convince
me that the directors of the Amalgam-
ated company had departed from Their
previous good business judgment n
We're no longer deserving of my conf
dence
THE United States supreme court will
undoubtedly be the refuge sought by
eastern interests in the event of judi
ciaf persecution in the Heinze courts. 1t
is believed that this plan of action was
determined upon prior to the election,
and in part explains the fact that the
A~n1algamated people made no effort to
buy the state. Contrary to the reports
from C~lark-HeinZe sources, it is reliably
stated hat the total contributions made
by Amalgamated interests to Montana
political funds aggregated only a few
thousand dollars"