Lewiston teller. [volume] (Lewiston, North Idaho) 1878-1900, 1900-06-22
LEWISTON AN
EMPIRES HARBOR

Lieutenant Governor Hutchinson of
Idaho was given a reception by the |
Portland Commercial club last Monday
evening followed by banquet by the
Mine Owners club. He was introduced
by Major Cake, president of the CONNER
cial club, who said Mr.. Hutchinson,
while a stranger to most, had the repu
tation of selling three million dollars
worth of stock without an appeal or
breath of suspicion against his honor.
Mr.. Hutchinson delivered an address
which was in part as follows:
Every mining boom is preceded by
an activity in stocks. San Francisco
secured her big start from the boom in
stocks of the mines in Nevada, and her
substantial interests there today are
enterprises started from the dividends of
the mines. Yesterday the students from
Palo Alto crossed bats with your Port
land boys-and yet Leland Stanford
University would have been impossible
were it not for the mines. San Francisco
prides herself, and justly, OH her Palace
hotel, and yet, if Jimmy Fair had not in
vested in mining stocks, the Palace
would never haye been built. There are
two great newspapers, and l understand
possible third to be at Chicago, owned
by Hearst, but the New York Journal
and San Francisco Examiner, to the
student, represent early hardships at the
Custer mine in Idaho, and the famous
Golden Chariot mines of the same state.
We read in them and other great dailies
news from all over the world-news by
cable and wire-and yet if Mackay had
not invested in stocks of the mines, the
Postal system would not be under the
with the Western Union.
"Think of San Francisco and what
made it. Think of her magnificent
street car system and who built it-oi
the wonderful Southern Pacific of Hunt
ington and his start; and when you do
the people of Portland will resolve to aid
and help the Oregon Mining Exchange
Take the copper stocks away from
Boston and you would have panic
Take DAILY, Clark, Heinz and othe1
miners from Montana and Arizona ant
you would have neither railroads no
smelters and less than 10000 people il
both places. Now one is a state and tn,
other begging to be a star on the flag o
freedom.
'Idaho is producing one-half the Leaf
of the world-Jim Wardner and his luck,
mule started the production. Take stock
and mines from Idaho and the livelies
towu in the adjoining state of Washing
-Spokane-would be a village. TIL
mining interests in the Republic minin
district are due to the sustaining broker
of Spokane. Take Salt Lake and &
back in history to the Bingham, Tint
and Park City discoveries and then trave
{ over her wide streets, and nearly ever
fine residence is the home OF a one.tinl
prospector.
''Coloradol Oh what memoriesl
remember when men were standing
line to buy stocks in Little Pittsbur,
! Chrysolite and Robert f. Lee. Ear
4 days in Leadville passed away, b
! Denver became The Beautiful becau
y Tabor and the product of I4eadville min
D gave it start. Mining is the opposite
y all other business. If you take 500, o
n from mine in year it is worth tn
q much less than year before, provid
& no new ore bodies are found, and
Y miners are bohemians. When they we
y through the carbonate deposits in Lea
ID Vile the camp dwindled TO 5000 peop
81 Old timers held on, and on, an undef
q able something holding them there. a
= last year the Home company sto
e jumped from &C to $25 because anotl
8} deposit had been found under the carbt
Ss ates, and Leadville has become <,