The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-09-25

Total ............. 81, 600, 600, 600 |
One thousand million dollars! That is
no imaginative statement. It is the true
record Of what Montana has done and is |
doing, and presages what it will do in
civilization.
The AmaIgamated.
It would be hardly fair, perhaps, for
western pioneers to claim all the credit
for the above remarkable showing. Brave,
enterprising, indefatigable as are the men
takings they would have been powerless to
accomplish except with the aid of east
ern capital and eastern capitalists. The
latter have come nobly to the front in the
grand work of wrestling from nature her
secrets and her riches and in giving en-
ployment to labor and making it indie
pendent in the west, for after all, nothing
is palmer than the necessity for confidence
and cooperation between capital and la
Dor, nothing is more pleasing to a true
American than the spectacle of each help
ing the other. The pioneers deserve all
the credit for the work of early days, but
credit for later achievements may be fairly
divided between the men of muscle and
courage in the west and those of means
and enterprise in the east A conspicu-
Gus example Of this may be seen
in the operations Of the Anal
gamated company. which now controls
two thirds of#the copper mining business
in Montana and all its ramifications. At
a time when the conditions of the copper
of primitive, processes and the adoption
of a plan which no memoir ordinary means
could hope to execute, the famous prop
critics of the Anaconda, Butte & Boston
and Boston & Montana companies and
MANY otherssWere taken over at very lib
eral figures Sby. the Analgamated people.
Since the change occurred
* A Wonderful Impetus
has. been given to- Montana's growth,
while Butte experienced, and is still ex-
periencing, an era Of expansion and con-
hdence which never existed before. The
new company beganSwork on an enlarged
scale, opened the1nines with the most
powerful machinery that money would
buy, and constructed the greatest smelter
in the world at Anaconda at a, cost Of
sc, 900, OOO, without calling on "a stock
holder. It is a smelter so constructed that
| in economy of operation, perfection of de-
tail and adaptability to low-grade ores
1t is without an equal or rival in the
world. This great company coming into
Montana at an opportune time and laying
plans for the future as well as the pres
ent, has so established it's mining, ccncen
trating, numbering, coal mining and other
business departments that the entire
state has partaken of it's confidence and
shares in the prosperity it has spread
, around.
PayroIIs of SIS, 100000
It's payrolls are said to amount to nearly
| s15,000,000 per annum and the markets
created by it's vast army of employees are
such that farmers, cattlemen, railroad
employees, as well as business and profess
sional men all over Montana participate,
as do the miners and smeltermen, in the
benefits of the company's disburseme nts.
| Other great mining institutions of the
state are in proportion to their payrolls,
distributing among the people the bless
ings of prosperity, and the latter are
naturally inclined to appropriate and rec
iprocate the benefits they receive East
| ern capital has not only opened the mines
and constructed the smelters of the state,
but it is building wooden factories, put
ting in water plants, organizing electric
power companies and doing many other
things to cheaper necessities and luxuries
and make life ION the frontier as pleas
ant as in the east. All these new con-
Germs, like the mining companies which
preceded them, are In Montana Tor busl-
ness. All they ask is protection for their
rights. It is natural, therefore, that good
feeling prevails and that the state is MAX
ing giant strides in the pathway of prog
reSs. z
Il Sheep and Cattle.
But let not the pastoral interest b.
forgotten. Twenty-Five years ago a soil
tary herd of sheep was brought into Mon
tana To-day the number of sheep in thu
state is 100000, and the revenue from
wool alone amounts this year to $4,000,
900. In the number Of its sheep, Mon
tana stands at the head Of the list il
the states Of the union. Its cattle, which
number, ], 100000, are celebrated for tn
quality Of beef they produce as well as TO
their weight. The annual cattle ship
ments are 100000 head.
e The various industries of Montana will
this year contribute, according to care
full estimate. s75,ooo,ooo to the wealth 0
the state.