The daily morning journal and courier., 1903-10-27
TO END COPPER LITIGATION.
rWo DISTINCT OFFERS TO THE
 AMALGAMATED.

Heinze Proposes . Commission of Five,
 Two 10 be Selected by Each side and
 These Four to Select Fifth, Which
 shall Settle All Dispates. Ineludins
 Ownership, Their Decision 10 be
 Final and Bidding.
 Butte. Mont, Oct. 2s.-Frorn the steps of the county court house in this city F. Augustus Heinze this afternoon ad- dressed mass meeting of the miners of Butte. more than 15.OO0 persons being in attendance. As the representative of John MacGinnis, MT. Heinze in his speech made counter proposition to the offer of the Butte Miners union to purchase MT. MacGinnis' stock in the Boston and Montana and Parrott Min ing companies, and thus end the litiga- tion with the Amalgamated Copper company. After his address MT. Heinze had thousands of printed circulars dis tributed on the streets of the city. The circular, which.i is identical in substance with the oral proposition made by MT. Heinze at the mass meeting, is as fol- lows:
 John MacGinnis purchased the one hundred shares of stock in the Boston and Montana company In April or May, 1898, at the cost of S200 per share. The cost of the stock in the Parrott conn- pany owned by Messrs. MacGinnis and Lamm was about s35 share. John MaoGinnis was offered in 1899, and at several times subsequently, S100,000 for the one hundred shares of stock in the Boston and Montana company. I un- derstood the Butte Miners union to be willing now to pay as high as s50,0 900 for the Boston and Montana stock and $1o0 a share for the Parrott stock.
 q am authorized by Mir MacGinnis and MT. Lamm to state that they do not wish to make any money out of the sale of the stock, but. on the contrary, are willing to make sacrifice if sale thereof will result to the benefit of the miners, laborers and business people of Silver Bow county and the state of Montana, and am authorized by them to make the following offer, to wit: That John MacGinnis will sell the one hundred shares of stock in the Boston and Montana company for s200 a shore, or $20,000, with interest thereon from the date of purchase at the rate of per cent. per annum, and MacGinnis and Lannm will sell their shares of stock in the Parrott company for $35 share, with interest on the amount at the rate of 8 per cent, per annum from the date of the purchase of said sr5tKss provided the judgments and orders now in the case of Forester and MacGinnis against the Boston and Montana com pany and the costs of the various ae- tions with reference to this stock, and their rights as stockholders, shall for ever be settled; and provided, further. that the five undivided thirty -sixths of the Ripper lode claim owned by the Anaconda Copper Mining company, or the Arnalgamated Copper company, shall be sold and conveyed to me for the price paid therefor by the Anacor- da Copper Mining company at the time it purchased the same, and 8 per cent. interest thereon from the date the same was purchased; and the Anaconda Cop per Mining company and the Parrott Silver and Copper company shall give me deed of conveyance assuring title to all of the veins and ore bodies con- tained within the said Ripper lode claim, and that the whole controversy with reference to the Ripper lode claim shall forever be settled, so as to enable
 me to operate the Ripper property. This will put me in position to give employment shortly to something like over five hundred men provide further that the miners shall obtain an agree- ment from MT. Scallon and H. H. Rog- CTS that the Amalgamated mines will be kept for the present in continuous operation for the next year, and that the present rate of wages which pre- vails in the Butte mines and smelters shall be maintained for a period of at least three years.
 'As separate and distinct offer, and looking to settlement of the entire mining controversy, I hereby further agree to select two men, the Amalga- mated company to select two men and these four to select g fifth, which com mittee shall have the right to settle all disputes and the ownership of all con- troverted ore bodies, and declare the rights of the respective parties, which decision shall be final and binding
 T hereby bind myself to the prompt and immediate execution and carrying into effect of either or both of the above offers, if the same be accomplished.
 (Signed) sF. Augustus Heinze.
 Dated this 18th day of October, 19o3.'