Evening journal., 1903-10-24
COPPER COMPANY
PLANTS ARE IDLE
All the Amalgamated Opera
tions in Montana Have
Shut Down
OVER 10000 MEN MADE IDLE

Butte, Mont. Oct. 2z-By the general
shut down by the Amslgamated Cop
per company's properties from 1900
to $4,000 men are directly thrown out
OF employment and others will be in
directly affected within a week, so that
the grand total will be over 10000
The Great Northern will lay of q large
portion of the freight crews heretofore
hauling ore from Butte to the Boston
and Montana smelter at Great Fails.
The Butte. Anaconda and Pacific rail-
way viii lay on freight crews between
Butte and Anaconda. In addition to
these, humorous other enterprises,
large and small, which relied upon the
Amalgamnted as their chief customer
viii be Obliged to curtail. In Montana
alone approximately s1.000,OOO week
is cut off the pay rolls. Butte streets
are filled with $500 miners thrown out.
This action is the result of the handing
down of decisions by District Judge
Clancy, awarding the Minnie Healy
mine, one Of the richest properties In
Butte, and vAiued at s10,0OO.OOO, to f.
Augustus Heinze. and then granting
an injunction against the Boston and
Montana company, the principal prop
erty Of the Amalgamated Copper com
pany in Montana.
Representative of the Amalgamated
company declare that by the decision
rendered by Judge Clancy the Anal
gamated company is practically wiped
out of existence and cannot do busi-
ness in Montana. The decision, they
say. in effect brands the Amalgamated
as an outlaw It's stockholders are pre-
vented from receiving dividends, they
say. although $4,000 900 is tied uI
awaiting distribution to the stockhold-
ers. The Amalgamated people claim
they are barred from conducting theil
business. and have ordered the suspen.
sion of all operations in Montana.
How long the shut down will con-
tinue is a matter of doubt. 1t may
take nine OF 10 months before the com
pany can get a hearing before the SUI
preme court.
F. Augustus Heinze, of the Montana
Ore Purchasing company. has publish
ed statement giving his side of tho
shut down. He said it was a move or
the part of the Wall street spectators
(among them II. n. Rogers, president
Of the Amalgamated Copper company
TO control stock manipulation, and was
not directly caused by the injunction
issued by Judge Clancy. He also sait
that Judge Claney's decision was il
line with the Northern Securities de-
cision.
President William Scallon, of thl
Anaconda Copper company, made {
statement in answer to Mr.. Heinze
He says: "To lawyers alike who hap
pen to be acquainted with the Northern
Securities case. to which Mr.. Heinz
refers, his assertion that the provision
of Judge Clancy's decision are yer
nearly Identical with the order issue
In the circuit court of appeals in tn
merger case. indicates either gross ie
norance on Mr.. Heinze's part or a de
sire to pervert the facts. In the North
orn Securities case the order directe
the re-transfer Of the stock to it
original owners and recognized tn
property rights Of the Northern Sc
curities company. Judge Clancy's de
cision, on the contrary, so far as
goes, declares that the adverse part
has no rights whatever. prohibits an
transfers and simply proposes to wip
out the rights"
Continuing. Mr.. Scallon said tha
there was no trutk in the statemen
that Mr.. Rogers, president Of the Anal
gamated company. ordered the shu
down to affect the stock market.