The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1903-11-20
AMALGAMATED COPPER

ANAL jAMA III GUPPEk
production by its extraordinary action following Montana court ec
sion adverse to Its claims The census OF 1900 gives to that tate
population OF less than 100000 OF working
be many than $1,000 while the closing the mines OF the Anal
gamated company throws OF work reported
Directly and indirectly the action of the company therefore suddenly
and without notice deprive employment than onethrd
the entire active working force of whole state 1t doubtful if ever
before situation like this precptated American
wealth has already thrown Montana ement and the shut
down prolonged threatened be- the consequences the
political and judicial ordering of that must be great.
In the litigation which the Anagamaed company took with
its purchase most OF the stock OF the Boston and Montana
the right easily located There nothing the character OF
either party the controversy indicate and such the boodezed
condition the whole state through the wars millionaire forces Tor
the control of the mineral wealth hand that the courts of
justice have been unable to lift themselves above the general amos
Phere presumed coupuon one thg alone clear and TINS Is
that entering the of Montana with their scheme ALIEN
bacng monopoly the conductors of the Amagamated have
flor met with forces which appear to be maeu in aggand
zng methods they themselves and there call for sympathy
with them those who have conhded investments their charge
do not know upon what ground it is based.
The engineers OF this great enterprise identified with the
Standard Oil Company whose policy OF and hghanded
gresson for monopoly ends is less familiar Their business
character known the time embag in the enterprise
of the whole world 1t could said OF them that they sailed under
false coo AS to the general of the proclaimed
in the the ship the color OF the flag and the OF the
the oa%c understood that thew were to KEEP still trust impicv to
the commanding officers and share the fortunes OF the cruise And
Of Sz5 100000 Of Aalgame stock is said to have brought out sub
scpons for $oooooooo That $780, when the
with the OF the Anaconda several smaller copper
properties and Analgamated stock was quoted as high
the subscribers having got it at par years
increase stock $55oooOoo with the purchase OF the
the Boston Montana and Butte and Boston
of Amagamad stock with dividends
Thousands people hold these shares generally obtained in the vn
Iity Of 500 share.
SO the rak conducted with the proceed
ed admirably Copper about five above
the normal held there for months making profitable market
for production which, United States, Anagamated
company controlled about The result the in
all previous the arbitrary control Of this market New
highly stimulated consumption restricted and there
great fall the of the old French syndicate The
Amagamated dividend fell cent then and finally to p its
stock has gone down the market from srinkage
valuation OF SI45OOOOo total Of
nobody board this outside the cabin for the life of
him condition of the ship thus
represented be If the Oppage OF production Montana
continues long the OF the enterprise though
possible compensation derived from the ability Of the
market stock OF nsod said reach the
total of 100000 pounds little better price than has recently
prevailed.
experience with Standard Oil methods Of
BUSINESS, hope will be lost the 1t has been
enough prove astngy effective We nothing about
enterprise The policy has
enough condemn it, There ought be in the
great corporate undertaking. closely related to the
seeking the support the scattered
capital of thousands OF citizens which insists yelling its affairs
conducting the OF the the
pateer should the light OF da} and time the
law will make this compulsory Springfield Republican.