Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16

100 lawsuits are now pending between
the various companies combined In the
Amaigamated company aud the Varl-
GUS companies controlled by Mr..
Heinze. These suits involve about
$50 100000 The cost Of this litigation
to both parties In legal fees, witnesses.
experts Investigations and expenses
OF various kinds during the years OF
the copper war. has been tremendous.
Settlement on almost any terms would
seem to have been the wiser course
long ago for either party from imam
cial point OF view, rather than con-
tinuatlon OF the untold losses entailed
In the continuance OF the fight
THE greatest copper camp can now
devote Its FIJI energies TO the business
Of making copper, opening new copper
mines, forming new companies, devel-
oping new properties. Some OF the
richest ore properties In the camp that
have been In DISPUTE for number OF
years will now be opened up. The
future promises much, more for the
miner and less for the lawyer, more
for development, less for litigation.
Times may be duh for expert witnesses
and politicians. but almost every leglt-
innate industry should expect a pros
porous era. Shutdowns by in1unc-
tons will be eliminated from the
greater Butte which Is 10 be-
Butte Miner--"The one thing made
certain--and It Is more important than
all other things combined--is that the
copper war is ended. There Will be a
cessation OF law suits over hill prop
critics. Mines long idle by reason OF
court proceedings and litigation over
titles viii be opened up, and unex-
plored ground will now be available
for development.
This augurs peace with growth for
Butte, prosperity With no lowering
cloud, an uninterrupted era of expan-
sion and business stability. There are
consummaiions long wished.
Until the full effect Of the transact
ton is learned there will be an in
finite deal of guessing and Specializing
as to the results to follow. II is. OF
course, the most important event In
the recent history of Butte, and con-
sequently Of the state. The Miner is
not an aarrnist. 1t can find no reason
for the ominous forebodings of some,
but many reasons for the hopeful OPP
timsm of the majority. II believes
that Butte is at the dawn of better
era than II has heretofore known
Butte Evening News (Heinze's pa
perl Naturally Butte and Montana are
Intensely concerned in the interest Mr..
Henze has In the new Cole company
formed from the subsidiary companies
of the United Copper company and 9TH
err Cole interests in Butte
Today the News publishes a state
nient from It's New York correspondent
which leaves no doubt as to this ques-
ton. The Anaconda Standard this
la ID
Heinze retains no interest In the new
company. The Standard Is wrong.
The Anaconda newspaper is either mis-
| representing IN facts or doesn't know
what Il is talking about.
AS the News correspondent tells, the
United Copper company retains an in
terest in the new companies and the
News speaks with authority when II
says that the Helnzes will still remain
one Of the large producers OF copper
and that f. A. Heinze will continue to
be an active factor in the destiny OF his
own city and state,
The business interests may rest as
sured no matter what information
newspapers or others may spread to
| the contrary. that the new arrangement
| does not eliminate Hein2e from this
| field of operations.
| Tho full nature OF the new organiza-
| ton will not I've given TO the public un-
| II, those who are most concerned are
| ready; but It may be accepted as an
| actual fact that Mr.. Heinze's interests
arc part and parcel OF the new Cole
! company.
| The change can mean nothing but
| the utmost benefit to Butte. The war
| fare--the only thing that stood between
Butte and absolute prosperity-.has