Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-08
BUTTEs COPPER WAR.
Dove of Peace Now Hoycrs Over Mon
tana's Great Mining Camp.

1t must seem rather queer to Butte
citizens to breathe the air OF peace In
that famous copper camp. For years
Butte has been u hot bed OF strife, The
trouble started with the war between
w. A. Clark and Marcus DAILY, when
they once Warm friends. became bitter
enemies. In late years. the fight has
been carried on between the Amalga-
mated ana Heinze interests. Only those
who have lived in Montana can realize
how the ballot and even the courts
have been corrupted in the past But
the fight Is ended
A New York paper. the Commercial
has the following TO say concerning the
negotiations which have brought this
copper war to an end
Peace has been declared In the min
ing camp at Butte, Mont. Warfare
over the side lines and the establishing
Of apex rights Is finally AZ an end
Prosecution OF mining operations and
the advancement OF the interests of
this great camp are TO 40 on unham-
pered by any Internal strife. The out
putting of copper silver and gold Is TO
be the principle business from this day
forward.
The officials of The Amalgamated
Copper Co. and the United Copper Co
were inaccessible yesterday. Even
Daniel Guggenheim, whose name has
been most closely associated with tho
so"called peace plans. refused TO say
anything on the subject. From author
itative source II Is learned that Mr..
Guggenheim feels that Others must
talk first. Who is means by the 9th
ers' no one felt at liberty to explain.
II ~, however. definitely understood
among those who have followed these
peace negotiations through the several
months that they have been under way
that II any announcement OF the facts
ever II made, II will show that local
capitalists and ctbper men have taken
over a large part OF the stock of the
United Copper Co. There is'very little
reason to believe that merger or uni
son of interests ever has been contem-
plated. Indications are rather that a
friendly understanding will prevent flu
turc hostilities. In this manner pos
sble infringement of any rights of
stockholders viii be avoided,
I'm justification of this position. Il Is
pointed out I'm high financial circles
that the time not opportune for tine
projecting OF any great enterprise that
might cause disturbance. There Is
nothing i'm the monetary situation to-
day that gives reason for apprehension.
But whether that situation might MAIN
tain it's stability I'm the event of some
gigantic development IL question
which II Is believed these great inter-
ests do not care to face at this time.
Thus IT happens perhaps that details
are withheld, that no explanation was
forthcoming yesterday. for the Scent
| ingly well authenticated statement that
| there passed yesterday afternoon. be-
tween Interested parties. sum OF
| money reached into seven figures. i'm
compliance with the primal condition
| OF peace negotiations
Among the names which are TO figure
| prominently In future developments
| there Is every reason To believe that %
| Thomas +, Cole OF Duluth will stand
! well to the front Mr.. Cole has been
associated with the successful opera
| ton OF the Calumet Il Arizona and the
Bonanza Circle group OF mines at Bis
| bay, Ariz.. and the North Butte Mining
| Co az Butte. He has for several years
| been president OF the oliver Mining
| Co, known as the mining branch of the
| United States steel Corporation. and IL
director IN the Keewenaw Copper
| Co. Mr.. Cole has been IN the city for
| some time. and Is understood TO have
been In close touch with the pending
| Developments