Truth. [volume] (Salt Lake City, Utah) 1901-1908, 1906-10-27

sible railroad leading to these crests
from which, on the California side,
there is an almost sheer drop to DESC
late Death valley, was primarily re-
ceived with ridicule. 1t is unknown
no longer. 1t has been explored from
end to end 1t will have a railroad
and all the water it can use early in
the new year. In other words, and
without exaggeration, it has jumped
from obscurity to the biggest mining
potentiality on record, in less than
decade.
Copper mining is expensive. No
copper proposition was ever opened
up by anything except real money.
Only a fool would attempt wildcat
ting operations in this metal, and the
fool would have his trouble for his
pains. The firms and individuals who
have put their money and regulations
into the future of Greenwater proper
observation-disclosures and firms like Patsy
Clark, August Heinze, Charles M.
Schwab, the L. M. Sullivan Trust COM
pany, Senator Clark, of Montana, and
"Borax" Smith-are making this in
vestment because they are absolutely
certain of the investments value. To
overlook the Importance and the solid
foundation of Greenwater's claim upon
public attention is pure folly.
The total copper production of the
United States for 1905 was about AGO.
900 tons. Fully half of this tonnage
came from Butte, where much of the
best copper ore mined shows values
'of 4 per cent, upon which more than
500, 10000 has been paid in divi-
dends The Greenwater district has
twice the area of Butte. It's copper
showings run as high as 80 per cent
The supply of copper during the last
year fell far short Of the demand.
to be exact, while the increase in pro-
duction was only 6 per cent. the in
creased demand was figured at "a per
cent. 1t does not need a diagram to
show why the Greenwater investors
are confident Of stupendous profits.
/ That they have not gone into this en-
terprise as a flyer is evidenced by the
fact that they have not put their stock
on the market at penny prices, and
by the further fact that they have the
actual coin in their treasures for Sc
rious mining.
| If the layman does not understand
! why the demand for copper constant
ly increases, the demand may very
easily be explained. The chief use
of pure copper is for electric work.
1t is used in the construction of dyna-
mos and motors; great quantities are
rolled into wire for many purposes,
including submarine cables, long-dis-
lance telephone and transmission lines
for light and power service. The
kitchen pots and pans explain some
' of its consumption. It's use as an al
10y is astonishing. Red brass is 80
per cent. copper. Yellow brass is two
thirds copper. or the finest gold
jewelry nearly rs per cent is copper.
Every ship propeller contains more
copper than anything else. And cop
per makes up one-tenth of the weight
of every silver coin minted by the Uni
, ted States.
In 1894 copper sold for only cents
a pound. Now it brings % cents. The
copper district of Lake Superior yield
ed huge profits from veins and lodges
where the copper in the ore ran as
low as l per cent. The Butte divi-
dends were paid in great part from a
4 per cent. tonnage. With the uses
for copper increasing from day to day,
with the supply heretofore available
tagging farther and farther to the rear
ward of demand, the reason for the