The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1908-04-24

Also n.. a few 49,. : s.y to
Steck-.aotaecs Z - IN Csppee
Propoeiliea.

steck-,,o,aer. i u fsv Cspperz
Pr.pos'ssa.
The following from the 81 Paso,
Texas, Herald. 10 evidence that NJ.
L. Fay continuessto5take al abiding
interest in the goternment and
welfare Of any com ranuity In which
he may reside, and will also be
pleasing to the many holders OF
Fay-Cananea stock a this city:
"This water agitation has been
unfortunate and certainly.a ! great
drawback to the city," said n. l..
Fay, a Duluth capitalists and presi:
dent of the Fay-Cananea Copper
company, who, after a six-weeks'
sojourn here with Ars. Fay and
their little grandson, leaves TO-
night on the homeward trip. From
here they go to Albuquerque;
thence to Denver and from there to
Duluth, expecting 70 reach nome
June l. s.
He continued:
"This denunciation of the water
supply goes forth tothe world and
| makes people outside fear to come
here. I do not see anybody dying
from the water, but the agitation
is bad; it hurts the city outside, re-
gardless OF whether there is any
truth in the charges or not.
II like kl Paso, az we have en-.
ijoyed Ell Paso's climate, aud have
remained here because it is handy
in getting to and from our mining
properties in Mexico"
Asked if he would spend the win
ter here every year, and invest in III
Paso property, Mr.. Fay remarked
that possibly either himself or son,
George N. Fay, secretary of the
company, would spend the winters
in Kl Paso, although it had not
been decided.
George NJ. Fay and wife and Mrs.
Schulze, daughter of N. L. Fay,
were also here recently.
Our company was organized
about year ago, and since then
we haye been developing and have
shown up considerable mineral.
This we commenced shipping lead
and silver ore to the 81 Paso smeit.
er. l consider that as doing very
we'll, to be shipping ore year after
organizing.
ave also have plenty of copper,
but don't intend to aluff it off on
this market. We will not work cop.
per under Is centa. ss Another thing,
we don't owe a dollar and we are
not going to.
"The market ia recovering to
some extent. but look for the de-
preston to continue at least It
months. Politicians give it ou,
that money is scarce, which is true
because those who have got it are
not investing, and the Democrats
are laying it on the Republican
administra ton, the same as the Re
publicans blamed the Democrats
in 1893 and 1894. l have been a life
long Democrat, and never voted bu>
! for Democratic nominee for presi
dent.
"The country. however, ,s in much
better condition to stand for it fO1
two or three years than it was then
They tell you that business vii
pick up after the national conven
tions, when it will be known wht
. the candidates for election are
After the conventions they viii
will then say they will hold off be
fore investing until after the elec
tion, until they know which of th'
two men is elected. Then after tn
: election, they will hold OF unit
, after they see whit the new presi
dent is going to do. That is tn
way they have done heretofore il
financial depressions, and that il
Why account for the ls-months
continued Depression
i Want tho Raioy Lake Road.