Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-03-05
CONTROL OF
MASS CONSOL.
ACCEPTABLE
Stockholders Take Little Inter-
est In Fight To Dust the
Present Management of the
Michigan Property.
Especial to Review

HOUGHTON, Mich, March 4.-The
fight for control of the Mass Consoli-
dated Mining company is looked upon
in the Lake district with little more
than half-hearted interest Lake
shareholders are quite generally turn.
ing their proxies in to the present
management They fail to see VIVA.
good the change is to get them. even il
there is some justice to their com
plants of extravaganza, which claims
are not proven by any means. On the
other hand the Mass is run about as
economically as any property ON the
Lake. The wonder has been that 1t
has managed to get along without as
sessments. Last year this was ex-
pected but the Mass sold its copper
for top notch figures and pulled
through without taxing the stockhold-
ers. This year it is claimed that they
will have TO call an assessment. Al
least that is the kick that comes out
OF the east. Superintendent James
Wilcox goes on record as assuring the
stockholders that none will be called,
not If he remains in charge And Cap
tain Jim Wilcox is a man of his word.
The complaints of extravaganza base
the charge on two counts One is the
$4,000 salary paid the president and
the other is the $4,000 salary paid to
the manager. President Lamb is a
Chicago man and is now i'll at his
home in that city. He takes more
terest in the Mass Consolidated and
gives it more attention than half of the
presidents of Lake milling corporations
who draw lot more salary. He
actually visits the mine quite frequent
ly and he keeps in close touch with
the happenings at the property. More
than that, he is a sensitive, level
headed business man who knows a
good many things about the copper
business and to his judgment of gen
eral conditions is credited the fact
that the Mass has always managed to
sell its product at good advantage
when other companies never averaged
anywhere near the mark secured by
by the Mass.
The salaries are not considered high
here in the Lake region In fact the
salary of the mine manager is low.
Five thousand dollars is not too much
compensation for q superintendent
with the years of practical training and
accurate experience that Captain VIII
a great many cheaper men than the
captain to be had in this district, but
few with greater ability. And in mine
management it is generally conceded
that cheap man will lose to the
shareholders many times the Saving
in salary Few men actually earn, by
real work, the large salaries they re-
ceiTe. 1t is generally supposed that
the general manager OF the Calumet
& Hecla receives anywhere from $780,
600 to 1000 in salary per year. And
the man on the job at present is
worth either or both to the sharehold-
ers OF the corporation. He Is worth
it because he makes many times thar
amount to the company and he re-
ceiYes it, not 30 much for what he
does as for what he knows. The ar
gument that $1,000 is too much for a
man Ike Captain Wilcox is consider
ed too penuiouS to come from Boston
AS to the president, If he isn't worth
his salary to the Shareholders he isn't
worth anything. Getting down to brass
lacks on the mining costs in the Mass
Consolidated. They are operating
twelve drills and these dozen ma
chimes are furnishing Is cars of AZ
tons each per day to the stamp mill
That is record that is worth consid
ering. 1t is true that the company
has found the Butler lode more diff
cult picking than the Evergreen lode
was. The Evergreen was good for rs
tons of mass work every month, but
the Butler does not carry so mucn Of
this easily handed high grade ma
terial. However there were difficult
ties connected with the property
rights OF the Evergreen on the Ogima
tract of the Mass and these have not
as yet been Strengthened up, so that
the Mass has not been able to work
this lode since 1903.
In spite of the fact that some of the
operations in Keewenaw county have
suspended there is no denying the fact
that the copper showing in the Me
dora shaft of the Keweenaw Copper
Company is a wonder. Lake people
who are naturally more than skeptical
about the Keweenaw's future Ga skelr
ticism founded upon the failures OF
the past) and always are willing to
take any information that comes from
Keweenaw with several grains Of
salt they invariably become enthu
siastic over tie future of the Kewee
nav copper company when they visit
the mine. That fixes them all and Is
in reality the only fair key to the prop
erty. Local men who go to scon re
turn to praise. The showing in the
east and west openings Of the Me
dora shaft at the greatest depth. are
the very best so far found. They
have twelve drifts now well opened
up. Tae copper drifts are in over zoo
feet in some levels and the eleventh
the drifts are in about rs feet on
either side. They have twelve drilling
machines at work and they are work
ing. too. as results show. More ma
chimes viii be added next month. The
Medora shaft is fooling the worst
knockers in the district and the old
Keweenaw county miners WAC have
taken a look here and there, at the
mile or more of openings IN good
stoDfng ground, are convinced that
the stamp mill showing will result IN
a complete disillusionment Of the OH
raneafed assertion that no good cop
mar mines could be found so far north
IN Keweenaw county. The stock pile
{s increasing rapidly from the nine
AbTneek is eventually to become one
~ the strongest producers on the
Kearsarge lode. Inside ot three years
AZ l. 81