Arizona republican., 1909-09-26
BUTTE OF ARIZONA THE CITY OF GLOBE
A Resident Speaks of the Prosperou,
 Conditions There.

! Tt will be the Butte of Arizona. only it will be bigger than the Butte of Montana" The speaker was Col. c. A. Whitcher an attorney of Globe and he was speaking of Globe He pro- ceeded then to describe the promising conditions which exist there and grow more promising every day. There is lamentable lack of railway facilities but. Col Whitcher is confident that that defect will soon be remedied. The The line from Bowie to Globe has be- come. entirely inadequate to the needs of the city and the surrounding mining camps. For instance the Miami Cop per company which is erecting a 2,0OO ton concentrator and putting in other machinery is handicapped by the in ability of the railroad company to de- liver material. There are now 1900 cars of machinery and other material for the copper company alone, stand ing on side tracks along the road Sew eral hundred of the cars are at Bowie or points near that junction.
 ! Speaking of the Miami, Col. Whitcher said that few people have any con- ception of the wealth of that property and the progress which has been made toward its development. It is known that it contains 10.000,000 tons of cop per ore. much of it low grade but some of it high grade. The Miami is only one of many great properties surround ing Globe so near, that they are apart of the camp There are the Inspiration, the Warrior and many others all of which are destined to be great mines. There is confidence among min ing men and those familiar with metal markets that there is going to be a sharp advance in the price of cop per They have been waiting for the true sign and it is now in. Advances which have been made from time to [ time fin the market have never aroused any great degree of enthusiasm among the experts at Globe; they were aware f that there was nothing behind such , advances except speculation. They knew there could be no advance worth while until the iron and steel business got well on its upward way. Steel and iron are now out of the woods and there is, every reason to believe that the time of the copper industry is near at hand
 Col whitcher says that the esti-
  taking in the surrounding camps which are really part of it. he believes that 15,000 is conservative figure.
 The town is now on a solid business basis. thanks to the panic. Previous to that disaster, business was not con- ducted according to regularly recogniz- ed business methods. No town ever had such a reckless credit system Money was SO abundant that it seems impossible that any man should be unable to meet his obligations. When the bank suspended men of substance were overwhelmed on being confronted by notes whose payment they had guaranteed and forgotten. One firm of merchants had several such notes to pay, one in the amount of s10.000.
 But the panic has left no scars in Globe; on the contrary it has left it stronger and in a more healthy condi- tion than at any time in the history of the town.
 There is a feeling of confidence in Globe that it will soon be directly connected with Phoenix by the way of San Carlos so that a journey that now requires a part of two days may be accomplished in five hours Un- der present conditions. Globe can use nothing this valley produces. Every thing comes from California.
 Said Col. whitcher When we are brought within five hours of each other. Globe and the adjacent mining camps will absorb everything that you can raise in this valley, after you have supplied your own needs"
 After a stay of nearly week in Phoenix. within which he saw pretty much all of the valley, he left last night for home.