The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1909-06-03
DISTRICT NEWS IS MORE CHEERING

DISTRICT NEWS is MORE CHEERING
Summer has in the Occur dAenes 1t arrived without
any Of the preonoy symptoms but nevertheless it is here ana
here stay With the days Of weather reports are
received from every section of the district confirming the predc
ons often made this that the present season would VIII
revival of activity surpassed and seldom equaed IN
this mineral belt For Is months business has not been active IN
the mining industry One factor after another has retarded IN
and operations The last greatest OF these has been
the agitation attending the special session called Tor
the purpose of tariff revision Much of this agitation has been
created and sered by irresponsible sensational ma
which ready predict disaster and depression OF
business with special stress mineral production and ao
soption These pestferos insects Of journalism begin
ming to hedge and few months will be the firing line OF
prosperity predicting advances all directions with as little re-
gard for actual conditions they have been bowling calamity
the past Their banefu influence for felt They lure the
unwary excessive and mmoderate speculation in times Of
er prosperity and high prices only brighten them into panic
periods of reaction causing them to sacrifice their holdings at ire
mendos loss and by dumping their securities on weak market
force prices to still lower range For months past these
fiction have been sending everything the demnton bow
vows Conservative journals scoed at while optimistic
ueanes have been held public rdue and their predictions
branded the wandeng of diseased minds The Miner has
been opmst right along 1t has consistently maintained that
this would general revival of interest in mining op
eaos It has not been aamst the tariff question: neither
has lost when the houses of congress agreed the
maintenance of the lead tariff 1t has maintained and still does
that gradual improvement will be noticeable ending doubt
in period of wild speculation will be the duty Of this
to the people against such speculation just it has been it's
valuable interests for little consideration.
From Washington the reports coming the effect that
early adjournment of expected with quick
ton the tariff Senators and congressman hu
particularly far the desire for creature comforts is
concerned and will not take them long to wind the remain
ing schedules and adjourn when the mercury begins point sky
ward.
Immediately the passage of the tariff bill the Success mne
employing upwards of 100 owned by H. Samues will be
put in operation This has large bodies of zinc
posed and will shipments after work starts The
Monitor under the control has been closed for time
owing the mpossbty Of getting supplies but about ready
to operate again with between 20 and 80 The Jack Waite
property Murray which has large quantities of high grade
exposed and has been idle for Is months will be added
to the rapidly swelling list of shippers 1t reported that exceed
ng rich has been exposed the lowest workings the Stan
dard mine guaranteeing productveness giant
producer of the Federal company. The Flagstaff and Hoo Hoo
properties at Osborne the Blue Star Pine creek the Noten
Light recently Incorporated and nnumerab other prospects
have either actually commenced work have made
do within the next few weeks The Anchor mine Burke
adjoining the West Heca close the we'll Heca
reported having into body giving returns
1000 ounces of silver to the ton of
similar character exposed near the surface.
The the Occur dAenes has been Backward This
has retarded work. but the other hand plentiful
supply of water mining purposes until late in the autumn
The snowfall unusually heavy last winter and in the Burke
and Murray sections there still plentiful covering the
ground which mpedes traffic and makes it impossible to get
supplies to number of properties With the weather
this handicap will be speedily and before the end of the
present month much actual development will be under
has before been known strikes will be made ship
pes added to the list possibly will be enrolled the
dividend dsbursng list and consequence those interested
the mining industry Of this district will have greater confidence
in the merits of properties and will contribute
N the development of other prospects, activity will
and the Occur Aenes will become known
of of
vast resources and the opportunities for profitable investment
which the district offers.