Gilpin observer., 1913-03-06
HAVE MERCY ON US
SIMON is COMING BACK


Good Lord! what is to become of
US and the mining industry? Wash
ington dispatches state that Simon
Guggenheim is to again take the
helm in the Guggenheim Exploration
Company, the American Smelling and
Refining company, the American Sc
curities company and the United
States Zinc company. The ex-senator
DIS reported as saying that he WAS
in favor of using every agency to
continue Colorado as the greatest
producer of gold and silver.
We ask for whose benefit? With the
record of the trust that the Guggen-
ence of our miners and operators in
dealing with the same. Is there no
hope in sight? What of the small pro-
f1ucer who has been robbed of his
rightful belongings by this gigantic
monopoly time and again? Bills for
relief are before the legislature; as
to their outcome, the close of the
legislative assembly will tell the
story.
81 am sure that even greater fields
are yet to be discovered" said the
senator. "The mountains have only
been scratched by the pick of the
prospector. Our mineral resources
thus far discovered are infinifesimal
compared to what awaits the de-
veloper I'm my future activities i'm
connection with the smelling and mdn
ing concerns in which my brothers
and l are interested, 1T is needless
for me to say that Colorado will have
first place in my affection"
Again we say, the Lord help us!
What else! Who else! But the ini-
Quitous snelter trust has we'll nigh
throttled the mining industry i'm this
state. A state that is the treasure
house for the precious metals of the
Union. Prior to the buying up of the
independent sme,ters of the state,
many of which were dismantled and
junked by this bunch of financial
pirates, the mining industry of Colo
RADIO was at its zenith. The sun of
prosperity smiled ON all. Great for
tunes were made, not by chicanery
or graft, but by the honest ton of
the producer combined with coopera-
tion of the metalfurgist who was
ready to treat and reduce the ores
on an equitable basis, fair to both.
Competition in the smelling industry
In this state is the only solution and
remedy for the existing evil of mon
opoly.
Independent sme'ters have been
built during the past decade in many
localities in the state, to meet the
fate Of disaster and ruin caused by
the fact that the Guggenheim mon
opoly held such power that dt as DIM
possible to conduct operations with
out the sanction and permission of
the TRUST, hedged in with such re-
strictions that 1t was impossible for
the independent concern to exist.
Should the reader doubt this state
ment, we refer him to those who
were interested In the erecting of
independent plants in the state. Al
state operated smelter might furnish
a means of relief, but better than
that would be a condition of honest
competition, such as existed in Colo
rado twenty or more years ago. Ore
in the form of concentrates form the
larger part of the gold and silver
values shipped to the smeter today.
The marketing charges taxed against
this class of ores is the one great
drawback that retards the erection of
many modern milling plants to treat
same. The Alaska Treadwell which Us
making big earnings t1rom mi!frTg ore
lower in gold and silver values than
the dirt bn cur streets has overcome
this drawback by cyaniding their con-
centrates, thus eliminating the smell
ter rake-off A few OF the mines I'm
Colorado have adopted this method,
with the result that the bullion Is
shipped direct to the Denver mint
mt smaN express charge. The LIB
erty Bell mine at Telluride ts mak-
ing savs7g OF over $4,000 year
an freight charges alone by this
method. Speaking OF freight charges,
bllron does net carry 11% moisture
and thus enhance the carriers profits.