davidaulloa/AmericanStories huggingface dataset:
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1915-10-21
HOW TWO STRAY STEERS
FOUND C|NNABAR MINE
STORY THAT RIVALS FAMOUS
BUNKER HILL & SULLl-
VAN BURRO.

The discovery Of the Bunker Hill &
Sullivan mine by burro has a coun-
terpart in Nevada, where a valuable
deposit of cinnabar was discovered by
two COW punchers while trailing 8
couple of stray steers. The story of
the Nevada discovery is told in a re-
ent bulletin issued by the geologi-
ical survey. Two stray steers caus.
ed the discovery of deposit of Gin
nabar in the Pilot mountains, western
Nevada. On the day of the discovery
Thomas Pepper and Charles Keough
had been tracking the two steers,
when, near nightfall, the trail led over
an old prospect in which a face of
limestone traversed by small veinlets
of red mineral was exposed The red
mineral was recognized by Keough as
cinnabar. After finding the steers and
taking them to Nina the two discov-
erers returned to Cinnabar mountain.
as the hill on which they had made
the find has since been named, where
they spent 10 days In careful search
end located II claims. They later
went back to Nina and made known
their find, causing intense excitement,
and that afternoon almost every citl-
zen of the town left for the site of the
discovery by automobile and by other
less expeditions conveyances. A large
number of claims were staked by the
first corners and many more were af-
terward staked by claimants from
Tonopah
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1915-10-21
A Great Man Misguided.

'Feyther," said little Mickey, wasn't
1T Pathrick Hinry that said. Let us
have peace?"
"Niyer!" said old Mickey. Nobody
be tn name of Pathrick liver said amy
think loike thot."
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1915-10-21

And in accordance with law so many
shares of each parcel of said stock az
may De necessary VIII be sold at the
once OF the company, COS Bank street,
wallace Idaho, on the LIST day Of DC.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1915-10-21
GOLD MILL At JUNEAU
10000 TONS DAILY
NOW TREATING 5000 ToNs-ovER
10000 PEOPLE IN TOWN
OF JUNEAU.

Darsie c. Bard, who has just re
turned from a months trip to Alaska
found Juneau the liveliest camp Wis,
tied. There are now about 10000 in.
+, habitants, prepared to winter at Ju,
neau. Mr.. Bard spent most of the time
in Alaska at the head of the Yukon
| The climate there is not unlike that OF
Montana, especially in the winter
While the nights are frosty, no ice ha.
formed in the lakes, says the Amazon
da Standard. On the Upper Yukon il
is expected that navigation will be
closed for the season about the LIST OF
November. The last boats for the
south have left the Lower Yukon. A
boom, especially in real estate, is in
progress around Katalla, where the
government is building the new rail-
road, with Fairbanks as the objective
point. Everybody is dealing in real
estate, principally town lots.
Normal Gold Production.
"The gold production in the interior
will be about normal for the year"
said Mr.. Bard. Few important new
strikes have been made this season
The notable exception is at Tolovana,
in the lower Yukon country, the rush
for the new town being on while l was
there. The biggest thing in mining
that is, of dependable nature-iS
dredging, | was informed that there
are about 100 big dredges working
successfully on the Yukon at this time.
Churn drills are employed in testing
the ground down to bedrock ahead of
the dredges, and the profits are enor-
nous.
Wonderful Gold Mill.
In the way of quartz development,
the biggest proposition is that of the
Alaska Gold company, in which d. C
Jackling is heavily interested. The
mill at Thane, about three miles be-
low Juneau, is handling 5000 tons of
ore day, and the plant is being en-
larged with a view to bringing its ca
pacity up to 10000 tons. The gold val
ues run approximately $1.6O to the
ton, and the loss is said to be not more
than 20 cents a ton. The cost of min.
ing is 80 cents ton and milling about
the same. With overhead charges and
all, the cost of production per ton is
given as 20 cents. The Alaska Gold
has 150,000OOO tons of ore
blocked out. The mill at Thane is not
difficult to reach from Juneau, jitney
busses running all day and carrying
for Is cents. Gasoline
launches are also available.
Ore Is Concentrated.
"The ore handled by the Alaska Gold
IS concentrated at the mill. Although
It is a remarkable fact, 900 tons of ore
IRE required to make one ton of con-
The days mill run produces
10 tons of concentration, worth in the
1eighborhood of $4,000.
"The process Is entirely different
from that employed at the famous
Treadwell mine and mill on an island
L mile distant from Juneau The pro-
luction here for the past season is
about normal The ore is crushed at
he Treadwell mill, and everything
crushed is amalgamated
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1915-10-21

During the six months period which
this report covers the mine was In
operation 1871 days. The average num-
Der of men employed was 140 per day
The average number of tons delivered
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1915-10-21
All Mining and Development Com
panies of the Occur d'Alenes

assessments Levied Meetings Called Lpno. Of
MES Of Special nterestt to All soekh,ld.r. T~
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1915-10-21
Lost the Mine.

The discovery was widely heralded
as the rediscovery of the "lost Haw-
thorne quicksilver mine" named for
Judge Hawthorne, in whose honor 1t
is said, Hawthorne, the county seat of
Mineral county, was named. Accord :
ing to local report in the '7Os Judge
Hawthorne discovered rich quick
The Washington herald., 1915-01-01
Fairfax Harrison.
President Southern Railway.

The dominant influence on railway al
fairs during the coming twelve months
Will be the general business situation.
Domestic business, in my opinion. will
he substantially improved as a result Of
the grant of the Interstate Commerce
Commission of increased freight rates IN
Trunk Line territory, which, by impruy-
ing the credit of the companies, will per
NIT of larger expenditures of main
tenanCe and for improvements and bel
terments. The expenditure of this money
will benefit business in all lines, not only
in the territory traversed by the rail
roads which are permitted to liner .i-e
their freight charges, but. to a greater
or less extent. throughout the country.
Export business will depend largely
upon the course Of events in Europe.
Thus far the war has tended to stimulate
exports from the United States with the
notable exception of cotton. The cotton
situation is tending to improve, however.
and, as the winter goes on. We may en-
peCt a demand for cotton fabrics for
army use to replace the present heavy
purchases of wOIens.
There is every reason to expect sub
stantial increases in railroad gross earn
ings and some increases in net income.
The increases in railrOad-Operating OK
penSeS and taxes have, however. been
so great that il is not to be expected
that net income on the railroads Of
the United States. as a whole, will in
crease in the same measure as gross
earnings. The freight rate increases will
help on the roe Is affected by them, and
some roads may be able to show higher
net incomes as the result OF improve
ments increasing operating efficiency.
and also through continuing, as far as
may he practicable. economies which
have been inaugurated during the period
of depression.
The present system OF regulation hv
a large number of independent regulat-
ing powers should be replaced by a sy>-
TEN coeXtensive with the subject to ne
regulated, and by a system of REASONABLE.
balanced. and nOnpolitical regulation
that will recognize both the needs of the
public and of the carriers
The Washington herald., 1915-01-01
Men Who Direct Nations Material Destiny
Greet New Year with Messages of Confidence

will gradually find their way into the
United States Treasury for redemption.
largely through the Federal reserve
banks, and can be replaced by Federal
reserve notes if commerce should re-
quire additional currency. The faCili-
ties afforded by the Federal reserve
banks justify the hope that never again
will there be any occasion for the use
of either clearinghouse loan certificates
or of emergency currency.
The Federal reserve banks opened
for business just at the commencement
of the season when contraction of the
circulating medium of the country reg
ularly and naturally takes place. Stimuli
taneOusly with the opening of these
banks, the reduction in the legal re-
serve requirements of the national
banks under the new law placed them
in the position of having a considerable
amount of excess reserves available to
retire their clearinghouse loan GER
tifiCateS and emergency currency and
to invest in loans without reducing
their cash reserves below point dis
tated by prudence.
These two circumstances retarded the
discounting activity of the Federal re-
serve bank of Chicago, which neverthe-
less, considering the conditions, has made
a fair start and is gradually being
equipped to perform the various funC-
tiOns for which it was organized. The
conservative policy adopted by the Fed
eral Reserve Board. as demonstrated by
the rules and regulations so far promul-
gated, should be reassuring alike to bank
erS and business men, and the Federal
reserve banks should thereby become
source of potential strength to their
member banks and of confidence to the
business community. removing for the
future every fear of money paniCs''
The Washington herald., 1915-01-01
Welcome and Farewell.

How the tOwn-and the country, too for that
mattcr-dd speed the parting guest last night
Nobody wanted to dctaiu poor old 1914. There
was precious little about him to entitc him to
either affection or even compassion. He brought
to the world a war OF horrors which made it shud-
der, and to the people of the United States a
period OF depression and stagnaton such few
other years in their history can be blamed for.
The world has never turned to greet a new
year with greater fervor and hope than it mani
tested when the clocks announced the arrival of
young and vigorous and unscathed 1915. 1t comes
the dawn OF promise. Surely the end of the
war is today, and the turn in the long lane
that American industry has been traversing is
nearer. The clouds lifting. We can all put
our shoulders to the wheel with renewed energy
this January I, 1915.
The Washington herald., 1915-01-01
W. P. Manley.
President Security National Bank,
Sioux city, Iowa.

and .. II seems quite safe to assume
that the governing influence during 1915
will be the European war. Its closing,
no doubt, would contribute to trade re
cOyery. and its continuance lead to its
pOstpOnement. High prices for this
years crops justify a hopeful outlook for
the coming year, and the purchase Of
fOOdstuns, clothing, and other material
in this country for account of the bellig-
erent nations must necessarily be large
and favorable factor in our trade situa-
tiOn.
>. We can hardly anticipate any mate
rial Improvement in business by reason
of the operation of the new banking sys-
TEN. 1t is not likely that banks will
change their present methods. nor boards
of directors of reserve banks encourage
credit expansion by granting continuous
lines of discount. Banks will avail them
selves of rediscount privileges, no doubt.
as seasonal requirements make necessary
or desira BILE. The chief advantage of the
new system will be to give stability to
our present banking system and furnish
a resource not heretofore always avail
able.
T. There is every reason to anticipate
firm rates for money the coming year,
and whether or not there will be even
normal demand for stocks and bonds will
depend upon the showing railroads and
other corporations are able to make, as
well as the attitude of the government
toward them. Capital absorption by rea-
son OF European war loans must lessen
usual investment in industrial and COM
merciaI enterprises in Europe, and, there
fore, limit foreign investment in our Sc
curities.
The Washington herald., 1915-01-01
A Superior Brand of Ethics.

There IS little doubt that Pagan politeness is
vastly moro agreeable than Christian boorishness.
Once more Pagan ethics, practiced by the
Japanese has put the Christian world to the blush.
Such scrupulouS regard for the sensibities of war
enemies as has been shown during the present
conflict by the Japanese a nation is decided
novelty in the history of warfare At the fail OF
the forts at Tsngtau, the professions in celebra-
ton OF the victory of Japanese arms over the Ger
man forces not permitted to move through
the streets of Kobe in which there were German
shops and residences.
Even at most critical moment the Japanese
does not forget his good manners. When the
Mikado's government politely requested Germany
TO withdraw from the Chinese forts, it was not in
the language of curt and peremptory demand. 1t
The Washington herald., 1915-01-01
David R. Forgan,
President of the National City
Bank, ChicaEO

l. believe the European war will still
be the governing influence during the
year 1915. look for a slow. gradual re-
covery in trade. but not for a boom
during the year 1915.
> Should the war continue through 1915
think it is bound to have a powerful
and unfavOrable influence on investment
business. Should it terminate early in
the year. then just so much the sooner
will the work of rehabilitation begin. The
purchase of foodstuffs and material for
the belliserents will help grcauf in sew
eral distinct lines of trade, but probably
not enough to make good times general.
l do not think the new banking
system will affect the Improvement in
business generally. 1t ought to affent
the money market to the extent OF
steadying rates, and preventing panics
fluence on general business, while in the
right direction, Is only indirect. I do
not expect the redscount features of the
new system to become dominant for a
long time to come For many years Il
has been considered more or less OF a
reflection for a bank to show redis-
counts, and while this is unwarranted.
it is going to take time to change a
deep-rooted prejudice against rediscount-
ing. and make that kind Of business
fashionable.
While the war lasts, and for some
time the after. its influence must be in
favor Of firm money rates for this coun-
try. I do not expect broad investment
buyInDSf stocks and bonds during the
comtiS, year. How much European liqui-
dation there would be IL the stock mar
ket were opened in the normal way is
only a guess on the part of any one; but
my guess would be 1t would not be as
heavy as some people think I think
the worst feature in the outlook is the
establishment of an industrial commits
sion. Knowing how the railroads have
Jared under the Interstate Commerce
Commission, dominated by a lot of law
yers, one can hardly be hopeful for gen.
eral business when it gets its turn of
regulation"
The Washington herald., 1915-01-01
Carl R. Gray,
President Western Maryland,


Those things which will most strongly
influence railway affairs during the next
year will be a greater activity in the
market Of steel and iron articles. which
must be appreCiable before late next
spring, as a result of a greater general
purchasing power, due to the prices be
ing realized upon a record grain crop
and to the greater porportionate abroad
purchases.
Am not prepared to go further than to
say it will not be a bad year. using 1871
as a vivid illustration Of this type
I feel sanguine that 1915 will reflect
as we'll in gross and better in net than
the year just closed.
Am not prepared to say that the next
twelve months will involve unusually
heavy purchases OF rail, equipment. and
supplies. Railroads will undoubtedly move
cautiously i'm this direction. It ought.
however. reasonably to reflect about the
purchases of a normal year.
This question is too broad for a gen
eral answer within modest scope. To say
that government regulation has not
helped the railroads to eliminate many
evils would fall short Of fairness. and u
sympathetic cooperation, in time. can re
move all of them. In the main, however
the tendency of regulation toward in
fleXibiity and delay has been injurious
not only to the railroad situation, but to
business in general.
Answering this question generally: The
crying necessity is for single and not
hydra-headed control If this could be
made Federal in its extent, the inmedi-
ate and most needed relief would be u
modification of the present law. by which
the right of the commission to suspend
a tariff would be limited to a reasonable
period, with the additional requirement
that the decision must be upon the rec
ord, and the burden of proof rest equally
upon both parties and not wholly upon
the railroads.
The Washington herald., 1915-01-01

was in the form of courteous advice. Instead of
seizing all German vessels found in Japanese ports
and regarding them legitimate prizes, time was
given to enable them to seek safe haven. From
the first, there has been meddlesome interfer-
ence with German residents. Germans doing bust
ness in Japan have been as free to come and go
as ever. The strictest measures have been taken
to safeguard German professors and teachers in
colleges and schools from possible insult And all
the time the Japanese being caracatured in the
German papers as monkeys and rarely spoken
of even in the most cultured" circles save as
yellow bellies" Tell us, Herr Ridder-Is German
chivalry dead or is it only alternating?
The Washington herald., 1915-01-01

New York, Dec. 31.-Bankers, business
men, and railway officials in all sections
of the country give their views in a Sc
ries of statements as to what is ahead
Of the United States in 1915, published
today in the New York Evening Post,
and there probably has never been
time, says the Post in submitting them.
when the obscurity of situation called
more imperatively for expert judgment.
The entire novelty of the problems con-
fronting this and other countries; the
enormous arrangement of the ordinary
channels of international finance and in
dustry; the fact that economic forces
never heretofore called into operation
may be in operation-all this has already
created the widest possible diversity of
prediction on the markets.
The opinions given herewith are the
product of sober and deliberate Judgment.
arrived at by men who have been dealing
at close quarters with the urgent prob
lens of the past five months They have
to do with the time and manner in which
industrial revival may be expected to
come in 1915, If it comes at all. They
touch on the unsettled questions of the
course of the money and investment
markets. and they necessarily take into
consideration the relations of govern
ment and business.
Questions Asked the Bankers.
The following questions were submitted
by the Evening Post to bankers and bust
l. What do you think will be the
governing influence during the year
1915? Do you look for a period of trade
recovery or trade depression? What.
in your judgment. is the most hopeful
feature of the outlook OF the moment?
2. What would be the effect upon
investment and business conditions in
the United States if the European war
was to continue throughout 1915? How
would our situation be affected if the
war was TO terminate early in the year? ?
How much of factor in the trade situ-
alton of the next six months will be
the purchases of foodstuffs, clothing.
and other material in this country for
the account of the beIligerent nations,
and of nations which usually provide
for their requirements in the markets
of England. France, or Germany?
3. How much do you expect from
the operation of the new banking sys-
tenn in the way of business improve
ment: How. in your opinion. will it
affect the money market and the gen.
eral business situation? Do you think
that the rediscount features of the new
system will become a dominant finan-
cial influence. and IL so. how soon?
4. Do you look for high money rates
or for easy money rates next year? Do
you expect broad investment buying Of
stocks and bonds for home account? Do
you look for heavy European liquida-
tiOn? In what way do you expect that
the absorption of capital in the Euro
pean war loans will affect the economic
situations in Europe and in this coun-
try?
Answers from some of the best known
financiers and railroad men of the coun-
try follow:
The Washington herald., 1915-01-01

ever, in the territory travtrsed by West
ern roads which will get large benent
from the heavy crops.
The enforced economies of the past
year will neccssitate some purchases
during the next twelve months; but NOT
large as compared with those made in
ordinary years.
Government regulation has helped the
railroads to a certain extent, and VII
help more If intclligently directed. O
late it has not been intelligent The law
giving the Interstate Commerce CommIs-
sion the right to suspend rates for prac-
tically an indefinite period and the law
Placing the burden OF proof on the rail-
roads should be repealed if regulation is
to be successful: also the Interstate
Commerce Commission should not he
Obliged to act in the capacity Of de
teCtive, prosecuting attorney, judge and
jury. fairness under such circumstances
being impossible.
The Washington herald., 1915-01-01
William G. Bierd,
President Chicago and Alton

The dominant influence on railroad af-
fairs in the coming year unquestionably
will be rate control, legislation, and or
ganiZed labor. which, by reason of their
restrictive and unyieldinE natures, limit
the economic usefulness Of transportation
properties. Until the public is willing to
accept transportation properties as a per
manent national ass :, protect them from
unreasonable legislation and from ex-
ploitation by any interest-political. finan-
cial, or labOr-and develop a plan Of rate
control that will be liberal and respOn-
siye, we cannot reasonably expect per
manent national prosperity l believe
that public sentiment is slowly getting
around to this view. but until the public
is convinced of these fundamental neces-
stiles, and takes a firm defensive stand
on such matters. the nation is sure to
lose the best of its opportunities. The
railroad situation is, by far. the most
serious and important matter with which
the people of this country are called
upon TO deal.
Notwithstanding the increase recently
granted to railroads in the Eastern terri
tory applying on certain classes OF
freight, the railroads generally will con
tinue to operate along conservative lines
We must remember that only a relatively
small part of this one big question has
been settled; freight rates in the South
ern and Western territories are not af-
fected, and the passenger rate situation
remains to be dealt with. Moreover. leg
-fation and organized labor are seriously
disturbing influences.
I have no suggestions to make regard
ing rate legislation. The present system
Is cumbersome and slow. The railroads
are held d'En to a margin Of safety
much too close to provide for normal
fluctuations in traffic and business con-
ditiOns from year to year and to tide
them through poor earning periods
which are bound to occur at intervals.
The Washington herald., 1915-01-01

DR.. Anna Howard Shaw, president OF the Ma
tional American Womans Suffrage Association,
says: Men fail to consider US as human beings or
units of the Commonwealth; are simply rela-
tions. They are logical enough when they discuss
problems where men are concerned, but sentiment
throws them off their base when the subject OF
women is broachcd." In these words the Doctor
expressed the woman suffrage controversy in a
nutshcll The anti-sufragst wants sentiment to
throw men off their base when the subject OF
woman Is brOaChcd."