The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-02-28
Practical Remedy
for Excessive
Rates
TO BE BUILT BY MINERS
Colonel Kennan Says Capital
Can Be Raised; Out
lines Plans
(By Colonel Chester 7. kennan,
Murray, ldaho)

government 'NllNiSiip VI Noii
~ troll, concerning which there
has been much agitation, the
following suggestions are now ad-
vanced:
IT, as the truth is, miners are en-
dowed with two kinds of horse sense,
common and preferred, then surely the
preferred should now be exercised by
the miners building and operating
their own smelling and refining works,
instead of vengefully and foolishly
throwing existing custom smelters in
to the hands of plundering politicians
That past and present demands of
custom smelters upon the miners are
unreasonable and intolerable goes
without saying, but that fact alone
does not warrant the miners to jump
from the frying pan into the fire.
The business of government is to
govern, not to usurp the private bus
mess of the citizen by which he earns
a living for himself and his family
Fate of the Newcomer"
Within the memory of many of us,
time was when the miners of the
northwest were scarcely able to build
and maintain for themselves a large
modern custom smelter plant but that
time has long since passed.
In the meantime, whenever small
number of men have combined and
built custom smelter, the all-highest
fautocrat, the A. S. & r. company, has
quickly bought up the newcomer" or
made conditions such that it could not
operate at profit
The plain, practicable, profitable and
business like way to remedy the evil,
is for the miners to now build and op-
crate their own smelters. To accom-
plish this desired end, the following is
an outline of a working plan which.
upon consideration by our Idaho Min
ing association, could, if thought best,
be modified in various particulars.
Organize the Miners Smelling and
Refining company to build and operate
smelling works at the most feasible
point on Lake Coeur d'Alene.
Lake a Favorable Location.
The chosen point on Lake Occur
d'Alene would be as good a railroad
center as Spokane; while the vital OBJ
lection to the location of the smelter
near Spokane is that the smelter
fumes would do more damage than
the smelter could pay for.
The Chicago, Milwaukee & st. Paul
railways branch from Spokane touches
| the lake on the north end at
Occur d'Alene city, and its main line
runs close to and in sight of the south
end of the lake. The O.-W r. & n.
has two stations on the lake, Harrison
and Amwaco. The Northern Pacific
| is also at Occur d'Alene city. The
| Spokane international also touches at
| Occur d'Alene city. The Spokane Falls
& Northern is now owned by the Great
Northern, and the Spokane & Inland
Empire railway, from Spokane to
Coeur dAene city, is also controlled
| by the Great Northern. These rail-
roads and their connections reach all
railway points in the northwest in
|
meet us with the coking Goals of Crows
Nest Pass in British Columbia, also
the coking Goals of the Cascade noun
tains in Washington. Territory for
this smelter would cover Idaho Ore
gon, Washington, British Columbia
and Montana. Capital stock of this
smelling corporation, $2,5OO,OOO, in o.
100000 shares par value $100 per
share, bearing interest at per cent
per annum, to be subscribed at par,
and cash paid into the treasury of the
smelling company.
Conditions of Ownership.
only persons and corporations own
ing mining lands or interests in min
ing lands located in the above named
four states and British Columbia to
be eligible stock subscribers to the
capital stock of the smelling company.
In order to have the broadest and
strongest foundation, and be useful to
the greatest number of men, no sub
scriber should be eligible to subscribe
for more than $4,000 shares; the pol
icy of the company being to have the
greatest possible number of small
stockholders; and all eligibles willing
to subscribe 5000 shares or less should
be allowed to subscribe before larger
subscriptions are accepted.
OF the $2,500000 subscribed ST.
=
Do