davidaulloa/AmericanStories huggingface dataset:
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25

If the foregoing premises are valid,
then there should now be a readjust-
ment of the parity of gold to the high
er plane of living reached just before
the present war-that would reason
ably be $50 per OF. for gold.
Such action should be taken imme-
diately and in concert by the United
States, England british Empire)
France and Italy-the smaller nations
would quickly follow suit. Even should
the United States alone take such ac-
ton, others nations would be COM
pelled to follow suit" under the pres
ent circumstances
This would justly and legitimately
widen the base on which paper issues
rest so per cent.
| 1t is believed this action should be
be so taken as to work no impairment
Of previous contracts; but even at
that, it must work some hardships of
course; but it is better to put the
knife in now, as the disease is rapidly
growing worse every minute--and the
end to be attained justifies the means
in this instance. | believe we can dc
it now as war measure" and II
DONE then the natural production OF
gold will Immediately pick up again
and greatly increase. and the basis
upon which the worlds paper ISSUES
rest would be gradually broadening
apace with requirements-inste of
as now. dwindling. We are now burn.
ing the candle at both ends-diminish
ing the base and increasing the bur.
den.
OF course this action should b,
aiken without undue public "agita'
ton" If it were cried out in advance
from the housetops that such actor
would certainly be taken, all golc
would be instantly withdrawn from
circulation and panic ensue. 1t woul,
virtually be a justifiable instance o
secret diplomacy" and the worl
would wake up some fine morning t,
find the parity of gold at $50 per OF
the world would laugh or grunt Il
it's sleeve, and take 1t good -naturedl
now as a necessary war-measure"-
while in peace times it might be diff
ficult of accomplishment.
What the nations, at this stage, hav
to do is only to proclaim the self
evident truth. that gold is intrinsicall
worth more now for the uses of mel
than it was 200 years ago.
After this was fat accompli, the
the nations could take, separately O
in concert, such action upon monetiza
ton of silver as their several circum
stances might seem best to justify.
Most respectfully,
CHESTER II. KEENAN,
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
ASSESSMENTS LEVIED.

Ajax Mining Co.-Levied June %, l
cent, payable August to J. a. Havig-
horst, secretary treasurer, at Wallace,
or ia w 14th street, Spokane. De-
linquent sale August "a.
Amazon Dixie Mining Co.-LeVied
May Is, cents, payable June 10 to
Herman ]. Rossi. secretary treasurer
Wallace Delinquent sale July 10,
Postponed to August Is.
Arsenta Mining Co.-Levied May 20,
mill. payable June 20 to c. ID. Brock,
treasurer, Wallace. Delinquent sale
July 30. Postponed to August 20.
Carney Copper co.--Levied May 2S,
1hmills, payable July to c. d. Miller,
secretary. Mullan. Delinquent sale
August /. Postponed to August 81.
Occur d'AIene Anthony Co.-Levied
July II. 7 mills, payable August IA to
C. M. Powell, secretary, Kellogg. De-
linquent sale August 81.
Copper King Mining & Smelling Co.
Levied May 20. 10 mills. payable
July to II. w. ingalls,, secretary,
Mullan. Delinquent sale August 8.
Postponed to August 20.
East Hercules Extension Mining Co.
Levied February 23, "a mills, pay
able May to w. II. Macfarlan, Sec
rotary treasurer, Rookery building,
Spokane. Delinquent sale June /,
Postponed to August 3.
Enterprise Mining Co.-LeVied on
July II, mills, payable August 10 to
Lee Pnther, secretary. Kellogg, De-
lnquent sale September 49,
Friend Mining Co.--Levied on July
8, mills, payable August 10 to Will
liam Schierding, treasurer, $40 EN-
pire State building, Spokane. neliny-
quent sale September 80,
Guelph Mining & Milling Co.-Levied
May 7, 10 mills, payable June II to
Mrs Eliza II. Steffes, treasurer, KEEL
logg. Delinquent sale July Is. Post
poned to August Is.
Hamburg American Mining CO.
Levied May 81, mills, payable July
s to John A. Rock, secretary, Kellogg
Delinquent sale August s. Postponed
to September 8.
Hill Mining G. Milling Co-Levied on
February /, l mill. payable one-third
March II, one-third April II, and one
third May II, to W. II. Baldwin, sec
rotary, Kellogg. Delinquent sale on
June II. Postponed to August 10.
Idaho Nevada Exploration Co-LeV-
led June 20, mills, payable August
t. John f. Ferguson. treasurer, Wal
ace. Delinquent sale August 20.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
NOTICE OF ASSESSMENT.

Office of the Idaho Nevada Explora-
ton Company, Limited, Wallace,
Idaho, June 2S, 1918.
Notice Is hereby given that at
meeting of the board of directors Of
Idaho Nevada Exploration Company
Limited, held on the 2Sth day of June,
1918, an assessment of two CD mills
per share was levied on the outstand-
ing capital stock Of the corporation,
payable on or before the list day of
August, 1918, to John f. Ferguson,
treasurer, at the office Of the COM
pany, No. 7, Shoshone building, Wal
lace, Shoshone county, Idaho.
Any stock upon which this assess
ment remains unpaid on the LIST day
Of August, 1918, will be delinquent and
advertised for sale at public auction,
and unless payment is made before,
will be sold on the Goth day of Aug
ust, 1918, to pay the delinquent as
sessment thereon, together with the
costs and expenses of advertising and
sale.
JOHN f. FERGUSON,
Treasurer, Idaho Nevada Exploration
Company Limited; No. 7 Shoshone
Building, Wallace Idaho.
Jy4-25-4t
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
Lucky swede Gold & Copper Min.

Lucky Swede Gold G. Copper Min
ing Co.-Leyied June II, mills, pay
able July II to Otto A. OLSON, secre.
tary- treasurer, Wallace. Delinquent
sale August IS.
MayfIower Mining G. Development
Co.-Levied May IS, 3 mills. payable
June is to II. G. Loop. secretary, Null
Ian Delinquent sale July IS. Post
poned to August /,
North Bunker Hill Mining Co.
Levied July 10, mills, payable Aug
ust 10 to n. T. Hardy. secretary, Kel-
logg, Delinquent sale September 10.
sabina Mining G. Milling co.-Lev-
led May 20. 3 mills, payable July s to
E, C. Allen, secretary treasurer. Wal
lace. Delinquent sale July 80.
Silver Cliff Gold & Copper Mining
Co.-Levied May IL, mills, payable
June IL to j. ID. Wound, treasurer, Null
Ian. Delinquent sale July II. Post
>oned to August 10.
Silver Mountain Mining Co.-Levied
June 8, mills, payable July 16 to w.
e. Horstkotte, secretary, Potlatch.
Idaho. Delinquent sale August II.
Spokane Metals Recovery Co.--Lev-
led May 20, 10 cents, payable June 20
to ID. Holman, treasurer, Germand
block, Spokane. Delinquent sale July
27.
Tarbox Mining Co.-Leved May IA.
10 mills, payable June Is, to r. Il.
Seysler, secretary, Wallace. Delin-
quent sale July Is. Postponed to Aug
ust 2.
Washington Mining Co.-Levisd on
June g. 2 mills. payable July s to DR..
c. A. Dettman, treasurer, Burke. De-
! linquent sale July rs.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
NOTICE OF ASSESSMENT OF THE
CAPITAL STOCK OF AJAX MIN
ING COMPANY, WALLACE, IDA
no, JUNE 20, 1918.

Notice is hereby given that at a
meeting of the board of directors OF
the Ajax Mining Company, held on
the 10Th day of June 1918, an assess
ment of one cent per share was levied
upon the capital stock of the said cor
poration, payable on the 3rd day Of
August, 1918, to Mr.. J. A. Havighorst,
secretary treasurer of said corpora
ton, at Wallace, Idaho, or TIA West
Fourteenth avenue, Spokane, Wash
ingtOn.
Any stock upon which this assess
mept remains unpaid on the 3rd day
of August, 1918, will be delinquent
and advertised for sale at public auc-
ton, and unless payment is made be-
fore, will be sold on the Gath day OF
August, 1918, at 800 O'Clock p. m. at
the office of said company Cat the Of
flee of James F. Howarth Company
COS Cedar streeD Wallace, Shoshone
county, Idaho. to pay the delinquent
assessment, together with costs of ad-
vertising and expenses Of sale.
j. A. HAVIGHORST,
Secretary Treasurer of Ajax Mining
Company Wallace, Idaho, and ia
West Fourteenth Avenue, Spokane
Washington. J4-A1-5t
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
STOCKHOLDERS MEETINGS.

Big 1t Mining G. Milling Co.-Spe-
cial meeting to be held at Beeler on
August 2 at p. nc. M. Beeler,
secretary.
Blaine & Emmett Mining Co.-An-
nual meeting to be held at Murray on
Saturday, July q. at 2 p mr.. w.
Skeman, secretary.
Caledonia Mining Co.-Annual meet
ing to be held at Office of company,
Kellogg, on Monday August s, at 10
a. ND. S. Presler, secretary.
Horseshoe Mining Co.. Annual
meeting to be held at Mullan on Tues
day. August s. at 2:30 p. MI. b.
|Scoles assistant secretary.
Index Mining & Milling Co.-Annu-
| al meeting to be held at Kellogg on
saturday, July q, at 2 p. NIL. 4.
| Gilbert, president.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25

claims, namely: Axe Handle, Battle
Axe, Survey and Sunrise, all situated
in Placer Center mining district, Sho-
shone county, Idaho, the total expend-
iture for the three years amounting to
$1,000; and If within ninety (90) days
after the expiration of this notice by
publication you fail or refuse to pay
your proportion of such expenditure,
namely Axe Handle claim one
eighth, amounting to $3.50; Battle
Axe claim, one seventh, amounting to
$42.S4; Survey claim, one seventh
amounting to $42,S4 and Sunrise
claim. one-seventh, amounting to
$42.S4, aggregating $4,000 for the
three years, together with the cost of
this notice your interest in said min
ing claims will become the property of
the undersigned, your co-owners, as
provided by law.
ALEX. MCDONALD.
ANTOINE RIGHINO,
My16- Ag29-16t
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
PRODUCTION OF GOLD
MUST BE MAINTAINED.
Continued from Page ~


great world war. During this world
war, and by reason of the war con-
ditions an artificial or secondary and
still higher plane of cost of living has
been superadded to the pre-war plane
of living.
Gold is the cheapest it has ever been
in the history of the world, i. e., buys
the least. This, not owing to a large
gold supply, but owing to vast infla-
ton of paper issues based on gold
(even personal checks are based on
gold in the last analysis).
The wages of miners, cost of food,
machinery, dynamite, fuse, and caps,
have risen to such an extent that all
low grade gold mines are being aban-
doned of necessity; and operation of
all other gold mines is being slackened
down, and consequently the produc-
ton of gold is very rapidly diminish
ing
After the war: Everything will go
down in price some, but wages will
never recede to the level of 1S73-will
never recede, in fact, below the level
at which they were just before the
war-that higher plane of living
reached just before the war rested
chiefly on higher wages for human
labor and that higher plane of living
had come to stay, and it will stay, be-
cause the majority vote of humanity
wills it. This higher plane of living
reached just before the war is an OBJ
stinate fact which must be met.
For ideal security the whole amount
of paper issue should be covered by
an equal amount of metal; but it has
heretofore been considered as finan-
cially reasonably safe to have paper
issues to the extent of about seven
times the gold basis; but paper issues
based on gold have now gone out OF
sight and hearing of that ratio.
The temptation to reduce the meta
reserve (gold) to an inadequate
amount (by initiation of paper issues)
and then to escape the difficulty by
refusing to pay coin for notes, i, e,
making the notes inconvertible, has
proved too strong for nearly all gov
ernments in times of stress.
Gold is the basis on which the pape
issues rest We are every day com
paratively narrowing that base, ant
increasing the burden resting upon i
in most astounding manner. Unless
some remedy or palliative is had tn
conditions will grow worse until tn
war is ended, when financial chao
and pandemonium will reign.
The supply of gold has not kept pac
with requirements, but owing to tn
honor and high credit of leading ma
lions, by comfy, common consent, an
business convenience and necessity
paper issues representing gold hav
been allowed to increase beyond a.
safe bounds.
The parity of gold with humanity
plane of living has not been adjuste
in over 200 years.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
R. |. BLACK NOMINATED
FOR ATTORNEY GENERAL
SUCCESSFUL ATTORNEY FROM
COEUR D'ALENE SEEKS
NOMINATION..

The nomination of Attorney Roy l..
Wernette of Occur dAlene, Idaho, for
the office of attorney general of this
state on the republican ticket, has
been filed with the secretary of state
chairman of Kootenai county, Idaho.
Mr.. Black is 80 years of age, has
been actively engaged in the practice
OF law at Occur dAlene, Idaho, since
the spring of 1907. He served as a
member of the Idaho state legislature,
representing his county in 1911. He
received his law course at the Uni
yersity of Michigan.
Defines Attitude.
; In outlining his policies, Mr. Black
says: Il am in favor of and in SYM
pathy with the principles outlined and
adopted by the republicans of this
state in their platform convention and
which were adopted as the republican
platform. If / am nominated and
elected to office, will handle all the
work of the office impartially and
fairly to all concerned and according
to law, regardless of who it Is that
may be interested in any such mat
ters; and, as to all matters pertain
ing to the war and to the winning OF
the war, ! shall do everything possible
both as an official and as an individual
citizen toward its success. AS | have
heretofore been spending great deal
O ftime in connection with war mat
tiers, I expect to continue to do, SO
during the war, and believe that all
good citizens will continue to do the
same. However, l think 1t part of
good government for all good citizens
in a crises of this kind to weigh par
ticularly the qualifications of the SER
wants who are to handle the peoples
business and make sure that they are
choosing the ones for the various Of
ficees that they think will best handle
the public business. Therefore, in ad-
dition to all of our war activities,
believe that the people of the state
can, without any loss of energy OF
work for the winning of the war
properly and carefully consider the
merits and qualifications of candidates
for the various offices"
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
TARBOx HAS GREAT ORE
BODY ON THE 800 LEVEL
CONTINUED from Page y

CONTINUED from Page ~
but the company still has vast body
that will supply mining timbers for
many years. Much saw timber is al
so included, and the company having
a sawmill. it Is in position to provide
it's own lumber for the mill and for all
other buildings that may be neces-
sary.
General Equipment.
The Tarbox hoist is driven by steam
as is also the compressor. When the
mill Is built it is planned to place the
compressor near by and utilize water
power. Should there ever be a neces-
sity for more power than the com
pany will be able to develop by water
it is interesting to note that the cleo
trio transmission line of the Montana
Power company is only two and hall
miles away. A gasoline motor drives
suction fan, which is connected witt
10-inch air pipe down the shaft ant
S-inch on the levels, which keeps the
mine perfectly ventilated.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
NOTICE OF STOCKHOLDERS
MEETING.

Notice is hereby given that the an
nual meeting Of the stockholders OF
the Caledonia Mining company,
corporation, organized under the laws
of the state of Idaho, will be held at
the office of the company in the town
Iof Kellogg, county of Shoshone, state
Of Idaho, on Monday the 5th day of
August, A. ID. 1918, at 1000 o'clock
a. m. for the purpose of electing di-
rectors for the ensuing year, and for
the transaction of such other busi-
ness as may properly come before a
regular annual meeting of the stock
holders
Dated at the office of the company
this goth day OF June, 1918.
d. S. PRESLER,
Secretary, Kellogg, Idaho.
Jy4 -A1-5t
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25

The accompanying table gives the
quotations of silver. lead, zinc and
copper as obtained by the Engineer
ne and Mining Journal and which are
generally specified as tho basis Of set
lement in ore contracts with the
smelters. The quotations published In
he daily press are usually higher for
the reason that they represent sales
in small cts. while the figures here
given are based on large transactions
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25

Near the smart mousse is Il wen
equipped blacksmith shop. compress
cd air being used in the forge Back
OF this is the oil house. and nearby Is
dry house which will soon be re-
placed by a fire proof building.
Bail Water From Mine.
Although the company has a pow
erful station pump and also sinking
pump. it is found more economical to
bail the water from the mine. This is
accomplished in about two hours out
of the twenty four. The bailer holds
$50 gallons and dumps automatically
requiring attention from no one but
the hoistman
About % men are now on the Tar
box payroll. The dining room and
kitchen facilities would easily provide
for more than double the number A
few steps from the kitchen is frost
proof cellar that Is model of con-
struction and affords storage capacity
for all boarding house supplies.
The company office is a two-story
building, the office being in the front
with sleeping accommodation for the
bookkeeper and others in the rear
The upstairs is divided into sleeping
rooms for employees. Many of the
employees have their own houses, and
the number of buildings for all pur-
poses gives the TarboX the appearance
of quite village.
A novel feature at the TarboX Is the
poultry yard The company has
about 800 or 400 chickens, so ducks
and 20 geese; also a rapidly growing
herd of Belgian hares. The chickens
and ducks provide fresh eggs during
much of the year. and a chicken or a
Belgian hare dinner Is not uncom-
mon.
Other Features.
AS a measured fire protection, wa
ter has been piped over the company
grounds, with hose provided for i'm
Mediate use.
The company keeps two teams, one
of which Is used in shaking timbers
wood, etc, and the other Is engaged In
hauling supplies from town.
No story of the Tarbox would be
complete without mentioning William
Wallace, superintendent Of the mine
an old-time Occur d'Alener, and a
most capable man. He looks after the
affairs of the company both under
ground and on the surface. The sta =
ton on the 500 is the best evidence of
his ability. This station from the
standpoint of workmanship, safety
and convenience is not eXcelled in any
of the larger mines.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
NATIONAL PREPARES TO
SINK WINE 1900 LEVEL
Continued from Page l

is practically intact, stopping having
started on that level only a few weeks
ago.
On the 1900 the broken ore is now
practically exhausted and the drift is
being extended west with the expecta =
ton of opening more ore. On this
level also a station is being cut pre-
paratory to sinking a Wine 200 feet,
which should result in making sub
statial addition 10 the ore reserves
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
NOTICE OF ANNUAL MEETING OF
STOCKHOLDERS.

Notice is hereby given that the an
nual meeting of the stockholders OF
the Blaine & Emmett Mining Com
pany, Limited, will be held on Satur-
day, the 9th day of July, 1918. at 200
p m. of said day. at the office of the
secretary, namely, the Office of r. W.,
Skeman Murray, Idaho, for the pur-
pose of electing a board of directors to
serve for the ensuing year and for the
transaction of such other business as
nay legally come before the meeting.
r. w. SKEMAN,
Secretary Treasurer of the Blaine &
Emmett Mining Company, Limited;
Murray, Idaho. Jyll-25-3t
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
Daily Quotations Of Silver, Lead, Zinc and Copper
Which Are the Actual Basis Of Settlement

and are generally determined from re-
ports made by producers and selling
agencies. Both the New York and st.
Louis prices Of lead are given, the diff
ference being due mainly to the differ
ence in freight between the two points.
The quotations for spelter are for
prime western brands. To arrive at
the New York price add II cents per
100 pounds to the st. Louis price.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
Subscribe to The wallace Miner and
keep posted on mining.
NOTICE OF FORFEITURE.

To p. Il. Harris. His Heirs and AS
signs:
You are hereby notified that in ac-
cordance with the provisions of Sec
ton 1924 Of the Revised Statutes of
the United States and all the acts
amendatory thereof and supplemental
thereto, requiring annual labor on
mining claims, we, your co-owners
have expended in labor and improve
ments for the years 1915, 1916 and
1917 the sum of 800 for each year or
each of the following lode mining
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25

And in accordance with law so many
shares of each parcel of such stock as
may be necessary will be sold on the
2eth day Of July, 1918. at 700 o'clock
T. IN. Of said day, at the office Of the
company (Which is also the office of
E. c. Allen, secretary of the company,
Woodland Park, Wallace, Idaho, to
pay the delinquent assessment there
on, together with the costs Of adver-
Using and expenses of sale.
e. c. ALLEN,
Secretary of the Sabina Mining &
Milling Company, Phone 434-W-4,
Woodland Park, Wallace, Idaho
Jy11-25-3t
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25

And in accordance with law so many
shares Of each parcel of such stock as
may be necessary will be sold on the
26th day of July, 1918, at 700 p. m. of
said day, at the office of the company,
to-wit: The office Of DR.. c. A. Dett-
man, Burke, Idaho, to pay the delin-
ouent assessment thereon, together
with the costs of advertising and ex-
penses of sale.
DIR. G.. A. DETTMAN,
Secretary Treasurer Of the Washing"
ton Mining Company, Burke, Idaho
Jy11-25-3t
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
Caledonia Dividend.

The Caledonia Mining company will
pay the usual monthly dividend of
cents per share on August 5, amount.
ing TO S7S15O. on the same date the
annual meeting Of stockholders Of the
company will be held at Kellogg.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
NOTICE TO DELINQUENT STOCK
HOLDERS.

Office of the Sabina Mining & Milling
Company, Wallace, Idaho, July .,
1918.
Notice is hereby given that there is
delinquent upon the following describ-
ed stock on account of an assessment
of three CD mills per share, levied on
the 25th day of May 1918, the several
amounts set opposite the names of the
respective shareholders as follows,
To- wit.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
NOTICE TO DELINQUENT STOCK
HOLDERS.

Office Of the Washington Mining
Company, Burke, Idaho, July IL,
1918.
Notice Is hereby given that there is
delinquent upon the following describ-
ed stock on account Of an assessment
of two (2) mills per share, levied on
the 3rd day of June, 1918, the several
amounts set opposite the names of
the respective shareholders as fol-
| lows, wit:
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25

F. H. Brownell president of the
Federal Mining & Smelling company,
arrived yesterday on the way from the
east to his home in Seattle. He was
accompanied by F. M. Smith, manager
of the East Helena plant of the AM
erican Smelling & Refining company.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25
Mining and Development
Companies of the Occur dAlenes

Levied Meetings Called Delinquent lists-ooins OF
Companies of Special Interest to All Stockholders
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-25

Near the shaft house is a well
equipped blacksmith shop. compress
ed air being used in the forge. Back
OF this is the oil house. and nearby Is
a dry house which will soon be re-
placed by fire proof building.