The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-11-25
MARSH NOT IN MOOD
TO DEAL WITH HECLA
Report Preparing to
Continue Apex
Litigation
MAYHAVEDAY BACKING
Men Working in Russell Tun-
mel Evidently to Make
Lease Right Secure

of what has happened and pre-
N dictiOns without facts to sup.
port them of what will happen
which afford food for gossip and even
for serious discussion in the minin
camps are generally credited by the
incredulous to the proceedings of a
"muckers' convention" that mythical
source of all wisdom pertaining to
the mines and their management In
the absence of more dependable au-
thority, that same "muckers conven-
ton" must accept responsibility for
what follows, the Miner simply being
the means of disseminating the latest
dope bearing upon the pending differ
ences between the Marsh and Hecla
companies 1t appears that the Marsh
people are far from being in a tract
able mood with respect to a settle
ment. In fact, the settlement between
the Hecla and Federal arrived at
without inviting the Marsh into the
conference is said to have intensified
that company in it's determination to
continue the litigation. firm in its be-
lief that the apex of the least vein"
OF the Hecla is within the lines of the
ground it holds under lease and that
it is therefore entitled to full pay
ment for all ore removed from the
vein by the Hecla company.
Has Financial Backing.
1t was believed in the beginning that
Marsh would be disposed to settle on
a reasonable cash basis. since the
company is without large financial re-
sources, but that view now seems to
be incorrect unless Hecla would re-
gard so cents a share or $1000,000 as
reasonable, for that is reported to be
the minimum that Marsh would con-
slider. This Independent attitude as
sumed by the Marsh is explained by
those who profess to know by the
statement that Marsh has been offer
cd ample financial support to complete
all necessary work to prove its apex
contention and to carry the litigation
through the courts to a final conclu-
sion; that the company is therefore
Indifferent regarding a settlement with
Hecla unless it can be made upon it's
own terms. According to rumors
who has come to the rescue of Marsh
is Eugene R. Day, perhaps the veal
thiest member of the Day family and
in addition to the possibility of large
profits through the successful prose-
cution of the case, it is minated that
Mr.. Day has a grievance against the
Hecla management and that by TAX I
ing up the Marsh fight he sees a .
chance to get even.
Why Day is Sore.
The grievance being nursed by Mr.. .
Day, if it is true that he has a griev-
ance, dates back to the last meeting of .
the Hecla stockholders. He has long
been stockholder in the Hecla COM
pany and according to report at that .
meeting he desired to be placed on
the board of directors. However, he .
failed to develop sufficient voting
strength to put him over and for his
defeat he is said to blame James F.
Mccarthy. manager of the Hecla The .
Miner can not of course vOuch for the
truth of these reports, and simply
gives them as an interesting contribu
ton to the discussion that continues
unabating regarding the Hecla-Fed
eral settlement and the probable out
come of the difficulties between the
Hecla and Marsh
Marsh Starts Work.
But from present indications, the
Marsh company is evidently planning
to continue the fight. Last week
few men were started to work by the
Marsh. and it is stated that they are
working in the Russell tunnel ex-
tending it into ground owned by the
Marsh joining on the east. It is sup
posed that this work is being done
merely to protect it's rights under the
lease pending definite arrangements
regarding taking up the litigation or
until some other settlement is reach
ed. Evidently Marsh is taking no
chances of having any question raised
regarding complying with the terms of
the lease at this critical period, and
it is presumed that this is why the Z
men We're sent up to the Russell tun-
mel
Marsh LeVies Assessment
Since the above was written it is
learned that the Marsh company has
just levied an assessment of one cent.