The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1921-04-15
Twenty YEARS AGO
Taken from The Ely Miner of
the same date in 1901.


Tower Heard From-An Ely citi-
zen who was visiting in Duluth, sent
| his clothes to be Numbered but they
| became lost in the shuttle and the
owner has so far failed to- recover
them. He is now suing the laundry
| for their face value which he claims
| is $500. Just as though anyone
| from Ely ever had $500 worth of
clothes all at one time.-Tower News.
Capt. Edwin Ball, who has been
with the Minnesota mine for the past
seven years has resigned his position
| as superintendent and general man.
ager and will accept position with
D. III. Bacon Of the Tennessee Coal
& Iron Co., with headquarters in New
York
The body of the man Lozar Koze-
lever, who was buried by cave at
| the Savoy mine Tuesday of last week,
was recovered Saturday. The fun
eral took place Sunday, Rev. Father
| Buh conducting the sad rites. He
leaves wife and three children in
Austria.
County Now the Loser-The recent
| marvellous rise in Consolidated stock
| due to the absorption of those prop
critics by the colossal United States
| Steel company, has recalled to the
minds of many people the sad mistake
| made by the county commissioners in
| 1893 when they refused to accept
| $3.50, 900 worth of stock in the Mis-
sabe railroad in return for the $780,
900 in bonds issued by the county
| for the benefit of that railroad and
| built that year. If the stock had
been accepted at the market price at
| that time, about $40 a share, the
county would have received about
1880 shares for its $250,000. At
| the present value of Consolidated
stock the commissioners threw away
| what would now be worth So, SOC, 900.
| enough to pay the expenses of the
county for> several years, in addition
to building one of the finest court
houses in the state. The commission
ers, like the great bulk of others in
| the county at that time had no COM
prehension of the enormous wealth
stored in the ranges and in response
| to that sentiment they feared that
| instead of being source of profit,
or even an asset, they would become
a liability and the county would find
itself involved in debt to pay assess
ments on the stock. This view was
also shared in by the general public
who expressed themselves rather fore
IDLY at the time the donation was
| to be made to the commissioners.
But again this unpleasant retrospect
| is a reminder that something was
said by the county commissioners
couple of months ago to the effect
| that some action would be taken in
, an effort to recover something in re-
turn for the bonds donated the road.
| The matter was referred to somebody
or some committee at the time and
has evidently been forgotten or else
an investigation disclosed that it was
useless to make any attempt to bring
suit in the courts and the person or
committee to whom referred has neg
lected to report the findings. In any
event, the fact remains that the
county has nothing to show now for
that $250,000 worth of stock except
the privilege of paying several tfous-
and dollars in interest every year on
the bonds given away and the thought
, of might have been.
The fire boys have begun practice
IN earnest for the fireman's tourna-
ment to be held at Hibbing in August.
Mrs. VIM. Trebilcock and children
left this morning for Crystal Falls.
Mich, where they join Mr.. TrebiIcock
of the Mansfield mine.