The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1922-01-12
BOISE MINING MEN BACK
STATE MINE INSPECTOR
RESOLUTIONS CONCERNING HIS
ACTION FELL FLAT AND
WERE WITHDRAWN.

Charges that Stewart Campbell,
state mining inspector has maintained
an unfair and disloyel attitude toward
the mining industry of the state, made
Tuesday night at a meeting of the
Ada county chapter of the Idaho Min
ing association, fell flat and were
withdrawn before the end of the meet
ing, says the Boise Capital News.
A resolution introduced by repre-
sentatives of the Monetary Metals
company condemning the state official
for alleged injurious letters written by
him to the company's investors. WIS
withdrawn after many letters from
Mr.. Campbell's files had been read by
him. The letters showed that the in
spector had commended the company's
development work insofar as his Off
cial position permitted.
Cause of the charges came through
letter written by Mrs. Cover living
in small town in Ohio asking con-
corning the stock of the Monetary
Metals company. This letter was sent
by the woman in question to the post
master of Boise and turned over by
him to the state mining inspector.
Mrs. Cover asked concerning the truth
of statements in the circular in which
a big value could be made out of a
small investment Mr.. Campbell then
read from his letter in reply to this
woman in which he said that it was a
new company with mining property
in a field of past production" and that
the stock being sold was purely
speculative proposition. He also told
her that he knew of no recent discov-
cries being made upon the property as
set forth in the circular.
Compares Statement.
Mr.. Campbell, in presenting his side
of the story, had a sheaf of circular
letters and material concerning the
matter before him in which he an
swered questions from the audience
by reading paragraphs covering the
matter. He also told of a second letter
received at his office from this woman
who stated that she had bought 100
shares and desired to know whether
he would think it advisable to pur-
chase 200 shares or more. 1t was this
letter which caused the charges to be !
made. In this letter Mr. Campbell re-
peated that stock of that character |
was speculative.
Speculative Investment
The question then Mr.. Campbell
speculative investment. In this con-
nection he declared that he had boost
ed the mining game at all times and
that he would like some of the audi
snce to give their views on just what
4 speculative stock was. Frank E.
Johnesse, connected with the None
AIRY Metals company, then asked Mr.
Campbell if he considered the property
speculative property to which Mr..
Campbell replied that he did.
Remarks at this time from various
mining men were to the effect that
circulars of this kind were holding
,ack the development of Idaho's great
mining industry by false claims Mr.
Campbell told the members that he
lad a chest full of prospectuses of
which were lending, leading
nd bringing people on through false
iOpe. Nose of the mines prospectus
n these he had in the chest, he said.
we're closed down.
Brokers the Goat.
Questions were asked as to whether
e had a prospectus of the company
4 question of the mine itself, to which
e replied that he had, and promptly ,
cad from it. Mr.. Johnesse then took
he floor and told how all the exagger-
ted statements in question were pure
the work of the brokers and not the
Tork of the company. The mine, he :,
aid, was expected to be put on pay
lg and producing basis and the prop
rty would be one of the greatest of
s kind.
Richards Upheld Campbell. G
Judge J. H. Richards said he had at
,nded a number of mining congresses &c
evoted to just such circulars as the h