The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1922-01-19

few questions. but nothing was sal,
about interest Hecla was to have. Sh,
knew the Star had no value from in
formation received in 1912. and late
reports had no influence with her; sh,
had talked with several people sine,
and information received caused hel
to vote against the agreement to buy
At the meeting with Mr.. Bradley in
Kellogg in August she was shown q
report by Mr.. Hershey, but didn't I'M
derstand it and said reading it was a
waste of time. She wanted an exam
ination made by Mr.. Days engineers
Mrs. Smith mentioned as a reason for
lack of confidence in Mr. Mccarthy
the settlement of the Federal Marsh
litigation, although she had voted for
the settlement and admitted that it
gave Hecla title to a large and valua-
bic ore body which had already pro-
duced over a million dollars. She said
that numerous options had been taken
on the Star and given up, but could
name only one held by the Federal
Wourms on Stand.
Mr.. Plummer next called John H.
Wourms who identified himself as
general counsel for the Day interests.
He told of a meeting between Mr..
Bradley and Eugene r. Day in the
Day building at Wallace on August Il.
Besides the principals and himself
there were present Stanley A. Easton.
Jerome J. Day and Axel Ramstedt. He
said that Mr. Bradley told of his ex-
animation of the Star and that he was
convinced that it was a valuable mine;
that he regarded the operation through
the Hecla as the most feasible plan
and had brought the matter up to Mr..
Mccarthy to have the Hecla Join in the
purchase; that Mr. Bradley admitted
that ore in upper workings was chiefly |
zinc. but said that lead predominated |
in lower levels and that on 1850 level |
there was a fine body of lead Mr..
Day did not agree with Mr. Bradley.
saying that he understood that the ore
was mainly zinc and that increase in
cad with depth was contrary to the
ale in the district NJ Day said the
5ecla company was not in financial
condition to join in the enterprise and
hat there would be heavy expenses in
edition to the initial development
damned, including mill and reduc-
ion plant which might cost from
100000 to 100000 Mr. Bradley said
hat these costs could be met through a.,
peration of the Star after the first
evelopment expense; that Hecla {
fould not participate in cost of reduc- {
ion except for the mill: that the Bum
er Hill had in view the erection of a
liant for treatment of lead-zinc ores; I
Ir. Bradley offered to show all maps {
eports and data regarding the Star $
hitch Mr.. Day said he would be glad S
) see but that was not sufficient He 5
anted time to personally examine the
round with his own engineers. Mr.
ay said if his investigation proved a
hat Mr.. Bradley said to be correct, q
e would withdraw his opposition to r
lie purchase; if he was not given time y
e would go to the courts to stop it n
r. Wourms said that the meeting il
'oke up following this statement, and f,
at they waited for compliance be- N
re filing papers to enjoin the stock C
'lders from ratifyinr the agreement W
purchase the Star Mr.. Wourms ii
id the relations between Mr. Day
ID Mr.. Mccarthy were friendly. and Ell
at Mr.. Day. although vice president st
ID director of the Gertie Mining COM in
ny had nothing to do with giving W
lrsh the use of the Gertie tunnel in Ell
e apex litigation against Heca. tn
on cross examination Mr. Wourms pr
terated the friendly relation be- ed
cen Mr.. Day and Mr. Mccarthy tn
,eit at the last annual meeting of ex
ckholders Mr.. Mccarthy was the au
)ject of criticism by Mr.. Wourms as
representative of Mr. Day. Also it
$ brought out that he had threat
ID action against Hecla on suspic- III
that the company was removing
from Mr.. Days ground, which was nj
we'd to be unfounded by investiga- II|
q on the lower levels Having re- -
red to the Callahan mine being
sed down as showing that zinc min
is improbable. Mr.. Gray asked Vt
MT the Tamarack. a lead mine own
by the Days. which witness admit
was also closed down on account
lnfavorable conditions
Jerome J. Day.
/ response to a question by Mr.
MINER Jerome J. Day said he be- Am
mining in the Bunker Hill in 1892 Cal
had done everything from nipper an an
10 manager of a mine. He said he Flo,
present at the meeting between Hec
:. Day and MIR Bradley on August lnd'
and that in talking to Mr. Bradley S Ga,
expressed the opinion that zinc Sue
ing is not profitable in the north Uni
/; that there is zinc everywhere
that the high freight rates placed Aias
IS here at disadvantage with mines Bull
he southwest. where the blanket Carl
S could be mined cheaper than the I'm In
IRE veins of this section. Mr. Days Gale
ri of the conversation between Cert
Bradley and f. r. Day was not Glad
.riall, differo,+ So. ~. - Hap
~" 'i's'' SVEN ny Higl