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Show INTER-MOUNTAI- N MINING REVIEW. ground, so that its boundaries can be readily traced, and the record must contain the name or names of the locators, date of location, and such a description of the claim or claim located, Pevoted to the Mining and Smelting Interests of by reference to some natural object or West. the permanent monument, as will identify the claim. This is a very important by C. T. H ARTE, Room Published Weekly 223 Atlas Block. matter and locators should exercise the utmost care in describing their locaTERMS : tions. As to what constitutes distinct in Advance.) (Payable of the boundaries, the Su32.00 marking One Year 1.00 preme court of California recently held Six Months 50 that Three Months any marking on the ground Mexico and Canada, To foreign countries except claimed by stakes and mounds and S3 per year, postage prepaid. written notices, whereby the bounEntered at the Salt Lake City Postoffice as daries of the claim located can be readsecond-clas- s matter. ily traced, is sufficient. The Legisla65 : 64 aqd Merchants tures of some States have defined the San Fhanoisoo Office Exchange, where this paper is kept on file- Admanner in which the boundaries shall vertising contracts can be made with E. C. be marked, designating at what points Dake, Agent. : 761 Monadnock Building. Chicago Office stakes or monuments shall be placed, and even in some instances fixing the Salt Lake City, August 13, 1896. dimensions of such stakes or INTER-MOUNTA- IN MINING Inter-Monnta- review. in - Harking Boundaries. The Mining Review has had occasion to refer to a recent decision of the United States Supreme court in the case of Haws vs. the Victoria Copper company, in which it was claimed to have been held that a valid location of a lode mining claim could be made without marking the boundaries or posting a notice of location. The statement had its origin in a report sent out from Washington, and has been given wide publication by the press, being accepted, without question as to its accuracy, by so careful and conservative a mining journal as the San Francisco Mining and Scientific Press. Such a decision would be of such a revolutionary character, overturning a long and unbroken line of decisions, and even the statutes themselves, and would be fraught with such direful consequences to the owners of valuable mines, that, in a subsequent issue, we expressed doubts concerning the accuracy of the report and ventured the suggestion that the ruling had been misinterpreted by some press correspondent. It now1 appears that this was precisely the case, and that no such extraordinary ruling has been made. A dispatch from Washington last week explains that, while it was decided that locations could be made without marking the boundaries, this ruling had particular reference to placer locations on sur- veyed lands, and In the matter of lode locations it was held quite to the con- trary. No new rule, therefore, was laid down In the case, as it had previously been decided that the boundaries of placer locations on surveyed lands need not be marked. Where the lands are surveyed, the boundaries are required to conform to the lines of survey (section 2329, Revised Statutes) and no further survey or plat is required. In view of the wide publicity given to this erroneous report concerning the Haws case, and the discussion that has arisen in respect to the requirements as to boundaries, and in order to cor- rect any misapprehension, the requirements of the statutes are here given. Section 2324 provides that the location must be distinctly marked on the Bankers and Silver. If it is true that whom the gods wish to destroy they first make mad, the deities have surely marked the gold-bu- g bankers for destruction. The course that they are pursuing in a desperate endeavor to stem the rising silver tide surpasses the wildest dream of a disordered mind. From the moment the silver agitation attained formidable strength these bankers have seemed bent upon their own destruction. One of their number, less blind and more sane than his fellow plutocrats, last week raised his voice in warning, but his words are drowned by the howling, seething tumult. He pointed out the folly of their course and asserted that their acts and utterances were calculated to bring upon them, without reference to Bryans election or defeat, the most disastrous panic that the country has ever witnessed, a panic that would shake every financial institution in the land, and implored them to cease their and reckless demonstrations before it became too late to avert such a calamity. The savings banks seem to be the leaders in this campaign of folly and the country is familiar with their threat to pay their depositors 50 cents on the dollar in the event of silver success. Suppose in ordinary times the directors of any bank should announce that, after a certain date, they would discharge their obligations to depositors at 50 cents on the dollar. Would not all of the depositors of that institution see to it that no deposits remained unpaid upon the date mentioned? Suppose, in the present instance, the depositors of the savings banks should believe what those bankers are telling them and take them at their word; suppose all of these depositors should, during the next thirty days, serve a notice upon their bankers reading something like You say that after the 3rd of this: next November you will pay us but 50 cents on the dollar. We will take our money now and place it in safer hands.. This would be, under ordinary circumstances, the course that depositors would he expected to pursue, and ill-advi- sed 3 such a course would close up every sav- ings bank In the land, for these bankers could not, between now and November, collect enough money to pay one-ha- lf of their debts to depositors. That the bankers continue their idiotic talk is proof that they do not expect their depositors to believe them, but are simply talking to scare people who have no deposits. And these people who have no money in the banks know that if the bankers could devise any scheme that would enable them to discharge their obligations at 50 cents on the dollar they would work day and night in the effort to bring those conditions about. In noting the effect of the eight-ho- ur law In the Camp Floyd district, the Mercur Miner says: Two months have law went elapsed since the eight-hointo effect, which has been a sufficient time for a thorough test of its provisions. We are pleased to state that it is giving universal satisfaction throughout this district, both to the miner and mine owner. In some of the mines, especially those containing water, $3 are paid for eight-hoshifts. Previous to the time the law became effective much fear was apparent, and complaint made that it would prove a failure all over the State, but since the miner has demonstrated that he could perform the same amount of work in eight hours that he formerly did in ten, it is a matter of fact that it has proven beneficial to all concerned. The eight-holaw certainly effects and creates more good for the largest number of people than any other ordinance upon the statute books of the State. ur ur ur A gentleman who has been spending some time at Fort Duchesne states that he does not think the reservations will be opened until after the retirement of the acting Indian agent, Maj. Rand-let-t. The act directing that these reservations be thrown open was passed by Congress two years ago. It seems that the sentimental whim of a superannuated and eccentric army officer is sufficient in these days to set aside the law of the land. Randlett will be retired next December, one month af-ter Bryans election, and more than one wrong will then be righted. The sale of $350,000 worth of Salt Lake county bonds, payable in lawful money, which were taken by a Chicago firm at par, shows that the Eastern money lenders1 are insincere in their predictions that all securities will depreciate under free coinage. The gold-bu- g are simply trying to humbug the masses, and are perfectly willing to invest their money in bonds that may be paid in either gold or silver. panic-shrieke- rs The mining districts of the Rocky Mountains hold great quantities of gold that can be mined at a profit. All that is needed is the investment of the necessary amount of capital under competent management. The field is so far from being exhausted that, in fact, It may be said to have been hardly touched. At the present rate of progress it will be hundreds of years be- - |