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Show INTER-MOUNTA- MINING REVIEW. IN MINING REVIEW INTER-MOUNTA- IN TINTIC. And Western Mining Record. Devoted to the Minins and Smeltin'' Interests of the Inter Mountain Vct. MILLED & II Y SL01 200 S. West Temple. Dooly Building. ALEX. IIYSLOl, Editor and Manager. !. iilisiikd Weekly By TERMS: (Payable in Advance,) One V SixM Three To fo? ar ...$2.00 nths 1.00 50 Aonths countries except Mexico and Canada, $3 per year, postage prepaid. matter. Entered at th? Salt Lake City Postoffice as second-clas- s itfn pt ( C- - 61 and 65 Merchants Exchange, where this paper is file. Advertising contracts can be made with E. C. Dake, Agent. icago Office: 761 Monadnock Building. Francisco Office: Salt Lake City, Utah, Oct. 15, 1896. A TESTIMONIAL. James Baxter & Co., of Boise, Idaho, are dealers in stamp mills, mining machinery and castings, and are advertisers in the Review. In a recent letter to the editor the head of the firm expressed himself as follows, our excuse for publishing it being that we take a profess1 am ional pride in such an unsought testimonial : fully convinced that the advertisement in your splendid journal has done me more I good than all the others ever had. We are gratified with such a testimonial, and merely add that there is no better advertising medium to reach the mining public published in the Mining region than the inter-mounta- in Inter-Mounta- in Review. The New York Mining Exchange is to be opened up on October names have 15th, in the Edison Building on New street. Seventy-fiv- e It been placed on the membership list, the price of seats being $250. is intended to limit the membership to 200. The Cripple Creek and Gold Hill tunnel is no longer a paper proposition. Sixty thousand dollars have been received to push the work, and the funnel which is now in 175 feet, will be pushed with all It will then be in the energy until it attains a length of 3,000 feet. vein of the Anchoria-Lelan- d which it will cut at a depth of 600 feet. The tunnel will become an important factor in the deep mining of Cripple Creek. The New York World, in its issue of October 8th, publishes what ii alleges is a repudiation by the state of Montana of a draft drawn in favor of Lauritzen & Co. for $500, and tries to make political capital out of the incident by publishing the story and referring to it as repudiation by a silver state, etc. It alleged that the great state of Montana had dishonored its outstanding obligations, and is not only malicious in the extreme, but is false throughout. The warrant question wrs drawn, as Governor Rickards explains, against the State Capitol fund which is created by the sale and lease of 180,000 acres of public lands ceded by the Federal Government. Warrants issued against this fund are redeemable as money accumulates, and are so understood at the time of issuance, and between the date of issue and the date of redemption draw 7 per cent interest. They also show on their faces that they are not redeemable trom the general fund of the state. When this particular warrant was presented it for payment there was no money in the special fund against which was drawn, and the state laws prohibit the drawing on the general fund f inciliquidate the obligations of any special fund. On this trivial dent in the domestic business of Montana the World tries to assail the crcdit of that state and makes an effort to create political capital by silver state. With it all, the assuming that it is a poverty-stricke- n credit oMhe state will not suffer in the least, its paper will be in as will be retouch demand as ever, and as its obligations mature they settled, but the World's record for lying and perverting facts is broken. The remarkable and healthy growth that is being exhibited just now by Silver City, Utah, and the west side of the Tintic district generally, practically all of which dates from the first of the present year, should be a matter of to everyone who has the interest of this state at heart. Silver City became a worked out camp about eighteen years ago, or as soon as the carbonates which first led to its discovery were exhausted. Since work was resumed the sul-- , phides have been mined from the same veins and the veins are better defined as depth is attained, so that now there is every assurance of the mines continuing to great depth. Nearly all the producing mines of today were shippers when the district was abandoned, but that is not the universal rule, as many new properties have opened up ore bodies. The workings of many of the old mines have also been extended in territory that was formerly believed to be outside of the mineral belt, with the result that new ore bodies are being daily discovered; "and no miner will now undertake to say where the limit of values will end. In this connection, the survey of the United States Geological survey, which is now in progress, is timely, and in that reject differs somewhat from the surveys of nearly every mining district, except Mercur and Cripple Creek. It has become the custom of the Survey to assume a post mortem character in its reports; that is, reports have been of no value in guiding the miner in the ecpnomic or general geology of the district covered, for the reason that they have been made after the dis- dricts have been worked. out.. The survey -of Tintic is undertaken at aiime when the work of the mjner and prospector has reached such a stage that every facility is offered to the officers of the survey, and the. report should prove of the greatest value to the miners as. an index to the undiscovered mineral deposits in the district. " self-gratulati- on . THE ANACONDA DEAL. Hamilton Smith, who managed the big.deal by. which the Exploration Company of London secured an option on500, 000 shares of the stock of the Anaconca Copper Mining company, and on which he has . already paid $16,500,000, is. again on his way to this country. Accom-panying him across the water is Marcus Daly, manager of the company, and J. H. Kibben, one of the heaviest holders of Anaconda stock, and it is believed that Smiths special mission at this time is to acquire the remainder of the stock, of which there are 500,000 shares. This deal if consummated, and it is more than likely that it will be, as the Exploration company obtained an option on the stock last June for $18,000,000, will put that company in complete possession of the greatest copper producing property in the world. The immense revenue from the Anaconda will no longer pour into the pockets of Americans, but will be transported across the seas, and even this would not lv so had were it not almost an assurance that they will go into the hands of that financial octopus that controls the wealth of the earth, the Kothchilds. It is scarcely a secret that the Exploration Company of London is merely a branch of the great banking home, at c i1 i a Se further fact, that the RothchiIJs, through ourr control cf many oilier American mines. 1'i.ui , i or ; t: , ..e.r can he earned, luve not yet included a single sil.-.aeents are known to he in every gold ami c. p, .e. ..ntnevcr are buying up good, well developed and premc. .g V.at imy van! and They have no use for prospects. possible. what they get are mines that are producing regularly an. me output of which is a lixed amount under given condi. ions. The ..no sledge of this leads inevitably fo the conviction that not only is it the intention of the Rothschilds to control all the gold that is now above the earth, and thereby continue their domination of the worlds finances, but to more fully fortify their position, they are now seeking lo ontrol the sources, all over the world, from which the gold can be ob.ained. The consummation of such a gigantic monopoly and the unlimited power that would be associated with it would be an effective argument against gold monometalism, and too late would the supporters of the iniquitous system be convinced of their folly. - - : . . . . 1 r v n-- . I . . 1 . |