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Show MINING REVIEW. INTER-MOUNTAI- N - l - - MINING REVIEW INTER-MOUNTA- IN . . Devoted to the Mining und Smelting Interests of the Di'iilisiikd Wekkly By MILLED . Inter-Mountai- ' . West. n I1YSLOP. 2Ui S. West Temple. Dooly Building. ALEX. IIYSLOP, Editor and Manager. ' & TERMS: (Payable in Advance,) $2.00 One Vear 1.00 Months Three Months Six To 50 foreign countries except Mexico and Canada, $3 per year, postage prepaid. matter. Entered at thr Salt Lake City Postoffice as second-clas- s San Francisco Office: 64 and 65 Merchants Exchange, where this paper is Advertising contracts can be made with Chicago Office: 761 Monadnock Building. kept on file. Salt E. C. Dake, Agent. Lake City, Utah, Oct. 29, 1896. THE INDUSTRIAL BENEFITS. One industrial phase of the silver question that is rarely attended to is the direct benefits that would accrue, not to the silver mine owners alone, nor to the miners in silver mines, but to all lines of trade, is the fact that better prices would so stimulate the production, and, in doing so, would throw new energy into all the channels of commerce. Figuring the silver question, not from its legitimate financial standpoint, but from the selfish industrial standpoint that the east charges the west with fostering, and where would the injury alight from the better price? Certainly not among the manufacturers of the east, for they would be compelled to run their mills night and day to Not on the railroads, for the miners till the orders from the west. The farmer might suffer from overwork, and would pay the freight. certainly he would suffer a shock of surprise when he found himself with money enough at the end of the season's work to meet the interest would fear that the That on the mortgage. of in get a little more money for what he produces would be lost sight the rush of prosperity that would make hot boxes on the wheels of all-pervad- industry of such frequent occurrence called mine-own- ing that the of gold was of the greatest importance in deciding the financial success in many of the mines. In Utah there is but one mine, the Ontario, that deserves to be called a silver mine, yet it has produced many thousands of ounces of gold with its 32, 000,OCX) ounces of silver. In every silver bearing mine in this State the silver exists in a matrix of lead, zinc, iron or copper, and to mine the silver means to mine the other metals, so that the production of these baser metals is stimulated. Reviewing the question from the alleged self interest of industrial growth, and not from the broader platform of financial advantage, the advocates of can still advance the better argument. by-produ- And Western Mining Record. . - er a new lubricant would be for. And, after all the arguments to the effect that the silver mine owners only want remonetization, in order to get more for their silver, It is not a question of there is no such condition or feeling existing. one man getting twice as much for his product ; it is a question of one ct bi-metali- sm The Jumper mine on the Mother Lode in Tuolumne county. Califor nia7 is reported tcTbeTcleaning up from $150,000 to $200,oo0 monthly. This news is important if true, as the Jumper has but ten stamps, and would mean that the mill was crushing twenty-fiv- e tons per day of ore going over $200 per ton. October 24, the Park City Recoid, which, by the way, is the ablest and most enterprising mining camp newspaper published anywhere in the region, comes out with an enlarged edition, in which the mines that brought Park City into existence are exhaustively written up and their present condition reviewed. Nor does the issue stop with the mines, for every commercial industry and enterprise that has sprung up and flourished under the fructifying influence of the mines, is given due space. The Record should be proud of its performance. The people of Summit county should be proud of the Record. In its issue of inter-mounta- in The efforts of many eminent scientists and hundreds of practical men are just now being directed toward the question of cheaper ore reduction, and to improving the methods now in practical use, so that increased percentages of the values may be extracted. Just how low a figure may be reached before the minimum cost of treating ores of given classes shall be established cannot be foretold, but with each practical reduction in the cost of treatment new mining fields are opened up. For it is a well known fact that there are many extensive mineral deposits that are worthless with the present methods of extracting values, which, could the cost be reduced by even a tew cents per ton, could be made large financial successes. Frank G. Carpenter is doing too much surface work in the minmen getting a product to sell. a is In many instances in this state the values of silver ore are so low ing stories he is scattering over the country, and making reputation for himself as a fake writer. In a recent issue of the San Francisco that the question of 2 or 3 cents per ounce difference in the quotations Chronicle he tells all about the out and out sale of the Victor mine in is the arbitrar as to whether the mine shall operate or close its doors to Colorado to French farmers and market gardnersfor a million dollars, the workmen. Accepting, for the moment, the assertion that our and the news was a great scoop on the Colorado papers. It was a interest in silver is a purely selfish one, dictated by the thought that of the Victor, who better treatment of the metal would improve our industrial condition, big surprise too, David Moffatt of Denver, president and wherein lies the criminality? Labor would be furnished to the idle did not know that the mine had been sold to French farmers or any one else, and thinks it a little mean of Frank G.that he did not at the men of the nation, for however sectional we may be charged with being same time tell the French farmers that he, Mr. Moffatt, and his partthere is no fact so widely known or so generally accepted as the fact ners are still drawing the monthly dividends on the stock to the tune that the beneficial effects following the opening up of the mineral industries is more wide spread, and reaches farther in the channels of of $20,00o. commerce than the inauguration of any other industry ; it is not too The Montana company, an eastern concern operating mines near much to say that it is more essential to prosperity than all other industis in financial difticuties, and is ries. It gives new wealth to the world and robs no man. and neither Sheridan, Madison county, Montana, unable to pay its workingmen. The incident appears to be a repetiadvocate that end of that the claimed be can powers by performance tion of the Butte and Boston fizzle on a smaller scale, as the output of the debasement of silver; who insist that all debts shall be paid in gold the mines is stated to be much in excess of the operating expenses, is not sufficient to world when in the total the that know gold they ore reserves in sight. The eastern managers of the comwith heavy debts. one world's Pay per cent of the are also said to belong to that class that is so solicitous of the There is still another industrial feature in connection with the pany interests that they fear he will be paid for his labor in the of workingmans of that oppospart question at issue, and it exhibits the ignorance workmen are just now so unreasonable ition who refer to silver mine owners.'' As a matter of fact there 53 cent dollars, and their own and unappreciative that they are actually clamoring for some of those there are but few silver mine owners for the that of best reasons; very same 53 cent dollars. The company is not inconsistent, however, as are but few silver mines. Even in the great Comstock lode of Nevada, it declines to pay its workmen in 53 cent dollars or any othar kind. in the United States, hich is mines ot silver cradle be to the supposed hundred . |