| Show COLORADO HIKING MEN A Meeting of Smelting and Mine Owners Own-ers to Bo Held Today I The Matter of Closing Down Every Silver I Mine and Furnace in the State i Will Bo Discussed DENVER June 28 Speolal A meeting of the smelting and mining men will be held here tomorrow at the Brown hotel to consider the closing down of every silver mine and furnace in the state All the heavy owners are either In the city or on the way I the action is taken it will be carried out immediately and at least 30000 men will bo thrown out of employment The sentiment of Ed Hold n J J Hagerman and other leaders ia emphatic cally in favor of closing The railroads will also be asked to furnish free transportation tran-sportation to miners from every part of the state to attend a gigantic mass meeting I meet-ing in Denver The situation is regarded as desperate Georgetown leachers today let out 150 men Advices from Creede Aspen and Lead yule that will ask vie today were owners Wl the miners to accept a heavy cut in wages in the mines or the mines would close It I was at a private meeting tonight that it was decided to hold the general meeting tomorrow and take tho more stringent step of closing absolutely Many of the Lead villa mines make huge quantities of water and the pumps have to be kept running or thoy will be swamped Most of the smelters have considerable con-siderable stocks of ore on hand and will likely run a month or two in any event The loss to all the smelters of the state by the depreciation of the past three days is estimated at fully 500000 The heavy lead mines are a double disadvantage for the market quotation s below the cost of production Heretofore the public expressions of leading mining men have been in the direction di-rection of putting the best possible face on affairs but tonight the sentiment is general that there i no use of deceiving themselves Ed Holden was asked by telegram from New York today what the sentiment in Colorado was and replied that a Rocky mountain empire would rise up in arms to protest against the domination of English gold bugs The Colorado mining men appear to have enlisted for the war The only good feature is that an impetus has been given to Park Boulder El Paso Summit and other counties which produce gold Prospectors are all turning their attention to gold and a considerable Increase in the output of that metal is looked for |
