Show BUILDING FOR FUTURE IS CONSTANT AIM OF BUNKER HILL AND SULLIVAN MINES you are all more inore or less familiar said dean francis ATho nison of the university of idaho school of mines in a recent address before the rotary club of spokane with the history and development of that great industrial development in in our own territory the bunker hill sullivan mining and concentrating company the bunker hill as you will reca recall 11 was discovered by a jackass but there is little evidence that this little animal has had to do with the management of the properties from its mine at kellogg or rather wardner the bunker hill has produced worth of lead and silver and has paid close to of this amount in dividends of co course urse the mine itself like any other mine is a wasting asset and it is actually worth gross or net less than it was when kelloggs burro discovered it although of course no one would have dreamed 0 of f p paying a ying even a sma small 11 part of for it at that time nor would he have been justified in doing so institution on firm foundation the ore reserves of the bunker hill mine are of course enormous but bradley and easton and the other members of the board of directors are building on a much firmer foundation than that afforded by any one mine however large and continuous its ore bodies may be thus we find the bunker hill company engaged in the development of several properties in central idaho we find them operating in nevada we find them owning jointly with the hecla the star mine at burke we find them launching out on a large scale in the now famous mineral dist districts riots of eastern canada not all of these properties will be successful or productive duc tive one venture of which I 1 happen to know a good deal cost the bunker hill sullivan or before they abandoned it as a dead horse they accept this sort of thing as among the risks inherent in the mineral industry but without any question some of their ventures will be richly productive and it is safe to say that the bunker hill sullivan company will be producing mineral profitably somewhere in north america long after the present able directors have been dead and gone and well nigh forgotten perpetuation characteristic of successful mining companies this sort of thing thin g this perpetuation of the organization beyond the life of the mine or mines upon which its initial success has been built is comin coming 9 to be a characteristic of the successful success successful fu I 1 mining companies of the world spokane of course began as a mining city I 1 shall not bore you by af attempting tempting to point out the blocks that have been built in your town by the Paul sens the peytons and the suttons Hut tons and the other men who made fortunes from the mineral industry of british columbia and the coeur dA calenes lenes but spokane business mena men unfortunately for her and for themselves allowed the control of the great mines of gold silver copper lead and zinc in her territory to pass largely out of the hands of her citizens 9 the bus business men of spokane became confused it seems to me between mine promotion and mineral production from mine mine promotion their attention wandered to flamboyant real estate schemes to impossible orchard projects and it seems to me that in very truth spokane like esau traded her birthright ifor a mess of pottage |