OCR Text |
Show HAS MADE MANY RICH MEN Northern Idaho Well Called Cradle of Millionaires. The famotm Coour d'Alcno mining district of northern Idaho might well bo called the millionaires' factory of America. Rich men are In tbo making mak-ing (hero; Charles Sweeney, a deputy dep-uty marshal during tbo Coxey labor trouHlea ot a dozen years ago, now prosldent of the Fedoral Mining and Smelting Company, the four mlnen ot which, although three wore closed the latter part of the year, earned a net profit last year of $1,590,707; C. H. Rcovqs, onc a barber of Wallace, now a millionaire of Spokane, (homlno which hi son-in-law located paying rogular monthly dividends of ,$00,000; August Paulson, a fow years ago. driving driv-ing a milk wagon for $10 a month, now erecting 11-story' sleej-con-croto 'office structures nnd nble. to ,wrlt his checkand havo it cashed j In six numerals; L. W. lluttun, once a railroad engineer, bis wife the-proprietress ot a village, eating bouse, to- if , gethor now nccrcdlted people of great i wealth tho record might bo extended j to Include several dozen names. In spite of tbo slump In tho price of , lead last fall tho net profits of tho flvo , big mining companies In Ihe district ' amounted lust year to $5,119,802. add- , lng in Ihe majority ot Instances to I the great wealth of tho men and women wom-en who a decade ago wero in humbb ' walks of lite. Tho records of this millionaire' fac tory of the noithwest nro crammed ' full of picturesque, oven romantic pages. Fuct Id stranger than fiction throughout the entire story. Technical Tech-nical World. |