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Show INTER-MOUNTAI- MINING REVIEW, N Court of the United States has decided that a valid location could be made without marking the boundaries of the claim or even posting a notice of location. The full text of this decision, Devoted to the Minins and Smelting Interests of which was in the case of Haws vs. the West. the Victoria Copper Mining company, has not yet reached us, and until something Published Weeklt by C. T. HARTE, Boom further is learned 223 Atlas Block. concerning Its scope It would not be wise for locators to 1? n TERMS: be guided by it. Such a decision is in 1( Payable Advance.) a reversal of all former rulings and 32.00 One Year 1.00 will be fruitful of much Six Months litigation. .50 Three Months To England, Mexico and Canada, 83 per year, Prospectors will remain on the safe side by conforming to the old practice postage prepaid. of marking the boundaries, posting the Lake Entered at Salt City Postoffice as notices of location, and second-clas- s matter. conforming with the law in all other respects. INTER-MOUNTA- IN MINING REVIEW. Inter-Monnta- in i San Fbancisoo Office : 64 and 65 Merchants1 Exchange, where this paper is kept on file. Advertising contracts can be made with E. C. Dake, Agent. Ernest and Cranmer Denver Office: 711-7- 14 Building. Salt Lake City, July 23, 1896. ilining Locations. We have recently been shown some surveys of various groups of mining claims located over in Tooele county, most of them being upon the outskirts of the Camp Floyd district. Each of these groups closely resembles the plat of a townsite, the locations being apparently laid without reference to any mineral vein, but with the sole view of covering as much ground as possible. The same locators have in some instances staked off as many as twenty claims, lying side by side, and marked off with as great regularity as town lots. Of course It goes without saying that many of these locations do not comply with the law. It is notorious that some of them are situated miles away from any indication of minerals, the miners having even gone down Into the valleys and covered good agricultural land with their stakes. These incidents are simply cited to Illustrate the tendency of newly-fledge- d prospectors to spread a blanket over an entire district, in the hope that a discovery may subsequently be made upon some one of the numerous locations. Such a practice results from Ignorance or disregard of the law, and it is hardly worth while for locators to expend the amount required for assessment work, as the locations are not valid. The United States statutes expressly provide that no lode claim shall be recorded until after the discovery of a mineral-bearin- g vein or lode in place, within the limits of the claim located, although it need not be shown that the vein is of such a character, with reference to size or richness, as to Justify its development The object of this provision was to prevent the appropriation of presumed mineral ground for speculative purposes, to the exclusion of bona fide prospectors, before sufficient work had been done to determine whether a vein really existed. It was to prevent the very practice that is now becoming in many districts, a practice prevalent that retards development and infringes upon the rights of the public. In a recent issue of the Mining Review it was stated that the Supreme 3 set in next month, and those who take advantage of the present depression will have no occasion to regret it. The San Francisco Chronicle has become as bitter, as mendacious and as untruthful a goldbug sheet as any lying newspaper jade published at New York City. One year ago this same Chronicle was posing as a leader of the free coinage sentiment of the West. Now it raves and rants against the free silver anarchists. The corrupting influence of a venal press is the chief reliance of the gold standard. Neither honor nor honesty could reasonably be looked for in the Chronicle, for it is owned by a notorious boodler and blackguard, but it is a calamity to The Reconstructed Exchange. public morals when such a journal That portion of the local public that achieves a position of influence. is concerned in mining stocks which The New York Financial Record embraces about half of the community We believe the market is on will be pleased to know that when says: the Salt Lake Stock and Mining Ex- the mend. It is not likely to go right change resumes business on August 1st, up, but each day will tend from now after a vacation of one month, it will on to cause an improvement and revive be under the brightest auspices for a confidence. The quotation of silver is career of usefulness. Under the consti- likely to lead the way to better times. The is in for an American poltution and by-laoriginally adopted icy, country the enhancement of the value of the exchange was not conducted in a manner entirely satisfactory to all, and our products, which means the decreasthe members have pursued a very sen- ing of the purchasing power of the Engsible course in the adoption of remedies lish pound sterling. for all of the alleged evils. At a In the reorganization plan of the Oremeeting of the active members, the constitution and by-lawere gon Short Line & Utah Northern railroad the total fixed charges and interradically amended, among the impor- est ahead of the common stock is placed tant changes being the following: The membership of the governing at $2,657,550. The system earned last board and of the listing and the mem- year $2,420,637, and has gained $333,535 net in the first four months of the curbership committees is reduced to five. The method of admitting new mem- rent year. If this rate is sustained, it bers is changed and the admission fee is pointed out that the reorganized fixed at $25. A majority of the voting company will be able to earn a dividend members will be sufficient to admit on its stock. new members. The DeLamar (Ida.) Nugget thinks The scale of commissions on stock train robbers will before long be shoutselling for $1 and under is about douing anarchist at passengers who rebled. A uniform scale of fluctuations was fuse to give up their money, or attempt to defend the express car. The train adopted, as follows: Stock selling at robbers will only be copying their lan$25 and above, 25 cents; below $25 and above $5, 12 cents; below $5 and above I guage from the goldbugs. Everybody is an anarchist, in their estimation, who $1, 5 cents. This will eliminate some of I the childs play that has been wit- refuses to submit to robbery. I nessed in the pit. An Administration that set aside the One of the most important and comChinese exclusion act, refused to exmendable amendments made was the ecute the anti-tru- st law, nullified the adoption of a rigid rule for the preven- - I Sherman purchasing act and trampled tion of fictitious deals, commonly I the laws of the land under rants known as wash sales. The penalty I about the lawlessness of foot, Demothe for such an offense is expulsion from I I cratic convention, which committed the the exchange. offense of executing the will of Col. J. W. Donnellan has tendered his I grave the people. resignation as president, but it is the hope of all friends of the exchange that I There are five goldbug papers in Colhe may be persuaded to reconsider his orado, five in Idaho, three in Nevada decision. He has taken an active in- - I and two in Utah, with another on the terest in the affairs of the organiza- - I fence. The free coinage papers outtion and given conscientious attention I number to the responsible duties of the office, I 16 to 1. the goldbugs by several times often at the sacrifice of time demanded I by his private affairs. His retirement I That was a bright silver Republican I would occasion general regret down in Kansas who remarked that The local stock market has become I the Republicans put William McKindemoralized, since the adjournment of I ley on the platform, but they put Grothe exchange. Many brokers declare I ver Cleveland in the platform. that it has gone to pieces, and all I look forward to the reopening as a I The first mail for Circle City, Alaska, harbinger of better business. A gener- - I under the new contract, left Juneau, al improvement in prices is expected to June 10th, and consisted of 1474 letters. ws well-attend- ws ed |