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Show DNTAIN MINING REVIEW. INTER-M- O .venient one for both companies. The can earn $200,000 per annum, and it ual terms of the contract are that would seem that a ready market exists electric light company is to be sup-- , for light and power now, some 27 cond with all the current it can dis-- j cerns using over power. of these and electric establishments Many power, work of for lighting power and under, every day the entire year, and their units of Big Cottonwood company reserving steam power has cost them $1)0 to $145 t right to supply power to motors in per horse power per year. , ts exceeding ten horse power, and In Free Silver Mexico. t right to reach such wholesale users power by wires erected on the electMexico is upon a silver basis. The s light companys poles, throughout the districts within the city limits. advocates of free silver coinage in this fi contract dates from January 1, country contend that, in spite of many 1 and runs for a term of five years. obstacles to industrial and commercial advancement, her monetary system has rl e conditions are that the current is three-phasat a brought about a period of unexampled .ught at 2000 volts, simulated price per k. w. hour, which prosperity, while the gold standard ;il be used to supply electric light and press declares that most depltrable con- ico, about five years ago, silver was nearly at par and Mexico was then c, . 2000-hor- practically upon a gold basis. But a great change has been brought about during the last four years, owing to the fall in the price of silver, and the country is much more prosperous now than it was then. Manufacturing has been greatly stimulated and more foreign capital has been invested during the past five years than during the five silver years previous. Although has fallen, the purchasing power of the Mexican dollar has not decreased, except in relation to the products ci gold standard countries. Manufacturers who operate upon a gold basis cannot compete with those who operate upon a silver basis, and the ef- - se ten-hor- se , -- e, - - 4 . ' yip" t 4 V. v. ' ,,..1 .. v ' s ' ' xy A .. 'V, - 'v V'V ,. ' t.'Si 4k , 9 - f ... ; '' S V ' , GENERATING ROOM Big Cottonwood Power Company. power for any purpose up to and for elevator service up to any limit desired by the lessees. Tw million units annually is the minimum limit of the consumption of current. ije future of the company seems to bo assured. The companys have been so well administered tlmt much more than half the power developed has already been disposed of absolutely, and the guaranteed total rev iiue from completed contracts is ,v $100,000 annually. Although tin (:il: i;iny is confining its operations for ihe present to the Stairs supply. 3 other valuable water rights y developed by means of which it 0 a any time largely supplement b- .tput. At the present the "Stairs PUr at the ruling rates for current, power, f af-fa- bs 4 ditions prevail. So conilicting are made that the labor unions of this country have sent several delegations into Mexico, to investigate particularly the effect of the silver stand-ar- d upon the workingmen. In view of the controversy now being waged, the experience of a Salt Bake corporation is of interest and importance, as it has for several years employed a large number of hands, including both skilled and unskilled labor, native and American. The company referred to is the which has for foui years been operating a cyanide plant at , Minas Prietas, Sonora. Mr. K. (5. treasurer and manager of the company, in speaking of the effect of the silver standard, said: When T first visited the City of Mex- tin-statement- s ten-hor- se Pan-America- n, Itog-non- fect of present conditions is to stimulate home industries and to discourage importations. Foreign imports have greatly diminished during recent years. Those things that have not been produced in Mexico have advanced with the fall in silver, which encourages greater efforts to produce those articles. I have always been of the opinion that, were the United States to adopt free coinage, and silver did not go to a parity with gold, this country would be in a much better position than it is at present. I have based this belief upon the result of my own observations in Mexico. The same conditions that exist there would be produced hen, and it would be of much greater benefit to our manufacturers |