:k ss h $ mi
M TIIKAIIVKIITIHINU MltlilllM
NKAT Jon I'KINIiNQ
i(& w & & $1
oRaaensaisstaaBeaaasaoiest
( Devoted lo the Mining, Lumbering mid Farming Interests of till Comtuunity.
COTTAGE GROVE, LANE COUNTY, OREGON, WEDNESDAY JANUARY 18 , 1905.
VOL. VI
NO. 59
8 ,
LEGISLATION ASKFD BY
OREGON MINERS' ASS'N
To Give Oregon Miners the Same Friendly Recognition
ind Encouragement Conspicoiis in all
Rival Mineral Regions.
EDDY LAW WILL NOT PREVENT FRAUD
II Retards Dcielopinenl of l he Nines, Drives Investment Capital
the Slate mid Should He Amended This Scssidi
of the Legislature.
I'rom
1). It, DODSON, president of tho Oregon Millets' ftmouhition,
ill llio boiioit ill the executive uiiinimllco, Mm iiroinirud i
switoiuiml showing tint (ilTocl uf tint Kddy corporation luw on milling ho
fir iih may ho determined from tliu records, and presenting llio argu
ment of mining interest for an amendment. The statement shows that
milling cciuiiatiltH pay ImL little Iih than ono tliinl of tITo entire corpor
n'iuu tax. mill hold that tliu uiimll company ol tlio mining industry bears
most of thin burden. Ofllcors of tint association show Unit tliu law hint ,
no tendency to decrease capitalization, nor to suppress companies opera-j
ting 011 illogiiiMlu plans. A portion ol tho articlo rends iih follows
"Von will nolo tli nt Oregon is tho only prominent wimtern mining!
stole with 11 liftivj i'irioriition tax on mining eoinpiuius. You will also '
linlu tlnil llll .lllmt' liriilitiltiilif Itf.uitnrii iitlttilw. ultilnu liriv. Im.-u f.wlf., n .
. .1 1 1 . 1 .1 1 , hikiiuIm thousands of dollnrH advertising her mines. Idaho has a stale in
...... .ic.,.....K.nK me imnmiu iim.siry. wregu.i uemg me muu .. iBi.wur.1 '.,. ... .:.., wim maI.nH ooml)l,..n ,,mlal roI,or.s Mat.,, routm-flM
1 1 - 1 1 - -
! mid holim tliu miners at all titnen. Coloradu has an advanced system of
mining laws, mid appropriates many thousand dollnrH annually for the
mining school aud publicity work. Now Mexico fosters the industry,
with no corporation tax. Arizona givos every pussiblo onoouragemcnt to
capital nud has unnclod an especially lluxihlo corporation law. Nevada
and Utah both give as much stuto attention to miuiug as other industries.
South Dakota has n Htato inspector and suppoita his excellent publicity
woik. llritish Columbia has gono bo far an to provide a bounty for eer-
1(1 v j tain iniiio products, and enacts many laws to encourage the mineral in
dustry.
I ....111 ..r 1 .... 11 .. 1...H.11 iu :
KUbllii 11 1 uiiv ill iuimjiiht, unit nuuii nn lb uiukih 11 i.uiiiiuii, jmiib iii i.m-
chinary or patutilH a vlaim, miiHt pay as high a ralo of propei tv tax km
any other Inlet ot of Uio stale. The tologrnph coriiniiy in taken merely
in an illimtratiiiu. .Some of tho companion onrniuK the huHVivot dividends
pay iiHM undvr the corporation tax provjuion than n ininilig company
which Ih merely buying thn privilege of putting money into tho ground
to develop a latent rcmourro.
IIMIII VAMTAU.ATIO.N NKI:l'KO,
"If it In argurod that mining coiiipsnioH can lower capitalization, we
only have lo Hay that mining companies orerywlmre, itt Oregon, the
norlhwimt, thn untiro went aud the whole world do not do it. Men who
Imvo Hpcnt their IIvch in thin work, honestly, patiently and oxelumvely,
think thuy cannot attain kiicIi hik-iiohi with lovv onpitiiliitHtiini ah with
high, The judgement of those who give their Ifvm to thin workonici.
cnlioiiHly an tho ilovotooH of other indiiHtrien, should bu given greater eon
slilciatioii by you than llio judgoment of tlicwu who do not know i-on.li-
tnnw uf mining from life putHilil. The high corporation Ux, lunleii
1 home iih it is to mining, has not ditcroanod the averagH OHpilAlmitioii.
I lint 'JH milling nompauicN havu docreiiHod their oapililiivitlou in two yearfr,
I i(nd onlv 111! went out of business. If a high corporation tux applied to min
ing companies lie contiiiiicil.it will not have tho effect of dccioftMiigcepital
, ijitioii.ljiit willdrivumcn and monuv out of the businosin Oregon, hi it. has
andlsdoing. If tho legislature thought a capitalization tux would prevent
I fraud we can show where sumo companies with tho most chimerical assets
haveorgaiiizod with enormous capital stock, ami advertized the fact thntthey
I paid thn corporation tax as an evidence that they had beoii inspected and
met every requirement of legitimacy. This js a foaturv which wo present
for unprejudiced consideration, and would gladly present facts in sup
port thereof.
OTIIKIt HTAIKH All) MIMN'll.
"Oregon's sister states hno no such measuro as (ho Kddy law for
mining companies or others. None impose such a tax, and nearly every
mining state contributes largo sums nnnunlly to help tho mineral indus
try. WiiKhlngton has n state inspector nud geologist, who control health
conditions nud pnblult mineral resources to all tho world. California
appropriates many thousand dollars annually for an cfliciout bureau of
mines. Montana has an clnboralo system of laws helpful to iniuing And
CONFIDENCE RKEWADED.
Tis becoming more apparent each
sueccoding day that Ooldfield
and Touopnh linvo not a monopoly
of Nevada's gold. .Searchlight, in
the .southern portion of the state, is
easily dividing the honors witli
those two other camps. It has
taken some four or five enrs 10
deiiioiistiate .Stnrchlight's wenlili,
but the frtot is now beyond ail (pies.
li'Daiid apimredt to every one
The row of the (jmirlelte ,
pauy may bo citwl in illustiaiioii
That coinpmiy lias guue siHalil .n
with its work, looking neilli-r il.
right our to the loft, nor iIihii, iw .l
at any lime with the compurutiv
Hinallness of gold production to cup
iinl invested, llio diroctois were
willing to bido their time, feeling
assured that I lie y were in the nos
MMsiou of ore bodies that would in
good time give them good returns
upon their invontmeut. Nor have
they beeu disappointed. Within
the last (10 days the company has
declared two dividends of $20,000
each, with every prospectthut those
are but tho forerunners of greater
ones. Los Angeles Mining Ileview.
BOHEMIA SCENES
the
of the great mineral sisterhood. If it is not llio dosiro to repress mining
and drive investing capital from tliu statu to other commonwealths pro
grussivu enough to invito and encourage investment, we ask the legisla
ture by nil means to give Oregon's mines viiuh unhampered opportunity
us oilier states alTord. If it is tho desire to foster the industry in this
stitle, wu ask the Oregon miners bu given tliu same friendly rroogtiilion
mid encouragement conspicuous in all rival mineral legions.
MINIMI'S Hf.AW TAX.
"Secretary of State Dunbar cxirtH that in two joins of the I'
corH)riiliou law above fl'.U.OOO has been collected in initial fee mid an
mini license, or fllfi.tXX) u year. Of this total J8.;l!tl was fur tho initial
feu on companies organized in this state and entering the state for bus
iness, leaving Jt.tll.OOO that was collected for annual licenses. The
ill!'.) initi.il feu is m ule up of f 'JoilKi on companies organised in Oregon
for gain. for educational or charitable concerns, and I'J.irift for , y interested to investigate."
companies urgiiniod elsewhere and entering tho statu for business. I ;
hnvp personally uxiimined this rucord, and find that thero wero about MO ' ICING SOLOMON'S MINES,
companies that paid the initial fee, of which 82 weru milling concerns
which pay 57,0:i;l, or slightly losi than n third of the total, and that ofj"PHH mines of King Solomon,
tliu 2fi(l companies entering tlm statu (!:i weru mining ooncerns and pni 1 R- song and told of in psalm
S'.l,122 of the $12. 155 derived from this source Tlw-o tlgurm show thn' and story, have boon found at last,
mining companies paid $111,125 of tliu total . tj derived ft on initial , The country meutimiud in the Uiblo
tux, ' as the land of Ophir, whore tho
'Thiwu tlgures alone show tliu glaring iiiuiuit against mining of ac- gold was so plentiful that Solomon,
cepting n capitalization Imsis for n tax. That an industry struggling , when the imperial treasury ran low
with all possibl'i energy to establish itself should bear snob monnlroui 1 or there was a now templo to bo
porporlion of u corporation lax needs no comment, unless it is thu willful decorated, had to but order tho
purpose to siippri-ss mining. ' captain of tho palaco guards lo tnko
tax on an i.xi'iinkk. I an army of slaves and bring bnck
"I especially deBiru to compare results. The theory of tho corpora-1 sueh wealth to tho tomplo ns novor
lion lax has bcon sniii to roach companies doing business in tho stato'n Itockofollor or Morgan droamod
through the bounty of and Oregon franchise, and which havo littlo tang- of, lies in tho northern part of Itho
iblo property for assessment, or tho proportion of property assessable is 1 dosia, in tho country of tho groat
not in keeping with profits earned hero. Viowing tho secrotnry of tho Zimbabwe, if tho goncrnlly accrod
Htato'H repoit, I find tho Postal Tolograph-Cabln company tiled articles of ited reports of II. W. Hall; 1 It. O.
incorporation for n capital Btock of $10,000, gaining tho privilege of do- , S , an Kuglish archaoologist, nro to
ing business hero for thu initial foo of $15, nnd iinnunl liseuiiso of bo taken as truo.
$15. Tho nvorngo mining company, ns at prosoul, $100 lo $125 initial Mr. Hnll has but recently ro
feu nnd $100 to $125 iinnunl liceiiBO. Tho tologrnph company docs an turned to London nftor two yoars
enormous business, nnd lins littlo tnngiblo inlorcsts subject to tax. Tho spent in dolving into tho ruins of
mining company must spond money from two to fivo yoars Rtoadily boforo what is supposed to havo boon tho
GREAT CLEARANCE
SALE
''Everywhere except in Oregon is prououucod oucouragemeut, and
only here is the industry grievously handicapped in its striiggJijjK staBe.
Ample data supporting all of this argument is had by the Oregon Miners'
association, nnd will gladly bo placed at tho scrvico of nny ono sufficient-
0 00
Paring the Next Two Weeks
We will oiler bargains in all lines carried
in our stock
110
i
city of Ophir of Iliblical times. His
researches havo settlod to the satis
fiction of nil scientific men tho
miiios of King Solomon nnd tho
wealth of tho kingdom over which
ruled the beautiful queen of Shoba.
In tho ruins ol tho old city Mr.
Hall lias found evidence of n wealth
of gold boyond tho dreams of the
many who havo lost life and reason
on tho bauds of Sahara, and the jun
gles of Masonaland searching for
tho gold of Ophir. Apparently gold
was thu, most common tiling in this
city.
Thn floors of tho houses weru
built of it, tho utonsils of tho home,
cooking pots, drinking cups, food
bowls aud knivos wero nil inndo of
tho precious metal. All tho orun
tnonta found in tho ruins of the
buildings nnd tombs nro of gold nud
of excollout design nud miiko.
Tho oxistenco of this wonderful
city of ruins in thn heart of Afric i
was first known in 1510. In that
year Arnb gold, ivory nnd slave"
traders found tlioir way into this re
gion nnd brought back tnlos which
tho early l'ortugoso hoard of nnd
gave to tho world. Then tho ruins
woro mill standing nearly intact,
but no white, man oror ponotrnted
iuto tho couniry to gazo upon them
in this state. From thou the ruins
woro lost Bight of until in IS (IS,
whon Adnm lloudcrs, tin intrepid
elephant liunlor, following his nntivo
hunter far iuto tho coutineut, re
discovered them, lly this time tho
Bauds of tho dcuort, carried by the
wiuds of hundreds of .years, had
6wopt down upon thorn nud buried
thorn.
UETTEK PROCESSES.
X exchange in an article has
the following to say about
investment of money and the
steady price of gold:
The bank statements show re
sults never as yet experienced in
our financial history. The millions
that are piled up in the banks and
trust companies must sooner oi later
overflow into some kind of activit) .
They cannot be expected to go into
combining companies into trusts,
as was done by Mr. Morgan and
his imitators in recent years; for
there is still a surfeit of such corpo
rations aud their "indigestible"
securities.
THiy cannot go into -rMlrwd
building to any great extent; for
the trunk lines are all built aud
their owners (who either control the
banks or are by them controlled)
are naturally adverse to new com
petitive systems; yet extensions and
railroad improvements will doubt
less continue to absorb much cap
ital. It would seem, therefore, thai
mankind must apply n large amount
of activity and capital to plunder
ing the earth i. e., to mining. In
short, great activity is looked for in
the mining industry, not especially
in a speculative sense, but in the!
field of pure investment, inasmuch
as the industry is now on a purely
scientific basis, as is evidenced by
the fact that with improved pro
cesses twice tho amount of gold is
extracted from the same kind of ore
as was 20 years ago. While this is
true, the price of gold is the same
and in no other busiuess can the
result be shown of the stationary
price of a product when its cost of
KNOWLES Ol GETTY'S STORE. BOHEMIA
production is kssencl 50 per cent,
or its amount increased 50 per cent
at the same cost."
Chiefly Ironical, Though Partly
Zinzical.
N a few days the mining and
I
informed quite probably that the
"spelter" production of the western
states lias aggregated millions of
pounds. Western statisticians have
a habit of figuring metallic content
of the less valuable minerals at the
top price or the average price paid
for that metal in the New York
market, thus ascribing to the stale
the value thus secured. The first
offense of this character is reported
from Utah this past week, where it
is gravely stated that the spelter
production ot that state was 13,394 -000
pounds, valued at $.0547 per
pound or $822,651. inasmuch as
the state lias no zinc smelter within
1 boundaries, aud ftifps most of
its ore to the Kansas gas belt or to
Europe, it is unreasonable to declare
that its zinc production reached
either such tonage or values. It
tniy be remembered that some com
ment was made sonic months ago
iti these columns upon this method
of reckoning zinc values, which
would place the value of the zinc
ore produced decidedly higher than
it actually was. The Colorado pro
duction, as reported by the public
press last Xew Year's day, was so
valued that if the Jopliu district pro
duction be estimated upon the same
basis, that .district alone would
have produced more "spelter" than
was proJuced in all the United
States. To secure a more satisfactory
estimate of the western zinc pro
duction values, estimate the total
value of the tonnage produced by
G1
Oreilon Securities.
ENKKAI, Manager Wood of
the Oregon Securities Min
ing company recently returned to
the city from a visit to the property.
When asked as to the progress
being made, he stated that levels
were being driven 011 the Champion
ledge in either direction from the
main tunnel, aud that everything
was moving along smoothly and
the values in the ore were very
satisfactory.
George W. Lloyd, of the Crystal
Consolidated arrived from Seattle
on Tuesday. He has gone to the
property to investigate and see for
himself the recent strike of ore
made in the upper tunnel. Mr.
Lloyd expects to remain in this
vicinity about two weeks.
Al Johnson aud A. W. Ztniker
came to the Grove after doing qnite
an amount of work on the Big
Rock group of claims recently pur
chased from F. S. Day etal by W.
A. Wann. They report a fine
showing.
Ed Jonks, superintendent of the
Vesuvius mine at Bohemia, spent
several days in the city on business
matters. He reports everything
all right.
Albert Ziuiker reports a good
seasons work on his Mineral King
group in Horse Heaven Canyon,
close to the Riverside property.
Some months since Mr. nnd Mrs. H
K. Ijiuiler left tills plnco for Tono-
pnli. A letter Justrecelved from Mrs.
Lander iisklnilmt the nddroBS of tho
NiiKKet be chunked from Tonopnh ts
(iold Field. She stntes they have
using $12 as a multiple, that beiug been there about four months nnd
a high average value of the zinc nvo swn tne town grow irom nnouv
, . r . .... 2.000 Inhabitants to something over
content of the western ores handled a(1(U tev ,m, w, aDli
111 the Kausas district this yoir. :,,r0H,H.rolM: They fend kind regard
end and Zinc News. ' to their many friends hero.
Carman, liemenway Co.
Ncwlou Coming.
Through the efforts of tho Cottage
Grove Coiiuncrcliil club, the famous
humorist, Prof. O. II. Newton Iuih
been Induced to visit this city on the
evening of February 11, when ho will
give 0110 of his lute rcstliig.ltiBtructlvc
nud hnigh-provoklng lectures. To
hear Profoor Newton once Is to
wish to hear him again, and it is
predicted that he will bo received by
one of the largcHt houses yet g it heml
In t'ottngt) drove. Already llfty
tlcketH havo been spoken for. The
tickets will bo put on sulu In a few
days, Itemomber tho diitc February
11.
t
I
-ft
1
tfi
A SALE TO SELL ALL
A T
ONE
THIRD
re !
OFF
I DETERMINED TO CLOSE THEM ALL OUT;
See the values at 75c, $1.00 and $1.50