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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (March 18, 1903)
THE SUMPTER MINER Wednesday, March 18, 1905 The Sumpter Miner!; published eveny wbdnusday bv JAMUS LOOIE T. fi. (iWVNNI:, CMTOH fcnttrefi l lh pmtofrlce In Sumpter, Oregon, lor trantmiilon through the malts at uconj clati aiatiar. SUHSCMIPTION MATES Ona Year., Sli Month. ALWAYS IN ADVANCE. .$a.uo i.ij TIIK I'rospoctor Ih tho tiiimo of it now miniiift weekly which Iihh timdo Hh (appearance at Custer, Idaho. It Ih a neat looking shoot. TIIK mining concerns of tho Sitiiiptor district nro taking n emu moil hoiiho view of tho mutter In opposing tho petition for tho Intorvontloii of tho referendum in tho instance of tho Eddy and Portago IiIIIh. Thoy nro opposed to tho Eddy bill and havo a right to ho, but why combine tho two? Tho Portico bill does not ontor into tho situation. TIIK mikkosMoii of tho Western Mining World for tho OHtabliHhiiiont of a permanent homo for tho nutnl mid infirm prospector Ih a commend alilo 0110. Tho prospector in times piiHt Iihh boon an essential factor in blazing "" path of civil I at Ion on tho western trond of oinpiro, and ho nil 01 1 Id not bo forgotten in IiIh days of jiovorty, ago and decrepitude. A l''i:V wordH to HIiiHtrato tho position which Oregon holdn in rela tion to Itnolf, tho rest of tho United Htatos, tho world and tho Kt. Louis Imposition or lilOl. Oregon Ih in need of Iniproveinent, jiihI iih Ih tho rent of tho world possibly a little more In need of it than hoiiio other jiiiHh of the world. And If thoro was over a time In history when a ntato wan provided with a good opportunity to materially advance Hh interests, Unit time Ih now for Oregon and tho particular opportunity Ih the pros perlty that prevails over the country, ml tho Universal reposition of HI. LoiiIh in 11)01. IncreiiHing, newly created capital all over the United HtutcH in today hooking investments. The great divldendH of tho railways and liidiiHtrlalH euormoiiH dlvdoudri 4tii tremeiidouH capitalization must tiud an outlet for investment -thoy are looking forsiich an outlet. Lot Oregon, by a lilting representation of Hh resources, miueeral and agricultural, make them look thin way. It can do thin. What Oregon nocdn Ih men and money -population and cnpHal. That Ih what any ntato ueedH -Unit all states mint have to grow Htroug and prosperous. ut 11 Ih not. It fallri in not moling out iMiial treatment to all anil therefore vlolutcH one of tho IiiihIc couditiotiH of our govoruinout. It Ih a well known fact that mining corporatiotiH usually capitalize at a high figure and null their Htouk at a hiiiiiII per cent on tho dollar. This Ih popular and certainly no objection j can bo urged to tho method ; but for tli oho coucoriiH to pay a tax on their capitalization tho name as railroad and other corporations, wIioho stock Ih rated above par, Ih unjust to Hay tho leant of it. "When tho bill wbh loforo the loglHlaturo, I looked up tho number of mining companion operating in thin' county. Within the last four yoara 1H4 havo boon organized. ThoHo tlguroH aro exact, taken from th Hocrotary of Htato'H bookH. It Ih nafo to Ray thoro aro ono hundred coucoriiH wIioho homo olllcos aro not hero but who aro doing business horo, and another ono hundred organized in all time provioiiH to tho InHt four yoara making IIH4 In all. Their capitalization will average over ? 1,000, 000, at a low OHtimato, bringing in an ag gregate tax of over 18,000, and nlno toutliH of (IiIh will bo paid by itaker county and eiiHtorn Oregon mining companion. Therefore, while I favor an equitable corporation tax, I am opposed to tho unjust dlscrlm Inatiou of tho Eddy bill and will do everything in my power to bring about Hh Hcparato defeat through tho referendum." OPERATIONS AT MINERSVILLE. Hoist and Other Machinery Ordered and Development Work to Start Soon. MOVEMENT TO SEPARATE BILLS. (CONTINUlU I B(1M I'AC.I. ONI) follow and I thought by voting for the Eddy bill 1 would strengthen the Mippport of my own bill, which 1 may nioiuiou provided lor an approprintiou, in a measure counter acting the tax exacted by the Eddy bill from mining companion. "There Ih a demand throughout the Htttto, especially in tho farming districts, for a corporation tax, and 1 do not mean to ho understood that 1 am against the general principle of Hiich a tax, but I am decidedly opposed to any moanure which in ,'volven a discriminating tax as in the instance of the Eddy bill. If this tax wore settled on tho basin of tho actual capital in tho corporation or the market value of the stock, there would lie no serious objection to it. Tho Minmvlllo Cold Mining com puny Ih making preparations to start active operations the llrst of tho mouth. A (mint and other mahiuery Ih to be Installed in a short time and development work pushed. T. J. McWatty has just returned from tho east where he placed orders for tho necessary machinery. This consists of a hoist, two HO-horso power boil ers, and a HOO-gallou No. J) Cameron pump. One boiler will bo used for tho hoist and pumps and tho other will Im used In connection with tho mill. This machinery Ih now on tho way, and it Ih expected to havo everything ready for business some tlmo after the llrst of tho month. President Hergmau, of the company, states that ho is well pleased with tho prospects of tho property. FOR SALE A BARGAIN The well known Whitney House at Whitney, Oregon. Threostory frame building, two years old, well fur nished, new Double Mange, ofllce, barns, new flWO.OO covered Huh j ev erything goes; cleared $100,00 per month last year; owner going into other business; will soil for cash or trade (or cattle. For price ami terms see tho J. H. NicCILll CO., SUMPTKR, OREGON. MANN NG & WELSH REAL ESTATE INSURANCE AND INVESTMENTS We Have Some of the Choicest and Host Desirable RESIDENT AND BUSINESS PROPERTY IN THE CITY OF SUMPTER FOR SALE IP YOU CONTEMPLATE BUYING CALL ON US We Have What You Want. We Can Show You some Tip Top INVESTMENTS Where You Can Make Good Money. We Have Made Money Already for the People we Have Sold Property to. We Can do so for You. We attend to Assessment and other Work on Mining Property, and the Careful Attention to City Property for Non-Residents. We do a General Insurance Business, Including Fire, Life, Accident, Employers Liability, Health, Plate Glass and Boiler. GOOD BUSINESS CHANCES. LIST YOUR PROPERTY WITH MANNING & WELSH REAL ESTATE, INSURANCE AND INVESTMENTS P. O. Box X. Phone No. 49$. OFFICES HOTEL SUMPTER.