THE SUMPTER MINER
Wednesday, January i?t 1904
L1
The Sumpter Miner
OfFICIAL PAPER OF THE CITY OF SUMPTER
tbat supports
figures.
them with an array of
.fUBLUMBO'BVIBV WEDNESDAY BY
J. W CONNELLA
T. C. (iWVNNn.
EDITOR
Entcrta al lh pottofflca In Sumpttr. Oregon, fur
Innimlvlon through th mtlli at icconJ clatt
matter.
SUR1CNIPTION RATH
On Vcar J,.oo
alx Monlht i.jj
ALWAYJ IN ADVANCE.
A Denver disputed states that in
(ho chho of the Strutton Independence
Mining company, of London, iiKalust
tlio oxoctitnr of tho estate of tho late
Win field H. Stratton, tho Cripplo
Croak millionaire, claiming 80,000,
OOO damages for thn ullogod suiting
of tint Independence mine bofore its
Hiiln to thn English company, Judge
itinor, in the United Status Court,
tuts decided lor the estate.
The financial condition of immi
grants arriving in New York aurlug
tho mouth of November is shown by
tho follewing:
(Jormaus Total 5,882; had 800
or more, 1,271; had loss than 850,
2,000; total cash shown, 82o7,25J ;
averugo per head, 84 4.
Italians (South Italy) Total,
9,550; hud 850 or more, 270; had
less than 850, 0,100; tntnl ensh
shown ,8108,522; average per head,
812.
ilebrows Total, 7,005; had 850
or more, 448: bad lew than 850,
.'1.388; total cash shown, 8148,102;
average por head. 820.
It is not probable many of these
peoplo with such limited means will
strike tho glorious west at any early
date.
The only possible- chauce to secure
the repeal of tho obnoxious Kddy
law is for eastern Oregon to elect
tnon to the legislature who will
lilodgo themselvsves to stand together
on all impottaut mutters, thus be.
onrnlng an Importuut factor in shap
ing legislation and force tho Wil
lamette valley truck garduers and
Portland farmora to voto for Its re
peal a aort of staud and deliver ex
change of oourtosies, as It were.
According to reports from the
tnlnea lu the Ooeur d'Aleuos filed the
tilst of the year, the silver and lead
tiroduned during lHOH was worth
411,600,000 at Now York prices, an
increase of thirty-three per ceut over
the output of tho' previous year.
The silver alone was worth 82,000,
000. It Is believed that the pro
duction in the Hump tor district for
the past twelve mouths hus shown a
liealthy Increase, but thoru is no way
of getting at the figures. If tho
facts could be known, It would hnve
i wholesome elfect toward bringing
oapital here. Hut it seems they can-
not, and there Is little use to pleach.
The total value of the gold produc
tion of this country, including Alas
ka, for liKKI, according to tho report
of Director Itoberts, of the United
Whiten mint, was 874,500,000. This
is a falling away from the previous
year or about 85.500,000. The de
cline, however, Is due to the miners'
strikes in Colorado. The decline In
output here alone more than equalled
the general shortage. Colorado's
yield fell oir nearly 80,500,000.
Had It not boon for this, the your
would have been a record smasher.
The report shows that with the excep
tion of lOOII, the gold output hus
increased regularly since 1 HIKI.
The discovery of tho cyanido pro
cosh lu tho treatment of low grade
gold ores led to the lioor war In
South Afrlcu. A concession to Bus
sia to cut tl rubor lu certntlu sections
of Korea will probably bring on a
fight botwuen Russia and Japan. And
thus it has over boon. Tho almighty
dollar, lu one form or auothor, has
boon the fundamental, roal causo
of ovory war thut hus dronched tho
earth with blood lu all agos, among
tho savago tribes as well as civilized
nations. With tho latter, of course,
it has boon necessary, in ordoi to
arouso popular enthusiasm, to mako
the mob bolieve that some sacred
priuclplo was Involved; to work
tho altar and flresido stage business.
Russia needs a licking now, as Eng
land always has and aa the United
States probably will at no distant
day, as we are getting to be a trlflo
gy.
come a steady and profitable pro
ducer. While the early tales of the Thun
der Mountain country may have been
marked by exaggeration, the ne dis
trict Iirs done as well as could have
been expected under the circum
stances. It is now generally agreed
tbat permanent bodies of oro exUt
aud extousivo development Ib only a
question of time. The inaccessibil
ity of tho district has been one of
the greatest drawbacks. It is dlffi
cult for people to get into it, an 1
the transportation of supplies and
machinery la laborious and expensive.
Considering the obstacles oncoun
tered because of Its remoteness, the
progress made in the last two years
Is decidedly creditable to those who
havo beou Identified with the devel
opment of the camp.
Superintendent Kliburn, of the
state banking department of New
York, lu his annual report to the
legislature takes a stand against tho
one man management of banking and
refers to certain banks which havo
closed recently on account of the
directors shlikiug tboir duties aud
allowing a sluglo officer to inn the
business. He Is quoted as saying:
"The 'one-man' bank, Is not an
institution to bo encouraged and di
rectors who accept a trust Bhould bo
compelled to give some Bort of atten
tion to its obligations. Tho practice, ..',.... - . ,
, . ., , , wnuuiiui in nuu vuiun
leuumuiutiuuii wouiu serve aiso
bore
view of the situation, and thinks a
war would menace our industrial in
stitutions. In this country sympathy leans dis
tinctly toward Japan, although there
is no likelihood of our mixing in
tbo quarrel. Business interests nat
urally favor Japan, since she favors
the preservation of the open door pol
icy. Estimating the effects of a Rus
sian victory, the Now York Commer
cial says:
Victory to Russian arms would
mean dismemberment of China, de
struction of the Hay open-door pol
icy, and allow Germany to fulfill its
territorial acquisition appetite, whilo
France would be free to help itself to
the whole Yunnan province. Eng
land would fare badly and would
have to see its trade prestige wrested
away by the voracious expansionists
of St. Petersburg and Berlin. Ger
many, indeed,, has been rendering
silent support to the Russian Mau
cburlan depredations. It gave its
support to the Hay convention with
a grimace, aud never took steps to
enforce It, but, on tbo contrary, to
belittle, as witnessed by tbo stealthy
advauces of the German railway con
struction in the Yaugtse sphere.
"Why should the Unltod States
mix up lu this quarrel over the Far
East?" suyB an officer of one of the
great elocrtrlcal exporting corpora
tions. "Our commercial Interests in
or Corea are
remoto propositions, and we would
n tliola 1 I lAittU lYottAW InfnlimAil
,........ i. ... ii a i il i u i not " justified in risking life and
concerning the affairs of their banks, i ... , .. . .. ..
.,,,1 ,.,. ...i i..-. .. ' Imunltlous lu the strife, even If Eug-
M iOIOUb IUHCD I4UU
and thus tend
to mistakes of judgment, or to In
duce leniency with debtors by ad
ministrative officers."
The vlewa entertaiued by the ex
porter! and Importers of this country,
regarding the effect of a Russo-Japan
war upon trade, are strikingly at
vanauce with those held by Wall
A dispatch from Helena estimates I street. The trades people are unaul
Montana's mineral production for nious in their opinion tbat a war be
Tho grenter part of the large for
tunes In this country were started
from investment in gold aud silver
mines. From the time of discovery
to 1003, the United States has pro
duced 82.3110,1,00,000 iu gold; Mex
ico at least 8181,000,000, and proba
bly twice as much silver and British
North America, 814 2,000,000. The
dividends piiid by gold and silver
in in ox nio greater than the dividends
laid by all the bunks in this country,
mid the dividends paid by copper
mines are greater thiiu the dividends
imld by ull the railroads of this
oountry. The authority for these
utatcmeuls is the National Hunker,
1003, as follews: Copper, 825,
000,000; allvor, 80,000.000; gold,
84,000,00u; lead, 81,000,000; to
tal, 8:10,000,000.
Tho year just closed, it states, do
spite several shutdowns, has beou a
romarkablo one in tho history of
mining in Montana. Thoro will, be
cause of the two long shutdowns of
thn immeiiso Amalgamated proper
ties, bo a fall ng off In the produc
tion of copper and silver (silver bo
iug mined chiefly as a by-product of
llutto copper ores), but a substantial
inrcroHso in mo goin ouipui is i
shown, the ost limit e for this metal j
being 82,080,395, against 81.70:i,-
2!I2 in 1002. In no year slnco the
discovery of wild iu Alder gulch in
1803 bus thoro been so much activ
ity lu mining iu Montana. For this
several reasous are ascribed, chief
among them being the adaptability of
recent discoveries to treatment by '
tho cyanide processus, tho increased
value of silver aud lead, aud cheap
power from tho Missouri dam.
tweou the two countries would not
iu any way Impair commerce, but on
the other band have a tendency to
ward stimulating the consumption of
Americau manufactured aud agricul
tural prodicts, especially iu the in
stance of the nations at war. Wall
at root, however, takes an apprehensive
laud and other European countries
should be Involved. It would be
hard on Secretary Hay to have his
open-door policy smashed to bits if
Russia wins, but Japan is taking up
the fight for the open door, and Inas
much aa its Interests are much mora
a matter of life and death in the
maintenance of Corean Independence,
free porta in Manchuria and opeu
doors, let Japan fight It out. All
we can do la to give Japan a moral
support, and, so far as I can hear
from my business associates, Japan
has all our sympathies, both as a na
tion aspiring to the highest civiliza
tion, and as a power not poisoned
with the selfish aims and nrorose con
ditions prevailing iu Russia."
How to Get Interest
A. P
If you wish to deposit money for a specified
time aud get interest, bring it to tins bank
md take one of our Time Certificates
BANK OF SUMPTER
SUMPTER, OREGON
GOSS, PrttMent anj Cathltr Svdnbv S. Foster, Aitt. Cathltr
The Thunder Mountain mining
district hus not developed us rapidly
us was anticipated during tho tlmo of
tho first excitement, says the Spokes- (
miiu Review, but there is no doubt
that it will become n permanent
camp of considerable Importance.
Three hudured people are wintering
iu the Roosevelt section, largo forces
of men uro working on to of the,
best properties, aud tbo output ofi
bullion is said to be greater than j
ever bofore. Six stamp mills aro at ,
the end of the road, waiting to be
taken into the district, when better 1
trauspurtutiou Is offered aud, wheu
working facilities have been pro-!
vidvd, the cump will probably be-
(a4T
OF SUMPTER
Capital Stock
Surplus, $500
$25,000
orriccRsi
J. B. STODDARD, "resident
ED. W. MUELLER, Viae-President
R. H.IMILLER - - Cashier
H. S. OURGAN Assistant Cashier
Safety Deposit Vaults Gold Dust Bought
Does a General Banking and Exchange Business
1kSstMaatilM