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Goodwin's weekly : a thinking paper for thinking people. [volume] (Salt Lake City, Utah) 1902-1919, December 10, 1910, Image 2

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Persistent link: https://chroniclingamerica.loc.gov/lccn/2010218519/1910-12-10/ed-1/seq-2/

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I 2 GOODWIN'S WEEKLY
I The story as given at the time was that when the
rails were Anally connected, Mr. Durant of the
, ti.ion Pacific drove a silver spike and Governor
Stanford a spike of gold, and so Mr. Hill said the
picture was first painted. The picture also con
tained the likenesses of 400 people; the faces of
Hi seventy having heen painted from photographs.
Hi It was at last outlined and Governor Stanford
Hi went to see it. Mr. Hill Was a famous artist, at
Hi first as a portrait painter, then he commenced
H painting scenery. His "Yosemite Valley," "Wav-
H erly Oaks," "Mount Tacoma," "The Muir Glacier,"
H'. and other great paintings attest his merit. "The
H Driving of the Last Spike," he intended as a mas-
M terpiece.
H When Stanford saw the picture outlined he
H was not satisfied at all. Mr. Durant was repre
H sented hy Stanford's side, each with a hammer, at
H which Stanford in his most impressive tone said:
m "Nobody has a hammer but me, you have given
B him too prominent a place." Hill said he spoke
m of McCreUish, editor for years of the Alta, Cali
m fornia, having a place. With flashing eyes Stan
di ford asked excitedly, "Have you got that man
H in?" To which Hill responded, "Yes, and it will
M not be well to leave him out, being the editor of
B a paper, he will annihilate me;" to which Stan
ds ford answered: "I will annihilate you if he is in.''
Hj Then it was decided that Stanford's brother, A. B.
H Stanford, should be put in the place saved for
m McCrellish. Then Stanford ordered his enemies
m relegated to the rear and his friends put in front,
m some of whom were not present at all.
m At first Stanford had complimented the picture
H, warmly and said to the artist that he could al-
most imagine himself on the spot. Then he be
M' gan to criticise and ordered Strotridge to be put
H in Durant's place (Strotridge constructed the
H road). He ordered Dr. Harkness and Stillman
H changed. Stanford first ordered Towne taken out
H altogether, but on Hill's pleading consented that
B he might be placed in the background. Ho finally
H ordered Durant's picture placed where Mrs. Stan
B ford stood and Mrs. Stanford by his side. He or
H' dered out Colton's picture and added, "You can
V place Senator Sargent there." (Years after the
H road was finished, Mark Hopkins Jhe brainiest
K one of the Big Four said that the road was made
Hi possible by Senator Sargent; that the company
H' . would bo glad to reward him, but he would never
H accept anything. And yet Stanford with his
R money, beat Sargent for United States senator
H' when Sargent wanted the place.)
H At last Stanford would not take the picture
H1 that he had ordered. The artist finally died in a
H little home he had in Yosemite Valley. His son.
H Robert R. Hill, makes public the foregoing.
THE message of President Taft is about the
ablest paper that has emenated from the
' White House for several years. Every
H word of it should be read, for it is altogether
H worthy of study. The two most important sug-
H gestions in it are the appeal for a new and com-
H prehensive financial system, and his appeal for
H legislation that will begin to re-create our mer-
H chant marine. No synopsis will do it justice,
H it should be read as a whole.
ALMOST unnoticed has passed the news of the
death of Major-General Wesley Merritt,
H who died in Washington last Saturday;
H though as a soldier he ranked right up by the
H side of Custer, Crook, and the other immortals
H who were young officers in the great war of the
H rebellion. He earned promotion after promotion
H for conspicuous services in battle at Gettysburg,
H Winchester, Fisher Hill, Five Forks e jrywhere
H and finally at Monitta. He was a great soldier.
H France has a tariff on balloons. So polite a
H nation should fear no competition in the manufac-
H ture of hot air.
MINING AND FINANCIAL
A slight illumination of one of the historic
mysteries of Utah took place at Nephi last month
when a Tintic miner sued some Salt Lake brokers
for $14,500 alleged to be the value of a "tip" on
the discovery of the Colorado vein in the Sioux
Consolidated shaft. James Morgan, according to
the allegation in the complaint, is the man who
gave away the big secret and thus enabled a few
outsiders to share in the voluminous profits that
As a reward for his loquacity Morgan was to be
accrued from the subsequent rise of the stock,
carried by the brokers for a large block of stock.
The broke ? got the stock for him, but they sold
it out before the advance reached its maximum.
He sued for the difference in the profits made and
the profits that would have been made if the In
vestment had been nursed along for all it was
worth. Sad to relate the Morgan suit was settled
out of court before the judge had a chance to
pass on the legitimacy of mining tips. It would
be interesting to learn from the bench whether
inside information is a marketable commodity.
The writer has often expressed the opinion that
it should be made so by statute if it is not al
ready recognized as such by the interpretation
of common law. As a corimodity it would be
rightfully the property of stockholders and com
pany officials would te liable for damages for
withholding it.
About four years ago there was a dull- sick
ening thud on the Boston exchange which proved
to have been caused by a drop of ten dollars or
so in the market of Utah Consolidated mining
shares. Subsequent investigation brought out the
fact that an estimated increase in the cost of
copper production was the cause of the decline.
A similar market phenomenon last week is at
tributed to a report that the supply of ore in the
mine is much smaller than was indicated by ear
lier estimates. J. B. Risque, the then manager,
estimated the tonnage in sight three years ago as
ample to maintain the prevailing rate of produc
tion for seven years. Last spring a calculation by
a well-known engineer cut the visible supply down
to sonfething more than a million tons and now R.
H. Channing, on resuming the management, is un
able to find more than 300,000 tons that can bo
shipped to the smelter at a profit. As the mine
has been expected to provide the International
smelter with ore at the rate of 1,000 tons a day
this is less than one year's supply. The public ,
finds it difficult to believe that the powers be- r
hind the International went to the expense of
building the costly Tooele plant without having a
reasonable assurance that its chief patron would
continue its patronage for a few years at least.
Hence it is not surprising that local opinion is
more optimistic than the views expressed in the
East. Local people, moreover, have seen so many
Utah mines "come back" after passing through
discouraging phases that they look for an early
improvement in the prospects of this famous
property.
If the International smelter really does run
out of copper ore it can learn something to its S
advantage by communicating with a certain gen
tleman whose post office address is Provo and
whose local title is "Uncle." The gentleman afore
said will cheerfully supply the Tooele plant with
large consignments of ore and throw in some
beautiful specimens of quartz without additional
charge. There is no longer an attempt on the
part of the Knight companies to conceal the fact
that the carbonates in both the Iron Blossom and
the Colorado are rapidly being supplanted by a
highly silicious grade of ore. The intrusion of
this unwelcome element was first brought to the
attention of the reading public when the Iron
Blossom had to curtail production on account of
it. The occurrence of the same difficulty in the
Colorado is a comparatively new development,
but the annual report of the company alludes to
it and in mining circles it is common talk that the
increase of silica is taking the profit out of Colo
rado shipments. Some speakers go so far as to
assert that the company is barely breaking even
on the recent consignments. If this is true, even
in part, the Colorado is hardly less interested
than the Iron Blossom in finding a new market
and the serious consideration given by the
Knights to the cyaniding scheme is explained.
With all the attention that has been given to
metallurgy In late years it would seem that a so-
HllHSIhn
"(But withal, let it hajc quality"
Gift Appropriateness
THE tendency to over-reach begets at times poor judgment, or none at
all in the matter of the selection of proper gifts at Christmas-tide.
In this regard, remember that the appropriateness of the present is ,
the greatest essential the one, in fact to be considered. This, regardless
of price, whether high or low. We offer- this year the timely, snappy sug
gestion that never falls short of appreciation handkerchiefs, gloves, neck
wear, and a thousand others that flatter and please a woman, having withal, rr
that one word, "quality", so woven into them that they reflect the per-
, ', ii
sqnality of the giver. i ! I ! i i
r '
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