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jc? We Want the Hotel That Will MaKe Idaho Springs Famous
THE TRUTH I IS GOOD ENOUGH. VOL. 2. THE IDEA BECOMES POPULAR Siftings’ Proposition to Protect the Eastern Investor Wins. During the past week there has been consider able comment, favorable and unfavorable, on the position taken by this paper in reference to the en actment of a law or laws to more certainly protect the Eastern investor. The great majority of this comment has been favorable and a half dozen let ters from subscribers over the country show that there is but one sentiment so far as the investor is concerned and that is that the paper is right and that laws of the character mentioned are needed. While the Idaho Springs district is pretty free from the vicious classes of propositions, and always has been, there is every reason why such laws ought to be passed so that such conditions may continue and so that different conditions may be brought about in some of the other districts. A Denver at torney writes as follows, but asks that his name be withheld as he is preparing an article for the paper that will cover the entire ground : “There is an old law which states that a man ‘must look before he buys’ or words to that effect. This old custom or law has worked a hardship to the investor in mining stocks and oil stocks for they are not in a position, those who invest in these stocks, to take the look. Many states compel cor porations expecting to exist through the sale of stock to place some guarantee with the state. As a matter of fact insurance companies must do that in this state. Such a law might work a hardship on the development of the state, and I am inclined to believe that it would, but there should be some happy medium that could be reached whereby the investor could receive better protection and the de velopment and progress of the state would not be retarded. lam busy with the election cases this week and will be next, but between this and the first of the year will give you my opinion in full. Your idea to protect the foreign investor is a very good one.” The comment of the state press has been ex ceptionally favorable on the stand taken by this paper. It would require two or three columns to reprint all the comment. We hike this occasion to thank the newspaper men for their support. A good suggestion comes from one of tiie most representative mining men in the city. He is the manager of two producing properties and a man who is acknowledged to be an authority on mining. He states that a law compelling officers of compan ies to make itemized reports each month to each stockholder would cover the ground thoroughly. While these companies would not make their re ports of public record it w ould answer the'same purpose to have the stockholders know what was going on and where the cash was being expended. This gentleman states that much cash is squandered that is accounted for only in a lump sum. Another suggestion comes in this shape from a mining man who simply signs it “Mining Man “I believe the secretary of state should have the appraisement of three men to appear of record to show what the property cost and then not allow the capitalization to exceed four times the value df the property.” This is an idea worth considering. It would put a stop to the plan sometimes pursued whereby property purchased for SI,OOO is some times capitalized at $1,000,000 or $2,000,000 when the proposition is stocked. A subscriber in the East who has purchased considerable stock in one of the propositions that claims to own considerable property says that he finds that the company held only a bond and lease and that these have been forfeited or given up. As a result there is not $i worth of anything of value behind his stock. He says that the idea of stock ing a company on a bond and lease and selling any stock to the people is a “system worse than high way robbery.” This brings out another idea. HIS WIFE IS AWAY. No place to go when the day is done — Strolling around like a lonesome nun. Solituce whipping him every step, Painting a picture —lest he forget. Painting a man with a long, lean face, Steadily falling from heights of grace. Wretched and hungry and steeped in sin, No one owns him — lie’s no one’s kin. Bathing in gloom as deep as the sea. Yellow and sallow and ’shamed is he, Spending his cash in inconsequent dribs, No one to tickle his lonesome ribs. No one to smile in his comfortless shack, No one to huddle cold feet in his back. No one to feed him or care for his bones, No one to list to his cries and his moans, No one to cheer him or make him feel gay Pity the devil — his wife is away. Idaho Springs Siftings . IDAHO SPRINGS, COLO., SATURDAY, DECEMBER 6, 1902. singing “ Home Sweet Home.” John Owen, the well known mining man, returned from an extended trip to the North and Northwest this week and states that it is the old story of looking for “ greener pastures just beyond” and not finding them. Mr. Owen traveled and investigated extensively in British Columbia, Washington, Oregon and other Northern mining points and comes back with these words on his lips. “ Not a d—n thing to compare with what we have right here! ” Then he goes on to tell of the snows, of the inaccessibility of the mines, of the low-grade propositions, of the trials of the prospector, and adds: ‘‘When people cut timber there in the winter they cut it off on a level with the snow and then when summer comes and the snow 1 haws and melts away the stumps stick up fifteen or twenty feet as a reminder of what the depth of the snow was. A timberman in winter always expects to leave the biggest part of the tree for the timber-cutter who works in summer.” “I have now traveled and thoroughly investigated nearly all the mining sections, at one time or another, and I want to tell you that the little Idaho Springs district can give them all cards and spades and win on a show down. This is the district for the poor man and there is nothing of the kind in the terri tory where I have been traveling. ‘‘ I would rather invest money in propositions right here in this camp than I would in any other I know of. It is a place where judicious investment is prac tically a guarantee of some return. In these Northern districts a man must prac tically isolate himself. He gets no better wages than the miner does here. If he owns a mine he must have a mill and smelter with it or he might as well not have any mine. There is mighty little opportunity for the poor man. Here we do not know what hardship is. I would like to take a lot of these kickers and dump them up in a snow bank in that country until they became convinced that a good thing was worth staying by.” Every resident mining man of the district who has taken such trips comes back with the same report so there must be something royally good for the mod est resident of this modest little camp. It is hardly time yet for the correspondence to lie received on the proposition but it begins to look as if Eastern investors were going to be in a posi tion where they can furnish some good suggestions and ideas. Siftings wants all these. It believes the people are entitled to the truth and no mining man who believes in the business principles of min ing will object to facts. Letters received from a majority of the mem bers of the Suite Editorial association show that they will exert the influence of their papers to have law’s protecting the investor passed at the coming session of. the legislature. The battle is well on and the right will win. Siftings believes that it is aiding in the accomplishment of a most generous good if it can aid in placing mining upon a basis where it will command the same respect that any other investment would. Place it in a position where the man who makes a trip to the East will not be considered a fakir because he is engaged in •the mining stock business any more than he would be considered a fakir were he in quest of purchasers of bonds and stocks in any other line. This is where mining should be —it should rest upon this basis—and the sooner such a condition of affairs is brought about the 1 letter it will be for the mineral resources of the state and for those engaged in le gitimate mining propositions. Siftings may be wrong in this view but it believes it is right, and believing it is, will keep up the fight until some thing is accomplished. Can Central City Sybils Play? The two basketball teams of the high school have decided upon playing a match game at the Trocadero on Friday evening, December 12th. The young ladies have been in constant practice for some time and it is now said that they are capable of playing the game well. The two teams have re ceived a number of challenges and it is quite likely that the first match game will be arranged with a Central City team. The two teams are captained by Alyce McClelland and Margaret Williamson. The latest yell by the girls is the following : ‘‘High School Girls High School Pearls They're all it! At Basketball, Basketball They made a Hit! Basketball Basketball Is their long suit! Give a Yell Give a Yell, Give one Big Hoot! Hurrah ! Eastern Star Elects Officers. Idaho Springs Chapter No. 51. Order of the Eastern Star, held a meeting last Tuesday night at which time the following officers were elected to serve during the ensuing year : Mrs. J. F. Coffman, W. M. William L. Bush, W. P. Mrs. J. A. Wilkins, W. A. M. Mrs. John Atclieson, Secretarv. Mrs. C. L. Plummer, Treasurer. Mrs. L. L. Roberts, Conductor. Mrs. William Morgan, Assistant Conductor. The installation will take place at the second regular meeting to be held in January. To Visit in Nashville. Lieutenant Governor Elect W. A. Haggott, his wife and baby, started for Nashville this week and w’ill spend the holidays there with Mrs. Haggott’s friends and relatives. The governor will return in time to be present at the opening of the legislature. Masons Elect Officers. Idaho (springs Lodge No. 26, A. F. and A. M., met Wednesday evening and elected officers for the ensuing term. It is stated that arrangements were made to attend church services on December 28, at the Presbyterian church, in honor of St. John’s day. Following are the officers elected : F. E. Angove, W. M.; A. G. Chamberlain, S. W.; S. A. Noyes, J. W.; R. J. Davies, secretary; C. L. Plum mer, treasurer; W. G. Arkills, S. D.; F. W. Well man, J. D.; George Steuart, S. S.; F. O. Sandstrom, J. S.; Jud Brown, Tyler. Back from Scotland. Lachlean McLean, accompanied by his family, arrived home last Saturday night from an extended visit to Scotland. The party left here early in the summer to visit the scenes of Mr. McLean’s youth, which he left thirty-one years ago. The visit has proved to be a most pleasant one and it was a great surprise for him when he gazed upon the wonderful changes that had taken place in his old home. The most of the time was spent in Scotland, although they visited points in England. District Court in Session. The regular term of the District court opened last Monday morning at Georgetown, but no busi ness was transacted save the hearing of motions or the setting of cases for trial. On next Monday the petit jury will report for duty, at which time cases w’ill be heard. This session of court will not be a long one, and it is expected that all work will be completed by the end of the week. Guy Hill Pioneer Dead. Stephen R. Booten, one of the pioneers of this state, died at his home near Guy hill Wednesday. Mr. Booten was seventy-three years of age at the time of his death, and was a prominent figure in various sections of Colorado for many years. Death came suddenly as deceased was feeling all right on the day previous. Machinery for Teller Mine. Ben Ow’en went to Denver Wednesday to buy a plant of machinery for the Teller mine. This property is located in the Lamartine district, and it was recently sold to an Eastern syndicate. Epworth League. Thursday night the Epworth League elected the following officers: Mrs. Anna Rowe, president; Mrs. Hattie Lindbloom, Ist vice president; Mrs. E. A. Micheal, second vice president; Miss Flor ence Rule, secretary; Miss Daisy Bond, treas. R-T ******* * ' * **** * *** ***** THE PEOPLE SAY: *“IT’S A GOOD PAPER”* k * TRIBUTE TO THE DEPARTED Memorial Services of the Elks will be Held next Sunday. Impressive and elaborate will be the memorial services of the Elks w'hicli takes place tomorrow afternoon at 2 o’clock in their lodge rooms. Once a year,-or orr the first Sunday in Decem ber, the Benevolent and Protective Order of Elks, hold their memorial services, at which time a tribute is paid to the memory of those who have departed this life and who were members of the lo cal order in the past. The services tomorrow will be the second that have been held in this city, as the lodge was organ ized on July 7, 1900. During the existence of the local branch, two deaths have occurred, and it i» out of respect to these members that services will be held. William H. Thomas and Samson Vine, both of whom were well known to the residents of this city, are the names of the departed. A general invitation is extended to the public to attend the services. An interesting-program has been arranged and addresses will be made by sev eral prominent members of the order. The princi pal address will be made by Dr. George C. Steme* of Denver, who is considered one of the best talk ers in the lodge in the state. Other talks will be made by local members. The Elks lodge has enjoyed a most wonderful growth in this state during the last year. In Ida ho Springs a great many new memliers have beem added, while in other portions of the state, new lodges have been organized. At the present time there are 120 memliers of the order here. Memorial sendees will be held throughout the United States tomorrow, wherever there is a lodge. Besides the speeches which will be delivered, those in charge of the program have arranged to get a number of appropriate musical selections. Boycott on Bouldin. Idaho Springs has a genuine boycott. Organ ized lalior has taken a hand in the difficulty be tween die merchants of this city against tin- Boul din Dry Goods company, and as a result a boycott lias beep declared against the above named house by Ajj*erican Labor Union No. 237 of Idaho Spr’gs. Some time ago an agreement was entered into between the largest merchants of this city whereby it was expressly stipulated that all stores should be closed at 8 o’clock each week day except Saturday and remain closed all day Sunday. The merchants lived up to this agreement and not one broke their pledge, with the exception of the Bouldin store, which announced in a local paper that their store would remain open on Sundays until noon. The agreement which was signed by the vari ous merchants is as follows : “We, the undersigned merchants of Idaho Springs, Colorado, hereby agree to keep our places of business closed Sundays, on and after Sunday, September 7, 1902. “We also agree that on and after Monday, Sep temlier 1, 1902, we will close our stores promptly at 8 o’clock, each week day evening, excepting Sat urdays and the week proceeding the Fourth of July and the week proceeding Christmas, when we will close promptly at 10 o’clock in the evening, except on evenings of Julv 3 and December 24, when the closing hour is to be not later than 12 o’clock mid night. We also agree to close our stores at noon, 12 o’clock, on the following legal holidays : New Year’s day, Labor day, F'ourth of July, Thanksgiv ing day and Christmas. John Wilch & Jensen. N. Weinberger. C. L. lamb. John Eckstedt. Bouldin Mercantile Co. Adolph Nelson. E. Doty. E. P. Swanson. George Anderson Dry Goods company. J. C. Holly and Obid Ludlow have been held to the District court in $250 bonds. Thomas Green of Dumont is the complainant. A NEW POOR FARM. The residents of the county, that is a great portion of them, have decided that new and more commodious quarters are needed for the proper care of the poor, and accordingly a petition has been circulated among the tax payers asking that the commissioners buy the old Downieville property, situated near Dumont, and to turn the same into a farm for the county poor. There is a house on the land which has in the neighborhood of thirty rooms, and sur rounding it are twenty-five acres of good and level ground. An option has been secured on the same for $1,500, and action must be taken inside of one week. The farm at Empire can be disposed of at a good figure and the amount derived from the sale can be applied to the new site. NO. 51.