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Newspaper
Wallace Miner
Location
Wallace, Idaho, United States of America
Date
Jun 01, 1922
Page
4
The mining situation in the Covur Alene district shows steady improvement with rising lead prices and strong demand. Officials expect resumed production, expanded operations, and more hiring as supply purchases and development restart, suggesting a lasting upturn beyond the current year.
A political column argues that Moses Alexander is being groomed as Idaho governor by a disorganized Democratic Party. It warns Republicans must counter his campaign rhetoric with verified records, noting Alexander’s past terms and alleged expense promises to cut state costs.
The record of his administration is cited as the source of four promises, yet fulfilment is questioned. Republicans argue the current state administration has avoided extravagance and delivered capable, efficient service, countering claims of mismanagement and urging focus on real facts to inform voters.
The piece defends federal funding for highway construction as justified national policy. It argues that interstate roads benefit all states, making taxation by counties insufficient and supporting Congress and the national treasury role in distributing funds for cooperative road building.
Noted business forecaster Babson, praised for concise 200 word summaries, is said to earn over 1 600 000 annually from leading executives for forecasts and advice. In the Miner issue he presents his views on the stock market, a topic of widespread business interest.
The piece describes Fay Templeton living at Osburn and revealing four feet of quartz, less rich than others but more abundant. Albert Allen offered $100000 for the mine. Prager refused. Prager sent Dean to Spokane to buy Captain Human’s stake, gaining control. The Wards mined two runs totaling about $10000 then half as much, sold to Prager, who netted about $40000 to $50000 before selling in the early 1890s. Since Kennan Mining acquired Fay Templeton, Ward expanded the first tunnel and foresees another rich shoot, with five feet of ore present and drift extension needed.
A Wallace citizen sent a cashier's check to Boise for income tax. The tax office rejected personal, cashier's checks, and bank drafts, request remittance by cash or postal money order. The ruling prompts questions why national bank issued payments are not honored by government agencies, causing remittance inconvenience.
Roger W. Babson, renowned forecasting authority, shares exclusive messages with Miner readers. The column marks the miner’s first installment of Babson’s business outlook and financial guidance, reflecting his approach to interpreting current conditions for American enterprise.
The Amy Matchless mining property shows a five foot vein with four inches of galena on the footwall. An open cut and drift extend 180 feet, with two feet of ore for 126 feet. An incline shaft reaches 200 feet, ore to depth 60 feet, vein continuing north. The company has complete equipment including a Franklin compressor and two hoists, electric lights, a saw mill, 19 claims spanning 9,500 feet, near Pine Creek mouth and six miles from Bunker Hill smelter. Gus A. Smith led development.
Kellogg Idaho May 8 1922 To the Editor of the Miner the statement by Mr Anderson president Big Creek Mining Co Wallace Miner May 4 is quoted The employer defends workers saying management faced capital shortages due to war price pressures and high labor costs while labor stood by the company and inefficiency was not the cause in their development effort Signed The Employer of Big Creek Mining Co
A brief stage item titled His Passing Fancy presents a man who believes he can beat a train by speeding across tracks just before it arrives. The piece features a Carnegie Tech puppet show and repeats the fanciful premise before ending with a final line that asserts there is no longer any such story.
Huntington Head California residents Captain and Mrs. F. P. Candee, longtime Huntington family, marked their golden wedding anniversary on May 22. The couple, married in Colorado in 18 over 100 announcements in gold were sent to friends and relatives. Open house drew many guests including Mrs. Filslie of Long Beach. Telegrams, cards, and gold gifts poured in.
The Copper and Brass Research Association reports that rust replacement for sheet metal work, plumbing, roofing, and hardware costs about 626.5 million dollars yearly. Substituting brass, copper, or bronze plumbing and metal work could nearly eliminate this bill, as these metals resist rust and outlast dwellings, promising major savings for homeowners.
The Pittsburg Gazette notes Woodrow Wilson’s intervention in Missouri's Democratic primary for the U.S. Senate. Wilson condemns Reed and advises a rival, Breckenridge Long, while Reed remains a veteran, hard-fighting candidate. Outcome could swing Missouri and hint at Wilson’s broader political strategy. The piece suggests Republicans may tolerate the contest as Reed’s opposition weakens him and Long lacks vigor.
The United States shows Monday as the day with the most self-destructive acts. In German churches near deaf worshippers will have private telephones placed between pulpits and pews for accessibility.
A poem collection from Mind by James A. Edgerton and W D Wintle urges power of thought. It frames mind as monarch of matter and will as master of fate, urging belief, confidence, and perseverance to overcome doubt and achieve success.
Wellesley Hills May 27 1922 Babson offers view on market trends and steel merger talk The statistician predicts a long period of low rates and rising bond and stock prices while warning of squalls and rumor driven moves He cites the proposed consolidations of Midvale Republic Youngstown and other firms and compares earnings to United States Steel urging investors to focus on fundamentals.
Samuel Gompers criticized courts before a New York legislative committee on combines in the building trades. He argued courts reflect voters will and labor’s majority influence on judges. The AFL leader warned against trusting courts yet claimed labor sustains them and warned against labor saving itself.
Lady Astor criticizes the League of Nations roperandists suggesting the body be named for world peace while arguing that people are fed up with false labels and phrases from both home grown and imported advocates.
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