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Newspaper
Wallace Miner
Location
Wallace, Idaho, United States of America
Date
Sep 06, 1923
Page
2
The Wallace Miner is entered at the postoffice in Wallace Idaho as second class mail matter at 606 Bank Street.
The Hecla Mining Company carried use and occupancy insurance of 1,000,000 dollars to cover shutdowns after a recent fire, supplementing 337,000 dollars in standard fire coverage. The plan aims to shield operations during rebuilding, a move praised as a prudent lesson for other mining firms. The piece urges boards to discuss such coverage, especially where properties are concentrated, and notes this as a safeguard when metal prices are high.
The New York Times, a leading newspaper, concedes the substantial advance toward normal conditions under the Republican administration. An editorial highlights numerous instances where pessimistic conclusions have been discredited.
Americans traveling abroad are astonished by the proliferation of European lecture tours in the United States. European statesmen arrive monthly to offer internationalist views, yet the public tolerates them as their aims seem familiar. Senator Smoot notes Americans will spend about 700 million dollars in Europe this year, part of broader U.S. contributions rarely acknowledged by proponents of aiding Europe.
The piece argues that government price guarantees can distort markets by penalizing buyers and helping sellers, using wheat and potatoes as examples. It notes a lack of market for potatoes last year and critiques stabilizing actions, suggesting policy incentives may misalign with real supply and demand dynamics.
Anaconda Standard notes September marks the start of autumn and hints of a potentially early severe winter. Reports from Canada and Arctic sources describe increased Jack Frost activity while scientists admit many weather mysteries remain unsolved despite solar research.
The Bureau of Mines reports warns the public and mining industry about inflated platinum discoveries and promotions. It details Russia’s platinum loss, Columbia’s outsized supply, U.S. output from dredging, and cases of faulty assays. The study, by Lind, Davis, and von Bernewitz, notes wartime testing and cautions against promoter fraud.
The North Side News of Jerome argues against government price fixing for wheat at 1.75 dollars per bushel, asserting any stabilization should target supply. It mocks autocratic price control by proposing production restrictions and warns of unintended economic distortions.
Quantitative analyses of platinum and other war minerals across mining states show no domestic platinum resource of significance. Forty four cases found no platinum despite favorable reports from custom assayers, challenging claims of hidden or detectable quantities. The report notes standard methods detect platinum and that some alleged ore claims lack verifiable results.
The piece argues Coolidge supports Harding era policies and the American system with a strong Senate as guardian of liberty. It cites his inauguration address praising the Senate’s powers to legislate, review, ratify, and protect minority rights, and urges firm leadership to resist meddling politicians. It also notes state education director vacancy will be filled by the next session.
Lewiston Tribune discusses Boise Statesman analysis of state education policy since the removal of Dr. E A Bryan as head. It argues balanced policy and safeguarded equities declined, provoking distrust among institutions and sections. The paper warns of financial and policy penalties as education becomes a legislative football riding on partisan shifts.
Poem of longing for a simple escape to nature. The speaker seeks a away-from-it-all trip to mountains and meadows to enjoy campfire bacon toast bread eggs hot coffee and sunlit woods. He imagines frogs, sheep bells, rabbits and a shared roundelay with nature as fellowship.
Industrial News Bureau argues the Pittman Act did not enrich American silver producers. UK bought 200 million dollars of silver at $1.01 5 per ounce, with the U S government repurchasing mined silver at $1, ensuring Britain supplied funds. Producers were paid from England gains, not a U S bonus, says the piece.
Mrs. T. J. McAndrew of Lane Idaho writes the Pend d Oreille Review claiming she is Idaho's war mother and is entitled to have all expenses paid to attend the National War Mothers convention in Kansas City in September. She details the request and basis for allowance.
Mrs McAndrew reports four sons from Bend Oregon served in World War I. George E and Charles A joined Coast Artillery, Thomas J enlisted in Merchant Marine, and Robert S served in the 90th Aero Squadron in France, spending months in the front zone. War Mothers of Northdukes plan a district convention on September 5 to address Mrs McAndrews claim.
William Easton manager of Bunker Hill mining firm buys six Lakeshore Addition lots in Coeur d'Alene for 3925 cash through the F W Fitz agency. He acquires frontage 150 feet on the lake and plans a Colonial residence. Other buyers include Van Ostrand and Minnie H Otterson purchasing parcels in the same addition with intent to construct modern homes.
Harry W. Ingalls, manager of the Hilarity Mining company, reported after visiting the Pine Creek property that ore showing has improved since work resumed two months ago. The drift has advanced about 50 feet, hand mined, with a crosscut revealing a vein about 12 feet wide containing ore throughout. A dump sample assay measured 5 percent lead, 5 percent zinc, and 2 ounces of silver. The mine lies within a quarter mile of the wagon road and proposed railroad line, and is seen as a very promising Pine Creek property.
The Schlosspark Theater in Stegtits near Berlin accepts farm produce in exchange for tickets. A pound of butter or its marked value buys the best seats, while the cheapest seats are sold for a fraction of their value in paper marks.
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