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Marcus Daly, an Irish
Emigrant from Co Cavan, is 1 of the 3 Copper Kings. Daly emigrated
at the age of 15 and worked many odd jobs, before meeting the
Walker Brothers in Utah. In 1876, they sent Daly to
Butte MT to look at the silver producing Alice
Mine which the Walkers later bought. Daly hired on to
manage the Alice mine, and maintained a 1/5 interest for
himself, but he continued to keep an eye out for other
money making ventures. In 1881 he sold his share in the Alice mine
and purchased the Anaconda mining claim.
Initially the Anaconda was a
silver mine until a huge vein of copper 300 feet deep and 100 feet
wide was discovered. Fortunately for Marcus, copper was just coming into use for telegraph wire and
electricity. Thomas Edison had just built the world's first
electric power plant in New York city and the use of the telegraph
was exploding. Copper was selling for twenty
three cents a pound but smelting costs were high because the ore
had to be shipped to smelters in Swansea, Wales. Daly recognized a
business opportunity if he could
reduce the cost of smelting. With the backing of Hearst( father of
William Randolph Heast), and Tevis, he built his smelter
twenty eight miles west of Butte. To accommodate the smelter
workers, Daly built the town of Anaconda. By 1890, the copper mines
were producing over seventeen million dollars worth of copper a
year and Marcus Daly was a very rich man. In 1980, his
Anaconda smelter was eventually shut down and the town still suffers from
the economic loss.
After 100yrs of mining for copper and molybdenum in uptown
Butte, today the Berkeley open pit stands idle and is
filling with water as acidic as vinegar and heavy laden with
copper. A statue of Marcus Daly stands at the entrance to
Montana Tech of the University of Montana (formerly the Montana
School of Mines) at the west end of Park Street in Butte.
Marcus Daly's summer home is still open to visitors and is filled
with Irish crystal and copper forged in his time.
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