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Letter: Dennis Washington: the new Copper King
By Pat Munday - 05/07/2008
Wow, Dennis Washington gave $10,000 to Butte in support of the folk festival!
One of his companies, Washington Group International, posted more than $80 million in profit last year. Another of his holdings, The Washington Companies, includes Montana Resources, Envirocon, and Montana Rail Link. Washington makes money coming (by gathering and hauling mine waste from Milltown to Opportunity) and going (from the Continental Pit) in our area.
Like his Copper King predecessors, Washington operates a giant conveyor belt that permanently removes wealth from Butte. Marcus Daly had his mansion in Hamilton, where he stabled his race horses. William Clark preferred New York City, where he amassed a fantastic art collection. Their combined assets became the Anaconda Copper Mining Co. The ACM left Butte a legacy costing hundreds of millions of dollars in Superfund remedy.
For Dennis Washington, it’s a large private estate on Stuart Island in British Columbia and charity to the University of Montana in Missoula. The first million dollars in charity went to finance Grizzly stadium in 1985. The most recent $10 million went to the School of Education. Missoula gets tens of millions and Butte gets tens of thousands — a ratio of one thousand to one? Last I checked, the copper and molybdenum was coming from Butte, not Missoula.
Everyone can applaud the many good charitable donations from Dennis and Phyllis Washington Foundation. Similarly, Butte is happy for the taxes paid by MR, and for the salaries and profit shares to MR employees. However, one great question remains. The Anaconda Copper Mining Co. left us the Berkeley Pit and a crumbling water supply infrastructure. What will Dennis Washington’s Butte legacy be?
Pat Munday 723 W Daly St.
Walkerville
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