The Oregon daily journal., May 03, 1908, Page 25, Image 25

THE OREGON SUNDAY JOURNAL PORTLAND. 'SUNDAY MORNING,' MAY 3, 1908.
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(GiILIlFEEL'l:;I!)li
A New Lease on the World-Famed Florence Gold Mine Closed Yesterday, and Its Promotion Stock Will Be Sold to the Public
; ; ' An Absolutely New Deal In EstaMishinn a Gold Mine Enterprise1 Sale Will Close Next Saturday, May 9, at Noon - VvK:
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; Here fs an absolutely new, deal in gold min promotion. It has been said,' and honesthr believed, for
i several' months, that no new lease could be had on the Florence mine of, Gojdfield, Nevada; It has been con
i tended thatatnine so unspeakably rich as is the Florence could not longer lease its ground. There are probably
' 25 leases on that property now, and each a monumentally rich producer. The little Florence lease expired last
Sunday at midnight and could not be renewed. It had been mining a mnK6n'dblIars'a'mdntfi:''7The Rogers Syn
, dicate lease expires July 11 at midnight; and already a renewal has beefi refused. This mine has been producing
r more gold than any mine ''before if on: the" face, of .-the" earth ever has produced. Within the last month it sacked
105 100-pound sacks of pre that netted the leasers $1,000 to the sack $105,000 and the gold (was taken out In
eight hours. It has been ronning in $50,000-to-the-ton ore, and some actually, milled $100,000 to the ton car
loads of it. The Florence Annex leasThas been; paying nearly 5,000 per cent on all moneys invested in its
shares. The Daisy Florence lease is i enriching everybody that is connected with it. The Pollard-Florence lease
is pouring gold into the coffers of its people. ;The AureUa-Florence , lease is ona, of Goldfield's great properties.
The Emma Fraction Florence; lease s s big producer. ? The Goldfield Chedd "Florence lease is up to its chin iu
, gold." The Portland-Florence lease', owned by ;';a' Portland company, isjnst breaking into that immense body
of ore that has made the Little-Florence the wonder of the globe, and will most likely pay its Portland stock
holders monster prof its in the coming months. ' ; s '"'.
; OUR NEW LEASE IS SMACK IN THE CENTER OF THIS NEST..
It is crowded in between the Little Florence on the south, Pollard-Florence and Aurelia Florence on the
.east, Florence Annex on the West, Chedd lease and Portland Florence on the north, all adjoining our property.
It is as'squarely in the center of thisworld-amazing group of the richest gold mines that ever was opened by
the hand of, man, as the sun at noonday in the month of June is squarely m the center of the sides above. To
the north there is gold, to the south there is gold, to the" east there is gold, and to the west there is gold
touching us on all sides and 'you cannot find a man in this town," who ever has been in "Goldfield, who will
npt tell you that he would wager his precious life against 'a small sum of the shining mineral, that there are
millions in gold beneath the surface of that ground. 1
WE WIRED $1,000 TO OOLDFIELD YESTERDAY TO BIND THE BARGAIN FOR
THIS LEASE, AND MUST HAVE $4,000 MORE THERE ON MAY 10.
There are four men in Portland who offer to take this stock at 3 .cents per share. We can have their
money in 10 minutes. We would rather Sot accept it. We would rather sell to the general public at the same
v pried. It Ijas been widely advertised that stock companies have been in the habit of selling their promotion
stock to their friends at a low price, and their treasury shares to the public at large advances. We freely con
fess that the charge has been too often based on facts. This time we will let the public in on the promotion
stock. The property has been capitalized at $1,000,000, divided into 1,000,000 shares of nonassessable stock,
500,0O0,of which shall be treasury and 500,000 promotion stock? To pay expenses of incorporation, rent and ad
vertising tolls, and to enable us to wire $4,000 to, the owners of the parent Florence before the close, of the
banks on Saturday, May 9, we will sell 150,000 shares of this promotion stock at 3 cents per share. Our con
tract calls for the money on Saturday, May 9, the 10th being Sunday, and it will be there on time, no matter
what number of shares we may sell by this public method. A business man stands ready to take every
share we have left on hand, but, with all due regard to the gentleman, we believe we shall not have one -for
him to buy, ' . ' ' ' " '
FOR ONCE, AT LEAST, WE WANT THE .PUBLIC TO HAVE AN OPPORTUNITY TO
- : GET IN ON THE GROUND FLOOR.
It never has been done in Oregon, and, we think, once we have broken the ice the method will prevail "
forever. . As stated, our promotion stock will go at 8 cents per share, until 150,000 shares have been sold,
and will then be taken from the market and the treasury stock will be held at 10 cents per share, until results
justify another rise. This ought to be within 60 or 90 days. There is little guess about this. We know .
almost to a dot what we have and how deep we must go to get it Ask any ol our local Goldfielders about
that They know that we will cut the ledge at 250 feet. That fact is already-established. It is a foregone,
conclusion, and by that time we will be able to hoist the ore to the surface and pay dividends as large as any
property in that great camp. .
HOW DID WE SECURE THIS LEASE?
We have not a thing to secrete from the public. In Goldfield we have desk room with Harry C. Davis,
agent for Tom Lockhart, principal owner of the Florence. We became warm, personal friends, and, though
often friendship and business do not mix, they did this time Mr. Davis is a most estimable, kindhearted ,
gentleman, and rarely is there one more companionable than he. Our associations ripened into more than
ordinary friendship, and through them, though it had been decided never to lease another inch of Florence,
territory, Mr. Davis stretched a good many points and consented to let us have a dip into that mine's. hidden
treasury. "If you have a lease at all you want a good one," was his final conclusion, "and vcm shall have that
spot there," as he pointed to the VERY CREAM of all the Florence 65 acres, because it has leaning against '
it every one ofL the giants of -the tract. It was a matter of friendship from, first to last from beginning to
end and we now have an ambition to show the people of this coast there is more to life than mere mercenary
motives than pure selfishness so we invite the co-operation of all those who really need the fruits of the gold :
mine, and desire to get out of the rut of every-day plodding to make both ends meet. , '
ON SATURDAY NOON OF NEXT WEEK THE DOOR WILL CLOSE ON THIS OP
PORTUNITY, AND NEVER WILL SWING ON ITS HINGES AGAIN.
We know there is not much time to investigate or give this matter thought, but we cannot help that.'
We had this one chance to get this lease, and were glad to get it on the terms we have. There is now more
than $15,000,000 in sight in the Florence mine above the 400rfoot level, and our lease is hedged in on every
side by just such ore as is a part of this.
OUR HEADQUARTERS.
This bargain has come upon us in such a rush, its conclusion beingby telegraph, that we have not had
time to "fix up,' or do much else. Therefore we are quartered with the Butte Boys Company, 517 Lumber
Exchange building, Second and Stark. Interested ones may there see all telegraphic correspondence in con
nection with the deal, and be convinced that everything has been done open and above board, and nothing
concealed from any one. '
Write, Phone or Wire
Orders, Casb on Delivery,
at Once lo
These 3-Cent Shares Must Be Paid for Spot Cash
CEMTHM rnimm c
Incorporated
TI
517 Lumber Exchange Building, Portland, Ore.
01
ml
SUIce Will Be Open
ays and Until 8 P. EL
Evenings
Phone Main 5514
BOURNE, OREGON'S REAL
SENATOR, SAYS M'CUSKER
Second Elective Booster Good Mixer With Big Ones, De
clares Returned Portlander Incidentally Men
tions Junior Senator Runs With Oil Crowd. '
Defending the policy of the navy de
partment in not sending the fleet to
Portland, predicting the nomination of
President Rooaevelt for a second elec
tive term, contending that Jonathan
Bourn Is the senator of power In the
Oregon delegation and that Senator Ful
ton Is down and out. arguing that the
junior senator Is sure of reelection tn
19 It and announcing that, he will re
turn to Oregon during the summer to
visit the people of Oregon, his constitu
entsdoing all these things and more,
Thomas MoCusker has returned from
a trip to Washington and the east,
where he met and nobnobbed with the
big men of the nation.
Bourne tb adxe.
Mr. MoCusker Is tired from hie trip,
and disgusted with the oysters of the
middle west.- The tiredness la to be ex
pected, and the feeling of disgust Is ex-
plained by the tale that a - plate of
steamed oysters bought on the train
just this side of Chicago put Mr. Mc
Cusker on the ambulance list for the
remainder of the voyage. However,
the returned traveler is full of discus
sion, and talked at length this morning
of various subjects, uppermost rt which
was the controversy over the coming of
the fleet to Portland.
"I am interested in ' the fleet ques'
tlon," said Mr. McCusker and I believe
that when the people of Oregon appre
ciate the problems confronting Secre
tary Metoalf they will concur In the
stand taken by him.
"I met the secretary at Senator
Bourne's apartments soon after I
reached 'Washington, and here I want
to digress long enough, to say that
Senator Bourne is Oregon's representa
tive In 'Washington. He telephoned over
to Metcalf and told him to run over as
he wantel him to meet ' an Oregon
friend. I
Mixes witn maaaara oil.
"Senator Bourne has got closer to the
men that make the laws in Washington
during th year that he has been there
than Senator Fulton has In sir. . EUt-
1 , i l J! " ' 1 ,
Never FaUs to
ESTORE GRAY or FADED
AIR to Its NATURAL
color and oeauty :
I- Mo matter how long it has boen fray
r faded.. Promotes a luxuriant growta
Of healthy hair. Stoot ita f allinar out.
and positively removes Dan
trull. Keeps hair soft and g lossy.. Re
fute all substitutes. , 1 times as much
fa $L 00 as 60c size. . v v,,r
; ISTVOT A DYE. V
Ptllo Her Suee. Oe Newt!. M. J. i
P tad E0c bottles, at Orasslsts,
WOODATJD, CLAUSE CO.
Ins, Kriok, Aldrich, Metcalf. all those
men come to see htm and discuss the
ciuestlons of the day with him. He is
the man who is representing Oregon in
congress.
"Mr. Metcalf oame up," continued Mr.
McCusker, getting back to the fleet
Question, "and Senator Bourne Intro
uced us. Then he said to Metcalf that
we had a bone to Dick with htm and
brought up the fleet question.. Metcalf
said that lie wanted to do all he could
for Oregon but that Captain Wlnslow
of the Charleston and now on the board
of navigation had advised against try
ing to bring the battleships over the
bar.
"He explained that there is a great
difference between a merchantman witn
a draft of 26 feet and a battleship with
an equal draft, for the reason that the
latter bites through the waves, draws
more water In reality and consequently
would be in danger of hitting the bot
tom in the swells and breaking her
back.
"One battleship costs $10;000,000 and
the secretary believed thst once the
ceoole learned the real conditions they
would agree with the navy departments
I tola tnn secretary mat ma curt notes
And expressions , of men and papers In
Oregon did not express the sentiment of
the people of the state." -
"What did Mr. Metcalf say about the
diversion In purchase of $4,000,000 worth
of supplies for the fleet which was sent
to San Francisco? .Mr. MoCusker was
asked.
rulton a Bas-Beea.
"I did not know that such a thins;
had been done until after I had met
Mr. Metcalf, so did not discuss the
question," said Mr. McCusker.
Mr. McCusker contended that Oregon
ought to get on the band-wagon and
send Senator Bourne to Chicago at the
head of the Oregon delegation.
"It would be a great mistake political-
iy to turn nourne aown ana jet ruiton
lead the delegation," hs said, f Fulton
is down and out and the efforts of the
machine politicians to capture this state
will be of no avail. They are dead
ones. Fulton will pot succeed Jonathan
Bourne in ltll.
"Roosevelt will be nominated on the
first ballot Taffs hpom is weakening
and by the tlfne of the convention the
people will demand that Roosevelt be
placed once more at the head of the
ticket Politicians all over the country,
and even the great corporations are
coming to see that the nomination of
Taft makes possible the election of
Bryan, and the leaders are afraid of
Bryan." .
Mr. MoCusker did not have much to
ay regarding the Oregon situation.
It looks ss If the people whipped the
maohlne at the primaries and then al
lowed u to make away with the goods.'!
he said. "But t do ot think Chamber,
lain ean be eleoted no matter what the
ether fellows. do, provided Cake takes
the right eourse.- . i , .
WILL AMEEICANIZE
' : DIPLOMATIC CORPS
Hamburg,1 May 1 The semi-official
Fremdenblett demands tn an article re
markable for ' its frankness that the
kaiser's diplomatic- corps be. American
ised Hhat Is, that ambtsnadom and
ministers be selected with regard to
their merits only, iretpeotiee of high
Klrth. - - t
must be shelved oho and for all, aa far
as tne diplomatic service Is concerned,
says the paper. "We admit it is im-
?ieratlve that ambassadors and mtnts
ers be well bred, but the nobility has
long ceased to monopolise good breed
ing. The sons of wtll-to-do merchants
and scientists arc as well brought up
today as any baron or count"
INDIANA MULE MADfr
A DEPUTY CONSTABLE
Indianapolis, Ind., May t Peanuts,
a diminutive tnule with "hee-haw" now
ers, was used as a deputy constable by
Constable Xewnam i few days ago when
ho went to levy on a farm wagon owned
by Alvln M. Good In. No. 4 43 Kast Tenth
street, and to put his furniture out of
the house because of failure to -ay rent
Goodln had considerable furniture and
much of it was heavy. According to
law, the goods must be placed outside
'the limits of the property, so before the
furniture was half way removed from
the house Newnam was tired.
Harry HUdebrand a constable In the
same court lives near the Ooodin home
and is the possessor of the mule Pea
nuts. Newnam went to Hildebrand'a
barn and sot the mule. Peanuts was
led back to .he aoodln house aod was
hitched to the stoves and heavier furni
ture belonging to Ooodin. In this way
the arttoles were soon deposited at the
curbing.
FKEE CREMATION
OFFERED BY TOWN
Bergen, Norway, May t The Mu
nicipality of Bergen announces thai
henceforth the dead of the town will b
cremated free of charge at the request
of relatives.
If there are no relatives, the dene
bodies will be cremated by the city
as a matter of compulsion. -
The city will erect a memorial hall
where urns, containing the ashes o.
the dead may be kept free of charge
by relatives and friends. No monu
ments or expensive tablets ere to be
set up, the urns are to be all of the
same material and nothing save name
ana aaies are permiitea.
CATCHES COLD IN JAIL ;
AWARDED $7p0 DAMAGES
New Orleans. Mav 2 A iurr in th
United States circuit court here yes
terday gave Robert M. Owen, a Texan,
a verdict for J750 damages against
Louis Timeus, an employment agent
who recently " caused Owen's Incarcer
ation in a New Orleans police station,
which incarceration resulted In the oon-
traation of s cold that seriously in
Jured the complainant's heeith.
Timeus charged that Owen was sot'
tng as a labor agent without a lieansa,
Hs was acquitted, and when released
sued for IS.OOO damages, alleging that
Timeus was responsible tat the oold hs
caugni in jau.
Notice to the Boys and Girls
of Portland and Vicinity.
We recently announced that ws wouldVl
on May , 190, make awards te the boys
and girls returning the greatest number
of 'Swastika" labels taken from pack
ages of biscuits, crackers sad oakes of
our manufacture. The eontest closes
on May 1. We have on exhibition In F.
Dresser 4k CcVs window. Fifth sad
Mtarlt streets, the boys' and girls' high
grade bicycle offered ae one of las
awards.
' COBtleos to sare our "Swastika" la
bels ws will have something Interest
ing for you later. Pacillo Coast Biscuit
company. .
Local Option Petition FiledJ
Astoria, Or., May 1. A petition has
been fited in the county clerk's office
kin tbatT the question ef local op-
ney precinct at the coming June eleo-
nmutuu'Ma.'. i sm i jnswia.u,,w suswr
Si
0REG0NIANS WHEN
IN SAN FRANCISCO
Can Obtain Information Regarding
HOTELS, POINTS OP
INTEREST, ETC,
From
THE JOURNAL'S SAN
FRANCISCO OFFICE
1206 CALL BUILDING
ARTHUR L. FISH, Representative.
Have your mail addressed in care of the office.
Also call and register. Copies of The Journal on file.
Full Measure Yard
F. B. JONES & CO.
WOOD--Al old body Fir, seasoned, sawed to order, per cord.. $6
COAL Screened and washed, per tpn .7
PHONESEAST 7; B-1771.
Bank, Store and Office ;. Railings
Fire Escapes 'HSSSti ' . Fencing
and and,
- Fire Casings . mm mm TrclIifWerk
Si Portland Wire & Iron Works
Corvfieoqnd and nvorcttjOtie, j?aln
PORTI ANf RAH WAY.
& POWER COMPANY
1 ightI
Bulletin llo. 2
THE RUSH-HOUR PROBLEM.
We intend to discuss in this bulletin, first, the nature of the
rush-hour problem; next, some of the greatest difficulties incidental
to this trying period of the day; and lastly, how we are meeting
this problem. '
Briefly stated, this rush-hour problem la that of handling the
traffic at the hours of heavy travel, between 6 and 9 o'clock in the
morning and between 5 and 7 o'clock in the evening. . ' '
Between these hours every man in the dry who is earning his
living in this work-a-day life is on the move and anxious to reach
his destination promptly and conveniently. .
tour most difficult problem is in the evening between 5 and 7
o'clock. Between these two hours everyone who has been brought
down town in the three morning hours, and many more who have
come down later in the day, start for home, and are in the typical
American hurry to reach it
. An illustration will make it easier to understand the difficulties
of furnishing transportation for a great crowd.
BASEBALL GAME AS ILLUSTRATION.
You have all been to a baseball garnet where there were 5,000
rooters. Yon know bow we line tne cars up out&iae tne grounas
waiting for the end of the game. Forty cars, each carrying 100
people, are necessary to move this crowd, which means a line of
cars, standing 10 feet apart, almost half a mile in length.
When the crowd piles on the cars after the game, even whh
this line of cars resdy, it takes 15 or 20 minutes to load them alL
and bring the last car up from nearly half a mile away. If every
one waited for a seat the crowd wouldn't get home until long
after dark.5
THE DAILY PROBLEM.
With this explanation we will take up our daily problem. The
office buildings, wholesale houses and shops around Washington,
Third and Morrison streets, pour hordes of people into the streets
at 5 o'clock, again at 5:30 and again at 8 o'clock.
It is not a question of handling 5,000 people, bat the number Is
approximately 50,000. We are not allowed to line bur' cars up as
at a ball game, but must keep them moving. The streets are filled
with slow-moving wagons, some of whose drivers think that they
are punishing the company by delaying 50 or more people in a car.
STOP AND THINK. J
It takes 15 to 20 minutes to move 5.000 people st the ball
grounds, where we can line up our cars. How much greater is the
E-oblem when there are 10 times, that number to be moved, taking
to consideration the difficulties mentioned above? , ' '
, We wish to emphasise two difficulties encountered m grappling
with this problem: i t V J -
First There are the delays to traffic jeausefby Interrupaons
of aervice acroea the bridgea. ' " . ' ' - t .
SecondThe attempta of passengers to get on board cars that
are already crowded, when by waiting a few seconds they can board
other cars which are not filled. .'.X-y'H--
HOW THIS PROBLEM. IS BEINO MET.
We are always at work on these problems. Ws hava increased
our equipment bver SO per cent, and during the rueh hours our
g'A. local, every city ha. It It Is
more dficult here for the reasons thren, but ask the ptople who
hw service compare, wtw that of other cittes st tbe.s .
home-that is t- to
I give you good service, snd to givs you a brosder understand cf
our underlying uiicui,
ana encoursgeowa. .. -- -.,, j :
If this sketch sppesls to you, try not to kick if you dont .i t
. ; . i. k. ..iinr r If damm one casually waki over y
Think it out, and realize aoms of our difficulties.