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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (Jan. 27, 1904)
Wednesday, Jan1.faiv-.j7 1004 THh bUMhTER-AUNhR 1 1 SPRAGUEVS GRAYSON. Gallant Colonel Denies Every Allega tion And "Challenges The Allegator." Sensational Suit Grows Out of Min ing Operations in Cable Cove. Some weeks since A.' II. Sprugiic. who lilts Iiooii conueatod with Colonel Uruysnu, in soiuo iuilofiuito way, fur tho past few yours in Ills mining oporiitlons, instituted suit fur a set tlumonr. Tho llaker Git- Herald (it Inst cveuiug tolls of the defendant's reply 110 follews: Colonel Knnnott Ciilliilmn, ns at torney for tho defendant in the now cclobrtntcd A. II. Spraguo vs. .1. T. Grayson and tho Alpine (lold Mines, today Hied with tho county clerk an answer to tho complaint of tho plain tiff, which puts a different face on tho matter. Tho defendant donles all tho ma terial allegations as follews: Ho de nies that ho and Spraguo over entered into a partnership or agreement du ring tho year 1000, wherohy they wore to ougago in tho salo and pro motion of initios, sharing equally In .all profits; denies that tboy entered into an agreement to purchaso tho Gerard, McKinley, Mormon Ulrl, Alarm. Occlde ital, Oriental, or the Davenport quartz claims In tho Cublo Cove district, whereby each was to pay half tho purchaso prico; denies that Grayson accepted a deed to tho nbovo uamed claims as part of tho aforesaid agreement: denies that bo .bold such title In trust for himself and Spraguo. Defeudant Ciraysun, ou tho 'other hand,- alleges that tin purchased tho .above uamod claims with his own money in purely a personal capacity and that Spraguo did not enter at all into the transaction. irayson denies that ho sold these claims to the Alpine .-ompaiiy for 820,000 iu cash and 'JO, 000 shares of stock; denies (but tho Alpine com pany is now or ever was indebted to him in the sum of 8'JO.OOO. or that bo holds or ever held 4 0,000 shares of stock in that corporation; denies that at any time ho conspired or con federated to cheat, wrong or defraud Spraguo out of tho sum of Sl'O.OOO or any part thereof, or auy part of 20,000 scares in the Alpiuo com pauy. Iu summing up, Defeudant CJray sou denies that Spraguo has, or had, auy iuterest in the above-described claims and that tho defendant does now owe Spraguo 820,000 or auy sum. Wlieroforo, tho defendant, Grayson, prays tho court that this actlou bo dismissed and that tbo costs bo assessed to Spraguo Associated with Colonel Callahan iu tbo case is Hon. Heury E. Mc Ginn, of Portland, who is chief counsel for the defendant, Graysou. Pockets" of Native Mercury Native mercury occurs iu small tin white globules scattered through itho gauguo. It is not plentiful, but llicie 1110 Instances ot whole metallic nieicuiy 1 1 1 - hoeu tumid 'in pockets, ot siilllclcut quantity to be dipped up In pull. The Vieatcit pocket id native mcicm.v ever" found win nl Hauuciivelicii, Pent. At tltii- place wa ili-covi ied a pocket colitaiulnu OUO pounds of itathc nieicuiy. The metal ua.- contained in a deprcsriou or imluial dipper in the lock and vwis ilnulitlc? the accuiiililntlnli ot ages. Near Almneila, l.'iillfninia, a pocket coulidiiiuu 2i)li,poiiiid-i nf me tallic nieicuiy wii toiivd, and al New huh la, Mime state, a tew ears ago was discovered 11 ueode that, on be ing broken open, n. found to con talu several pound of the metal, and which wit lionlitle.-s a front; ot natiiie, iiud, had it been picrorvcd, would hau liL'en worth its weight iu gold to a museum gary some masses of Iu Austria-linn- niitlvo atiiiilgiim have been found; native afualgiim being native merciliy alleged with native silver. K.v.'haugc. MACAUUY ON A PtRIOD Oh WilD. FAKE PROMOTIONS. Cnmuieiitiiig ou the "redundancy of capital" existing iu the seven teenth ceiitiuy, in the period well toward lis cloe, Loid Macaiilay uses language thoroughly descriptive of conditions frequently recurring from that day up to this and on this side of tho ocean as well us iu Europe. He writes: "The natural effect of this state of things was that a crowd of projectors, ingenious and absurd, honest aud knavish, employed themselves in de vising now schemes for tho employ ment of redundant capital. It was about tho year 1088 that tho word stock-jobber was first beard Iu Lou don. Iu tho short space of four yours a ciond of stock companies sprang into existence. "Snmo of these companies took largo mansions aud printed their ad vertisements in gilded letters. Oth ers, less ostentatious, wcro content with Ink and met at coireo-houses in tho neighborhood of tho Royal Hx change. 'JoiiahauV aud 'Garrn way's' were Iu a constant ferment with brokers, buyers, sollors, meet ings of directors, meetings of pro prietors. Time buraalns soon came into fashion. Kxteuslvo combina tions were formed, aud monstrous fables circulated, for the purpose of raising or depressing tho price of shares. "Our country witnessed for the first time those phenomena wit It which long experience has miido us familiar. A mania of which the symptoms wero essentially the same with those of the mania of 1720, of the mania of 182,'), of the mania of 181."), feel zed tho public mind. All impatience to be rich, a contempt for those slow but sine gains which aro tho proper reward of industiy, pa tience and thrift, spread through society. Tho spirit of the cogging dicern of Whitefrlars took possession of the grave senators of the city, wardens of trades, doputies, alder men. "It was much easier aud much more lucrative to put forth a lying prosp'ectus announcing a uow stock, to porsuade iguoruut peoplo that tbo dividends could uot fall short of tweuty per ceut. aud to part with five thousand solid guineas, tbau to load a ship with a well-cbosou cargo for Vlrgiula or the Levaut. Every day some new bubble was puffed iuto existence, roo buoyant, shone bright, burst and was forgotten." MINER RIESS BURIED TODAY .1 V. Iles, the iiitnei win was killed in tin cm losidii at tile Vlr chilli mine 11 li-w ilnvs ago, was bulled thW afternoon trom the ('life illidcltakiug o-ttilili-lniiuiit ill the lllue Mountain cemeteiy, under the dlieetion of the ISiecuhoin Miueis L'iiioii. Henry Klc.-, of Nut I li Kiiglish, lown, a biothei of tho deceased, al ii veil here yesteiday to attend the funeral. .1. W. liless was til .veins old and his In other, ot Noitli ling llsli, was the only lelathe iu this country. He has another brother flllfl tllll rtlritol-ri. HvlllL.' Ill (iltl'lllllllV. u, (llfl ,0W n,)()t Bfa t5iB years ago ,..,, I,llull.,li .ii,1i1i,,iu torn long time, but within lecent jears he has devoted his attention to mining. ANCIEN1 CORAL FOUND IN STEVENS CO MARBLE. Ancient coral Is being found in the Stevens county marble. I'm fessor Samuel Augheysaid yeslciday: "The variety aud beautiful forms of S ovens county nimble seems to be endless. K. h). Alexander has re turner! from th'i Wanderer claim, one of the Egyptian group iioitheast from Colville, and brought witli him some odd specimens. One of lis peculiar Itlcs can only be understood when polished. It has ciirioin white specks, the size arylng from a small to u largo pliihead. These specks when scanned under a largo magnify ing glass are seen to be six sided aud with a radiate structuio. In short, tboy aio very ancient fossil corals. The species have uot been deciphered, but some of tbom belong to the Ar ohaoosldortl, a family that flourished in tho warm beds of portions of the carboniferous age. Species of (he ancient chain can also he deciphered. The orgaulo matter in these lowly animal and vegetable forms has given a clouded form to this marble rang ing Iu color from black to browulsih with more or less white and greeiislh lutes. It is medium hard aud takes a marvolously Hue polish. "Alougsldoof this stratum another occurs, iu which the the coral specks are black, aud the enclosing marble Is also clouded and with inorejof tho greonlsh hues. Tho latter is harder than the former, but Is also suscep tiblo of polish aud fitted for orna mental work." Spokesman Itevlevv. A Business Proposition. If you are going east a careful se lection of your route Is essential to (lie enjoyment of your trip. If It Is a business trip time is the main con sideratien: If a pleasure trip, scen ery and the conveniences and com forts of a modern railroad. Why uot combine all by using the Illinois Central, the up-to-date road, run ning two trains daily from St. Paul aud Minneapolis, aud from Omaha to Chicago. Free reclining chair cars, the famous llulfet-hlbrary-Smoking cars, all trains vest I billed. Iu short thoroughly modern through out. All tickets reading via tho Illinois Central will bo honored ou those trains aud no extra faro charged. 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