The Sumpter miner., May 18, 1904, Page 2, Image 2

THE SUMPTER MINER
Wednesday, May 18, 1904
i
KNOCKERS HAMMERED
MORNING MINE DEAL
T. W. Davidson Tells of The Difficulties
Encountered by a Mining
Promoter.
T. W. Davidson returned yester
day from h two months trip to At
In lit tc coast el Hen, whore be went to
IIiiuiich tho Morning in the interest of
tho Kaatern Oregon Development
company. Thnt Mr. Davidson duo
rootled Ih ovidenrod liy the fact that
there Ih h fund or UIIO.OUO. or at
loiint it Ih ho understood, in local
tiHiilcH to pay olf tho Indebtedness
iigiiitiHt tho properly mid start up
operations.
Hut tho mutter In Mill Homewhat
in tho Hlr, with Indications of h
euttleiiiitiit, howevei. Tho money
which Mr. Davidson raised Iiiih been
liti'o hIiioo the 111 Ht of the month, mid
he oxpoeted to Hud the delitH piiid oir
olid work going on lit the mine. He
Imil hoard nothliiK whatever until he
got hack of the lltiKHtion started to
iuforcn hiit lioud. or hii iittempt
tiavliiK heen nuidn liy others to fell
(ho property.
"I would willingly," says he,
"'upend two nioiitliM with ph'k noil
ahovol rather Mum repeat the ex
perlenow 1 liml while nwiiy. The
proposition Iihh been knocked, I have
4eoii kiiucfcod nuil ereryhody in con
iiootloo. There Ih plenty of money
SlMPiERIIES ARE NOT
PIEASED WITH SEWARD
The Miner ha received from
'. II. etartitird, who left here some
time auo for Seward, Alaska, the
followiug letter, hearing date of
April 'iH, which will lie read with
Intermit liU Humpter friends, and
those contemplating a trip to Seward
thia auuimer:
Will write a lino to nay I arrived
hero at 0:110 p. ui yesterday on the
eetniHHhip ilertha. McCord aud
I which arrived at It o'clock thin a, in.
on the Nautit Anna. They left Seattle
three days ahead of me. The weather
Ih had aud Iiiih heen for the mint
month. Thogruod is still froen and
it in dllllcult to do much iu the way
of lailroad building. They are
unloading the II rut locomotive here
today. 'P'ore mo probably 100 Idle
men here waiting tor work. Wages
ore horn 'J.fi(l per day for graders
to fi.00 for hkllled lahoi. I like
tho lookM of the country aud am
Httislled with my move. Will get
tiusy cutting lumder Mouday mnrulUK.
Have got a fairly good mill aud jtiHt
fair lumber. Frank Flauuery aud
lirother aud Hugh tilllls ale here aud
they me ery sore, on the place.
They Hay it .lues not look good to
hard rock uiluerH. The town ha
about 51HI piMiplu aud all the husluesa
men urn apparently oatistled. It in a
good locution for a town, a teautlful
liarhor and 1 think will Ve u good
iu the esat ready for Investment in
legitimate miuiug euterprlees, l.ut
Investors hare tn he shown. Hut uo
sooner would I get them "shown" to
their satisfaction than the knocker
would net out hid hammer and it wan
all off. All I know now la that the
mo. ley Is here teady to he paid over,
hut if It la refused, I know of no way
of forcing It on anyone. The Morn
iiiK Ih not the only property iu the
district, and if the owner refuse
ourolfer, Home other investment will
he sought."
Mr. Davidson did not mention the
amount, hut It Ih uuderHtood to he
very much larger than originally
reported ?:iO,(ni), it i mi I (I, at the
Icatit . calculation. It la further
learned through other sources that
Mr. Davidson's llrnt clients sent a
man here to report on the property,
hot he fell annum a hand of knockers,
aud gave an adverse report He
Hiicceeded. however, in interesting
otliern anil raising tho amount nec
essary. It In learned through some of the
owner that the litlgatoiu Ih now
likely to lie declared olf, aud that
negotiation will he closed with Mr.
Davidson's company.
milmtautial place. Have not looked
J around enough to he ahle to pans
'judgment on the country generally,
hut an stated above 1 am quite satis
tied. I euclose you a Valrie paper.
You will notice quite a friendly feel
ing exists for Seward.
Kverythiug up here, even the Seat
tle Pout Intelligencer, In from ten to
twenty daya after date. Would he
pleased if you will roll up a few
hack numbers of The Miuer aud mail
them to me.
I Tell any of the boy who inquire
(that 1 am happy aa a clam iu high
' water an that my addles when thoy
'write in Seward, Alaaka.
; PLUNGER HOOLEY
BEHIND1 HE OARS
' Krnent Tenth llooley, whose mete
oric career and company promoting a
few years ago astonished the lluaucial
world, was artested iu Loudon Tues
day ou the charge of conspiracy to
defraud. llooley' colossal bank
ruptcy and the proceedings arising
thererfom were the seuaatlou of 1 808.
! Since then he ha beeti connected
with the various promotions, some of
which led to court proceedings.
Henry J. Law ton, another com
pany promoter, was also arrested
iu connection with the llooley
charges.
A lecelriug order iu bankruptcy
was issued against Kruest Terah
llooley June 8, 1808. llooley at
that time wax the biggest promoter
iu Oreat Hrltaiu. He as interested
iu bicycle and metal extraction con
cerns aud was supposed to be a multi
millionaire. He reached the pinnacle
of his prominence in 18D(J, when be
promoted a tire company, as the re
sult of which he was supposed lo
have cleared 81 'J, 000, 000. At that
time be was living a sort of Count of
Monte Cristo existence, buying
yachts and race horses and a number
of historic country seats.
The announcement of the bankrupt
proceedings against llooley caused a
great sensation in Loudon, though
iu the best Informed circles his
failure had been expected for some
time, owing to his inability to float
a Chinese loan. Eventually, llooley
was formally adjudged bankrupt.
The caplatals of the companies pro
moted hy him up to 1808 aggregated
60.000,000 to 165.000,000.
August 10 last application was
made to a London magistrate for a
warrant for the arrest of llooley on
the charge of fraudulently and by
false pretenses obtaining signatures
to check? and bills of exchange
amounting to over 1 050,000. The
magistrate reserved his decision.
August 8 the directors of public pro
seditious had beeu instructed to
investigate some of the transactions
of llooley iu connection with a sap
phire mine situated iu Cauada.
MILL FOR THE
MOUNTAIN VIEW
Dr. Walter Tecbnw, superintendent
of the Mountain View, is iu town
making arrangements tor the in
stallation of a tlve stamp mill with
cyanide process aud slime tables ou
the property.
This style of mill has beeu defi
nitely decided upou. Dr. Tecbow
says, aud plana to this end are now
iu the course of preparation. The
order for the machinery has uot yet ,
been placed hut will be iu a few days.
and the construction work will be
rushed to early completion Uaso
line power will ba uaed, as Dr.
Techow coucludes that this ia cheaper
than steam iu the locality of the
Mountain View. He says that every
effort will be bent toward finishing
the plaut at an early date and hopes
to have It running by September 1.
Timber and Homestead Filings.
Timber and homestead filings, as well
as final proofs, can bo made before
Charles 11. Chance, United States Com
misaioner, office in First National Bank
of Sumpter building, Similiter, thus sav
ing applicants expense of a trip to L
Grande.
WORTH READING
YOU CAN MAKE MONEY
IF YOU BUY THESE STOCKS
VALLEY QUEEN-PRICE 9 CENTS
Capital $250,000. The Coming Great Mine oi the Cable
Cove District. Recent big strikes show values ol over $181
per too. A sure Producer. An investment In Vallev
Queen will manv times double your money. j j j ji
BUCK. HORN-PRICE 10 CENTS
Capital $500,000. Will be a Greater Blue Bird. It has
the ore bodies oi this famous property. An investment
In Buck Horo is like finding money J J J J J J J
rite today for Prospectus and full information. Men
tion No. 60 and we will mail you free six months the
NORTH AMERICAN MINER
WHEELER & CO. lukirs 32 IRIADWAY, N. Y.
BATTERY
SHIPPED
! Additional Steam Stamps at The I. X.
! L. to Be Installed
Soon.
Fred Kelly, manager of the I. X.
L., was on the. train this morning
returning from Spokane, where ha
arranged for the shipment of a bat
tel y of steam stamps aud a elxty-flve
horse power boiler.
The stamps will be shipped at once
and will probably be on the ground
in a week. The boiler is expected
about June 1.
Relative to a compressor plaut,
which was mentioned in a late issue
of The Miner, Mr. Kelley says that
uo conclusion was reached, but tt la
probable this addition will be made
later iu the season.
The new battery of stamps is to
take the place of the one belonging
to the New York, which has been iu
temporary use to I he property. The
new iriachluery is to be installed at
an early date.
ROY CLARKE IS IN
EROM ERANKLIN MINE
t
Roy Clarke, of Juessen & Clarke,
niluiug engineers formerly of thia
city, came iu from Pine, Idaho,
where he is superintendent of tho
Franklin miue.
The Fraukllu is equipped with a
teu stamp mill, aud Mr. Clarke saya
that from 97,000 to f 10,0000 a
months Is being takeu out In the
course of development work. Mr.
Clarke left at once for Uianite, to
look after some mlulug. Interests there.
Ho will be iu the camp for two or
tbren days.
"Made Wages" Mining.
Clide Hobsou who baa been work
ing alone en bia father's placers ia
Bear Oulcb for a few week past,
made a partial clean up yesterday.
Although this ia his first experiment
in placer mlulug and bad no on to
give him a suggestion, he has aaado
something over Ave dollars a day.
Practically all of the gold take-o out
is coarse, most of it about taw size
of a grain of corn. Several unggata,
worth two or three dollars cab, were
louud. The Hue gold ciidautly
went to waste.