Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1863-11-06
THE OLD THING.

A column and half of the San Fran
cisco Buaetis of last Tuesday is devoted
to The Story of a Promising Nine" 1t
is copied into this mornings Union, but is
too long for our columns. The following
is the story in as few words as we can tell
it. If the story is true, man named VIII
son, who must be ineal descendant of
old Salter himself, has played a great
number of the leading men of San Fran
cisco merry string. He commenced OPP
erations about year ago, and since that
time has made dupes of such men as
Messrs. Peachy, Lafayette Maynard, Pho
che, Bayerque, Hall McAllister, Barron,
Judge Heydenfelt Ogden, Hoffman and
Others of the shrewdest and wealthiest
capitalists of San Francisco. The exam
pie of these big fish has been followed by
the minnows of the money market, and
all sorts and conditions of men have
rushed into the net of Wilson, the cum
ming " fisher of men," The net thus cum
ningly spread was the Santiago mine, and
If we are to believe the almost incredible
tale these shrewd business men invested
their thousands upon the mere "say so"
of Wilson and the sight of few speci-
mems. The story goes on to tell how,
through the Vaccinations of Wilson and
the Superintendent of the mine, system
of "salting" has been carried on which
has stimulated the confidence of the stock
holders to the highest pitch, leading them
to believe that the rock was paying stead
lily at the rate of $40 per ton, and that
their investment was first class. Assess
ments at the rate of $4,000 every sixty
days have been levied, and up to within
short time have been promptly and cheer
fully paid. These were ostensibly levied
for the purpose of purchasing a mill.
Suddenly however, an engineer at the
mill where the crushing is done gives an
item" to a friend among the stockhold-
ers sample ton of rock is crushed at the
Mexican Mill, and a rat of huge dimen-
sions crawls forth from the amalgamating
pan to horrify the eyes of the stockholders.
The rock won't pay for crushing!! An
other assessment is levied, but the stock
holders weaken. The tale Of the great
humbug goes forth through the columns
of the Bulletin to astonish the world.
Meanwhile Wilson, once the owner Of
$500 feet, has sold out all but l9 feet, at
rates varying from $65 to $l75 per foot.
The delinquents stock is now advertised for
sale, and we see the names of the disguised
stockholders paraded in print and oppo-
site them the terrific amounts Of assess
ments, ranging from $4,000 downwards.
This whole story looks to us as i'm
probable in the highest degree. That such
men as those whose names are connected
with the transaction should suffer them
selves to be gulled for whole year in
such q barefaced manner and to such an
enormous amount seems too absurd for
any kind of credenee. We give it, how
ever, as told in the Bulletin, which paper
has undoubtedly the authority of the par
ties for its publication. There is an idea
that forces itself upon the mind of "the
man up tree" which may be the true So
luton Of the mystery, and that is embo-
died IN the following sentence in the Bal-
Letin
There may be some who, having no faith in
mankind, will insist that this is gigantic
game of freeze-out.
We believe you, my boy! There are
" some who will insist on that very thing.
Freeze-out Is the old thing" but for
such men as Solomon Heydenfelt Phoebe
Bayerque, Barron and that crowd to make
Johnny Raws Of themselves, would be
something decidedly new under the sun.
The proposition Of the Bulletin that "citi-
liens generslly will believe it to be one
insta nee out Of many that seldom cometo
light, where the slrewdest and most care
full and honorable business men are led
into operations whose results are more re-
GREETED by them on account of the NORTH
cation they must feel at seeing poor men
ruined by being drawn into the enterprises
on the strength of their names, than for
the thousands of dollars that aretaken out
of their own Golfers and SUNK" is too hard
to swallow. We shall undoubtedly hear
more of this matter; we are open to con-
viction, but for the present avail ourselves,
Of our constitutional right to doubt
DEATH OF A VALUABLE CIrIzEN.-The