Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1872-08-05

TIE L.e.tisn Of the Dis.p.d Hisids
aevesled-A JeweleTS Opinisa
rs 70 uew Prsciess chsso Stones
Neatly Are.
The San Francisco ON of yesterday
contains over a coluQh OF Interview
ing In the matter oil tho Arizona ex-
follows:
Our reporter called upon several ex-
perts and they r Of the opinion that
the diamonds have not come from Bra
I'll nor from India, but they are not
prepared to say that the diamonds are
not from Africa. They believe that
there arc no African diamonds In a
rough state on the coast.
LOCATION or THE DIAMOND FIELDS.
The Call has Information, which
there Is every reason to believe relia
bic, concerning tho true location OF.
the diamond fields. They are situated
In the southeast corner Of Arizona
Territory, south Of latitude 80 degrees,
ut a point near the boundaries Of New
Mexico and Sonora. Any one, BY
taking a map Of recent date, can. rea-
div find where the boundary lines Of
Arizona and New Mexico intersect
Mexico on the south. The country has
several silver mines laid down, and
Apaches are designated as occupying
the same district. The country Is not
surveyed. II Is situated at no great
distance from the old southern road
crossing the country from Fort Yuma
to Ell Paso. 2
THE POOR CAPITALISM.
In answer to q question by n reporter,
a prominent member, All officer OF the
company, said: 49,
"They have not made a stock,loD-
bling operation Of It. In the first place
three men, who were posted on the
value of the discovery, had to pay the
sum OF 1850. QUO for the Interest. They
found that they had too big an elephant
OH their hands to manage alone. They
must have military protection ; they
mnst establish a costly lapidary estab-
llshment, for which they will have to
import workmen from Europe. The
thing Ia an Immense undertaking. Of
course the three men could make n
good thing out OF 1t, but they can
make u better thing BY letting In other
capitalists, for the field Is large, and II
there Is more than three men can sue
ccssfully manage, others are bound to
share the profits. The Idea was that
It would be better to have their friends
share the profits, than to have them
gobbled BY strangers. So they let IN a
few wealthy friends at $40 u share.
The report In the Chronicle Is a notori-
Gus talsehood, that the Trustees were let
In at IS per share for the use OF their
names. Not one OF them got q share
ut less than $40, and even ut that
figure they were considered favored
individuals. They did not intend to
make the discovery public, for they
had no stock to thow on the market.
But letting their dozen friends into the
great secret, the thing leaked out ; and
then, as they had nothing to conceal,
but intended everything to be open
and above board, they allowed the
stones TO be examined IN the Directors
room of the Bank Of California. The
thinx raised such All excitement that
the Banks private office was Hooded
and greatly disconnected, and so they
were removed to the office Of the Secre-
tary, where they were on exhibition
for two days. There Is no stock on
the market. and none has been offered,
although some has been sold to parties
who can be Of use to the incorporates
III way or another"
louARTz NOT DIAMONDS.
A jeweler doing business on Mont
gomery street, Informed a Cal repor-
ter, yesterday, that he (the jewellery
and several others engaged In similar
businesses, Inspected the display In tho
Secretary's office OH Friday. They, OF
course were not allowed to subject the
stones to any close examination, and
had to be content with gazing at them
through the glass case. They, however,
saw clearly enough to ascertain the
fact that some, at least, o the so-callcd
diamonds were only pieces OF quartz.
They made their discovery known TO
one or two Of the diamond owners.and
Yesterday the diamonds were not ex-
hlblted at all. The jewellers say that
there Il no doubt chat some Of the
stones exhibited were diamonds, but
equally clear that many OF them were
only quartz. As to the ''rub,es," the
jewelier above mentioned stated that a
large number OF the stones exhibited
as rubies were evidently only garnets,
and very small at that: land" said
he, ibid you notice those pieces OF
crystal In the case?:" Eyes" said the
reporter, what about them?' well
they were only crystal, and almost
~valueless." What was the object Of
putting them into q case with dia-
monds and rubies ?" said the reporter.
II do not know, unless 1t was In Or
der that they might be mistaken for
diamonds BY the crowd" "What
now do you think you would give for
the lot In that glass c~ase-$l0,0 COOP"
Jeweller-No. sir I would not. ]
cannot say, OF course, what the stones
are really worth, without examining
them ; but I do not think they are
worth much.
Reporter-Roberts says they have
three thousand diamonds, In the Bank
Of California.
Jeweller-Yes? Well, the fair infer
ence Is, that II they will exhibit quartz
along with their diamonds In tho glass
case, that they have a good deal Of 1t
their diamonds In the bank,