Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1872-11-26
GREAT DIAMOND HOAX.

And now, just when the hitherto
doubling Thomasss throughout the
country had finally given In and come
IN firmly believe that the rich diamond
fields Of Arizona, New Mexico, Wy
omine and other recently designated
localities were a fixed and honest fact,
comes one Cotton, a King, a Fry and
a Bost, and others In authority, and
deliberately pronounce the whole daz-
cling tale a humbug-a cruel fraud.
A. the meeting Of the New York
Mining and Commercial Company,
held yesterday afternoon in San Fran
cisco, the reports OF the above-men-
toned gentlemen, who have been ex-
aiming the diamond location. were
read, exposing the whole swindllng
humbug. The telegraph says:
The trustees adopted resolutions de-
nouncing the whole thing as tho most
gigantic fraud ever attempted to be
perpetrated OH q community, and
warning people all over the country
to have no more to do with It. Rail
ston, Of the Bank Of California, holds
all the stock which was sold. so none
will be losers save the orlginators OF
the schemes Of survey and and pros
pecting and the purchasers Of those
discoveries. It now appears that Ar
mold and his confederates realized
about $3.50. 900 by their operations. In
his report, Clarence King says: The
party explored the vicinity OF Table
Rock, and found diamonds and ruotes
on the surface and In crevices, but In
each instance there was evidence OF the
soil having been tempered with. In
~creyices where there were no traces OF
mems work we found no sort OF pre-
cious stones. Some were found In
what were evidently artificial holes"
The conclusion arrived at by him Is
that the gems exist In positions where
nature alone never could have placed
them. and do not exist where, II the
occurrence had been genuine. the In
eyitable laws Of nature would have
placed them. and finally that the fields
have been "salted." The other re-
ports named corroborate that Of King.
A private telegram received By US
to-day from San Francisco, says that
Colton's report concludes as follows:
have taken the liberty OF announ-
cling the location Of the so-called dia-
mond fields Of Arizona, from the fact
/ consider 1t high time the allurtng
fascination Of secrecy and mystery
be stripped from this diamond excite
ment. and the world brought to under
stand that II there be any such In
mense deposits Of precious stones as
this present excitement has led them
to believe, the deposit has yet to be
found. as it Is my honest belief that up
to this time no new or rich discovery
has been made In the section Of coun-
try this mysterious whisper has point
cd to. In the few days | have been
connected with the management oil
your company it Is impossible for me
to give you the least Information as to
who are the guilty parties In putting
this fraud upon the world but the un-
Improbable integrity Of every men,
Der Of your Board Il a sufficient guar
antee that this Investigation will be so
thoroughly conducted by you as to 10
Justice to all parties concerned.
DAVID D. COTTON,
General Manager.
This may be all very nice to those
who like 1t, but having opposed the
fraud from the very first until recently,
when proof added to proof has reluc-
family compelled US to yield our belief
We are in no mood to retract-not at
all. They have wrnng US into the
game. Diamonds were trumps. They
have led diamonds. and followed up
with diamonds, and now we call for
them till the last trump shall be
played.