, 1872-12-05

person even. who had the entire confdence'of
his associates, to commit numerous frauds on
the various members Of his party without their
suspecting it.
= Among other places examined was point OF
rocks near BY, and overlooking the place where
Mr. Janin and others did the washing of the
dirt that produced the precious stones brought
to California in August last. On this point
found some rubies scattered on the bare rock
where. in my opinion, it would have been as I'M
possible for nature to have deposited them as
for person standing in San Francisco to toss
marble in the air and have it fall on Bunker
Hill Monument.
AL these investigations forced upon my mind
the Irresistible conclusion that the general as
aortment of precious stones found On the ground
we're not placed there by bounteous nature, but
we're strewn by the designing hand Of one whose
supply was only sufficient to place limited
the eye Of coming expert would- most readily
discover them
The precious party. after returning from the
ground, related that, in one hours work, ten
Ren n. picked up 2a5 diamonds: Il is understood
these we're all found in the locality before de-
scribed. If so, it is to be regretted that they did
not, in the eight days they were Oh the ground,
spend one hour more n.prospeoting- other por-
lions OF the 5000 acres they surveyed. In which
event, feel certain that the second hours labor
would not have produced single precious stone,
leading necessarily to such further investigation
as would have demonstrated that the diamonds
that party found we're all confined to the narrow
limit: Limits :. Of +. this s small barren yet prolific spot
least, many unfortunate complications.
Believe me, gentlemen, WAS not unnindfu1
Of the great responsibility Of carrying out the
expedition, and of making this report, which
less, having when I LETT home ~ . cssh value % Of
many millions Of dollars. The honor OF this
Board, and the many interests Of the commu-
nifty, demanded an immediate examination Of
the property without q moments delay, and be-
fore any intimation could be given Of our move
ments. Itwas not 8 journey to be coveted; for
no mere pecuniary consideration, am satisfied,
would have induced any member of our party to
undergo all the hardships and perils Of such d
trip in the mountains at this season Of the year,
ed much Of the time by snow, With the ther-
mometor fifteen to twenty degrees below zero.
In behalf Of myself and The gentlemen who
accompanied me, whose names are already
given, the only remuneration We ask at your
bands for undergoing the hardship Of this jour-
ney is, that you will spare no time, money, nor
skil in finding out the guilty parties to this un-
pars1leled fraud, and bring them to speedy JUS
tice. The good mama OF the State and the credit
Of our mining interests demand it..
nonncing the location Of these so-called
s diamond fields Of Arizona" !" from the fact that
consider it high time the al1uring fascination
Of secrecy and mystery be dropped from this
Q1Am0nQ e1C1taf0e0t, ana the Wofla % 0fOuEat
to understand that II there be any such in
mense deposits OF precious stones as this excite
n1ent has led them TO believe, the deposit is
yet to be found as it is my honest belief TINT to
this time no new or rich discovery has been
made in the section OF country this mysterious
whisper has pointed to.
In the few days have been connected with
the management Of your company, it is impossi-
b1e for me to give you the best information as to
who are the guilty parties in putting this fraud
upon the world, but the unimpeaohable integrity
Of every member Of your Board is q sufficient
guarantee that this investigation will be. 80
thoroughly conducted by. you a. to do justice to
al parties concerned. Trusting my course in
this matter may meet the approval of your body,
I remain, very respectfully,
DAVID D. CoLroN.
SAN FRAEc1sco, Nov. Is, 1872.
The undersigned, members Of the Board Of
Trustees Of the San Francisco and New York
Mining and Commercial Company, having be-
come convinced by the foregoing reports Of tho
worthlessness Of the pretended diamond fields
referred to, haTe deemed it due to the public to
publish the above reports and denonnce the
fraud -perpetrated upon the Company and the
stockholders by the pretended discoVerers.
No further stock Of this Company shall BE- is-
sued, circulated, or transferred, and at the
earliest moment the certificates shall be can
celled and the Company dissolved,
4. Gansl, VIM. n. Lent. Thomas h 8e1by, III.
s. Latham, Maurica Dore, Louis Sloss, " F.
Babcock, VIM. G. Ralston, Treasurer Vim.
Willis. Secretary.
: AAN FRAEc1sco, Nov. d, 1872. :