The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1874-03-05
MALNnR Ilnrsr.


wrote 70 ne IL New York a, follows.
WALKER IlousE,
Salt Lake, Sept %, 1872 {
My DEAR SIR; II have becu through
the mine, aud am laI more than satisfied
With what have seen. think II Is quite
impossible for any Que TO 20 through,
without flu conviction that it Is a mine
OF immense wealth, aud that we are IN
possession OF a splendid property; the
sole difficulty i. the being allowed 10 hold
il IN peace.
Yours faithfully,
GEORGE ANDERSON.
10 lion. 4. " Park
This was year after iny sale, aud aft
er ten dividends Of s75, 900 each had been
paid; and it is proper TO say that MIR.
Anderson aud his friends owned very
largely ia the stock, aud after his visit
purchased much more al above par.
IN October, weut to Utah to try the
case against the claimants, and obtained
final judgment for the Company Mr..
Anderson was atil there and visited the
mine again, and from his report (my
health did not permit ny going with
him), aud the reports Of others, orcered
1000 shares purchased at the market
price and all that could be got at par, =.
Ny agent purchased , ,0l5 shares At above
IL pc. cent premium.
1t will be seen from what have writ.
ten that part Of the mine was purchased
on the strength Of their previous knowl.
edge Of the mine aud Oh all examination
by a competent party selected by the pur-
ehasers themselves; that three different
English directors examined the mine at
intervals of about three months and
were more than satisfied with their pur.
chase; that nine months after the sale
was willing to re-purehase the mine at
what we sold il for (and at that time it
would have sold for much more); that
even year after tue sale purchased
largely in the stock at above par; and
iiuatly that any stockholders, after having
already received u - per cent ia diyd-
ends, aud having had fourteen months il
which 10 investigate the property, ii he
was dissatisfied with his bargain, could
have sold his stock at above par.
may add here, that never hcai Il Of u
person, FREUD or foe, who visited the
mine, that did not make u very favorable
report upon il, aud It's future prospects.
1t j., charged that the mine i, worked
out aud OF 40 value. II this were trne,
10 oue is responsible forit Certainly not
the sellers any more than the buy ers), a-
no ouc eau look into the bowels Of lhe
earth. Investments IA all mines are to
an extent speculative; mines sometimes
proving TO be worth one hundred times
tAcir cost, aud sometimes giving out con.
trary to The expectations VI every oue.--
But ia fact thi, mine has not given uul (;
not ouc-lwcmialh par OF the ground has
yet been explored even, aud the mine is
now aud for some time has been earning
over 81 900 net per day.
Auy one at aIl eouyersaui with ,he Al..
tory Of mining enterprises, knows The un-
certainty OF the business; great gains OF
great losses are the common experience.
Among my mining investments was
$4,000 gold in the Providcuiia Mine.
ia Nevada, which proved total Ios., as
well as other investments there; bat !
never thought ans ouo had cheated mc.
wish 20 say d few words as 10 my
connection with the railroads ol Vermont.
/ began 10 invest iu Vermont railroads
over ten year. ago, and have never fr.
ceiyed a dollar 10 iuleacst or dividends g..
thl. day, on my invest mcut-. / hayr
had opportunities go sej cut, a3,d -h9Uid
have done rs, if I bad not isIt pledged lo
protect Kiss Interest. ag lbe community
dependent upon Ibe .gad
There are $50 doubt nauy r5mmauitlp.
taat safer lf9m railroad Ug.iaH ,-aad
FROM want OF proper railroad aeeHuur-
dallyus, aui 10 bug dpuBf lbgfc arc
those 10 Vernon, IS wbs Il8ur.fIs lrrlicer
tbey hsga Ja.t eaa,c ol aDp.atul sgaiu.l
che railroad management m tla. stale.
wi'a Wbiza { asa connected IetI be-
iicte uIere s Hg safeiu fi.s at.laa befg
lise people sfe 20 we. ,egsf lf fsr rti.
road- aua haye 80 lHUr r4ure - r.stB-
pislut a- the people ~ Neru3uf spa &
irasE great improvements wlIi h. made
30 he tutare ddius lgthe fyl3itie. 81.
rea iS enjoyed
& j. possible, and perhaps probable,
ihsi bosti 4stisH by lte people o. u.e
Legislature may destroy tue preseat sYs.
ieH. lai L -. wi. ii Wogdi n0f pf0ga.
bly be 70 my peeauiary disadvantage. q
vii be discovered whether tie opposl.ios