Helena weekly herald., 1879-11-27
COMSTOCK MINES.
Disclosures Of the Great Stock Oper.
ator, Coll Dean.
The Flood Management Severely De.
nOunced.

SAN FRANCISCO, November 2O.-Union
Hall was crowded to suffocation this evening
on the occasion of the meeting announced by
Coll Dean, a prominent stock operator, fol-
the purpose of telling the public the location
of three new bonanzas, which he claims ex-
ist on the Comstock, and of denouncing the
management of the mines controlled by J. c.
Flood and his partners. Dennis Kearney,
who has for several days announced his in
tention Of breaking up the meeting, was pres
ent with large concourse of his followers
from the Sand Lots, and before the meeting
was called to order he rose in the body of the
house and attempted to organize the meeting.
Confusion ensued, and Kearney was arrested
and taken to the station house On charge of
disturbing the meeting.
Mr.. Dean, in opening, referred to his
speech some months ago before the Bullion
Club of New York, in which he stated that
he would make known the whereabouts of
three bonanzas, unless the management
speedily uncovered them. He deplored the
necessity of carrying out his threat and of
censuring a man who had opportunities for
doing good-J. G. Flood, the evil genius of
the bonanza firm. He then dilated at consid-
erable length on the alleged INSCRIPTIONS
course of Flood and his partners, and after
defending himself from the charge of being
inspired by sinister motives, proceeded to 10.
cate the three bonanzas. The first he assert
ed to be in the Ophir, extending into the
Mexican, probably into the Union and per-
haps into the Sierra Nevada. He advised no
one to buy on his say so as Flood would in
fate the stocks, and after unloading, break
them down and punish those following the
speakers advice. He asserted that the exist
ence of this bonanza on the 2, 2,20O-foot level
of the Mexican was known to the bonanza
firm TWO years ago, but that the development
in the Sierra Nevada was surprise to them.
The second bonanza, he asserted, was in the
2,2OO-foot level of the Hale s. Norcross. He
did not know that it was large one, and had
spoken of it before the Bullion Club as SIM
ply good prospect. He denounced the fail
ure of Superintendent Deidesheimer, of the
Hale & Norcross, to inform the stockholders,
in his official letter, of the strike on the 2, 100
foot level of the mine. The existence of
this bonanza, he claimed, was known four
years ago by the bonanza firm The third
bonanza he located in the Yellow Jacket, but
not stating its whereabouts definitely. He
then alluded to Kearney's threats to break up
the meeting, and claimed that he was acting
in the interest of j. G. Flood, calling atten-
ton to the fact that in all of Kearney's de-
nunciations of brokers', mining operators,
ETC., he had studiously avoided attacking the
bonanza firm. Referring to the Yellow Jack
ct bonanza, he said his statements would be
fully borne out by an exploration of the
mine, and that it was great mine. AS for
the proof of his assertion, he could not be-
tray the confidence of his informants, but he |
would state as earnest Of his belief that his |
wife had mortgaged her homestead to carry |
that stock. He said 'Let the management |
make cross-cuts where l will direct, and if
they fail to uncover ore bodies shall be cov-
cred with confusion and lose every dollar |
possess in the world. Should they refuse to
make such cross-cuts, it will then devolve on
the stockholders to take strong means to OBJ
tain justice. He then proceeded to denounce
Flood in strong terms, citing instances of the
manner in which he had duped his friends
and the public by giving them false informa-
ton regarding the condition and prospects of
the mines under his control, thus running
thousands. He intimated that the bonanza
firm was the agency that caused the failure
of the Bank of California, and compared
Ralston and Flood to the disadvantage of
the latter. The rapacity of these men, he
continued, should be no longer suffered. The
press, the pulpit and public opinion should
band together to check their lawless career.
lie advocated the formation of combination
powerful enough to fight the bonanza firm in
the market, and urges operators to enro.'
names for that purpose. He then gave Kear-
ney severe scoring for his action in the (
and concluded by an appeal to the
public to throw off the bondage of the bo-
nanza firm.
AT the conclusion of Deans address reso- {
lutions were read by Mr.. Fay denouncing the
manner in which, by the secret use OF the
diamond drill. purposely breaking the pump
ing gear, flooding the mines, putting out false
and by general dishonest man
agement and manipulation, the community
had been plundered; protesting against the
abuse of delegated power in the management