Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1882-10-13
FOorHa AoAntf JONES.


Real hsi,ts Record and BuIsien Guile.
A Washington correspordeut tells
hat Senator John p. jopos.ofk tvada.
4 10 eucoeed Mr.. Foleer a. s, ereiafy
d the Treasury The umel 4 come.
therelorc. when the exact truia should
be told shout NE Nevada senator.
Jones b "A prince Of good fellows p
he Is a man OF liberal ideas. Is gener-
Gus and large hearted, and is an ex
eeplioually brilliant coGversationalst.
As a story teller he Is without a peer.
though many Of his Anecdotes are not
such as would ediiy the family circle.
But this il at that can be aid Of him
10 the way Of o0mmendation. Jones
Is a mining sharp aud garhhler. and
one Of the most incompetent business
men In the country. His iile aud
training has been that Of an adYcntur
er aud speculat0r. He made bg sheer
accident some millions Of money.
which gave him the reputation OF
being exeeptlorafys killful in business
whereas bis f0TtODe was achieved b.
o9e lucky stroke He was sapsrin
tyLaent Of the Crown Point Mine. on
the Comstock Ledge. 4 bonanza was
struck, the knowledge OF which hs
had in advance Of any other person.
lie bought tne stock ADD continues
buying as it advanced he kept on
purchasing, until &C length he found
himse.s worth $1,000 900 or IS. 1000 900.
With this mo0ey 1e bought himself a
yeat 10 the United States Senate.
daying the reputation Of great wealth.
and being a hearty, companionable
person, he soon became very popular
At the capital. II was supposed, OF
course, that be mpst have had 4 great
deal Of business skill; whereas he
proved 10 be the veriest baby ia al,
Transactions requiring judgment and
foresight. He became the prey Of
very plausible knave who had an Ak
10 grind; he invested his money ia tie
stock OF bankrupt newspapers; he built
a costly Turli h bath at San Fran
cisco; he advanced money for a hotel
enterprise in New York; be bought
mines, all O. which proved worthless.
In short he committed every %eoneeiv-
able business folly, and when the
famous break occurred in the Sierra
Nevada mining deal it was understood
that he was seved from open ruin ~
the BONANZA firm. Rendered desperate
by his losses b. became, it is alleged
I. silent partner 10 a number Of swim
ding mining schemes. When a rich
fnancier was to be plucked, Jones was
used, 30 goes The story, as the stool
pigeon. lie was reputed rich, was
supposed &c have a great knowledge Of
mines, and hen he was z Senator Of
the United States, all Of which facts
gave him prestige with capitalists
whom it was considered desirable TO
rope into dubious mining ventures.
Jones has become a Greenblcker Of
the most advanced type be believes
in fat mcncy. lie has been heard to
declaim 3y the hour in favor of the
abolition OF all metallic money, for
shich he substitutes more paper. He
honestly believes the.dollar san entity
and not so much metal, having a
definite fneness and weight. and he
would measure all values By this met.
aphysicai conception. Such is the
ptrs m Thom it is seriously proposed
70 make Secretary Of the Uaited
States Treasury. An idealRt ia
finance, a blunderer in business whose
only recommendations ara bis good
nature, bis liberal views ard his con-
viyial Qualities.