The Bozeman weekly chronicle. (Bozeman, Mont.) 1883-1889, 1883-12-25
Sarah Bernhard gets man and
in a New Role Makes
Things Lively.
San Francisco Merchants Com
plain of Falling of of
Northwest Trade.
More About Willard and the
N. P. From a Boston
Standpoint.
The Discovery of a Rich Gold
Lode by the Well-known
Jack Nye.
Regarding the New Kali
road to the National
Park.

NCkdI uAAA6 eAAS
road to the National
Park.
A Boston Opinion.
BosroS, Mass, Special Telegram, Dec.
22.-The Transcript this evening, in
| commenting on the retirement OF Henry
Willard, gives the followingfacts concern
ing his speculations:
First-Mr. Wizards following was a
hli-l ce'lnwing, almost always in the
dark, often rejoicing in darkness and
still in darkness Second-Mr. Wizards
management. was marked by extravag-
ance. The Commissions paid for the
negotiation Of N.rthern Pacific loans and
for financial assistance have aggregated
between $5,OOO,ON and SlO,OOO,OO0.
Third-The cost of tina, portion Of the
Northern Pacific road tnilt by Mr.. Vii
lard has been above $4,000 per mile,
and will cost, completed, above $4,000
per mile. The bankers commissions
upon the funds raised to build this line
amounted to $4,000 per mile-the cost
per mile OF an ordinary Western or Kan
sas railroad. Fourtn-The amount of
capital involved with the Oregon and
Transcontinental company, rising $780,
100000, was too large for the meager po-
pulation of the States and Territories in
which it was invested to support imme-
diately, according to the expectations Of
the investors. Fifth-The speculations
of the Oregon & Transcontinental COM
pany extended beyond the domain Of
the Northern Pacific and Oregon COM
panies, were apparently without end.
This is one of the reasons why all it's
assets and liabilities cannot now be made
public. Slxth-Alr. Willard showed lack
of judgment regarding the attractions Of
a new road and new country for inves-
tors, when he invited the world to wit
ness the joining Of the Northern Pacific
rails. Selling securities by the excur-
sionists assisted the downward move
ment of his securities.
Seventh-Mr. Willard misled the pub
lie and his associates in regard to the in
crease in the stock of the Oregon &
Transcontinental company, when it was
raised from $35,OOO,OOO to $4O,OOO,0 600.
We are not able to confirm the report
that the Oregon & Transcontinental
company's floating debt was found to be
nearly $25 100000, but we can confirm a
report that a new Indebtedness of ST.
100000 has been discovered for the Ore
gon Improvement company. Here is a
company with 100000 capital and
about $5,00o,O0O funded debts, which re-
Gently sold to Boston investors $4,000, 900
| OF caplIaI 10 Cauvol I'LL It's n oucii,s i.,aobt-
edness. 1t then raised its dividends to
per cent. Within the last ten days a
new indebtedness of 81 100000 is discov-
cred in Oregon and endorsed as genuine.
But Mr.. Willard says he never heard of
it before. The resignation Of Mr. Willard
is viewed with satisfaction, exceeded only
by that which welcomes William Endi-
colt, Jr., as his successor. Assurance
that Mr.. Endicott takes the management
of the gigantic Transcontinental enter
prise only from the desire to serve his
associates, who have invested here al
most wholly upon his personal character,
is needless. He has already more pub
lie and t1ust responsibilities than any
other man in Massachusetts of like per-
sonal fortune, and for several years has
only desired for himself business relief.
His clear penetration which has laid
wide open many a difficult problem
before, will soon reveal the depths in
the Oregon 4 Transcontinental COM
pany."
ST. PAUL, Dec pa special from
Bohemian to the Minneapolis Journal
says: A short time ago Jack Nye, well
known in Yellowstone county, came
from the Big Horn country with the as
sertion he had discovered the famed
'lost cabin lode" 1t is situated near the
headwaters Of the Big Horn. The river
cuts the lode in two. At this point the
lode is 800 feet wide and shows up sixty
feet high on the washed faces. He traced
the lode across the country for twenty
five miles and in places found it 620 feet
wide. The rock is free milling quartz
and is uniformity rich in gold, every pan
showing fine prospects. Nye wired his
father and uncle, residents of Minnesota,
and they with him are now on their way
back to the ledge. Should the lode prove
az extensive as reported it is certainly
the largest rich body of quartz in the
known world. Old miners believe in the
discovery as given, on the theory that all
rich veins in a mineral bearing country
must be the emanations from backbone
of mother lode. Many years ago while
some men were prospecting up the Big
Horn river the country was alive with
Indians, but the party made their way
through the hostile country till the head
waters of the stream were reached, here
the prospectors finally ran across body
of ore so large and rich that they could
hardly believe the evidence of their
senses. They built boat with which to
descend the river and started back after
supplies and enough more men to with
stand the attacks of the red men. On
the way down two of the men were kill
ed by the savages and the third reached
civilization more dead than alive. He
related their experience but would not
give the exact location of the wonderful
lode. Through his privations, suffer:ngs
and constant bordering over this i'm
mense mine of wealth, the survivor be-
came insane and never was able to return
to the lode.
PARIS, December 21.-The appearance
in the stores of Paris of satirical bio
graphy of Sara Bernhard, written by
Marie Columbisr. who was once her
honored friend called forth the wrath Of
Miss Bernhard and she appealed to the
police for the suppression of the book