Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-09-27

Tunnel bonds of 500 each as compensation
for some work he did for the Tunnel Com
Pany. He introduced me to several very
fine men, but they decided to act only on
what was recommended by their solicitors;
or they thought the work was too far away;
or did not have the paid-for Endorsement of
certain klackmailing financial paper in
London. Among the gentlemen he thus in
terested was one Henry T. Dale, whom
remember as clean, pleasant-spoken busi-
ness man, who had too much on his hands
to give time to me or to invest. Later on,
after 1 left London to return home
nearly broken-hearted, sore, under my
failure to convince people of the
integrity of nv intentions and
the desirability of the securities 1 was
offering, my friend was in need of little
ready cash, and borrowed from Mr.. Dale on
the three bonds as collateral few dollars.
Mr. Dale was a pleasant, good-hearted,
careful man, and on loaning to my friend
did so only to help him, not to secure the
collaterals. My friend was unable to pay
Mr.. Dale, and quit-claimed the bonds to
him.
HE FOUND OUT THE FACTS.
Later on he loaned another small sum to
my friend, taking $3.50 Tunnel bond as
security, and at last he quit-claimed this to
Mr.. Dale, who considered the entire trans
saction as a loss. In August of this year
Mr.. Dale, with other English gentlemen,
was in Denver, and to crafty curiosity,
called at the general Office of the Atlantic
Pacific Tunnel Company, to ask if the bonds
he had held fast were of any value, and was
almost knocked out on learning that they
were good for all they called for, and that
all these five years that have elapsed since
he kindly made the loan he might have had
interest promptly, and that it was ready for
him. That man now believes in our tun-
mel.
LAS years roll on there is great change
Foolish Americans go abroad to there spend
their time and money in benefting railway
lines, ETC., in the old countries Secretary
Foster says they have thus spent $50, 900, 000
this year. Had it been spent in this coun-
try, how much better for this country and
all concerned. As foolish people go abroad
to spend their morey, careful investors in
the old country are coming to this; going
into the South or West; going on beyond
and
AWAY FROM WALL STREET sKINNERS
and investing in lands, mines and such
properties as have length, breadth, depth
and substantial values Our people find
fault with wise Englishmen and others for
investing In this country, yet they say
nothing against those who invest $50, 900, 900
in foreign travel and foreign nonsense and
furbelows, that they usually seek to smuggle
into this country on their return.
Eyes, l am getting on well with the Col
orado work and never was in better health.
We start in on the East side of the Con-
tinental Divide, 80 miles due west from
Denver. The tunnel at this point will be
20, 200 feet long, similar to the Mt Gents
and st. Gothard tunnels through the Alps,
will be 4, 900 feet below the mountain tops,
and will lessen the railway distance between
Denver and Salt Lake City 230 miles. 1t
will put us into more than 200 rich veins of
gold and silver ore. We expect inside of
three years to take out S., 600 a day. There
are more tEan 1000 shareholders in the
scheme, and if drop out of this thing men
call life before the tunnel is completed they
will carry on the great work and reap the
reward 1t is progressing steadily every
day. Newspaper and political fame are
ephemeraL 1t is in this great American
enterprise hope to be remembered when
all else is forgotten"
CHARLES THEODORE MURRAY.