The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-04-18
THE WEALTH OF WASHINGTON.
william Hainsworth Talks of the Buried
Treasure to His Pittsburg Friends.

William Hainsworth Talks of the Buried
Treasure to His Pittsburg Friends.
William Hainsworth, of this city, has
arrived at Pittsburg. his old home where
he introduced the manufacture of steel
castings many years ago. The Pittsburg
Dispatch says of him:
Three years ago Mr.. Hainsworth left here and
located in Seattle. He hasn't been in Pittsburg
since, and he was glad to get back to see his old
friends. He built q foundry and machine shop
at Ballard, a town about Ave miles ON Seattle.
The land, valued at $4,000. W. 8 donated, and at
the earnest solicitation of a number of people he
built the plant. In time it was discovered that
with pig iron costing them $50 Ler ton they could
not compete with Chicago and Pittsburg, and 90
per cent. of the business in Seattle was gobbled
by the Eastern people. Then the plant was
closed. but the town continued to grow aud wax
fat. The Inhabitants built sawmills, shingle
factories and established lumber yards. In this
business, with immense timber tracts at their
backs, the producers reigned supreme. The
town now has 2,5o0 inhabitants, where three
years ago there wasn't house.
"The time 10 coming, however" continued
Mr.. Hainsworth. "when Washington will be the
greatest iron and steel center in the world. The
state abounds in gold, silver, iron, lead and coal
Its mineral wealth Is wonderful, and all it lacks
is development. The iron men will thrive out
there under free trade or protection. They have
the ocean near them and can compete with Eng
land on foreign rates, and toward the East are
the continental railroads. l do not regret that
went West. The men who built the town of
Ballard cleared 81 100000 Just now the people
in the far West have reached their limit. Their
money has played out and they are looking to
Eastern capital to help them. They have built
first-class cities and towns, but they need fac
tories and manufactures to support them.
These will come in course of time. Washington
is great country for young men. Its possibili-
ties are enormous. At present the real estate
boom has fattened out, and 1t il . good thing
for the cities"
Mr.. Hainsworth 10 interested in the Boston
mine, located in the skagit valley, north of Sc
attle and to get Pittsburg capitalists interested
is what brings him here at this time. The mine
produces lead and silver. He has with him
some specimens of the ore and several samples
of coke made in the Skagit valley. When An
drew Carnegie and H. c. Frick were in Seattle
recently. on their Western trip, they brought
back with them SONS of the coke. Mr. Carnegie
remarked to the crowd of gentlemen who came
to greet him that this was the first time he had
seen Mr.. Hainsworth with O clean face The
old gentleman usually spends his time in the
mills, where it is impossible to maintain a
white appearance. A general laugh followed
this sally, which was appreciated by everybody.
The vein in the mine If from six to thirteen
feet wide, while the pay streak ranges from two
and q half to four feet in thickness. According
to the assays the amount of silver in the ore is
eighty-dve ounces to the ton and 1885 per cent
OF lead Mr.. Hainsworth is greatly pleased with
the prospects.