Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-28
MILLIONS IN MINES.
Our Senators Making and Losing
Fortunes In Gold and Silver.
sAwYER's LUCK ON THE POTOMAC
BONANZA Msckays Unostentatious Life ct
the Capital City.
NEW STORY OF BOLD TOM ocHmrR1E


and silver mines which are being developed
in Colorado are creating considerable in
terest at Washington. A large number of
the Senators are interested in one way or
another in mining and there are bakers
dozen of them who have financial ventures
out on gold or silver seas
Senator SAWYER is still working his gold
mines near Washington. These are about
15 miles up the Potomac, where the Sena-
tor owns about 400 acres of land, and where
he has little stamp mill which runs along
pounding the quartz to pieces, but which,
up to the present writing, has not made .
fortune for its owner. Some large nuggets
have, been found and some of the quartz is
very rich, and for time the average of the
stamp mill was $33 ton. On the whole,
however, I understand that the mine has
not paid, and it is repetition of the old
story of Southern mines I interviewed
Thomas Edison last summer on the mines
of North Carolina and he told me that
none of these mines were valuable enough
to pay for working them.
spooner's Nuggets From the South.
Still q number of the Senators are invest
ing in North Carolina mines, and Senator
Spooner and the late Senator Hearst had
what they considered . very valuable lead.
Spooner had number of large nuggets of
the purest of pure gold which he kept on
his library table and showed to his brother
Senators when they visited him. There
were enough of these nuggets to have filed
quart measure, and they were of all shapes
and of different sizes Senator Plumb had
some interests in the South, but he owned
some very valuables mines in Colorado, and
he was, think, interested in the Little
Pittsburg and other mines at Leadville.,
chatted with Senator Teller last night
about the Colorado mines. He says that a
great deal of fine gold bearing rock is being
gotten out at Cripple Greek under the shad-
ow of Pixies Peak and that this promises
to be one of the great gold camps Of the fu-
ture. People are coming In from every
where to prospect and speculate and two
railroads have been surveyed which will
open up the region. As it is now, it is only
18 miles from the railroad and there will
not be much trouble in connecting it with
the rest of the world.
Senator wolcotts Good Speculation.
Senator Teller says that the new silver
mines which have been opened up at Creede,
Col, are of wonderful richness and that the
indications are that this locality may be-
come . second Leadville. It is here that
Senator Wolcott and. his brother Henry
have mine which they bought last fall in
connection with two other parties for $780,
900. They paid $50, 900 cash and were to
pay the remaining 5000 by the LIST of
next June. Their mine has paid from the
start and they had gotten enough out of it
l. Al l. Al
s10O, 900 tor which it was sold to
them and all they get now Is pure
profit. The mine has turned out thousands
Of dollars day, and during the month of
January it turned out more than $67, ,000
The mine cost Senator Wolcott cash pay
ment of only 81, 800, and, if it lasts, it will
make him rich. This will, however, not be
the first time he has made money in mines
He made, it is said, between $100, 900 and
5000, 900 out of . mine he bought in Lead
ville and his brother and himself are said
to be among the shrewdest of investors and
speculators
Tho Nan the Robber Bulldoz.d.
Senatar Teller says that Dave Moffatt,
the Denver millionaire, has large interests
at Creede, and that he is making big
thing out of the mine at Leadville, for
which he paid $4,000 shortly before the
Dduk TODUer UuiluOLcu ulm OUT OIL THAI FlU,-
900 with dynamite, and that this mine, in
stead of being poor investment, has been
an excellent Que. Moffatt, it is said, con-
sidered it worth nothing for some time, and
his friends pitied him and condoled with
him about his bad purchase.
You will remember how the robber drew
a pistol on Moffatt in his private room and
with this in one hand and bottle of some
kind of liquid in the other which he said
was nitro-glycerine, threatened to blow
Moffatt and the bank up unless he would
write out him check on the bank for $20,-
900 and get him the money on it Moffatt
looked into the shining barrel of the re-
volver. He glanced with terror at the curl
ously shaped bottle of curiously colored
fluid and seeing that there was nothing at
his hand with which he could defend him
sell, he wrote the check and accompanied
by the man with the dangerous bottle in his
hand, he walked with him to the cashiers
desk and handed over the check to the
cashier, saying in low tone, 'This man is
robbing me-"
A Great Bluff With Sweet OIL.
The cashier, however, thought he was re-
ferrlng to some new mine he had bought,
and his mind went at the time to this $7O,-
900 mine which was then though
to have turned out badly, and he handed
the money over to Moffatt Moffatt gave it
to the man and he rushed from the bank
and though Mofatt raised hue and cry, he
was able to escape. He threw off his coat
in doing so and in 1t the bottle was found,
and the supposed nitro-glycerine turned out
to be sweet oil This thief was never dis
covered, but the $40, 900 mine speculation
which promised SO poorly and which in
directly aided the villain, has since paid
several times as much q Mofatt's loss by
him. II
Ex-senator Tabor, Of Colorado, was in
Washington q few days ago, and during his
stay here he said that he was going to make
q big fortune out of his Mexican mines, his
suits concerning which have Just been
settled in his favor. These are old mines
which are being reworked, and Tabor paid,
I am told, $90, 900 for his interest in them,
and he contracted at the same time to put
up stamp mills, and to build such machinery
as would enable them to 60 in at the side Of
the mountain and get right at the great vein
of ore in that way. Tabor became million
81 300, 900 out OF the Little Pittsburg in four
months.
The Great Senatorial Scandal
Senator Tabor might have had fair
reputation as business man and as a
practical millionaire had he kept out Of
politics. But he lost his head when he
made his millions in less than month and
nothing but a spick-span new wife and q
famous position would satisfy him. The
story of his divorce from the woman with
whom he had lived and worked all his life,
of his marriage in justice f-peace's office
in St Louis to divorced woman and the
joke which he perpetrated upon President
A rthur and Washington society when he