Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-06-15


ceased TO contribute Its weekly ship
ment OF bullion to the Denver capital
ist. Water found its way into other
properties and costly jumping plants
were engulfed by floods. which closed
up the workings and led TO abandon
ment.
Almost simultaneously began the
erection Of sky-scraping office build
inge on every eligible corner within
half n mile OF Tabors realty interests.
Tenants began to desert him. Rentals
fell of, and the senator who had OBJ
tained international prominence by ex-
hibiting I'm washington his $4,000 slum-
Der robe felt the first touch of finan-
clal stringency.
Hunting Bonanzn.
II was only natural that he should
return to his FIRST love and explore
numerous claims derived through
grub-stalslng in search of one on
which he would make the greatest
play" OF his life. Turning over the
management OF the Denver business
to his faithful wife, the senator set
out with his manager, Peter McCourt,
to look at various prospects In Coll
orado. Utah. Arizonla and New Mexico.
Last November the fortune-seekers
penetrated the Jesus Maria district, in
Old Mexico, 200 miles west of Chihua-
hua, on the western slope OF the con-
tinental divide. where the Santa Ed
wigo mine Is situated. This property
was q good producer, acquired years
ago through information by an Ameri-
can mining superintendent, who pro-
nounced 1t bonanza II properly han
died with modern machinery. For 200
years IL had poured out its yellow
treasures until, with the Increasing
depth. water drove out the natives.
In his flush days Tabor bought the
mine. ana paid no attention to its
probable richness untll necessity led
HIN into the wilderness. He was In
quest OF a bonanza-nothing else
would suit hlm-and here was a worthy
successor to Little Pittsburg.
dilemma was presented with the
proposition. At least 100000 would
have to be expended in Il doubtful
venture. and In Tabors crippled finan-
cial condition no one In the United
Stotes would advance him a penny, so
he resolved TO apply to the Bank of
chihuahua. The Santa Edwlgo was
well known and so was Tabor. With
out much delay n loan was arranged
TO be paid from the first earnings of
the mine.
Every hour was precious, and Tabor
and McCourt literally peeled off their
coats and gave the natives such a
demonstration Of American energy that
the installation of machinery and
stamp mills went forward more rapid
~ than ever before known In the
sleepy southern republic. Both men
cheered the workmen day and night
to the completion Of the great under
taking At last steam was raised.
pumps began their monotonous chug-
chug, and the murl0y water came TO
the surface in an immense stream, as
welcome as fountain to famished
travellers Ia the desert.
Having cleared the lower galleries.
mining was resumed, and the stamps
started to pound out the salvation az
Tabor Half million was needed to
clear the mortgage at home and raise
obligations contracted at chihuahua.
ana only five months remained before
foreclosure in Denver To raise the full
amount was impossible, but the Colo
radoans proceeded to raise the full ca
paclty Of their mill. trusting that they
could obtain nm extension on showing
substantial proof OF this latest strike
Al best they could not realize more
than 100000 or $4,000 a month, and at
that rate they would not have long to
stave of creditors.
The faith of Colorado people In Ia
Dor luck had never waVered. and at
the advertised hour OF sale nearly a
thousand spectators gathered at the
courthouse to witness the dramatic
announcement which they expected
win mistaken faith. 1t was surmised
that odd man" Tabor would drive
with an express wagon loaded with
gold and redeem his property at the
last moment.
Much as II was TO be desired, how
ever, this climax was not presented,
nut when the auctioneer was about TO
comply with the order of court, Peter
McCourt served an injunction restrain
ing the sale. Even this diversion elicit
cd rounds Of applause and the disin-
terested multitude expressed relief by
crowding AROUND McCourt and shaking
his hands and arms.
This was only play for time, and
me reprieVe could not last longer than
u nearing on the merit of the claim SET
forth In the application FOR Injunction.
that the sale was the result OF a con-
spiracy among creditors to obtain a
valuable property for nominal consid-
Grafton.
But the next day, the Santa Edwigo.
1t was whispered, had confirmed its
traditional reputation as a bonanza
While not giving out gold sufficient 10
MT all mortgages up to date, IL gave
such assurance Of millions that NIre
Swlckheimer stepped in and relieved
Denver. ia
She has given the old man two veors
IN which TO repay her, and there is no
doubt that he viii soon again he
multl-millionaire.