The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-05-31
HON ]. SLOAT FASSETT

Visit q : Distinguished New
Yorker 70 Seattle.
THE AlAsvels Or MONTE cRfsTO.
N. 1asssss Rsvssvs ~ Csssss - -
DsDssssssa = nsss.sss-Hessnsse
Qsssass = rsassasa.
Hoa- J. elcat Fassst4 a ths ststs q
NsW Yofk Who he's bssn making tour Of
the Pacific ssstss, haa juss returned from =
visat 70 Monte Crissol He il much in
tesestsd IN SsatfIe and its anxiliAry in
dussries, and hes formed . very high opin-
lon u the prospects of mining IN this stAta.
II have besn actively intsrssfsd IN mir
Ing for ffssen ysars. b said ysstsrday -
. Posr-Is1xIL1sxxcxs reporter, land
looked forward 70 my Monte Cristo trip
With critical insentiona had heard Of
the district from, might almost say
hundreds. Who had sishsr Waited Is or had
some direct or indirect interesfA ] return
with the conviction that IL - : skhpsndous
Undertaking. and that ~ most snthusi-
astic admirers have not overstatsd the
conditions The natural difficulties are
great but capital and engineering skill
have overcome them. visited number
Of the mines. Including the Mystery.
Golden Cord and Pride Of the Wood,
and in the valley the Rainey,
but several had calculated to visit we're
very difncnit Of access on account Of the
snow. and | accepted the reports Of more
vsnturesoms visatora The scenery IS
wonderfully grand and Il - utterly Inn
possable 70 give adequate descriptions Of
the rugged majesty Of the toeerinR csags
y tongue Or pen. There = NO valley.
Mountains rtss direct from the waters
edge and reach up l5o0 to 500 feet almost
u hns. There - nov continual roar
from the falling Of svalancheA and A.
proach 70 most Of the mines = fuil Of dAnt
Ger.
rs = proof Of the Substantial cheuAG
ear9 the Monte Cristo railroad that Il hes
wifhstood slides and foods which would
have swept away ordinary structures.
- found machinery in rsediness to
hands ore In quantities that viii surprise
the world. To use . Western expfession,
u - an attractive proposition. il the
opsn season 10 utilized for energetic devsl-
opmsht these mines will make Ill connected
With them happy. With the camp in fol-
operation there II not ton Of ore which
viii not pay profit on the working. Its
. low-grads ore and needs TO be handled
with economy and sagacity, and that large
quantities shall b reduced. but the Quanti-
ties ore there and accessible. ALI the prin.
cipat mines are buliion producers. l esti-
mate that tho camp will Be good q .
rsyenne proposition even II il h only run
TO the full capacity Of tho present eoA-
centrator. The mines can now send down
loo ton6 Of ore day. but the full
glory Of Monte Cristo will not bs realized
until the camp IL producing 5000 tons .
day-and thss i well within the possi-
bilitiss. Even q that rate the supply--ons
may say the visible supply-is inexhausti-
bic. The visitors who were Rev. w. r.
Henry and Mr.. Delavan Smith. besides
myself, were treated with every eourtesy
and our inquiries met With the utmost
frankness. Rev. Mr. Henry preached !
sermon to quite . large congregations on
Sunday evening"
Mr.. Fassett was Q member of the New
York senate for eight years and the Re-
publican candidate for governor in
1891. and occupies very prom
inent place IA the affairs Of the Ena.
pire state. His opportunities for forming
an opinion upon topics Of nation al interest.
therefore, give exceptional value 20 his ex-
prcssions. Referring 10 the general out.
look he said in reply to questions:
ssfhs business situation 10 much the
same all over the United States. The
causes are manifold. In the first Mace We
had last year . widespread panic which
resulted first from . natural and periodi-
cal liquidation. which squeezed the water
out of stocks and contracted values too
highly inflated. Besides. re had every
reason to expect. ~ . result Of the election
Of 1892, legislation affecting our CONNER
cial interests, and when Won render nm
certain the conditions of money and in
dustrics. you have already aimed q dan.
gerous blow at . country.
Congress has done nothing except "a.
peal the SILVER purchasing clause Of the
Sherman bill to show what the country
may expect, so that on the one hand ali
commercial and industrial interest. are
looking on with anxiety. and on the other
hand financiers and bankers are timid
about loaning money. So far a. these
great departments OF human industry can
be affected by legislation. they have been
affected by the no-policy policy Of tha
present congress-.
II don't want to be unjust. therefore I
don't desire to be understood a. .avin, ~e
would not have had hard times If the Re-