The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1894-11-02
A BIG THING.
The santiam Mines to Be Developed

The DRMocRAT recently mentioned tn,
return Of the mining expert Capt Rick
ard from the Santiam mines. The fol
lowing from the Oregonian means grea
deal Tor Albany and the mines:
1t is announced that foreign capital ha!
been enlisted in the development Of larg,
mining interests in the Qaartsville dis
trict, Linn county, comprising, in addi.
tion to q group of eight gold bearing
quartz mines, a large field Of placer
ground, embracing 400 acres, that foi
years past has been worked with more
or less success. Mr. William B Lawler
OF Salt Lake City, well-known as a min
ing operator, is at tho head OF the enter
prise, and has spent q good deal of his
time perfecting his plans and securing
title to the property. Associated with
him is Mr. Horace Hotchkiss, q capitalist
of New York City; the French banking.
house OF Sourdis Brothers, OF Paris; L
Medina, OF the Nicaragua bank, Paris
and London, and at one time represent
ing the government OF Nicaragua at the
French capital, and Baron AlmeJa, also
living in Paris.
The preliminary steps to secure the
property were made last May, when Cap
tain "ilank" smith, Of Comstock fame,
visited the mines for the purpose OF
n aking q report thereon, and ascertain
ing the real value of the property. He
was accompanied by Mr. Jesse Fox, q
mining engineer, and Mr. Lawler, and
after an exhaustive examination, IA
vorable report was reached. With this
Mr. Lawler visited London and Paris,
L. an n s-NA
Not content with the elaborate report
mining proposition, and with the caution
of careful investors, the SouTdis Brothers
sought to verify the statement made aud
secured the services of Mr. Alfred Rick
ard, mining expert OF prominence liv-
ing in Colarado, who also visited the
mines for the purpose OF making an in
dependent report. Mr. Rickard COM
plet.d his work recently and the report
he has made fully corroborates that fur
nished by Captain Smith regarding the
operation of the property as q safe min
ing proposition.
Thus assured, the syndicate is now pre-
pared to operate the property in a legit-
innate manner and thoroughly test its
merits during the life OF the bond secured.
All the money necessary to conduct the
work on a comprehensive plan will be
furnished, and, within a month, a force
of men will be employed to do the nec-
essary preliminary work for the com
mencement OF more extended operations
next spring.
The Quastzsille minining district, of
Linn county, as been known to miners
for the past so years, particularly that
portion designated as District No. 5,
where the White and Red Bull claims
are located. The White Bull company
was incorporated years ago with $780,
COO capital. At one time the stock
sold above par, and q dividend of $50, 900
wes declared. Poor management and
ignorance OF methods in conducting
mining in scientific way wrought ruin
to the property, until a. last it remained
and the extensive openings,
not protected, cayed in. The adjoining
mine, known as the Red Bull, presents
an extraordinary amount OF pay ore and.
since the result OF the expert examina-
ton. the work OF taking out ore has been
The people of Linn county will be
largely benefited by the introduction Of
new capital by men fnlly able TO develop
this most important source OF mineral
wealth. Mr. Lawler leaves this evening
for Salt Lake City, on brief visit, ex-
pectng to return within two weeks and
go to the mines for the purI ose Of per-
sonally supervising development work.