New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-12-02

NO SIGNS OF A MINING STOCK CRAZE
THERE.

MORE MEN AT WORK IN THE MINES
THAN EVER BEFoRE-THE CRIPPLE
CREEK GOLD COUNTRY
Harry f. Munix, State Treasurer Of Colorado,
was in this city yesterday and will start for
home tonight.
Mr. Mulnix came here to sell some State bonds
and accomplished his mission in short time
which shows what the capitalists think OF Colo
radios resources.
Mr. Mulnix was seen at the Gllsey House
last night by a reporter for The Tribune ana
he spoke enthusiastically Of the State he repre-
sents He said that the object Of selling the
bonds which he had brought with him was 10
defray the expenses OF the Cripple Creek inSur-
recton, which occurred a year ago under the
Populist administration Of Governor Waite
The Republicans have been In power year
now In Colorado" continued Mr.. Mulrix. ana
the world can judge what ct ange has been
wrought Under Governor Waites administra-
ton we had riots. instructions and strife NO"
everybody is quiet. and there has not peeh
single strike in the State for year. The women
you know have the full rights Of suffrage IN our
State and much credit is due 10 them FOR the
overthrow Of Populism. We are thoroughly satis
fed with suffrage in Colorado as 1t mas
proved blessing TO the State. Woman mas auo-
ed an air OF responsibility TO politics, ana we
are more inclined to worship her than ever Inc
women of Colorado, since the right or Suffrage
has been given them. have made STUDY Oh
politics. and have added additional lustre 70
the States fair fame. Among the women VINO
hold Office Is Mrs A. J. Peavy, State SuperiH-
tendent Of Public Instruction, and she conGuc''
the affairs OF the Office in most credtabie ana
admirable manner Many OF the County super
ntendents Of schools are also women.
When asked what he knew Of the alleged at
TEMPT TO put upon the Eastern market MIL
ions of dollars OF undeveloped Grippe Green
mining stock Mr.. Mulnix said: III there Il
such a wildcat scheme on foot 1t originated
outside of Colorado. l heard nothihs Oh II
until | came East, and know now only "haO
7 have read about it in the newspapers The
people OF Colorado are anxious 70 sell oii's
good stock They have. and always nave n"u'
unbounded faith in the resources Oh the N'''
since the Crlpple Creek gold excitement has
broken out there has, Of course peeh niu'"
eaid and written on the subject. But will say
here now. that l think there is more soio ~
tho Cripple Creek country than in any other
r,oos in tho world. | think 1t is the richest
gold country on earth. The people OF Colorado
given to figuring on paper about such things
rho ,,,,ts will roll the tale over sl2 100000 in
cold YVES taken out Of the Grippe Creek mines
-, tho last year. and / think the output VIII
be fully 50 per cent greater next year. rake
FOR instance the Independence Mine, at Grippe
Crook which was discovered by W. ;. Strattoh
on Julv 4 1891 1t is to-day one of the rches'
r,ines in the world Five years ago Stratloh
was moor carpenter and to-day he IS worth
nrohabIv $40 600 The Portland Mine IS
aoualIv as rich There are probably loO paying
,inas now being operated in the Cripple Creek
countrv II is Impossible 10 keep track or the
others It'll, -. crirnla
What the people Of Denver think o, cr' i,nS,
Creek may be judged - the iact ina 49, -
oonte,nnlata building another railroad lnto ~
country The Cripple Creek country, Whlcii -
now being prospected is about twenty niles
square and is eighty-nne miles from De"-
yer" e. snao,,
In speaking Of the reported craze Tor spe Wr
lating in Cripple Creek mining shares Mt
Mulnix said . huv
There is no necessity for people 10 pu ~
uorthIess stock ANY one desiring 70 invest III
Colorado mining property can earn us sro r.Is
value by writing to any Of the pubilc oihclaIs
or reputable business men Of the state or 70
the mining exchanges There Is one Savings M o,rs
latter at Denver, three at Coiorado SPriIss
and one at Cripple Creek. Colorado springs
is the county seat Of the county III mn" tba
Cripple Creek is located. 1heh there uie
Chamber of Commerce in Denver. which i
composed of solid and substantial business men
any one OF whom will give cheerfully any m
formation asked Of him. / wish TO relterats
that the people of Colorado do not countenance
wildcat speculation and that If the people
in the East get bitten il will be their own taul,
II some men who now in Colorado see III
to dabble in undeveloped mining shares the!
must take their chances. just AS they prooaoiy
would in any other gambling game. But the
business men OF Colorado are well satisfied
with the solid prospects Of the State. It's
future was never brighter and 1t has always
been able to care for its people even during
the late panic II even cared for some OF
Coxey's army when Governor Waite invited
them all into the State. And it also sent 1000
to other parts of the country in response 10 ap
peals for aid. or course the gold craze ha:
brought many people TO Colorado but have
heard Of no distress There are now 1000 more
men engaged in mining in the State than evei
before"
When the reporter asked Mr.. Mulnix how
Populism stood in Colorado he said:
Both Popusm and 'Wateism' are dead II