The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1896-04-18
COME EARLY AND AVOID THE RUsE
Some Big Talk INDUCED in by Georg
W. jerks Of Minneapolis

Some Big Talk Indulged in by George
W. jerks Of Minneapolis
George W. jerks recently confirmed
in an interview with Minneapolis re-
porter, the story regarding the develop
lment Of the Gunhint lake and upper
Pigeon river deposits of nickel and alum
mum. The purchase was said to have
been made in the interests of theJohnson
Nickel Mining company, the syndicate
which has secured the immense tracts OF
valuable mining lands in Cook and Lake
counties, this state.
81 saw the Duluth article and it is USE
less to deny its TRUTH" said Mr.. jerks
Il frankly admit that I am surprised at
lis accuracy and detail. Every interest
cd party has been pledged to the closest
secrecy. myself have not been allowed
TO mention the matter to my nearest
friend, or even to mention the company
as my clients although I have had entire
charge of the Western end of their bust
ness for long time.
''The article, while true may prove an
expensive one to the company, as they
are not quite through buying, and prices
will advance on ali lands in that locality,
and some that the company wanted will
no doubt be withdrawn from the market.
Frank johnson is in Duluth today, aud
he wires mo that options are being Sc
cured for twenty and thirty days at from
$4,000 to $4,000 on property which
could have been purchased yesterday,
before the article appeared, for $500 to
$lO0O. The premature publication did
not affect the company alone. The
maddest men in Duluth were the pros
pectors. explorers an mining investors,
who were waiting for tue first boat. Like
all mlpers they had given out false infor-
nation as to where they were going and
what they expected to find, hoping to be
first on the ground. These mineral lands
are without wagon roads, or even trails
IN many places, are reached by Indian
guides IN summer, and wholly impossible
during the winter. Arrangements had
been made giving special inducements
tor the boat to make it's first trip to
Grand Marais, the nearest lake point,
much earlier than usual, so as to antici-
pate passengers on the regular trip.
IL am not at liberty to give, except in
general way. the future plans of the
company, or, rather, companies, for two
companies, the johnson Nickel Mining
company and the Ameri 3an Nickel Min
ing company have been formed-using
straw men as lncorporators so as to hide
the Identify of the real parties behind
the movement, and to prevent attracting
attention to the movement ITSELF. Mr..
johnson and party go East tonight to
purchase machinery, and, active work
will be begun as soon as possible. Mines
will be opened apd developed very rap
idly, and there is ample, capital behind
them to do as they please: They will
build, own and control their own rail.
roads, docks. and, if necessary, their
boats also. They bought the Paulson
property not for use but to prevent their
only Canadian outlet from being used
against them by some enemy or compeh.
tor. e. ~
"The $4,000 acres now owned and con-
trolled by these people is probably one
of the most, If not the most, valuable
mineral property in the world. The
company will sell no lands. but will tie
mp what it does not use, so as to contro
the nickel output. tt will have but one
competitor in America the Sudbur,
nickel district in. Canada. Is We car
i comnete with these on equal footing
for European trace, and in the states We
have the advantage OF a heavy duty il
our faver.
Il do not care to give names Of inter
ested parties at present. Frank Johnsor
has been wise enough to retain the con
trolling interests 10 the companies, anc
is believed by experts who have examinec
fhe property and assays to be the riches
m e ip the gtate # pot il this country