The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-10-04
.S61e.G0O.000


The silver trust is immense ly secre-
tive. The leading owners of railways,
coal mines and oil wells take no pains to
conceal their identity and are well
known. But the owners of great silver
mines make a secret of their ownership,
and are far from being we'll known.
None of the silver mining states, ex
cept Montana, require reports Of silver
production. A majority of the silver
mine owners are not even corporations,
but mere private partnership.
For instance the five largest silver
mines in Colorado are the Last Chance,
the Yankee Girl, the Custom of the GU
ray, the Mollie Gibson and the Snug
gler OF Aspen. Now, only one of these
make any report of its product or pro
fits. The officers and directors are sala
ried employees and the real owners keep
themselves in the background
The silver trust itself is the most mys
terious, secretive, and powerful trust
In the world. Its members receive sala
ries as United States senator's and rep
resentaltives, but their chief business is
to Iegisla'te for their own products, or,
when they fail in this, obstruct all legiS
laition until their demands are satisfied.
The stock in the corporations that
Wv ID SlANCA ~ A-hl pal NAy IA tAiAS
country and PARTLY in Europe. New
York holds more than any other city, be
cause the richest silver kings make it
their home. Then follow in order San
Francisco, Boston, Philadelphia and
Chicago Tn foreign ownership of this
stock England leads, then France and
then Holland. The great bonanza mine
of Nevada are chiefly held in San Fran
cisco and London. The Ontario, the
greatest silver mine in Utah, of which
w. r. Hearst is vice president, is chief
Iy held in San Francisco. The Lead
vile mines are owned partly in the east
eTn states and partly in London The
Creole mines are owned mostly in Colo
RADIO. The Aspen mines are owned most
~ in Colorado, and New York and Bos-
ton, and abroad. The Occur d Aiene
mines OF Idaho are owned chiefly by
turf and political Spectators.
The history of some of the silver kings
Is Interesting. The largest individual
holder OF silver mine interests in the
United States is James Ben All Hass-
gin of New York and San francisco.
He is native of Kentucky. He is one
of the owners of the Anaconda copper
mine and chief owner of the Ontario.
He is unobstrusive in his manner Of life
and attracts less atteTErion than some
mine owners who are far less wealthy.
His fortune is estimated al from 81, GEO.
coo to 81, 900, go.
The silver king who IS reported to
have the largest amount Of ready mon
ey is David H Moffat, who began his
career at 10 years of age as a messen-
ger boy in the New York Exchange Ma
tioral hank. and a year later went 70
the west and eventually became a Dem
yer banker He became wealthy by In
vesting his earnings in Colorado silver
mines Mr.. Moffat raised the great ST.
yer campaign fund OF this year.
Senator George Hearst, father OF VIII
lam r Hearst. began life IN the west as
a common laborer in the mines He
accumulated a little money and formed
a partnership with J. 3. HaSgin aud
Lloyd Tev-is. and with them aznsssed a
large fortune in jumping and buying
mining Claims. They owned the most
profitable properties in Arizona. Colo
RADIO. Oregon. Mexico, Idaho and Cali
for.lia, including the Ontario nine IN
Utah.
Joseph RAPHAEL De- "a MAJ. who IS
worth so. CO.. 900. made Il al in western
mines in ten years. HIS income is more
than s1.eoo 90 a year.
Marcus J. DAILY Is one % the men who
got rSch through rs cor1ec-fo1 WITH
Mackay. Fair. Haggia and Hearst in
me Co1ssVock lode.
William Stewart was born in New
York STATE. went 20 Nevaita county.
Colorado. when y years old. and dis
covered the ceisorscsi Eureka disgngS
He sold these for good sun. ard veat
70 Virginia CITY. Nevada and began
practising law i; Ess due 70 hss @r 3T-s
that nearly all 81 me t7-las " the n7.ae--
on th= Ccnscocsl lode r-re s<.-Tlei H
IS Interested ~ free cJlasge because -
: the principal oz-l~- - sile InrFaa ..0n-
a. Mining company u Washington. tn
mines Z r-asch ere el1e nsoSt pToafskie
T. Mexico
Thomas Cr1se VAS e. ordinary i2oo7-
- n 1854 wi-el ne discovered tie "a
NOUS Drum L--nlord mine, cs&- Hale