New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-08-15

The writer In pursuit Of trustworthy ihl'rb.
,ion-and real hard facts bearing upon Cohdi~s
,,otters-for the edifcation of Tribune readers
happened to direct his footsteps to the once Vi
the CIondike International Gold Mining ana pe
velopment Company. Here were soHu MT" 'e
ing with other than visionary schemes. Any o"e
familiar with financial affairs in New-forK' OF
wen in rho country at large will recognize among
tho managers men whose names carry with them
an assurance of sterling integrity, Keen business
enterprise and financial standing That "ouiu .o,''
ne, confidence in the mind of the most timld III
weston.
A brief alluson TO the records of a few OF these
men will make this plain to outsiders, whose
knowledge perhaps of such matters is not as III"
as that Of the dwellers in New YORK; -, 10.
memhcr Of the banking and brokerage concern Of
Townsend & Shera, whose standing N S " -.
uildfnr PERHAPS believers in the doct-ine OF
heredity will gather correct idea OF tne ~ "a,
PRESIDENT OF the Bowery Savings Bank. wftiS us
SOS 900 Of deposits. .,.o.,,.,, &C. 70, tred
broker and a capitalist. lie was selected Tor ns
Important position ON account Oh MS p'oiou-u
Fletshep shera treasurer of the COMPANY.
IS the junior partner in the nrm OK lo"is"hu a.
j. De Lyon Howth, the secretary is YOUNG ana
rising man well knoTn IN insurance '''''S'
l. r. Holmes. general msnager is d man , %hoss
National. 4 successful contractor on 4 srand
scale he has been instrumental IN the loasu, ,as
of several large towns in different parts o. oh vac
country and has handled these projects IN rDcn d
way not only to bring pr0ht to N" pI0 sor
from that of most town-buildcrs. Mr. Holm VIZ
give his almost undivided personal attention 10 '"e
'o AMONG the directors is tina, OF IL nan. NJ
smith, general manager Of the Long isiitIlu n
road whose genius for organization VIII be 81 m
valuable aid in the practical Workhs I'' "a "
haustve investigation into all the prospScts W
the new company before casting ms Iot VI H.
this corporation is sufficiently attested - me tny
n, %or If IL. end in the faro gold region would
be properly directed; but the company seems nov
ddenee OF the general public for 1t has retained The
services Of DR.. II, Hunter OF this city me ,Npsar
DR. Hunter Is familiar with both placer ana quartz
mining having spen, over twenty iour yeSrs IN IN,
ierritory Montana, the Dakotas ldaho, the Black
Hills. Utah. Arizona California ana M ha
by practical experience not only the proper way 10
So hc so TO marage and care for the the
trials and hardships OF camp ana mining ne. Am,
energy and judgment TO the iurtheranee OF me h.
work at the gold fields and, to those VINO know MS
Evidently this company is not the growth Of a
day-one formed to meet the sudden demand OF tho
INK prosperity at It's food. The writer was II. M
formed that l. had been for r sGme s rom on
the srident chorus OF mushroom conganls,s wnSse
goa Ns,aI having nothing to procam Of substantial
worth try to enhance the innnitesmai 'aue "
their project by deafenng clamor a., ,,.,.
II has Already practically. attacked the oneu eur
problem OF successful transportation, 10 tne sose
held and the Tribune man studied Win great inter-
est the working drawings for y boat desisnsd 10y
boatmen familiar with the Yukon ENsr, TOT , 10
navigation OF that exacting stream ~ mas usns
draught and great carrying capacl,N eoi cor ,,,
with all the strength that can be oo'a'hS" i'o"'
selected mat rias. , 49,, ,,o ,na,
unique feature OF this enterprise ana one ,m
should appeal very strongly 10 the puoIc-suppos..
ing the company eventually 10 decide upon nhh,ms
the aforesaid public partner In It's @ exence
only on the score OF economy but as an e,iuenSo
Of good faith. and OF the lnanagemenrs confidence
I'm the success OF their underta King, - tnat voss
nct and will not pay any salaries 10 any or their
ocers agents Payment mus, come 70 aseu the y.
are sufficiently impressed with the certainty ~
success to accept the alternative: no prrss' f %p
saiaries'' Even the mining expert must req III III
his pay entirely upon the profits aecrnng 70 n,
stock and has thus given the most emphatc ,hs
dorsement possible tho intrinsic merits OF W.
scheme