The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1897-10-01


again, with some deviation and some /
additions 10y Denver correspondent |
OF the Chicago Chronicle, m follows:
Probably the strangcst mining enter |
prise 10 ull history is now under de-
NclOpmcut iu Colorado. For buldncss
II u without a parallel. and for the
Implicit confidence q number Of cnpi'
tallsts place In the judgment ot q sin'
gle man 10 towers above anything else
on record. The company Is the Gcy-
ser Mining and Milling Company. with
Its principal offices ln Boston. Hnd the
scene Of It's operations Il near silver
CHI. Colorado.
james W. Cartwright and ]. II. Nor
ton " Boston. are heads VI syndi'
cate that claims to have Invested So
ubuh In nine years. without the re-
turn " penny. and they expect to
spend as much more aud perhaps
twice that amount before they VIII
quit work They have been advised
10y mining men ~ experience that they
are taking tremendous chances. that
everything Is against them. that mil.
lions will be- necessary 20 carry ont
the gigantic plans ~ the company, aud
that there are nluety.uinc chances in
leo that they win lose In the end. hut
their superintendent on whose knowl.
edge the company Is paying out 50
much money, Il confident, and while
he II confident the money flows In q
stream from Boston tn silver Cllff. and
the citizens of the little Colorado com.
munlty rejoice rs draft after draft Is
paid.
In order 10 appreciate the magnitude
NJ the pmpositlon It Is necessary To go
back 70 1850 In that year, two hun.
tiers, while resting, picked MP some
beautiful specimens 81 sllver-nlmost
purc-nhout thirty miles south ~ Can.
on. City. Colorado. They stakcd the
ground, and from the grass roots took
out q fortune every foot II was won.
dcrful. II was q perfect clln OF silver,
aud the mine was named silver GIN.
Two hundred thousand dollars
worth Of the white metal was taken
out n the ground. n railroud was built
from Canon City 10 accommodate the
business Of the mine. town grew up,
and telegraph wires were strung.
Then. IN the Twlnkllng of an eye. al'
most the ore gave out. The one mine
seemed 10 be- a pocket. almost round,
surrounded hy volcanic mud. by this
time there were thousands ~ men IN
the nelghhorhood. prospect holes had
been driven everywhere. aud NJ dis
lance some mines were found. but tho
ore was not 10 rich nor was II of tho
same kind. Miles Of trenches and
bitches were dug. The hills We're ex
plored with drifts aud tunnels. In III,
vain search for the lost 'lcad.' Nor,
money than was taken out of the mine
was expended IN the effort to locnt,
the source from which NE silver came
hut II could not he found.
1907 nut.t. ~ fttutut
man Of California rcpute. who hn,
paSsed upon number Of properties
for Boston capitalists. paid visit 4
silver GIN. lie heard the story ~
the lost lead and made an examination
covering several wepks OF the mini
workings He did L1t use n pick q
shovel: did not use dynamite or ginn
powder, nor go 10 the expense Of n sin
Gle penny. hut he did form a most r.
mnrknhlc theory In reference 10 tn
origin 81 the silver mine. lie conclud
ed from the geological conditions tina
the silver Clln pocket came from
distance, that II was hurled from III
earth through the rcdhot thront OF
volcano 'n active operation ages ago
that II PASSED into the air, described
long are 10 the south. settled In III
warm, Onzy. volcanic mud. ana wa
covered and 50 remained for centuries
until discovered hy the hunters. wit
tnpe line ard transit he measured III
pocket. caught It's inclination, and, q
hest h. could, calculated the are III
ore body had taken To reach tue spd
I'm which II was found.
Then he spent considerable time I
the field and finally placed his foot NJ
on the mountain, seven miles ava!
from which. he figured, the mass g
silver had been hurled by the volcano
Rut there was no crater to be seel
lie examined every Inch Of the grOun'
which was badly broken. In chaot
granite mighty cOnglomernt0n ,
almost every known rock, ISen ]
arrived at the conclusion that the era
or had buried itself, having In Il
course Of time thrown out mountain
of lava, chokod itself and then su
sided.
Completlngj his figures he went
BOSTON aud laid before his friends Il
nroposltlon. The story was fasclna
mo the reward was rich. lohnsC
was earnest. determined, honest. ~
the longer he talked the more fave
nbly IMPRESSED they became, In spea
ing 10 Mr.. Cartwright he said;
"Ne may have TO go mile Into u
gnund before we reach the mouth
Inc volcano, and when we do we W
and that It's walls are coated with s
YER We can make II all back after '
strike the ore. hut Il Is a chance;
may take millions; we may fail al
wc NAV win. The chances are III
we shall win
So the company close corporntlo
was organized. and Johnson was 80
bnck 10 Colorado with 100000 10 l
credit In bank TO prospect for Z
volcnno. Going TO the mounta
where he supposed the volcano HI
been buried. he cut a tunnel M
fcct Wide ana eight feet high. 4
rock was badly broken and spllnterC
crushed aud crumbled, hut there We
senms and he measured the dip
every one of them When 200 T,
INTO the hill he picked up small !
dule of silver. weighing perhaps
ounce. lie compared II with spe
mons from the original Silver Cl
mine. one would have sworn that
had been taken from that proper
The people 0f silver GIN maryeled l
tl their heads ached at IohnsoI
action and watched him suspicious
When he found the nOdule Of silly