The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-12-04
Millionaire Nine Owner Returns,
Accompanied By V. NJ. Clement.
IS TO SUCCEED H. A. COHEN
AS MANAGER OF THE GREAT DE
LAMAR INTERESTS.
MI. Clement Was Associated With
John Hays Hammond In South
Africa-The Golden Gate-The
London Exploration Company In
terested In Captains Ventures.

captain j. *. lie Lamar the mllllOn-
aire m~ine-owner, arrived in the city
yesterday afternoon, and with him
came Victor NJ. Clement, who viii sue
coed H. a. Cohen as manager of the
captains extensive mining interests in
the west.
CAPTAIN De Lamar was seen at the
KnuUsford last evening, and consented
10 be interviewed.
81 really have nothing of interest
to tell you," he began, because, IS you
know. L have just arrived, and, there
fore. know very little about affairs
here.
L bring with me Mr.. Victor NJ. Gle
ment from London, who has been -
pointed manager of my properties in
The west, and he viii be installed in full
charge of everything owned by myself
cut here. Mr.. Clement is a mining man
Of extensive experience. He, as you
probably know, was intimately asso-
ciated with John Hays Hammond in
South Africa, and spent some time in
Jail with the latter at the time of the
Jameson raid. as it has been called.
he was at one time IN charge of the
Bunker Hill properties in Idaho, spent
many years in Mexico, and, during the
past seven years, has been operating
with marked success in South Africa.
I believe he is considered the best min
ing engineer in the United States"
OPERATIONS AT MERCUR.
Questioned about mining matters,
captain De Lamar said that the me-
chanical difficulties at Mercur would
soon be overcome. Improvements would
be made on the mill in the near flu
ture, and work pushed more vigorously
han ever before.
we can't do av~prvf biOo Of 0Ona - 6a
added, but We Will better the mechan-
ical works right along.
mo, I do not know of any other
changes in connection with my inter-
ests here" he said, in reply to the re-
porter's query. Everything will move
along as in the past, and Mr.. Clement
Will have full charge"
Despite this assurance from the cap
tain, there is a rumor afloat which
comes from a apparently reliable
source. 1t is to the effect that MIR. Gle
ment does not come here as q manager
Of Captain De LaInar's interests alone.
but as the representative of the Lon
don Exploration company, which, it is
reputed, has purchased the CAPTAINS
Mercdr and De Lamar (Nevada) prop
critics, for a sum a-ggregating So 0O.-
GOO. Mr.. Clement is an intimate assO-
ciate OF John Hays Hammond, who is
an officer OF this company, and it is ad-
vanced that a man of Mr.. Clements
standing would not accept q salaried
position.
A GREAT COMPANY.
The London Exploration company is
one of the largest mining concerns in
the world. Its promoters have watched
with great envy h success of Captain
De Lamar's ventures in the west. and
1t is said the recent trip to Europe re-
suited in the closing of his big deal.
If it be true. Captain De Lamar has
again shown his ability as a dnancier,
for the price paid for the properties s.
of an amount to place him among the
richest men in the country, when added
to the clean-ups previously made by his
ventures.
Mr.. Clement is accompanied by his
wife, and they have engaged a suite of
parlors at the Kuutsford. where thew
viii make their home while in the
city.
Captain De Lamar will remain here
for two months, he said, for it would
take him that length of time to ar
range his business affairs. After that
time, ne said, I am going back to
Europe"