The Wadsworth dispatch. [volume] (Wadsworth, Nev.) 1892-1899, 1898-04-30
LESSON IN MINE PRO.
NOTING.

To THE EDITOR "A friend of mine,
who has been endeavoring to enlarge his
fortune by mine prom oting, received
from his correspondent some days ago
quite a crushing letter, which, in his
tribulations over it, he brought to me to
see what thought of such criticisms,
and how it had better be answered. 1t
amused me SO much thought it we'll to
have your readers take smile also, and
especially as it applies not only to my
friends lack of judgment when properties
are framed up for the Eastern market,
or elsewhere, but to very many others,
who may get very good lesson through
1t. Well, here it is: B. l.. d.
NEW York, Jan. 10Th, '98.
DEAR SIR: You write the funniest
letters, if your imagination would prove
as active in writing novel as in your
correspondence with me about mines,
Dickens would not be in it, and mining,
as compared to your success in fiction,
nowhere. In general way, all your
promises and statements are widely in
correct. The first statement you gave OF
the--gold mine was short one by
letter, in which you said you would get
more data and report. l went and saw
B, and he said all right-he would like a
property just such as you laid out. He
said, also, he would like brief but con-
else report, written by some one who
knew how to make it, which quietly i'm
piled to me that yon did not. A report
came, and he looked over it, and spotted
the lies at once, saying no vein 150 feet
wide ever carried the richness stated.
Your letter indicated higher values than
the report, consequently they will await
the assays. All you sent me know as
well as You do, and far better, and SO
did he, all the time and l think know
some things you don't appear to know,
or prefer to overlook, one of which is
that you have never gotten your trade
in shape-I mean to point of final con-
summation. 1t is all the time promised.
You all the time keep Ee waiting for
something beyond. The other state
ments sent all contradict your letters.
You quote the report quite fiippantly,
but l notice you don't attempt to recon-
cile the letters to it, which state
io In ha
and describes property having $40 ore
and 1920, 900 in sight, based on one shaft
and several drifts, running in several
directions. In his letters he repudiates
all he said of physical facts-facts in his
report - and now says he took the
owners word for it. You also say:
"owners description OF the property"
'owner's word" on property, and that
to be presented to the largest house on
this continent What nextP No such
drifts rs stated and in no such directions.
"Owner's word |" You and l know
what that means. Ore in sight not
quite 10000 tons. But l know there is
not 5000 tons. Owners word again
for you. Estimated value, II recollect
it rightly-and l do-is $270, 200. and
not 1920, 1000, as in your report. What
next? Your expert then sends you
samples, as he states, not with any idea
of average value, but to show character
of the rock. A man sent to examine
mine and no attempt to get an average
sample of the ore to show the value, but
specimens-the best, of course! What
next? l see now where stand in pre-
senting this property, and quietly
work to get the papers out of their
hands, hoping in the rush of business
they will forget the discrepancies and
thus save our credit; but you take them
and bind them as crown unto yourself
What next? To cap the climax Of folly
and errors-and, l will say, foolishness
the assays follow me to Mexico. And
what are they? These picked specimens
of rock show an average value of 1874 a
ton-not $1S, and $40, and $50, and $50,
and $73, as reports state. And assays
included all metals Now, think you
will agree with me, that to be made
damned fool of in sixteen or seventeen
different directions, on the same pro-
perty, and with the came parties in the
one deal, is quiet enough. Now, you
may think am annoyed at the situation
and your letters, but am not. appre-
ciate the situation fellow is in, with a
mine for sale on an owners statement.
Your friend -.