Evening star. [volume] (Washington, D.C.) 1854-1972, 1898-01-22

piled Senator Jones. "But I am one of
the owners of the TreadweIl mine. This is.
you know. near Juneau. where the ships
stop on their wayhf to Sitka. 1t is on
one Of the most WONDERFUL gold mines of
the world. The ore Is of very low grade.
1t does not average more than g per ton,
and the mine has never paid less than
half a million dollars q year
How did you come to get 1t, senator?"
The mine was originally discovered by a
French Canadian, who came down from
Sitka to prospect for gold. He learned of
was an Indian. and after locating 1t he sold
1t to man named Treadweu for few
hundred dollars. TfsadWell organized
company G., 1S;a to dew develop ne mine and it was
We first put up a fve-stamp mill to test
the ore. and when We found 1t would pay
we put in other stamp mills. so that now
chinery in the world right there The ore
Is so close to the sea that it can be han
died very cheaply.
How He Made S4O,OOO,OOO
'You were interested IN the famous Com
stock mines, were you not, Senator Jones:
I asked.
Yes" replied the millionaire miner. IT
was considerably interested In the Com
stock. I took about $4OOOO.OOO worth of
gold and silver out Of those mines, and
got A.0O0.OO0 out In one month. Those
were very valuable mines indeed They
are working some Of them still. 1 person.
ally superintendent my works there up until
my election to the United States Senate
Senator. you have made an enormous
amount Of money in mines. How do you
do it. and what do you do with all the
money!
Those are rather leading questions" re-
Flied Senator Jones. STILL I can tell you
one thing. 1 have never boarded money.
| i
made and lost a half dozen fortunes. be-
ieve that money was made to use. and /
think the man who piles it up and will not
let 1t go until he has two dollars security
for every one he puts out Is nothing more
than a pawnbroker on a big scale. AS to
how to succeed in mining, I don't think
any one can tell. The judging mine is to
a large extent matter of intuition and ex-
perience. You learn after a time to know
a good thing when you see it. and still
there is a great deal of guesswork about
1t. after all. AS for me, have never been
afraid to back my judgment. and though
on the whole, right successful. believe, you
know, in plenty of money. 1 believe that
large circulating medium brings good
times, and that the more you restrict the
currency the greater the distress among
tcth capitalists and laborers"
Il am told here that Stratton, the car
penter Of Colorado Springs, who struck 1t
rich at Cripple Creek, Is making other good
hits right along. For twenty-five years
luck went against Him. Now he don't seem
able to make a mistake. His big mine
The Independence" continues to grow
richer. No one but Stratton knows what
Its output Is. but the general belief is that
the mine produces somewhere between
one and two hundred thousand dollars
worth of gold year. For time he took
out a thousand dollars a day. and I am told
that the mine is growing better as it goes
further down. Stratton has refused seven
million dollars for the property, and he
sticks to his old idea that the gold is better
here 1T is than in his pockets He saws
that Mother Earth is the best banker that
he knows; the gold is there. and that he can
get 1t out when he wants it. You may have
heard that Stratton recently gave Tabor
fifteen thousand dollars and told him to
could not strike another fortune. Well,
that statement seems to, be true. Tabor
has left Denver. and is now prospec ting in
sum was a stralghtont gilt from stratton,
if Tabor struck it rich He was to divide
with Stratton. u
VIII TabOr'si Luck Turnf
1t may be that the dayowill come when
Tabor will again be rich and Stratton again
be poor. Tabor's lick runs in streaks.
Like Stratton, the first part of his life was
unsuccessful. Then Dame Fortune smiled
and pure luck made him. rich beyond the
dreams of avarice Tabor did not get much
gray matter by Inheritance. His brains are
meager. He half starved in Maine, and
when he first came to, Colorado and opened
his little store near the present site of
Leadville his wife had to wash for the
miners and take boarders to brighten the
wolf from thendoor Then some miners
whom he had grub-staked struck the Little
Pfttsburg, which was soon yielding $1,000
day. Tabor and others got possession of
the mine. The stock soon sold so that the
mine was worth $7.00O.O0O and Tabor in
four months jumped from q cracker ped
dler to millionaire. He made big for
tune out of the Matchless, which he got
for song. The Erin gave him more money,
and for a time 1t seemed as if he could
touch nothing without finding it turn to
silver or gold under his fingers.
Almost every one has read the ups and
downs Of Tabor's romance. The story Is