The sun. [volume] (New York [N.Y.]) 1833-1916, 1898-08-21
NEW LIFE FOR RossnAND.
John w. Mackay and Associates Said to
Have Picked Up n New Fortune.

NV ~
R~ossLAND. B. c.. Aug. e.-Never in its history
were Rossland's prospects half 30 bright rs
now. On every side is an air of good times. of
unmistakeable prosperity. and the real estate
agent and mining broker are beaming, smiling.
happy. The depression and gloom that fol-
lowed Rossland's first boom are things OF the
past. and tho wave of prosperity has apparently
come to stay. The first cause for all this Is the
British America Corporation. next are tho op-
e~rations OF the syndicate headed by Charles
Hosmcr and John W. Mackay. 1t Is O curious
coincidence that John Mackay should find him.
self the owner OF a rich gold mine in British
Columbia. and that that mine should be called
the Virginia" A generation ago John
Mackay was plying the pick and shovel and
working like any other miner in Virginia City.
He was a good and industrious workman.
Then came the finding OF the great Bonanza,
Mackay's association with Fair and the realiza-
s Grant q Of fG tho pas E senerut lone h RSq IN t d1isP become sIalmn,
one Of the great financial kings Of the world,
To Maekay Virginia was q t%niismagIe name. It
had done for him more than the widest flights
Of romantic fancy could picture; 1t made him q
power In the c%ouneils of the nation. and it
2 glamour. which. TO the vulgar mind. differs
little from true greatness and fame.
CITY Ap& tS ssi! sS4 gSa55s o SIs'S HasE SSn stan s. yaIrS 81 e
great gold mine In Rossland. 1t was all luck.
l T. was ye NO fS are ii t,.r The snd ylFFff aob w Nns PS9 S@ht
iNul yCdAb nBN " q OIu EihNl stNl VI
s &c. t + S fTSp Mask LIZ SSs eg I3si5ss$ ana al ne %+ Poor or
scared OF Rossland and the War Eagle and sold
S SIt0I II q ,d Ia 1BS c They sGl Eo their ths stock s,a IN the Re
the Iron Mask for ~ cents. and. their STOCK in
s t6fd f 100 z n fer pEs 9 cents e Is. The thSr War dne E1Gle they 3;
eas P so@pan se Was o PrIsess 5t6 }St tae 'aN'0A' OF the
miners. The clarks worked in Virginia city
UNDER Marcus Paly; but two years ago they
scatt y T sSip tnf The SS sSIa PSar as s,taSSs sr l EsRle =
t6Sn m Msss a sed w Saffl9 BIO 80! So 5S go t ho%. a IN mi ot2er
words, the Virginia looks as II II we're going t9
PEG GrsSh SsF, t Gsas th b n ae rd aoi Ie or w om anislsj and
would be as great a ~favorite as either. OF
course there is very little ore yetexposed IN the
body ever discovered in the Rossland camp.
This orc body is fifteen feet wide and averages
II was little wonder. two years ago. when, the
Clarke left Rossland and gave the camp a black
eye, IhSossland became a nest q pessipIsts.
ager Fraser ofthe Bank q Montreal, andGeorge
Pfunder Of the Mackay. Hosmer Syndicate were
future. They saw work shut down on fifty
good pr9speets and mining Smpanie f nh
To tot ss HG %t2sa saq E stoSs ior tde e%TslSpn Sssfr p lmaSlass
But they did not despair. Gov. Macintosh OF
The Northwest Territories, q veEitable tender
boom days. He smoked the pipe OF, peace in
the mineE's cabin. and he absorbed the gossip
OF those old fellows who had mined for thirty
years all over the continent. and he concluded
that In those Rossland mines were the richest
Of gold in all the world.
That was an extraordinary conclusion for q
tenderfoot TO com to at. the very time when
the Clarks were abandoning Rossland with the
that O shlpwrecked crew would a
sinking ship. And yet Gov. Macintosh was
right. He bought the Great Western for a iiGac-
La Roi and Josie for $15O.000 and tho Number
Ono for $4,000, and both arc mines that win
rival the War Eagle, the lie Roi. the Virginia
tosh has acquired for his associates one OF the
mining properties so far known on
this continent. Other parts OF this camp may
surpass the area owned by the British AmerI- |
ca Corporation as gold producers, but, 80 far
Ag va know, that corporation has tho cream.
ground In this camp that has not repaid dOvel-