Arizona republican., 1899-07-11
THE SCHOOL or FISH
Caught in inc Spenazuma Company'S
 Wide Net.

The hundreds of telegrams and let ters which have been received by Gov ernor Murphy show the widespread in jury Arizona has suffered through dis i honest operators. The character of the letters and the places from which
 they come tell the story Of the sue cess of the frauds For the most part
 the inquiries which have thus far
 come to Governor Murphy have been
 from the villages and small cities
 along the Hudson r:ver The writers
 of these letters are evidently persons
 of small wealth who thought they
 saw I chance in the Spenazuma prop
 csiion to become suddenly rich.
 Their dreams would have been full
 filed had half the presentations of
 the prospectus of the company been
 true. Even if the vein of nearly two
 miles n width had been cut down by
 sudden erosion to thirty feet and with
 values of SIP on either side and doUb-
 ling every few feet penetrated into the
 vein, there would still be no cause for tears in the Hudson villages
 The village of Tivoli was hit hard
 est of any of them. Almost every person in that place subscribed to Spenazuma stock, and the aggregate
 amounted to S60,O00 Clifford Cham piOn, the editor of the Tivoli Times, writes to Governor Murphy under date
 of July 1, and asks: T am anxious to know if the people here have been buy ing a gold brick He further states that the agents of the company tn Tiv- oIi deny the report of the company s fraudulent operations. For the in formation of Mir Champion The Re publican must confirm h:s suspicion his good people have been buncoed. The money subscribed by this small village would be more than the actual value of all the mining claims owned by the Spenazuma company in Ari- ZOna.
 The new superintendent of the Spenazuma mines at Black Rock, man named Moore. has started in to reyoIutionize things, and make min ing property where .'Professor' Baugh failed He has undertaken the task with greater show Of will than knowledge of the character of country in Arizona that produces copper mines Nature respects no mans guessing, and he may find copper at Black Rock That will not detracT 1EtlHl duy Ln-uS The f6puDIlCan 1dS said; the Spenazuma company will be just as much of a fraud as it IS today Over a the -<Celestia'' camp 'tPr0fes- sor" Baugh is dividing h:s time be tween shooting jack-rabbits and To- eating barren claims. This professor, | as he is called, was at one time en- gagged n the car shops of q Colorado 1 IaiirCad company. He was unwilling to be interviewed when seen by a Re publican reporter on the ''gol1" claims | of the company He did not hesitate to tell the reporter that it was none i Of your business whether we have anything there or not c. l.. Pearce ! is connected with the Spenazuma com | pany. He is operating under direc- tions from Dr. Flowe- Ills name i heads the iGcoTpoTat0rs of three min | 'lg companies. known as the Atlanta | Mining, Milling and Development ! the Southern Mining and 1 Milling company. and the Illinois and | Iowa Mining company. So fa- these | companies cwn claims in the CeIe~tia ! camp alone and they are regarded as | -siIs Of the SpenazUma kte
 As the news Of Governor Murphy's 1 action in regard to fraudulent com i panies spreads over the eastern and i middle states a more definite knowl- | edge of the success of these companies i in selling stocks is gained The most | of the letters which have been re- ,elved by Governor Murphy inquire