The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-10-05
PLEASED WITH
BEAVER MINES
New England Capitalists Enthu.
SiaStic Over investments.
SHELTERS WILL BE BUILT
ENORMOUS DEVELOPMENT OF
INDUSTRY IN BEAVER.


= Beaver county's mining properties.
that part OF the state is assured of
great smelling plant and an enormous
! development of the mining Industry
through the operations of the Majestic
Copper Mining & Smelling company.
After spending three days in, around
and about the properties of the COM
pany, near Milford. the large party of
eastern shareholders returned TO the
city yesterday forenoon and in the
evening, after enjoying a banquet at
the Knutsford, left for their homes
again.
The party was largely composed of
New England capitalists and business
men whose wealth in the aggregate
runs into the millions. The fact that
| they left fully convinced of the merits
of the enterprise in which they had pre-
viously become interested and had
placed their stamp Of approval on the
plans OF the company, means that all
the mines of Beaver county, including
those OF the Majestic company, of
course. viii not be long in finding a
market for their ores, as there is no
room to doubt that the smelling feature
of the company's plans contemplates
the LTEd liutIL OF a vast tonnage WnSn
once fully rounded out.
The party concluded the Utah part of
| its itinerary last evening in a delight
full dinner given the visitors by w. B.
Mucklow of Boston, the treasurer of
the corporation, whose firm has
financed its operations.
Magnates at Dinner.
Dinner was served at 5 o'clock in
one of the private dining rooms. which
had been decorated for the occasion.
and some two score of guests enjoyed
| the elaborate menu ordered for the oc-
/ casion. The New Englanders present
| presented probably the strongest array
| OF private capital that has ever sat
/ down at one table in Utah.
| The visitors and Salt Lakers who had
| been invited TO meet them were:
! Thomas Nj. Smith, II. G. Howe, William
! B. Mucklow, +. H. Bosom, Rev. c. A.
/ Paddock. j. NJ. Dick and E. B. Pierce
of Hartford; George Z. Keith and S. Z.
/ Packard, Brockton, Mass: Professor
/ Charles Jacobus. Springfield, Mass;
/ Frederick ]. Revielle and G. H. Risley,
| New York; d. M. Morgan. Bridgeport;
/ NJ. B. Dunbar, Winsted; z. II. Hotch-
kiss and c. H. Afford, Pennington;
/ George A. GreaVes, New Britain, Conn. !;
|
t o. Spencer and W. c. Higgins of Salt
| Lake.
| When coffee was brought on, Mr..
i Muckiow, who presided, eroae and in
few happy felicitous words acknowl-
edged the courtesies which they had
/ enjoyed in Utah and proposed a toast
/ to Utah." asking Judge c. c. Good
win to respond. Judge GoodWin's
toast was in his usual happy vein, and
closed with an eloquent tribute to the
wealth and natural resources of Utah,
/ which, he predicted, would soon put
/ the state in the forefront of the min
eral-producing states of the nation.
Tribute to A B. Lewis.
The POSTMASTER paid an eloquent
| tribute to President Lewis energy. per-
sistence and ability in the difficult ear
| ly days of the company's life. and
proposed a toast to him. Mr.. Lewis
/ was visibly affected by the expression
/ OF regard and said in his response that
| his whole thought for three years had
| been centered on one subject-the Ma
] jestic. He had talked it, dreamed il,
4 thought of it in his waking hours. I'M
/ til any speech he might make would
/ have nothing but Majestic for its topic.
/ II was a very great pleasure TO have
/ present the men whose faith in him
and the property had made it possible
/ to reach a successful issue in the af-
fairs of the company and he could not
| find words TO express his appreciation
of their confidence in its future.
George A. Keith of BrocktOn was
asked TO say something about the COM
pany and did it in a way 10 leave no
"a NJ
what he had seen. He said that he
! had had his fnger-tips burned in min
! ing investments until he looked with
unusual care at any mining proposition
offered him.
But" he said. Il have bought 5000
shares of stock in this corporation. be-
I lieving it a good investment and will
have no misgivings about it after what
/ have seen. You may know my opin-
ion when I tell you that / expect to
| sell solid dividend-pa paying stocks and
put the money into Majestic"
The fact that Mr.. Keith is regarded
as an unusually conservative and sue
cessful man of great wealth. and has
accepted a place on the board of di-
rectors, gave his words weight and the
company showed its appreciation Of the
fact by liberal applause.
Professor JacObus, who was intro
dueed as "a genius" read some verses
which he dubbed railroad poetry"
The manuscript was on a collection of
dining-car menus. old letters and bill
heads, but the verses were very clever
hits at the individuals Of the party
and were greeted with almost cOntin-
uous laughter.
Talked of Brigham Young.
Rev. Charles A Paddock, who has
been one of the most Jovial members
of the party followed with a neat trib-
ute 10 the ability of Brigham Young
and his achievements as a leader of
men and pioneer in the development OF
the west. and concluded with eulogy
Of President Lewis and his associates
in the management of the Majestic
company.
William IgIeheart of The Herald re-
| sponded to 1.-THE Press" and F. II.
Bosom. one of the firm which has
financed the Majestic. gave an Irish
ditty in capital style. introducing some
topical hits at the men present in
way that brought down the house with
laughter and applause.
Then William A. Parish, general
manager Of the company. was asked
TO say something about The future of
the Majestic. Mr. Parish said he was
no speech maker, but he had written
his opinion and proceeded 10 read it,
That the opinion made something of
sensation was evident as he proceeded:
and the sensati ton was of the pleasant
est kind for those who hold Majestic
stock He said:
Mr.. Farish's Opinion.
Mr.. Chairman and Gentlemen: I never
made a speech Ia nv life: don't know