The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-10-05

to my impressions and opinions In rela-
ton to the Majestic group OF mines. You
nave all seen them: you have looked over
IheIp and Xou- have examined every per-
son with whom YOU have come n con-
tact II regard 10 their merits and demeF-
its. and you have all probably formed
your opinions. which have become so
fixed in your own minds that anything
might say. either pro or con, in rela 9
ton TO them would have little or no
weight. for you are all business men. and
While YOU dlsclaim all knowledge OF the
geological and meteorological laws gov
erning the hidden treasures concealed in
the earth. yet as business men you are
capable of judging whether the state
ments made 10 YOU IN regard TO the
values Of the mines and the ores they
contain are of commercial value.
Assuming that the statements / have
made to YOU are correct. and which are
true. 10 the best of NV knowledge and
belief. in regard 10 the value of the ores
and the probable quantities which they
will develop. following out the general
history of all mines located in similar
formations. l have no hesitation in stat
ing that the future of the Majestic prop
critics. under good and honest manage
ment. should and will. in nv opinion, de-
velop into one of the great commercial
enterprises Of this era In mining.
The ores are present on each and
every group. sufficient in value 10 JUSTLY
a
of DEVELOPMENT and equipment TO realize
the fondest expectations of the most ava
riciOus. You have thousands of tons AL
ready exposed upon the surface and above
very superficial DEVELOPMENT. and IL Is
only a question of the continuance of
these vast ore bodies. which you have
each and all personally seen. 20 depth
to make this one of the great and most
permanent enterprises of the age. That
they viii 90 down in a major OF cases
can hardly be doubted. for if they do not
IL can only be said in this instance alone
has nature forsaken her trodden path,
which / have followed for over forty
years.
In addition 10 YOUR own mining prop
critics. l beg to call YOUR attention 10
the great possibilities arising from the
profits to be derived from the reduction
of ores in the territory Immediately sur
rounding your properties. extending
southeast. south and west into The state
of Nevada. Being the pioneers of this
district. provided with ample funds, you
should be masters of the situation. II r.
we'll known that the territory mentioned
Is rich in undeveloped mineral resources
ell OF which under lust ana equitable
understanding between yourselves and
the owners and DrOsDectors in this re-
gion, should make your smelling enter
prise one of the greatest in the United
States.
Impressions of the Mines.
d. y. Norman, former treasurer
of the United States, came next with
some words Of eulogy for the west and
a sketch of the impressions made on
the visitors at the mines.
Major Thomas NJ Smith, treasurer
of the Dime Savings bank at Hartford.
Conn, followed with a word of thanks
for the cOurtesies that had been shown
the party during their trip, and ex-
pressed the opinion that they had been
given less than that the statements
made to them about the value Of the
property had been. if anything, too
conservative. They had paid their own
way to see the property; they had not
been bothered with opportunities TO in
vest. and they had had 10 discoV<r for
themselves the very great wealth OF
the company's holdings. They had all
been impressed by the developments
shown them and were more than
pleased with the prospect for the fu-
ture.
Mr. Mueklow. the chairman, conciud-
ed the speeches. He said his firm had