Weekly independent. [volume] (Elko, Nev.) 1887-1914, 1903-01-30
Volume 81.



Duluth. Mimi. who have been here for
some time looking over the oil field gave
the lSDErESpEST the following inter-
vi"w:
MIR. Jacoby said: Il have been here
to look at some land holdings that pur.
chased some time ago. | uin, ~ IN also
MIR. Richardson. Interested with Mr..
JnO. Is. Arnold and other Duluth men in
the lease OF the Duluth and Western rig
and lands III the Burucr Basin. The re.
suit of our investigation is such that we
haverecninmcnded an ption Of
work there Tho new company il well
financed and IL prepared to push the
we'll Ia completion when once the work
If begun. fou may say Tor us thai we
are not discouraged 10y what we have
seen. We regard II IN good business to
follow uP the work OF development he.
gun here. We are not ignorant Of the
difficulties to 10 encountered and We
know something "f what it costs to do
suit, in omr judgment. warrants the IN ..
deTtHkiuY
MIR. Richardson has been closely allied
with the work Of financing the Rocky
Mountain Company IN the East and also
the new company. lie says that the i'm.
terc+t taken III the former Company by
I'll" Elko people made possible the
financing ni the latter. Tho people
there felt thai there wns confidence on
tho part II people "n the ground thRt
warranted further interest on their part.
Mr.. Richardson SAID ai,O that he has no
10uht that Il third company could be in.
ducrd I" pnt in Il rIg. The people here
reap duuhlo bonclit IN pushing the
work no" III progress at the Rocky
Mountain well hy the incrcascd con-
iidcncc inspircd thereby on the part Of
the Eastern investors.
-Iou would perhaps he surprised to
know ~ the attention the field is nt
trnctnIg in Minnesota. One roason for
thus, no doubt, Ia the prominence ~ the
Mcrrltfs and the promoters OF the
Rocky MUnntain Company i'll mining
aud busincfs Circlcs of our State. Min.
ncsUtn rnnks 10y u long ways first in the
production 81 iron ore. The Merritts
opened NOR mines there than any other
partie8. To them is due the discovery
md development pf the Mcsabu range
winch, unfortunately, WAS swallowed hy
the Rockefeller interests to tho great
financial dcrrimcnt of the Mcrritts and
their allies.
"Wo regard them there as the best de-
v"lorcrs of mining properties we have.
Thuy never hnov when to quit and il
thoy do quit no one else need try tn work
over their ground.
"rhey were for ton years objects almost
of rIdiculc Tor prosecuting exploration
work Tor iron IN Minnesota. This ycar
lG,OOO,OO0 tona Of high grade ore wore
shipped from the mincs thoy discovered.
Nevada If certainly to be congratu.
lRtcd' continued Mr.. Richardson "in in.
tcrostinR ths'c men i'll this field. Tho
fact TINT they arc exploring Tor oil here
gives this field a standing IN tho mineral
world and directs attention TO il TINT
will turn capital here in iloOda as soOn
na tho pr0spec, warrants it. Our peo-
Pile feel perfectly SAFE with Mr.. DAVIS
III charge. lir "a u leading attorney of
our city Of we'll known ability. Nothing
could speak more for the interest md
confidence he hns in This work than the
fact TINT hc haa sHGriicrd HE large
legal business I" give personal attention
+" the compnny's interest here. IIo on.
joys the confidence ct the Eartcrn stock.
holicra aud they know the bueincea III.
tcrretR committed to him will bc taken
care of IN cOupGtcui manner
McRsrl. Jacobcy aud Richardson will
remain hero Tor II wock or two. Iboy
any TINT their nssocatos will 10 favor.
nblc to tho vigorous prosecution ~ do.
vcl"pmcnt work in this ilcld.