The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-12-27

From the foregoing statements il
viii be apparent that our company has
entered on an era Of prosperity, which .
I confidently assert viii continue for
years to come. We have explored but
a small portion of our territory. To the
east of our present workings our vein
can be traced q distance of 1,400 feet
in ground wholly unexplored. To the
north and south we have a large acre
age OF virgin ground which we have
reason to believe contains other veins
and mineral deposits. When we con-
slider the vast extent Of ore bodies al
ready exposed, the depth as yet unde-
termined, we have the right to assuEne
that our company is the owner Of one
Of the bonanza mines Of America"
With such stupendOus results shown
in two properties. under the direction Of
one individual and when it is cOusid- 2
cred that the same person predicted
and verified the values in the great
Highland Boy mine which laid the
foundation for Greater Bingham and
its transformation from a shipper or
limited values in lead 10 a producer OF
copper to the extent that the camp has
attracted the attention of financiers
from all over the world. one is bound to
admit that such results are not the
product Of chance or Of mere luck.
Why Mr.. Newhouse Succeeds.
Mr.. NewhOuse, to do his story plain
justice, is endowed with a strong COM
hinatiOn OF abilities necessary 10 dis
cover, manage and operate mines In
other words. he has a variety and
strength of capabilities that embody the
enthusiasm and confidence of the pro
mOter. the power TO read and determine
upon the value Of ground. assisted by
the best talent, as he is, that can be OBJ
d #aafn Il
but not least the Judgment 70 eXpend
the money so obtained as to get results
without dead work or disappointment
to investors. When asked as 10 the Sc
cTet Of his success, some weeks ago, he
was inclined 10 deny that he was an en-
thusiast, but when pressed for the So
luton Of his numerous triumphs he
said: Every permanent successful
business enterprise is based upon thee
pillar Of truth. i have insisted in deal
ing with others and with having Others
/ deal with me on this basis. and espe-
/ cially is this insistence enforced with
/ those in my employ. Deception IS not
I tolerated. In examining and reporting
upon properties I aim to use my best
Judgment and report all the Circum-
stances against them as well as those in
their favor. and I have never made
3 report or an assertion that was not YER
itied BY facts or that could embarrass
me when being confronted with them
at subsequent time. In this way I
have established a reputation of which
I am proud. and in this pride I think
I am justified, and rather than lose this
reputation i would walk out of my Of
fee without a dollar and begin life
over"
For developing and equipping thE
Cactus property, $1,000. 900 was desired
and double this amount was offered for
the purpose at his New York ofiiee
without any solicitation further than q
mere presentation Of the offer attended
by his report
Associated with BIr, Newhouse is MI
NJ Johnson, general manager and min
ing engineer. who not only has superin-
tended the extensive work in both these
properties. but also the development OF
the Highland Boy mine. A. 7. BEETLES,
than whom as a metallurgist there IS
none better, has also served i'm this cas-
pocity through these three important
and successful campaigns.