The Montgomery advertiser., 1904-02-07
New York Tribune.

New York Tribune.
 Among the great promoters of financial bubbles the name of ]. Whitaker Wright win rank with that of John Law, Ernest Terah Hooley and Mime. Therese Hum- bert. His career was one of sudden and surprising experiences, but nothing was more dramatic than his death at the mo- ment of sentence Authorities differ as to whether he was an Englishman or an American by birth, but he was reported as saving of himself that he was born In Cheshire. England. in 1s46. His parents rave him a good education, especially in chemsitry and mining engineering. When he was 21 his father died. leaving his mother only an annuity, and the young man decided to seek his fortune in this country. He went to Colorado, securing work as an assayer, and soon began to make and save money He said, after he had amassed fortune, that 1t was easy work for any one to do so after getting the first $10.000. As to the way he secured his start he said at the time he was in the Ludlow Street jail, in this city:
 How did I get that start? Why, I went West, and as I made little money saved it and bought a few shares in a mine that looked as if it would be profit able. It was only a few dollars at first, but all the time I was adding to my in- vestment. bought a mining claim out right for $500. and sold a half interest in it for enough to pay me back my orig inai investment and provide working capital. The mine proved profitable, and little later I sold out my remaining half interest for a good profit. Then did the same thing with other proper ties. and kept on doing it. until I was dealing in amounts that made a profit worth while.
 Some of the hariships endured while prospecting were almost as great as at present, only then I was free and a good many years younger than I am now. In the esriy days of Leadville I lived one winter in a shanty built of tongued and gro0ws9 boards. backed up with logs and lined on the inside with cotton sheeting. while the thermometer went down to 30. degreeNs below zero. and got stuck there. I'm sAoing to tell you story about that which ask no one to believe, but 1t is absoluteisy true. In that shanty was one of the d9d-time square sheetiron stoves, which we stoked up with wood at night, ana 1t hea its fire till morning, with the drauglts turned off. The atmosphere was so dry we always kept a tin of water on the top N)f the stove, and it was not at all unusual to find the water in this tin frozen in tlAs morning, though the fire in
 
 smoldeFing; and If left any water in a pitcher in tale room it was certain to be frozen soiid Aa the morning.
 was one of the pioneers in the Lead Vile boom, anal spent the winter of '79 there, but I can't say that made much money in this sE eculatlon. In fact, I lost a lot. and when avou talk about the money I have made, dSIn't forget that have lost fortunes tdms and time again.
 A 4 V a-.aYV n lA-k A. one I invested in a mining property and the one I didn't make by paying some other persons song for an adjoining property. I don't believe in luck-it is all a matter of good Judgment. a clear head and knowing ihow to take advant- age of opportunities.
 Well, about this luck in Leadville, had q property in which my friends and had invested a million dollars and more. We had sunk shafts three hundred feet deep and had drifts and levels in all direc-' lions. but we did not acome upon any ore rich enough 9o pay for the mining of e. Adjoining us was pro perty of fifteen acres, on which three hundred foot shafts had likewise been sunk wit bout satisfac- tory results, after the ownGrs had spent several hundred thousand dollars. They wanted me to buy 1t, and offered 1t to me for almost anything would pay, but one of our shafts had been sunk close to their boundary. and I thought I knew what they had on their side.
 ''Gentlemen," told them, 'T wouldn't give you fifteen cents for your fifteen acfes.,' Then they had Go raise more money and work their property, and with In three feet of where they had already gone they struck a vein of ore which paid them $.00O.0OO. I failed to take ad- vantage of that opportunity, and yet I never heard any of my co-worhers there threaten to throw me into jail because failed"
 Mining Speculations.
 With the fortune he had acquired in the mining region he came East and be- gan to speculate in the stocks. in this city. After increasing his fortune here,