Bisbee daily review., 1904-03-25
Horace Stevens
 Not a "Knocker''
DENIES STATEMENT THAT HE WAS NOT WELL IMPRESSED.
Noted Mining Authority Comes For ward With Assertions that Are As- surance that he Has Every Faith in the Most Prominent Development Companies in Bisbee Camp.

The position of Horace J. Stevens, the noted mining authority and ex- pert of northern Michigan. regarding the more prominent development prop critics of the Bisbee camp. was recent ly misrepresented so as to infer that ne was one of a number who have a desire to knock" this district. The misrepresentation was made by a prominent party of the Lake Superior country and the subject was at Cnce taken up by the editor of the Iron Ore for the purpose of ascertaining Mir. Stevens exact views in the mat ter. The following is letter which the latter sent to the editor and it covers the case quite completely and in manner that leaves no coubt that the writer is thoroughly convinced that the properties included in the Bonanza group are "all right" MT. Stevens remarks follow:
 T have not been more surprised in some years than by the statement that MT. George B. Sedgwick says that I am knocking the Bonanza Circle with great big hammer, or any other kind Of hammer. My opinion of these mines has been expressed So fully in matter contributed to the press, pri- vate letters and general conversation that cannot understand why should be quoted exactly to the contrary of what have always maintained. If MT. Sedgwick is correctly quoted in stating that I am knocking the Bonan- "a Circle, he must be seeing through glass oarkly, or something of that sort. In my opinion, the Calumet & Arizona is one of the best mines ever opened-in fact the best copper mine opened anywhere in the world for many years, with the sole exception of the Greene Consolidated, 50 miles distant. As I told MT. T. F. Cole in Chicago last December, l am of the opinion that the Lake Superior & Pittsburg is likely to make even a better mine than the Calumet & Ari- zona. Calumet & Pittsburg, while lacking the development of the Lake Superior & Pittsburg, is coming along finely, and meeting every reasonable expectation of its friends. The only statement I have ever made about Calumet & Pittsburg that anybody could construe as a knock-and that would be an entirely wrong construc- tion-is that the mining company was organized when there was very little ore in sight, but this statement has always been accompanied, when made by me. with the explanation that there was no other way out of the matter. as the bend and lease were abont to expire, and the property was entirely too promising to let go. consequently the only thing to do was 10 organize precisely as was done. and the wis dom of this action is being proven by the highly satisfactory development since secured.
 As for the Junction, I have never regarded this property as of the same assured value as the l.. s. PC & P. or Pittsburg 6 Duluth, owing to the congiomerate capping, but the property is practically certain of a considerable amount of ore on the Limestone side, with a fair chance of hnding enormous ore bodies in lime stone under the conglomerate, which Of course. would put it in the same class as other Bonanza mines.
 These are the facts as I see them and have stated them through the press and in private conversation. do not have two opinions about any property with which am acquainted -one for public consumption and the other for private stock"