The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-11-10
CAPITAL FOR N
fasteners Preparing to Visit Camp
with View Of Making Investment


81 am simply employed in an ad-
visory capacity by a eoterie Of eastern
capitalists" said y. X. Williamson, q
mining engineer from New York City,
when approached by a reporter for The
News Saturday in relation to the OBJ
jeet of his visit to the camp, land at
this time there is little l can offer you
in the way of news. / have only been
in the camp two days and of course
have had but slight opportunity to in
spect its mineral indications. Most of
my time has been passed in the hills,
however, and what l have seen there
leads me to believe Goldfeld has a
great future. As vet little in the way
of extensive mining has been done It
appears to me, but it is also conclusive
that what has been accomplished has
been to good purpose. The signs Of
mineral wealth are very marked and
certainly presage long continued pros
perity. / am in no position to make
any positive assertions in regard to
the merits of Goldfeld mining PROPOSE
tions aside from what / have already
told you, but later, after / have made
something more han a eursory exam
%ination of the district, shall be pleased
to impart any information on the sub
ject that you may desire, and which l
may possess.
81 have been engaged in mining in
~vestigation, not exporting mark you,
for fifteen years and during that
period have visited many mining Sec
tions both in the United States, South
america and Africa, and my expert
ence has taught me that no two camps
are ever alike in their geological forma-
tion and can never be judged by a
SINGLE standard. They frequently pre-
sent similar characteristics, but there
is always something in the relation of
the ore bodies to the typographical
formation and the depths at which
what can be termed permanent values
dIt dNSultht nHlCh maj ne SoSh lining
center as being distinctive from any
other.
"Let me say right here that l read
The Goldfeld News each week when |
am at a point where it can be secured
and that / always do so with interest
and profit. | consider it a reliable min
no. IN Tho fnIlacf aoartat;On nf
the term.
81 am going down to Bullfrog to-
morrow and shall remain in that sec
tion until the arrival there of NJ. K.
Remsen of Buffalo, New York, one of
the gentlemen in whose interest j am
employed. Naturally, / shall examine
the mineral conditions, and may decide
to take a trip into Death valley. / ex-
pect Mr.. Remsen to join me about No
vember 10, and we will then return to
Goldfeld for an indefinite period, prob
ably three weeks. During that time |
intend to investigate more fully the
mineral conditions here and hope then
to be able to express myself more in
diligently on the subject. If my re-
port be favorable, which seems highly
probable, my clients contemplate en-
~gaging in mining here. / am not at
liberty to state what their plans are,
nor how extensive their proposed opera
tions will be. but Mr.. Remsen may
possibly discuss them more fully with
you. In fact / have already spoken
more freely on the subject than /
should nave done perhaps, but ac-
quaintanceship made on the trail
rapidly ripens into intimacy and out
in the open one is prone to give his
thoughts full rein.
"Goldfeld is the center of interest
on the Atlantic seaboard and the in
vesting public, that portion | mean
which looks with favor on mining prop
ositions, is inclined to be optimistic in
regard to this section. This leads me
to believe that considerable eastern
capital will be available in the near
future for the development of Gold
field mines. The recent visit to the
camp of Charles M. Schwab has awak-
ened New York s interest in Southern
Nevada and the fact that he has in
vested here is conducive to investment
by others