The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-08-29
". P. FIFE REPLIES
Says Great Western Gold
Co. is in Fine Shape.
Explains Criticism. and Says the Com
pany is Making Big MoneY--.Dis-
counts All BilIs-.-$800.0O0
Spent on Property.

To the Editor: In consideration of
the fact that | have been very much
abused man. and slandered by a great
many N North Carolina; and also
because of the fact that your paper
has published articles concerning the
Great Western Gold Company and
myself which are wholly untrue, |
ask for space in your paper to eX-
plain to some extent, at least, the pc
sit.Dn and condition i'm which the
Great Western Gold Company now
stands, and in which | also stand.
have been within tho past two
weeks in California visiting the mines
of the Company, and found them in
every sense of the word, first class.
Since l left California, / have seen
telegram from the superintendent
stating that valuable bodies of ore
had been opened up which enhance
the value of the property millions Of
dollars / examined the books of the
Company and found them perfect.
am now in ST Louis with the
President and General Council of the
Company, looking into every detail
and while we have had some parties
who defrauded the Company a short
time after the Company was first or
ganized, at our annual meeting in De-
cember the Stockholders instructed
the Board of Directors to bring suit
for damage etc. and because this has
been done, these same parties, through
spite. have made application for re-
ceiVer The first application was dis
missed Immediately by the courts. The
second application was brought
through the Circuit Court, when the
Company Immediately carried it to the
Federal Court, and we are simply sit
ting back laughing at the charges,
knowing they are all absolutely false,
and we have thus far been able to
rejoice because We have checkmated
our enemies from every conceivable
standpoint.
Today the Great Western Gold Com
pany stands out as one of the bright
shining stars in the mining armament
Of California: with its tremendous
mines opened up; with it's Railroad
hauling from $50 to 900 tons of ore
per day; with its magnificent plant
with it's ore bins filled with ore to
overlooking, and now contains more
than $4,000 worth; with it's coke
bins filled to OVERLOOKING with coke,
and having spent fully 100000 on
the property, and practically owing
nothing, in fact, diScounting bills
when presented, why should we fear
anything?
The Company is glad to show its
books to the world, and also expects
-uhder all circumstances-to fight all
the grafters and knockers that try to
wreck and ruin this Company.
| think the people of North Caro-
lima know full well that /, personally,
am not a man to run under fire. l
think they have seen in the past my
fighting abilities, and as lClg as | am
able to raise my voice, write a letter
or have a dollar to spend / shall help
the President of the Company and
the Board of Directors to defend this
organization. The Company expects
to be paying dividends in very short
time, and the price of the stock Will
positively be advance to $1.0p per
share on the LIST day of September.
We are going right ahead now for
the purpose of putting in another 200
ton furnace in order that we may ir-
crease capacit'-. and thereby pay still
larger dividends to our stockholders.
We are in this thing to win, and in
spite of all criticism, misjudgments
lies knockers, thieves, etc, we have
won! And we expect to make this
company one of the grandest in the
United States of America.
/ would say to the stockholders in
North Carolina, under no circum-
stances turn loose your stock. / am
one of the largest stockholders in the
Company. and would not sell out to-
day for $1.00 per share.
/ have promised by all that | held
sacred and dear to look after your
interests | will keep my word. No
man has ever been, nor ever will be-
more loyal to his people than /. You
have trusted me; you can continue to
trust me, and by Gods grace, l will
never betray that trust
With kindest regards to the people
Of my native State, | am,
Yours sincerely,
w. p. FIFE,
511 Mack Building, Denver, Colo.
st. Louis, Mo, Aug. "a, '05.