Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1905-05-15
MARCUS DALY'S PLUCK,
The Story of a Loan That BrOugh
Success and Wealth.

The Story of a Loan That Brought
Success and Wealth..
When the outlook was the blacklist
and this indomitable captain of men,
Marcus DAILY, had exhausted his re-
sources and his credit fortunate &C.
cident placed in bis hands a small but
sufficient sum Of money to transform
inevitable defeat into certain victory.
Lloyd Tevis, the California lawyer, and
his mining partner, ]. B. Haggin, who
had been visiting their properties at
Homestake, stopped at Butte on their
way home to California to take look
at tie new camp. Marcus DAILY knew
Messrs. Haggin and Tevis we'll, for he
had worked for them in the old Califor-
MIA days. He visited them at their
hotel, not the gorgeous palace Of gran.
lite, marble, precious onyx and mahog-
any which adorns Butte today, but
humber wooden structure more in
keeping with the squalid surroundings
of the new camp. In Haggin's bed
room, the only place available for a
private conversation, Daily made
clean breast Of it to his friends and
appealed to them for aid, explaining
his theory fully and citing many adj
ditional facts which had developed dur
ing his mining opera tons in Anaconda
that went to strengthen it.
1t was thoroughly characteristic of
the man that he did not attempt to
haggle over the terms of the loan, but
stated merely the facts and closed his
negotiations with the words: ''Now,
gentlemen, that is correct statement
Of the situation of my affairs and the
condition Of my mine. I must have
$4,000, and l must have it at once to
meet next Saturdays payroll and cur
rent bills and to provide for the ex-
penses Of operation for another six
months or so. If do not get it 1 am
fiat broke and will have to close up.
have told you what I have got and
what I think and what l think am
going to get when that shaft is down
another 100 feet or so. Make your own
terms, but let me have the money"
They gave him. the $4,000, and, of
course, being astute business men, a
contract was drawn up and signed then
and there transferring to them the con-
trolling interest in the property. But
up to the date Of his death Lloyd Tevis
always declared that, though he believ-
ed thoroughly in Marcus Days integ-
rity, both he and Mr.. Haggin thought
that he was chasing a chimera, that the
theory upon the elaboration Of which
Marcus DAILY had spent so many sleep
less nights and all his substance was
fallacious and that no gold-copper de-
postt would ever be discovered in the
bowels Of Butte mountain. In fine,
Haggin and Tevis let DAILY have $4,000
because they liked him. They certain
ly never dreamed that Anaconda
would prove more veritable bonanza
than the Comstock lode As for DAILY,
he had never doubted his ultimate sue
cess, and when three months after that
meeting in the hotel bedroom the main
shaft Of Anaconda penetrated. as be had
always believed it would, the richest
and most extensive gold-copper deposit
in the known world he conveyed the In
telligence to his partners in California
In this most matter Of fact telegram:
I'VE have reached 1t. Come out and
look at it."-Public Opinion.