The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-09
HOPE interviewed IN
BOSTON, KEEPS HIS NERVE
Continued from PAGE

plans AOr Sf9WlnS MS DfQtncf EiiBllSn-
men a littls hospitality would be de-
clered off.
Mr. Hope and Mr.. Bagiey were the
guests of General Nelson A Miles 1t
dinne- at the Somerset hotel Saturday
night. Until Saturday afternoon Mf-
Hope was st lying at the Otis house in
Mt Vernon street. where he said that
he was son OF the youngest of the well
| known Hope family, and that he did
not like the manner i'm which negroes
followed him around YoUngs hotel He
was a guest of a Cambridge friend at
the University at lunch Saturday and
he has the privileges of the club for a
week. He plans to leave for England
on the 14th of the month, he says.
Mr.. Bagley said today that ne was
not in the confidence of Mr.. Hope in
/ all his plans, but that he understood
| that Mr.. Hope was investigating con-
Gitions in Utah and Idaho for biz
| English syndicate. Mr.. Bagley and 9TH
or Americans have control OF water
power of Shoshone Falls and II IS pro-
posed that merger of the Shoshone
property with other English interests
in the west that Mr.. Bagley is mainly
| interested in
| Bagley to the Fore.
u have seen considerable of Mr. Hope
since first meeting him in Chicago some
! time ago" remarked Mr.. Bagley last
night, land | have discussed many af-
! fairs with him pertaining to the prop
critics which 1 understand the English
men whom he is representing may ex-
plot. Mr.. Hopes remuneration, l have
| been given TO believe, will be only l
per cent of whatever amount Of bonds
the Englishmen may care to buy. There
is a great deal of English capital now
| IN the region of Salt Lake City and the
| returns on some of il has not been 80
/ large as hoped for. | believe that the
| plan now is to have Mr.. Hope report
/ in person in London TO the persons
VINO sent him out, and on that report.
! together with the blue prints, maps ans
statistics nd reckoniuSs of competents
who have been over the ground, VIII
depend the action of the Englishmen.
| know for a certainty that estimates
| of earning capacity Of various enter
prises have been made and that 1t has
! been reported the property, which
might be acquired for $4,000, 900, is be
| lieved 10 have an earning capacity or
$125, 100000.
Faith in Letter Heads.
II has been telegraphed to Boston
/ that no trace could be found by in
vestigators of London Financial COM
pany, which Mr.. Hope says is behind
him. Mr.. Basley was told. "All l know
/ of that" he replied, lis that / have
seen ietterheads of British American
! Securities limited, of London, to which
you refer, and that cipher cablegrams
| from the company have come to Mr..
/ Hope. | have no reason to believe
that there is no such company and
that Mr.. Hope is not receiving instruc-
/ tons from ii.
LAS 10 the reality of Mr.. Halsted.
can simply say that have never seen
! him. nut / nave seen letters from him
and that | understand that he was i'll
| for some time in Boston, and is now at
! Newport.
NH. Hopes dealings with me have
been so free from even a suspicion of
practices which, though not entirely
| lawful. are trowned on by the best of
business men that l see no reason at
all to discredit anything he may have
| told me in regard to the foreign bank
! ing company of Mr.. Halstead.
Refers to Eccles' Endorsement.
IN regard to the coal and mining
| company, my understa nding is that
Mr.. Hope and two associates, DR.. Will
| cox and Mr. Stevenson of Salt Lake
/ City. were making private venture
| I have heard of a Mr.. Hill, but wheth-
/ or he is 2 millionaire or not do not
! know. There is one millionaire who
| has been associated with Mr.. Hope in
/ the management of his plans, and that
| is Mr.. Eccles of ogden, Utah, who is
! humber merchant Mr.. Eccles is vice
president of the International Trust
! company, which has been incorporated
| in Idano ami for which L drew up the
articles of incorporation The bank IS
not yet in running order.
! Before our plans in regard 70 IN
corporation were fully matured, it was
! suggested that the credentials Of Mr.
Hope be investigated. They were
/ looked over by a committee of three
| gentlemen interested financially, ana
/ they reported back that everything was
all right. Mr.. Eccles was one Of that
committee.
II believe that there was some hitch
| in regard to the bonds in the Silver
/ Bros. Iron works of Salt Lake City.
understood that the difficulty was that
Mr.. Hope was not given an opportunity
/ to examine the bonds and that he re-
fused to have anything to do with a
| bundle which contained anything he
cid not know what.
Even the dispatches from the west
| have not shaken my faith in Mr.. Hope
! a bit. | can Vouch for the legitimacy
| of all the deals in which l am inter
ested OF the other propositions, of
which know something, there is moth
| ing to which l should take exception.