The Montgomery advertiser., 1906-04-14
tre.t.a for .ne Fold .h.. may be lei.

treated for the gold that may be left in 1t.
 When the gold Is precipitated 1t is
 taken from the zinc boxes. nuxed by q secret process and put In bullion form ready for shipment to the hints. Resuif of Menthfs Work. Then 1t Is that the forty men em- ployed at the mill and mines see the result of their months labor--a piece lof metal not much larger than the human hand. But It's market value Is thousands of dollars. and its market able value never huctuates.
 The Hoods purchased 1.750 acres in this wild mountain country when they determined, two years ago, to embark in the gold mining business. They in- vested $s0, ,000 in machinery. So strong
 is their belief in the possibilities of the
 gold industry that they are now erect
 ing an additional stamp mill which will
 cost ss0,000. Modern gold mining ma chinery Is arriving at Gregory every
 day.
 .Ali the fools are not dead yet" Gen
 eral Manager Hood says this is the
 compliment paid him and his asso-
 ciates by their neighbors every time
 there is renewed evidence of large
 sums of money invested in gold min
 ing. The fact is that the road to sue-
 cess In gold mining here has been
 paved with suspicion. Spectators.
 promoters and prospectors have been
 tInkering with the gold properties of
 Tallapoosa county for half a century.
 None of them had money. To mine for
 gold successfully one must have money
 and much money. Men have come here
 from the East, made great display, bor-
 rowed money, fingered awhile and gone
 away between suns. Some of them are
 serving time in prisons. The business
 man of Alexander City or Dadeviiie
 learned to be chary of the sleek smooth
 tongued gold operator. The "hill-billy''
 or poor farmer, who had his home in
 the mountains near the mines will tell
 you even now that the men who are
 mining for gold are plumb fools Tn recent years such men as the Hoods, the Aldrichs and the Prestons, have begotten confidence among the towns folk of Alexander City and Dadeyille by reason of the financial ability of these Hoods. Aldrichs and
 Preston, and because of the knowledge
 that they are Alabama and Georgia men. and men of integrity and char acter,
 Our neighhors take little interest in us," said General Manager Hood, a clean-cut Alabama business young man who got his education in mining and metallurgy at Auburn. They do not see any cars loaded with gold or ore leaving Alexander City. There are few visitors up here in the noun tains from the towns and few of the people realize what we are doing. Our closest neighbors are the most skeptical. They live apart from us. They are all white people and they don't like negroes. We haven't but one negro empIoye and he is native of the place"
 A number of expert workmen are employed at the Gregory Mines. There are three graduate metallurgists or mill men as they are called. They have charge of the chemicals and as- say work. The expert drill men come from the Georgia mines as do most of the laborers. Local labor is not to be had. so suspicious Is the mountaineer of the gold people.
 This Gregory mining property was purchased about two years ago by the Hoods from Lowe and Gregory Lowe was a Western prospector who tink-