The Pioche weekly record. [volume] (Pioche, Nev.) 1906-1908, 1906-10-26
A PIocHER IN CANADA.

4
the past ten days, but it is doub
ful If there has been q more Il
teresting personality there, q
one who has attracted more a,
tention, than the new manage
of the Foster Mine, AIexande
W. Scott says an exchange.
Mr.. Scott made his first vial
to CobaltOn Sept. Z, having com
to Ontario from Nevada to visi
his parents. who live in Owe
Sound, where he was born.
His wife had accompanied hin
and the 7. & N. o. Cobalt ex
hibit at the Industrial Exhibitio,
gave him reasons to believe tina,
the stories that had reached hin
in Nevada Of the prOdiaioul
wealth of the Cobalt camp wer.
not Ialry tales.
His fame had preceded him,
and ne had not been in Cobalt
three hours before it was widely
known that Lucky" Scott d
Nevada was there, and 'lookinp
for somethinr.''
He made a general visit of the
district, heard many people talk
OF the possibilities of the Foster
Mine, saw it, and. with the IN
tuition that one might look for in
in a Napoleon of finance. rather
than in a mining engineer, con-
vlnced himself that the property
must be his.
He returned to Toronto, and in
less than three hours after hia
arrival he raised the necessary
three-quarters of a million re-
quired for the purchase of the
property and in five hours was
prepared to pay the cash.
establishing a record in financial
exploitation that in these DAYS
one looks for from a Canadian
born. Within a week the deal
was closed, and the public fully
informed, except that many are
still guessing az to who the
purchasing parties are, supposed
ly Detroit or Chicago people
(really New Yorkers), who are
in with the Toronto bunch.
1t might be said that Mr., Scott
himself has put a large amount
OF his own money in the deal.
Speaking of the camp, he says
it is certainly a FREAK
CAMP, " and feels that he has
even yet a great deal to learn.
he is emphatic in asserting that
ne has never yet visited a mining
camp whore he has seen such
evidences of enormous mineral
wealth as found in the Cobalt
camp.
One of the first things he did
was to go through the ore-house,
where he found about five car
loads of ore sacked. In making
his estimation of this treasure
ne opened every tenth sack, and
ne feels satisfied that he is not
exaggerating it when he states
that the first carload that has
been shipped viii bring between
$40, 1000 and $45. 900 net. This
car will likely reach Berger juno
ton tomorrow night, and as soon
as ne receives a wire announcing
its arrival he will leave Toronto
to look after the sanpling.
The first step decided upon by
him was shipping. and the second
the installation of a new plant.
both of which are being prompt.
ly looked after. Orders have
been given to the Allis Chalmer,
people for two air compressors,
fifteen power drills twelve tc
start With, three independent
hoists, and an electric plant with
all that goes with it. The new
management has determined stc
make the equipment and thu
buildings as complete as any in
the camp. Forty men are now
employed, and as soon as the new
plant is installed they win have
seventy working.
Lucky" Scott is a man t.
conjure with. In Nevada he go
this name by reason of the sue.
cess that attended the man,
ventures with which he was CON
nected there. He has mine,
throughout the west and i,
/ TaV,@,.~I e.