The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-27
REQUA AND GUM
HAVE RESIGNED
Managers of Nevada Can. and
CumberIand-EIy Retire on
! First of the Month.
NEED TIME ON OWN AFFAIRS
SALT LAKERs BOND sTATELiNE
MINES.
NEED TIME ON OWN AFFAIRS

Mark L. Requa, general manager Of
the Nevada Consolidated companys
properties, and George Z. Gum, gen.
eral manager of the Cumberland-Ely,
have rendered their designations, to
take effect Dec. /. They are to be sue
.eeeded by Pope Yeatman, prominent
New York engineer, who has been on
the Guggenheim staff for a long time
and who is expected to reach Ely dur
ing the coming week.
An intimation has been out for sew
eral days that Mr.. Requa would sever
his connection with the Nevada Con-
Bolidated, but it was not known or even
surmised by the public that George E.
Gum had decided to go out at the same
time as Mr.. Requa, and it remained for
the latter. in the absence of Mr.. Gum,
10 speak for the latter when questioned
yesterday.
Reasons for Retiring.
Yes" said Mr. Requa, Mr.. Gum
and / both decided some little time ago
10 retire from the management of the
properties with which we have been
connected since the organization of the
companies. 1 can say for myself and
for Mr.. Gum, also, that it is through no
trouble with the companies we repre-
scented that the move has been taken.
j was unwilling TO be tied down TO the
routine management of a proposition of
any kind, and the same was true of Mr..
Gum. l have many personal interests
10 look after in California and some in
Nevada, and it is to my personal bust
ness advantage, I trust, that I leave
the company. 1t was never my inten-
ton to remain longer than-t to see the
building of the Nevada Northern rail-
road finished. With that done, the
mines we'll advanced in development
and the work of erecting mills and
smelters brought TO the point of actual
construction, the task of managing the
properties longer is mere of grind
than l was willing TO accept. Mr. Gunn
l understand, feels much the same
way"
Hanging over Mr.. Requas desk was
a large panoramic picture of Butte.
showing the valley swept by the smoke
from the smelters. CHANGING at the
picture, Mr.. Requa continued;
Some day Ely will look like that
and il will not be so very long, either
that is, il 1t is possible 10 get fuel to
keep things moving. That is what I
want TO see. Ely is a wonderful camp
and the Nevada Consolidated mines are
about the biggest in the world; it is now
simply a question of time to prove it.
They have been magnificently financed
and copper ore in ineXhaustible guam
tity has been proven TO exist. IL is now
simply matter Of time and hard work
to make them immensely productive.
More Mines Left.
NO" said Mr.. Requa, in reply to a
query, q don't consider that all of the
mines in the Ely district have been
found or opened up yet. At the pres
ent time, however L neither own a foot
of mining ground or a share of stock
representing property in the camp. II
may be different by and by, but that is
the status OF matters today
Asked if he had gone into partner
ship with Mr.. Gum, the retiring gen.
eral manager of the Nevada CONSOLE
dated said he had not, and whether he
and the manager of the twin sister of
the Nevada Consolidated would be-
come interested together in anything he
declared was "A matter for the future
10 determine; he could not say at this
time.
1t looks as though these two men. the
men who are, more than any other two
men in the world. responsible for the
bringing out of Ely, are determined Ia
go on building up the mining industry
that they will work in single or double
harness, as time and opportunity sug-
gests, and that they can each accom-
plish more when not tied down by rou-
tine positions is something they fully
realize and which their friends will ad-
NIT.
Mr.. Requa expects TO leave with his
family for San Francisco during the
next couple of weeks and make that
city his headquarters. He expects, how
ever, TO be in Salt Lake if not often
every once in a while, and he states
emphatically that he likes TO come