davidaulloa/AmericanStories huggingface dataset:
The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1906-05-28
RAILROADS
ASSESSED
AT MILLIONS |

Following are the assessments Of
all the steam and traction roads in
the State, made by the State Board
of Public Works:
The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1906-05-28

Assessments of Traction Companies
for 1906.
The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1906-05-28

Delivered 10 all parts of
City byS Carrier. Price
% cents per week; Q
cents per copy;
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1906-12-22
NEVADA.

1t is those who never think of put
ting a dollar into a mining PROPOSE
ton except at boom periods who most
complain that it is an unsafe and UNI
sound business. And they are the
very ones who are first to rush into
the traps laid for unwary whenever
some mining man begins making
money out of a new mine.
There is in progress Just nov the
widest boom over mining stocks this
country has seen since the Comstock
mine made a dozen or more million
aires and as many thousands of pau
pers. One or two bonanza mines
have been opened near the surface
at Goldfeld. The owners of these
and their lessees are In line to make
fortunes. This fact has been made
the excuse for the widest booming
mining country ever experienced.
Brokers and promoters are spending
hundreds of thousands Of dollars Of
the money of investors creating a
boom era and making it possible to
unload what they will on the public,
Dozens of companies are being
formed every day on absolutely moth
ing that a mining mar would put a
dollar into. Stakes are being set at
random, without the least regard
for the possibilities of making mines,
and these incorporated into compa-
MES that sell to ~non-residents on a
basis of 100000 or more for a piece
of ground not worth the recording
fees.
Surprising as it may seem, Colo
RADIO people. many OF them familiar
with these facts, are manifesting a
desire to get into the Goldfeld boom
and buy these wildcat shares. Some
Colorado people have even engaged
in the manufacture of such stocks
and the floation of such companies
They make the excuse that every.
thing is going up, as 1t is the biggest
boom the country has ever seen.
Men who in sane moments would be
insulted by being asked to consider
such investments are now gamblins
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1906-12-22

in such worthless stocks because they
expect them to advance.
But the time comes when such
stocks refuse to go up. Then every
dollar put into them might as well
have been thrown into the fire.
There is nothing of merit to back
the stocks after the boom is dead,
as die it must and will. There is a
limit to the length of time the pub
lie can be fooled by such business.
The bubble will burst and leave
nothing for the bag holders.
Nevada has disclosed some new
mines Of consequence very few
considering the number of prospec-
tors and how quickly the country
can be prospected. There is talk of
millions being produced and the wild
est statements are, as an effect of
the boom, accepted as sound facts.
Tales OF thousands in a bucket and
millions in a week ought not disturb
the equanimity of a people who have
heard them before and know enough
to know better. Nevada has for years
maintained an average production of
about 10000 600 or $4,000,0O0 in
gold a year. In 1904 its official
statement of yield was $4,000, 600;
Ia Tu0E ~ ,rodunad opJy a HtfIe
more than $5,OO0O0O, in spite of the
fact that Goldfeld had been boom
ing all year and that Tonopah was
then four years old. This year if il
actually ships 100000 in gold
it would surprise all mining men
and yet the public is being induced
to buy stocks on worthless ground
by the representation that it is pro.
ducing millions a week. If all Gold
field produces 40 per cent of the out
put of Cripple Creek this year the
mining men of Nevada will be al
much surprised as W. will be.
This is a good time to give a sec
ond thought to such things. 1t viii
save you years of cursing the mining
business for your losses. The mai
in Denver buying these shares made
to sell stands about as much SHOW
Of making money out of them as h
would of striking a mine in the as
phalt of Sixteenth street.-Denve
Republican.
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1906-12-22

tions that retain the values. The
Mohawk and Kewanas were charac-
teristic prospects for the first $50
to 200 feet, which fact illustrates
teh extent of the leeching.
Surely the end of the Nevada boom
is in sight but it is the front end.
Our first impulse was not to dignity
the articles or editorial on account
OF their gross Misrepresentation, but
upon further consideration we feel
that we owed it to our readers to
refrute the accusations by facts and
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1906-12-22
A FEW FACTS.

Under date of December 18th the
bonanza touched editorially upon an
article which appeared in the Dem
ver Republican relative to the State
If Nevada. Our comment was brief
and ran as follows;
Feel Sore.
A recent article appeared in a
Denver paper alleging that the Ne
vada boom was but temporary and
furthered by all sorts of nefarious
schemes. lie speaks of sailing be-
ing carried on unscrupulously, in
Tonopah and Goldfield as well as
wholesale promotions of wild cat
companies. The allegations are sup
nosed to be based upon the reports
of an engineer, but as to his right
Ia. such a title we have grave doubts.
In his report he says that one prop
erty here and one property there,
we're visited by him and although
the companies were advertised as
giants. he found nothing but a small
hole in the ground. He takes
mighty good care not to name the
s%pecific companies, but is mighty
free with his accusations. The en-
lire article is too ridiculous to de-
serve comment, but we can not miss
the opportunity TO assert that the
dog is hit and Colorado is just 'hol-
lering' because she appreciates that
Nevada will make her look to her
laurels."
On the morning of December 10th
the article itself as well as an edi-
torial from the Denver Republican
was published in our columns. Hav-
ing made no effort to prejudice the
minds of our readers and having
given them an opportunity to judge
for themselves, We now inquire II
our assertion that the article in
question is ridiculous, is not well
founded. In order that all u read
ers may have an opportunity to
again read the article in question we
are republishing it in its entirety
together with the comments upon
the same which appear in the Den.
yer paper.
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1906-12-22

not by weak g%eneralities as did our
Denver expert 90.
Considerable misunderstanding it
would seem has arisen from the Bo-
nanza publishing the articles in
question. 1t was done to show that
ridiculous reports could be circulat-
ed by those who are evidently ieal-
Gus of Nevada's success. The Bo-
nanza is not a knocker but is syer
ready to boost everything that pos
esses merit, and. the merit of the
State of Nevada is beyond question.
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1906-12-22
SEE END OF NINE BOOM IN
NEVADA.

when there's one more buyer
than there are sellers, then there is
a boom. But as soon as there is one
more seller than there are buyers,
there is panic. At least this is typi-
cal Of the beginning Of EACH
While confidently awaiting the
inevitable crash after a period Of
balloon-like initiation, Denver mining
men experts and investors, are Curl
ously watching the situation at Gold
field and Tonopah and other Nevada
mining camps. Although the buy
ers still exceed the sellers, 1t is pre-
dicted that within a year at the most
there will be one of the most gigan-
tic and widespread crashes in the
history of inflated mining camps and
stocks OF the United States.
cold. clever, premeditated crimi-
nality in scientific sailing. Is the
manner in which some Of Denver's
best known and best respected min
ing experts expires. the Goldfeld and
Tonopah boom. If not actual fraud
is utilized in the high prices and
seemingly rich mines, at least, they
say, the values are greatly inflated
And their conclusions are reached af-
ter close personal inspection of the
properties upon which they base
their opinions. One of the experts
has put in FIVE months at Goldfeld
and another has made several trips
there.
Mines that are capitalized for mil
lions and their promoters are selling
stock for millions. according 10 the
experts, have less than a half mil
lion in actual ore in sight or in pros
peet. One Denver expert stated az
ter returning from a trip to Gold
field that he had been called upon to
examine a $f9,O00,00o property and
he found less than a half million in
ore in sight, After the examination
he stated that by the shrewd, skill
full and calculating fnanciering OF
the promoters, the property might
possibly be run up to a $40,000,OO0
or v a $50,000,000 proposition
before the final crash came, which
would involve thousands of people
who knew nothing of the mine when
they put their money into it.
Because he has 40 interest or en-
nifty individual or corporate In the
Nevada Blooms, a Denver expert, af'
ter passing an opinion on the Gold
field and Tonopah outlook for thu
benefit of those who may take heet
OF his advice, desires that his name
be not mentioned.
"My opinion In the matter may dC
a little good to some and wen If ont
in 100 takes heed before it is too
late, it will be worth my while t
make the statement" he said yester
day afternoon. But | do not wisl
to be mentioned because | have M
interests to further and none to frus
trate."
From my own observations Their
and from those of men whom
trust implicitly, l have reached tn
conclusion that the Nevada boom Il
mines and stocks is the creates
backing, that has even occurred +
this country, 1t is but an exampl
of Thomas w. Lawson's story Q
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1906-12-22

what was done in Montana, and fol-
lows out his stories Of other trusts.
Il was called to examine one mine.
1t was little than a hole in the
ground. One can imagine how small
it was when | say that | examined it
more than even / wanted to of it in
two hours and could have gotten
away in an hour. After passing an
opinion upon it, | was called crazy
by the owners, who wanted $250,000
for the mine. | told them If / was
acting for a purchaser or upon COM
mission other than theirs, | would
advise my clients to take an option
at $4,000, the option to provide
that before closing the deal, the pur-
chasers were to have the opportunity
Of digging a little and finding out
what they had to expect further
down.
my opinion of the mine was rat
ed even higher. / was told before
Invent to the property that 100000
had been sold in stock and that over
half of the stock issued was still in
the treasury. 1t was a $780, 600
proposition. | concluded that a pur-
chaser would be justified in taking
a $4,000 option on the mine, which
then was only a 60-foot hole.
''One mine was priced at a total
Of s19,000,000 and an expert, a per-
sonal friend of mine, told me that
there was less than a half million in
sight. The same mar said that the
skill Of the promoters would possibly
run the price to 40 or so millions be-
fore discovery vas made.
This condition exists from my
personal knowledge and that Of
others who are trustworthy, through
out the new Nevada regions, which
have caused such excitement recent
ly. Everything has an inflated val
ne, prices are soaring, and what
backing they can possibly have is
but a small fraction Of their boosted
worth. These conditions can not
last forever. In Goldfield, the resi-
dents boast, mines are bought and
sold daily, and the buyer is COM
PEELED to draw his check while seated
on the dump.
What can this mean? Nothing
more than the purchaser is expected
to take the word of the seller, buy
the mine on hearsay and then trust
to luck to unload on somebody else
when he discovers how he has been
swindled in the price he paid.
"The fact of the matter is that
Eastern men of wealth have gone
into the region with just that result
in view. Their estate of mind when
they purchase the mines is that they
are pretty shrewd traders and car
probably trade or sell the worthless
OF nearly WI blit0o IADPNi NiN9 ~
someone else for the anne amount
or even more than they paid.
Besides this condition existing
in the far famed gold centers of Ne.
vada, the actual charges have beer
made that there is cool, clever ant
premeditated criminality, in seienti
fc sailing going on by men wht
would be the least suspected. Il
the use of the word scientific ! speal
~advisedly. mean to say that prop
critics are sailed in such a name.
that it is almost impossible to dis
cover the crime. In a amer, which
is is said would fool mining experts
and old hands at the same game
Denver Republican.
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1906-12-22

As to the stability of the State,
what better evidence could Colorado
give than the fact that her own sons
are large operators within our boun-
daries. If only more would come
and investigate for themselves, (and
they would be welcomed), they
would return to their homes, so
greatly impressed with the richness
and permanency of the State that
they would pull out their money at
home and return to Nevada where
the opportunities are great, lasting
and unlimited. Mr.. j.. Wellington
Finch, who is now general manager
for all the properties Of Messrs.
Wingfeld and Nixon, and who was
for many years States Geologist for
the State of Colorado, has stated
that Nevada is already one of the
greatest mineral states in the
try. His opinion is practically law
III 1blOi dAlOs do Ills AOA6 1AP1A I1iANt
and successful career commands the
respect and confidence of every Col
oradan. The Bonanza has not spok-
en- to Mr.. Finch, but nevertheless we
are certain that If the Colorado ex-
pert CD who is responsible for the
gross misstatements that actuate are
comments, were to v with
Mr.. Finch upon the subject of Neva-
da, the information he would re.
ceive, and the facts he would learn
would be such as to thoroughly war
rant any citizen of Colorado or any
other state in the Union in investing
their money in Nevada mining en-
terprises, with the absolute assur-
ance that the capital so invested will
bring them a handsome return.
AS to the question of wild cat
ting this illigitimate method o.
business will exist to a more or less
extent, no matter what may be the
nature of the commodity. In our
State however such business meth
DDS stand but small chance to thrive
with the press only too ready and
willing to disclose any underhand
or illegal dealing. The representa-
tive bodies of all the camps are ever
watchful for any "get-rich-quick"
propositions and one unearthed,
their survival is but for a limited
period. Uncle Sam also keeps a
close watch over these organizations
which present the slightest sugges-
ton of doubtful legality.
AS to Tonopah and Goldfield'
which are the objects of the Denver
experts 90 attack, they are practi-
cally free from any such nefarious
schemes. Because some think that
a property is without merit does not
make the property so. Nor is il
wild eating when money is raised
!; 70 ra definite purpose. and the mon
ey so raised is used for the purpose
for which is was obtained, even II
{ the hoped for results are not fortf
| coming.
In the summer of 1904 a narrow
3 gauge railroad was constructed into
! Tonopah and it was the confiden'
S expectation that it would be entirel!
. sufficient to handle the ore from tn
: Tonopah mine. 1t is a fact vel
t known to our citizens that by tn
time that the railroad reached Nc
e Lean station it was swamped witt
7 the ore from here, Finally TIL
9 builders threw up their hands an.
Lawrence democrat. (Lawrenceburg, Tenn.) 1884-1925, 1906-10-30
Republican Speaking.

A small crowd of Democrats and Re-
-publicaus heard the speakers at tn
Court House. Hon. Arch Hughes, oil
Columbia, spoke first, presenting some
Republican contentious fairly we'll
Hon. John Schade,Jr. followed intro
dncing Hon. Jesse Littleton, in his
usual forceful and earnest Style Mr.
Littleton's speech was a good one from
his standpoint, he being an accomplish
ed orator, aud when prepared has few
equals in the State.
Lawrence democrat. (Lawrenceburg, Tenn.) 1884-1925, 1906-10-30

sALEsMEN wANTED-To look
after our interest In Lawrence aud adj
jacent counties. Salary or commission.
Address The Harvey oil Co, Cleveland,
Ohio.
FOR SALE Two good vacant
business Lots in the burnt districts 81
our City. Size % 100 feet each
See v II. Lockwood,
Lawreneeburg, Tennessee.
A cold is much more easily cured
when the bowels are open. Kennedy's
Laxative Honey and lar opens the
DO wells and drives the cold out of the
system In young or old. Sold by w.
NJ. Gallaher.
ffue and tried friends of the family
DeWitts Little Early Riser. Best for
results and best to take. Rosy cheeks
and sparkling eyes follow the use Of
these dependable little pills. They
do not grippe or sieken. Sold by w. NJ.
Gallaher.
Hon. Flnis J, Gafrsl, whospeaks here
Saturday, November 8, has made during
his first term In Congress national
reputation as an orator and l0gician,
second to no man Of HE age In the
country. Our people should not fail TO
hear him.
+ f Thustan has just received let.
ter from Mr.. Hansen, a we'll known
horse man Of Wisconsin, congratulating
him on the fact that his beautiful trot-
ter, Milton Mack, had won so much
attention at the fairs this fall, In COM
petition with the best horses in State
of fine horses
The universal verdict is that the home
Laundry is turning out much better
work than any other that does business
In Lawrenceburg We are here to stay
we are making little money, and doing
the best work at the lowest prices
Don't you think you ought to have your
laundry work done at home.
LAwRENoEBURG STEAM LAUNDRY
Can you win? You realize that to
win in any thing these days, require:
strength, with mind and body in tune
A man or woman with disordered diges-
tive organs is not in shape for a days
work or days play. How can they
expect to win2 Kodol For Dyspepsia
contains the digestive juices of healthy
stomach and will put your stomach in
shape to perform its important function
of supplying the body and brain with
strength-building blood. Digests whai
you eat, relieves Indigestion, Dyspepsia
Sour Stomach, Palpitation of the Hear
and constipation. Sold by VIM. Gal
aher
Lawrence democrat. (Lawrenceburg, Tenn.) 1884-1925, 1906-10-30
BLOOD POISONING

results from chronic constipation
which is quickly cur - Dr
Kings Ne W Life pills. They re.
move all pois nous germs from
the system and infuse new life
and vigoT cure sour stomach, nau-
STA, headache, dizziness and collie
without gripping or discomfort. 25c
Guaranteed by w NJ. Gallahel
druggist,
Lawrence democrat. (Lawrenceburg, Tenn.) 1884-1925, 1906-10-30
ACKNOWLEDGEMENTS
(: Town And County. 4:

Don't miss the event Of the year.
All kinds OF Feedstuiis at Gibbs
& Bellows.
Don't forget the School Rally, No
vember 2.
Miss Ethel Smith, of Route ?, Is a
new reader
Don't forget to vote and remind your
neighbOr to do SO.
ESQ. W g vandiyer, Of the 9th, was
in town Saturday
FOR RENr--6 room house. Apply
to Miss Jennie Stewart.
The Lawrenceburg Steam Laundry
solicits your patronage
A man who habitually neglects to
vote ought TO be disfranchised.
The vote of every Democrat is needed
Let none fail to,vote and work.
ANY laundry left at the Democrat
Office will receive prompt attention
Frank Austin brings a splendid re-
port from the West Point Democracy.
We are glad to have Miss Ida Pierce
of Iron City join our band of readers
Rev. W V Jarrett has his paper sent
to his new home at Lebanon, Tennessee.
Democrats ought to awake to sense
of their duty at the polls November 6,
1906.
Hon, L P Padgett will speak at
West Point Wednesday night, Octo-
Der 81.
Hon. Jno. F Morrison, candidate for
State Senator, was in the city Friday
and Saturday
The work being turned out by the
Lawrenceburg steam Laundry, is pleas.
ng its patrons,
JIM DUNN,--Will write your Fire In
uranCe and assist you in settling your
losses satisfactory
Surely Democrats are not willing to
have this County permanently in the
Republican column.
Mrs. E P Hickman and daughter
Miss Lorine, have gone to Birmingham
for the benefit of the schools
The Democrats of Ethridge organized
club Saturday night and are getting
in fighting trim for November 6,
Rev. T E Hudson, of Pulaski, LETT
for home Monday morning, after preach
ing here Sunday and Sunday night.
FOR House with four nice
rooms, near Depot. See
JOE B. SCHADE.
FOR SALE-All my Ferns, Begonias
Gerauiums, etc.
MRS A. @. TINsLEY.
Miss Alice Horne has finished hel
school near Loretto, and has her paper
sent to her home at West Point now.
FOR SALE:-2 good milk cows, a
my farm-2 miles east Of town.
FRANK NIEDERGEsE
Loretto will have an opportunity tc
hear Mr.. Padgett, on the issues iht
ampaign, on Thursday, November /.
FOR RENT Rooms at my resi-
eence on North Military
Mrs. NJ S McDoUGAL
Give us trial, and you will becom
permanent patron,
LAwRENoEBuRe STEAM LAUNDR,
Our people of all denominations ar
glad to have Bro. f J Stricklin with II
as pastor of the M E Church for another
year
Hon. w P Mcclure, of Lewisburg
candidate for Railroad Commissions
for Middle Tennessee, was here Mon
day in the interest of his candidacy
On Saturday, November 8, will sci
two yoke of work oxen to the highes
bidder, on the square, at Lawrenceburg
N WEIGH.
As we are not the best, we do on
work as the best.
GUNsELMAN 4 KoLLEFRATH,
Depot Street.
When a horse is so overworked it lie
down and in other ways declares inabil
ity to go further, you would consider j
cri minal to use force Many man o
humane impulses, who would not will
Lawrence democrat. (Lawrenceburg, Tenn.) 1884-1925, 1906-10-30

When a horse is so overworked it lies
down and in other ways declares inabil-
ity to go further, you would consider it
cri minal to use force, Many man of
humane impulses, who would not will
ingly harm kitten, is guilty of cruelty
where his own stomach is concerned.
Over driven, oyerworked, when what it
needs is something that will digest the
food eaten and help the stomach to re-
cuperate. Something like Kodol For
Dysp epsia that is sold by W. NJ. Gala
her.
The news-democrat. (Providence, R.I.) 1906-1909, 1906-09-06
NO ALLIANCE
BETWEEN SPAIN
AND ENGLAND

London, Sept. 6.-Despite various re-
ports TO the contrary. IL may be accepted
as certain that no steps have been taken
toward the negotiation OF d formal alli-
ance between Great Britain and Spain.
and Il is very doubtful that anything
OF the kind is In contemplation. The
relations between the two countries are
very cordial and the newly created kin
ship between their royal houses adds an
other close and intimate bond to their
cordiality.
II is very probable that King Alfonso
will now look to London with greater fire.
quency for his higher political aspirations
and that under his leadership the Span
lsh government will be brought into
closer working relations with the British
government But nothing In the nature
OF written alliance is looked for with
Europe at peace. Spain co-operated with
France and Great Britain at Algeciras
and under most circumstances Will prob
ably be found similarly aligned I'm future.
There Is no reason TO believe that
France would view the close approach
OF Spain and Great Britain other than
with approval or that France would OBJ
ject TO making the partnership a tri-
angular one. There exists certain differ
onces between France and Spain. but well
informed circles here regard them as sus-
ceptlble to easy adjustment.