The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1907-04-25
BIGGEST SALARY IN THE WORLD
Former Bunker Hill President Paid
$500. 600 Annually.
(SDOko cam n. n Aviowl


John Hayes Hammond, one time
president of the Bunker Hill Z Sui.
livan Mining company at Wardner
Idaho, one OF the largest silver-lead
mines in the world, who made his
home at Wardner for nearly year
In 1890, Is said now to receive a sal
airy aggregating 100000 a year
which is more money than any other
man ever received for his yearly
services in a similar capacity. Men
make millions on Investments or by
manipulation, but Hammond Is said
to be the only man in the world who
Is paid so nearly a million dollars q
year for professional advice.
When Sim Reed acquired the Bun
ker Hill & Sullivan group from the
original locators, assuming the con-
tract held by Jim Wardner for the
treatment of the ore, he brought Vic
tor Clement from Grass Valley. CAL.
to take charge of the property.
Hammond Comes to Idaho.
Later Clement organized the pres
ent Bunker Hill & Sullivan Mining &
Concentrating company, and Ham
mond was made president Of the cor
poration. This was in 1890 and Mr..
Hammond remained at Wardner
nearly year planning the develop
ment Of the great mine. Mr.. Glenn
ent was then with him, and persons
who were connected with the proper
ty at that time declare that Mr.. Ham
mond listened to the advice of Mr..
Clement In all matters connected
with the exploitation of the mine. 1t
is said that often when examining
the workings of the mine and plan
ming for its future development, Mr..
Hammond would suggest certain
operations be undertaken. Mr.. Glenn
ent would often argue against the
plans and the outcome generally was
that Mr.. Hammond agreed with the
views of Mr.. Clement. :.
Mr.. Clement died several years
ago and at the time Of his death
owned large number of shares In
the Bunker Hill & Sullivan. It was
nearly two years ago that his widow
of her holdings to the smelt-
ing trust for approximately $1,000
900. Mr.. Clement was the heaviest
individual owner In the corporation.
When Mr.. Hammond went to the
mines OF South Africa in 1894 he re-
signed the presidency Of the COM
pany, but still retained his stock. So
far as Is known here he Is still
stockholder in the corporation.
Born in San Francisco.
Mr.. Hammond was born in San
Francisco So years ago and gradual
ID from the Sheffield scientific school
If Yale. During his boyhood in Cal
fornia he dreamed of nothing but
gold, for the western coast was gold
mad during this period.
In his quest for the yellow metal
le has Travelled all over the world.
rom Siberia to South Africa. He
the course of prospecting in
Australia during the boom days, and
le was in the Transvaal at the time
Il the Jameson raid. With Phillips,
frank Rhodes and George Farrar, he
vas captured by the Beers and was
entenced to death. Dom Paul Kru-
Ter, under threats from Joseph
released the four men
lpon the payment of an enormous
Inc.
His office is now in New York,
rom whence he Is called to go to all
ARTS of the world to examine va
ious mining properties. He also
as a corps OF assistants who visit
he mines under question and make
heir reports to him.
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