The sun., 1907-08-11

slightest doubt that the facts regarding this
drilling are IA ! have always understood
them and as stated above.
From my knowledge Of mining and lime
stone properties and renl estate generally.
especially In Sussex and Warren counties
y. j.. and Orange county. n. y, I could not
recommend the purchase Of this property
at any price, except as an agricultural
proposition.
The Edwards referred to In Mr.. Tonking's
letter In ". r. Edwards who was enI loyed
10y the Sussex Mineral Conn any several
years ago to rrosr cot on the proI erty now
controlled by the New Jersey Mineral Com
Iany. A complete record OF the daily
drilling done by MIR. Edwards is now on
file, with the State Geologist Of New Jersey,
which shows that he didn't find trace OF
zinc. Inasmuch as President Richards of
the mineral company has been known 70
say that there has been no recent pros
pecting on the Munson farm the question
- In order az TO where the New Jersey
Mineral Company got the idea that there
10 zinc under the farm.
The annual report for 1905 Of Henry b.
kummel, State Geologist of New Jersey,
devoted some little attention TO President
hichards's company, which doubtless was
influenced by the reports IL has OF Mr..
Edwards's drilling. Geologist K0mmel said:
Occasionally the Survey is in receipt Of
letters asking for Information regarding
New Jersey mining propositions which are
being promoted on the market. IL is q matter
OF extreme difficulty to reply to these In such
way rs to be absolutely fair TO all parties. 10
Is no part of the work of the Survey to oner
advice to prospective investorsteither for or
against proposition). but IL is q proper func-
tion to set forth I'm its reports and in response
to queries geological facts known and Of
record which bear on the same.
IL seema necessary. howeyer. % call atten-
ton TO the recent prospectus OF q company
promoting zinc mining proposition at Frank
lin Furnace, adjoining the well known mines
oil the New Jersey zinc COMPANY ior my
reason that the work OF the State teoios,st 10
cited in such way as to make it appear thae
this Department indorses the claims set forth
in this circular. The Geological Survey most
emphaticaly does not do this. There are no
known facts in its possession which warrant
the claim that zinc ore In commercial bodies
occurs anywhere In the State except In the
two famous ore bodies Mt Franklin Furnace
and stirling HnI respectively Thousands
of dollars have been spent in recent wears In
oi . uona.s nay nHWe oeen spen. ~ ,eon. @ ~
uismonu uinns On ,nv neisno'ns s, p'opv ,.S
e'ee ~ .he ploi'y y. enoeo u v'o Joee. wv
negative results SO Iar as tnis epsIlinene ,s,t
knows. In All inture prospecting oy tnis
means 1t should be clearly recognized by those
whose money isinvested that exploration by
diamond drill Is very expensive. costing sew
eraI dollars per foot, and that the expenditure
OF 500 900 may be necessary to test properly
q single hole, and the chances Of locating .
workable bodv of ore by one or two holes nut
down in The c,vs,aliine I,me.tons sv.n IN the
most favorable snots IA verv remote.
NJ. r,,hIi.haJ ;r ~. .nnn.I r.nor, ~ ,h.
e.. ciS.a. o.. 'soo - 'aos sh,S.
So .I" ,hT. tuU W, s'ns..I.,S
tne property OF .nls compeny ~ no. unueI I'alu '.
entireiy py wnite limestone. As N cisimeu' out
in large part by the blue limestone. which Is
highly magnetism In character and utterly
valueless for the purposes OF Portland cemens
manufacture.
rh. ,,-o.,oo.,,s ,uo,.. mr.. ~ r.,o-.
on this npoperty Written IN 1908 bv Frsnk
On Ss rtsrr,d - az 70 a 81.
H. % NSs1n, ~to " ,Sa a',rr,a,, vSan ba nc sde
ne . .no ~, .oy,,.rsd h;s o oomnsco
i .Io ,opV ,,r,,ss, -, 800 Th;a 81 aS1idns1
.loli @ VIII ..;.r,.a,y, .no SUI saO,. and so,S
report misrepresentsS ;eatS -. Wr aI .enos 10 20
,h Vas ,, am ao.iso 70 anu nsars sbo,,id S ~,
tne survey i1r many yes ~ sh4uu De
$780, t se. rS,,tI;.h~L ~ ~ -. -
anu Inv .gpos as RR;Ganan, oo,,,i,'s, SmS p.o"
pps peo.us ieau |aa W roy ~ W.. Tanaa So St,Dn
Ns, oselnaise .I. SI.
whose reputatlon as = geoiogls. extenas
ueyohu tS S;s Seai;rs. 18th ,bs Taw Iar.e,, so
ny NP auJus E.a,,oOs mo1 Sen be was r,,..,;onsY
He said that he was engaged by Richards
to make geological examination OF the
property long before the New Jersey Mineral
Company was thougnt Oh ana az time
when hcharos was trying 10 soh the Nun-
son Isrin 10 so,le ohe.
II la,rly nauo me = sioA ~nen tne % dpriu
oopy o' rnsDactUs wi,S ,ha ran,arI tha.
phayt aa ,;t,an waa the comnlota rarnrt >
sa;d M Sason 81 was thnroughIy con-
yinced then that the company was a swjndIa
and I then decided to do what I could To
undo the damage that might be done by
the way in which the company had used
my name. My opportunity came when
many persons who were about to invest all
their savings wrote to ask me II l could
candidly ADVISE them 10 put IN their money.
1 wrote every one OF them that the concern
heard about INV warning TO some OF the
would -be Investors. and wrote me last
Anril that I would be sued for libel n
didn't At op calling his COMPANY a swindiing
concern. didn't stop. and haven't been
sued for libel either.
some idea of the class Of investors who
ware invited 10 nut their aavinrs into the
Munson farm can be gained from the letter
Of Isaac NJ. Kennedy OF Kansas. who was
wise enough to write to James Il. Tonkino.
sunerintendent Of the New Jersey Zinc
Con nanv mines before he oava m Wis
letter follows:
You being superintendent OF the New Jersey
Zinc Company. and knowing the country
furnace
i suppose you know Wnat ID caneu the Munson