The White Pine news. [volume] (Ely, Nev.) 1906-1910, 1907-08-22
TEX" RICHARD HAS
RETURNED FROM EAST
SAYS ELY is KNOWN AS ONE OF
THE BEST COPPER CAMPS IN
THE COUNTRY.
HE DOES NOT FEAR A MONEY CRISIS
Surprised at RumOr Concerning Al
legged Deal With LawsOn-Ely's
Good Showing.

G. L. Rickard, better known as
TEX" Rickard, and wife, arrived last
night after being away for three
months. They came through from
New York City and will remain in
town for some time.
Many of Mr.. Richards friends met
him at the Northern hotel. Donald
G. Cottier of New York also arrived
las night and will go with Mr.. Rick
ard today to the mines. He is New
York broker and has great faith in
Ely.
A News representative met Mr..
Rickard at the hotel and one of the
first questions he piled was:
What is the status of the financial
situation, Mr.. Rickard? We hear
reports to the fleet that the money
market is becoming very unsteady
and that there is a tendency for mon-
ey to become tight
Money is rather tight" he replied,
"but there is no danger of panic.
The crops in all sections of the coun-
try could not be better and CONNER
cial men say they are selling more
goods than ever before. The money
seems to be in the west. At least, no
one appears to know what the cause
of the tightening of money is. The
railroads and big financial men are
expending a great deal of money in
building branch lines, big buildings
and the like and this may account
for the change in the financial situ-
alton.
1--WE all know that stocks have
gone down of late, but | would not
be surprised to see. prices go back
at any time. | don't think President
Roosevelt's attitude against the cor
porations has brought on these con-
ditions, although some say the Stand
ard Oil fine has had this effect.
Summing it up, l would state that
legitimate business is in good shape
all over the country, and that the
cause of the tightening of money is
due to the fact that the big men
haven't the cash on hand, which is
the result of the big enterprises they
are undertaking.
The reporter asked Mr.. Rickard
whether there was anything in the
report that he had met Thomas Law
son of "frenzied finance" fame and
had sold to him some of his proper
ties here.
81 don't know how that report got
out" he replied. "The first 1 heard
of it was in Salt Lake, where the
papers stated it was rumored l had
made a deal with him. l haven't
anything to state on the subject
He stated that he was not particu-
larly interested in sporting affairs
and he didn't figure that a fight here
I0
81 was greatly surprised at the re-
suit of the Britt-Nelson fight" he
said. Il suppose the beating Cans
gave Nelson was the real cause.
recall experiences | have had with
Spanish horses in Mexico. They
could be driven a great deal and
worked hard before they gave in, but
after that it took very little to cause
them to give way. The punishment
Nelson received no doubt has weak.
ened him and he has lost the strength
and endurance he formally had"
"What do you think of the town.
asked the reporter
81 am greatly pleased to find the
camp as prosperous as it is," he said
1T is considered by the people in the
east as being the best of all the new
copper camps. The fact that it has
the money and is building its own
smelter speaks well for the district
The people of the east have great
confidence in Ely and it is we'll ad
vertised. The resources of the dis
trict have favorably impressed the
capitalists"
"Tex'' stated that the alleged Jack
West was fake and that he never
saw the individual who posed as hav
| ing been we'll acquainted with him
West received one write-up in the
New York papers and then dropped
out of sight.