Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1908-01-14
like COMSTOCK;
like CONSOLIDATED

w
Goldfield Consolidated, and that a
syndicate of Eastern capitalists head
ed by the famous Barney Baruch are
in the saddle.
If this is so, it is but another case
of history repeating itself. Take the
Comstock, for instance. Not only did
the original discoveries of the great
lode sell for song, but the man who
bought them out did not reap the
enormous profits
Judge Walsh of Nevada City, or
Grass Valley, was the man that came
across the mountains in the summer
of 1859 and bought out Comstock
and his partners. Who he was, what
became of him when he disappeared
from local history are things as dark
to the Comstock of today as are the
identity and history of the first pros
pector that located a claim in the
land of Ophir in the days of King
Solomon
Certainly he built no castle on
Sutro Heights, constructed no Palace
hotel, ran no railroad from San Fran
cisco to Santa Cruz, laid no cable
from the coast to Manila, nor did any
other deed resembling the enter
prises of the men who later made
their pile" out of the bounteous
storehouse of precious metals.
And those men-Mackey, Fair,
Sharon, Williams. Flood, O'Brien and
the rest-were obliged to run no such
risk, withstand no such competition
as Wingfield and Nixon are meeting
or will have to meet The Comstock
of those days was terra incognita
SO far removed from Wall street that
such thing as Comstock quota
tion was never heard of there. What
warfare had to be waged for control
was with San Francisco financiers.
and they were so engrossed in other
affairs, and so ignorant of the won
derful possibilities that lay at their
very door, that when Mackey and
Fair needed money to carry out their
big projects they were forced, either
by inclination or necessity, to call to
their aid not banker or a broker
but two saloon keepers-James Flood
and William O'Brien. In this, very
likely they were either very lucky
or very wise. The saloon men were
satisfied with an equal division Of
the profits, whereas the professional
\ financier ultimately would have want
ed it all, and Fair and Mackey woult
have wound up, figuratively speaking
in the poorhouse.
Since that golden age of primitive
mine manipulation and trust of part
ner in partner, the halcyon days hav'
disappeared. Gold mining is no long
er a speculative proposition and Wal
street is closer to Nevada, in sense
today, than San Francisco was yes
terday Observe the change, in on
instance that we know of. Whe
Senator Nixon wanted money for tn
Goldfield Consolidated, he was force
to go to Barney Baruch, one of tn
keenest- witted, sharpest bargain driN
ers in the New York markell ma
who could cut Nixon's eyes out an
run rings around while the Winnie
mucca banker was saying, GOO
,.,o.oloo. bou, J,xo
Whether Baruch drove so outrage
ously unequal battle with our JUL
ior senator as some of Mr.. Nixon
critics assert, is not for the Reveill
to say, for the simple reason that
doesn't know But it would be al
surd to entertain for moment til
notion that Baruch did not max
something out of the deal. And wit
men of the Baruch type, the scent
money is what the taste of blood
to the tiger--if it be worth while,
there be enough of it, they are goin
back to eat all they can. And as tt
Goldfield Consolidated is a chunk
beef we'll worth the while, one ca
readily imagine Royal Bengal BaruC
stealthily shifting, purring and PROV
ing about ready to make the lee
over the bounds of the corral al
carry off to its Wall street lair Il
priced booty which it is the chi
business of Messrs. Wingfield al
Nixon to defend.
The Nevada Mining News says tn
Barney has already brought home Il
beef. Time will establish the tru
or error of that assertion. But
Barney has not already got 1t, Il
future will witness pretty bait
for the prize, with the prestige
possession to favor Wingfield al
Nixon, against the sagacity and e
perience of Barney Baruch, aided
such occasional allies as stringen
in the money market.-Reno Re