The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1910-06-17

Grafton, the next ten years will wit
ness an output of gold that will null
tiply millionaires as never before IN
the worlds history" says Alexander,
Delmar the noted financial writer
The company organized for the pur-
nose of building and operating these
dredges is composed of some of the
most successful and prominent busi-
ness men of Michigan and Illinois, and
is being financed upon the same basis
as dry goods, or other mercantile
company is usually organized. one
mans dollar against another's There
are no favorites in this company, every
stakeholder is on the ground floor. No
one connected with the company re-
ceives any salary or other returns until
the dredges earn the money. Every
feature of the proposition has been
safeguarded The depository Is the
First National bank of Chicago, and
checks will only be honored on the
account signed by the Secretary ana
Treasurer and countersigned by the
President and having attached there
to, a certified copy of the resolutions
of the Board of Directors, authorizing
the check All other features, mechan-
ical as well as the business part. have
been as carefully considered. The COM
pany has practically no expense until
the dredges are operated.
| u. S. Engineer Joseph Ripley per-
sonally tested out the McKeone gold
platinum dredge and mineral separa-
tor, subjecting this machine TO every
critical test which could be suggested,
and approved its efficiency by at once
purchasing a block of the stock in the
company. Engineer Ripley was soon
thereafter summoned to Washington
by President Roosevelt, and the presi-
dent decided upon Mr. Ripley's ad-
vice to adopt the lock system for the
Panama canal
| Among the stockholders I'm the Gold
Platinum Dredge Company, are Hon
i Chas S. Osborn, Hon. j. S. Stearns,
the late Ex-Governor Bliss, exGover-
ner John II. Rich. Hon. w. II. Bates
formerly U. s. Marshal of the East
ern District OF Michigan, G. N. Backus
Cyrus Munson, John j. Faltis, Franz
n. Bunnell, and N. G. Taliaferro OF
, Detroit and DR.. w. s. Royce, w $
: Harrington, II. NJ. Garwood, Meyer
: Brothers, vogel Brothers, Frank Kare
, and Thomas MAIDEN. OF Chicago, Ill.
; land Judge Carl Frank, of Monroe
, Mich, and many others in Michigan
, Illinois, Wisconsin and Ontario.
A To the man who thinks and plans
: for his future and who sincerely de
sires to better his condition, the op
lportunity to purchase stock i'm such
i mineral dredging proposition. wher
: the company is formed by men o
a character and standing. is one tina
n which there can be no safer invest
o ment. $50 to 500 invested now Wi
q bring a nice annual income and max
n each investor Independent.
a The business of gold dredging is nc
n a speculation, but a safe and SCUM
Investment. In the case of quartz min
n ing for gold, especially in the pros
4. lpective stage, 1t is impossible to figuI
,e the profits with any degree OF nc
ID curacy; for there is always the ris
in that the rich pockets may sudden
Of Iplay out or that the deep undergrour
~ workings become filled with waite
IN But gold dredging is an entirely dinel
rs ent matter. The extent of the place
e. Fields can be accurately measured; q
ID depth of the minerallzed gravels ca
We be determined by exact measurement
a, land the values made known by wasl
Is. ing and the average value multiple
of lby the number of cubic yards OF gray
X will show to a close approximation G
a aggregate value of the field. Nor
X over, the cost of the dredging oper
to lions is known to n certainty bcfor
90 hand: and the market price of the pr
he duct is fixed by law. and is never a
,rt fected by competition, war or pan
ng Here. then. are all the conditions
he lauisite for safe and sound inves
D. ment. The profits can be accurate