The Evening standard. [volume] (Ogden City, Utah) 1910-1913, 1910-10-28
POSSIBILITIES GROW
IN PlOCHE DISTRICT
Cole-Ryan Crowd VIII Dominate the
Metal Situation In Utah-Road
from Ely to TooeIc.

from Ely to Tooelc.
At last 1t looks as II the old camp
OF Pioche had shaken of the Jonah
man." broken the "hoodoo." and Is
now in n fair way to enjoy tho pros
perity the big district deserves. The
| latest news from the east, where big
things arc transpiring relative to Pi-
oche, is that Ernest r. Woolley has
been made president of the Consoll-
dated Phoebe Mines company. which
Is owned Jointly by the Ohio-Ken-
lucky and the Nevnda-Utah com
panles Further than that, he has
been elected president and general
manager OF the Nevada Utah. and +.
w Calklns, general manager of the
Standard OH company in New York.
has been elected vice president OF
/ the Nevada Utah. Air Calkins is also
one of the big interests In the Car
Donate Mining company In Big Cotton
wood canyon.
There is no doubt but what the Cole
Ryan interest, who are also Standard
OIL are behind the present movement
In the Phoebe district. 1t means that
thousands OF dollars will be spent in
development work there. and that be
fore another year rolls around the
camp Will be one Of the big silyer-lead
producers Of the country,
Considerable speculation is being
made as to what Will be done by the
new interests To those who are best
informed, II looks like the advent Of
the Cole-Ryan interests into the dis
trict means the purchase OF the Prince
tNnnCn1iAotal n u ar nl in
terosts. And further than that mills
will be erected at the Prince Consoll-
dated and Consolidated Pioche prop
critics.
To Build Railroad.
Another step Will mean that the In
ternational Smelling G. Refining CON-
pany will dominate the metal sltua-
ton in Utah and southern and eastern
Nevada, A railroad will be built from
Ely, through eastern White Pine
county, the famous Deep Creek coun
try and to the smelter at Tooele, this
Will Yield a great tonnage of copper
ore as we'll as silver and gold, AS
Pioche is only 125 miles south Of Ely
and in the same valley, the Salt Lake
Route would be willing to give good
rates rather than have the smelter ex-
tend Its road In that direction The
smelter would certainly be unwilling
TO place itself Mt the mercy OF the
Guggenheims and their Nevada North.
ern railroad. and would certainly hold
club over the Salt Lake Route If
there Is any chance This means that
Utah VIII be the great central point
for the International Smelling &c Re
lining company in the west II does
not look reasonable that smelters will
be built at either Phoebe or Ely
The taking over of the control Of
the Nevada-Utah Mines &c Smelter
corporation means an end to some OF
the most disgraceful manipulation tao
tics In mining history. 1t runs over
period Of years and involves n num-
Der OF well known mining operators
and far from honest eastern brokers.
No western company in a long time
has suffered so much from out-and-out
skullduggery.
Issued No Reports.
The Nevada Utah has never issued
n report as required by the Nevada
law, but since the change In control
every effort is being made to settle
affairs. The company declared that
1t had not enough money on hand 10
issue the required report. yet 1t boast
ed of having $105,000 in the treasury
in cash 1t Is probable that when the
real truth comes out the company
cannot boast of more than $4,000.
When George u. Leonard was Dresi-
dent of the company. drawing 100000
year for looking wise and riding in
a private car, other salaries were in
proportion. Little two by six frac-
tional claims had their 500 a year as
sessment work spent on them, no
matter how far removed from the
mineral area, superintendents were
paid 70 hang around and do nothing,
$500 month secretary of the COM
pany sat in an Office and received let
ters of complaint from stockholders
that would fairly burn a man up with
shame. The secretary probably came
the nearest to earning his salary, as
he had to read the letters.
Founded in Iniquity.
From the start, Nevada Utah was
founded In iniQuity. Simon Bamberger
was unable TO agree TO the price want
cd, and the Neyada-Utah people took
over the Phoebe ground. In 1906 Col.
John Weir attempted to put through
a deal whereby he would get posses
sion OF certain Ploche property with,
out paying for e. He was then the
ruling spirit in Neyada-Utah His lit
tie scheme was thwarted. and later 1t
resulted In the dispute between the
Ohio-kentucky and the Nevada Utah.
In 1907 Weir lost out and George
ID Leonard and E. s Hooley. New
York brokers, secured control. and
through the big boosting that had
been given the stock, noated the issue
to 5000 stockholders. story OF the
real inside facts of manipulation OF
stock. shady deals, chlcanery. false
information and such other doings as
only light-fngered gentlemen would
be suspected of are all contained In
the past record OF Nevada Utah
The killing of the bugbear that has
long held this property down means
that Pioche will again come TO the
front