White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1910-10-09

and developing it as their property
and along their peculiar, heightened
lines. AS already stated, Lawson
had noticed by name in his Newspaper
b~roadsides only men high up in the
financial scale-Roekefeller, Rogers,
Stillman and that ilk. Suddenly, in
a twinkling, he prostrates himself in
hero worship of the Hayden-Stone
house.
What is the reason? Does Mr..
Lawson think that it is a case of
stoop to conquer? Is there an agree
ment between the staid Stock Ex-
change house and the free lance of
finance? Have they agreed between
themselves to disagree and prosecute
their own methods. but to the same
end? Is Lawson persona non grata
to the house which he pitches SO
many bouquets al, or are We being
entertained with a variation in vaude-
vile finance?
This, however, is to but little our
pose. 1t may be that Hayden, Stone
& Co., in their mental reservations
blink at the Lawson advertisements,
or it may be that they thoroughly and
u~loapplOst Vi IL do
Stock Exchange members. Then
again they may be Indifferent, regard
ing it, If at all. as no affair af theirs.
Nobody claims that they are called
upon under existing conditions TO go
further in their reputation of Law
son methods than they have gone.
Whatever may be said about Lawson,
it is fully conceded that Hayden,
Stone q Co. a take care of them
selves. Mr.. Lawson comedies this,
and Ii would stand that way without
any concession from him. Whether
Lawson started off in the Chino cam
paign with the view of marketing the
one-seventh interest he retained in
the old Standard Oil Santa Rita, or
whether he was forced to the wall
overnight and made to sacrifice a
part of hal interest is, of course, un-
explained. And unexplained it will
probably be until the end of the
chapter, unless Lawson breaks loose
and gives us another story similar to
his expose of the Amalgamated
episode.
This preface is a stage setting for
Colonel Charles Hayden, the head of
the Hayden-Stone house, which is
known throughout the world as the
leading house in coppers, to say
nothing of it's large hand In other
~specialties. The H~ayden-Stone house
is not only an ultra-conservative one,
as Lawson says, but it is, by the same
token, super-conyentional in its
methods. Ii resorts to so sensational
advertising methods over its own
signature. It's house publications are
severely plain, lacking in o~rnateness,
while being quite regular and accred-
tied in every way. The house, of
course, advertises in the news
papers beyond the formalities to
which a Stock Exchange house is
limited. 1t even stays well within
these restrictions. So far as adver-
Using matter and house literature
goes, Hayden, Stone & Co, are quite
old-fashioned and ir~reproaehable in
their methods. Nor is it characters
tic of them to resort to any cheap
class of press notices. They do big
things in a big way. and let their
deeds speak for themselves. rather
than tell the story in words.
In the personnel of the Hayden
Stone house both members count one.
Both ae factors in their particular
ways. Colonel Hayden gives his
special attention to coppers and banks
though he is interested directly in a
long and varied string of mining in
dustrial and financial enterprises
which comes under other classifea-
tions.
Mr. Galaa CtAna fha nybar -
Der of the firm, makes a speciality of
steamships and street railways. When
the famous cotton bull, Daniel j. Sui
ly, suffered financial reverses a coupe
of years ago he was employed by the
firm of Hayden. Stone e. Co. to take
charge of its cotton department.
While Colonei Hayden has been a
giant, ranking with Guggenheim,
Jackling, Claiming, Thompson, Mac
Neil, Smith, Philips and Penrose as a
porphyry copper capitalist in bring
ing to the front eucn great successes
in low-cost production as Utah Cop
per, Nevada Consolidated. Cumber-
land-Ely, Ray Consolidated, Miami,
Chino and others, he has also been
quite a figure in gold mining. The
CidtiOHohlp vi IldydtH, Olunt q w.
TO the Goldfeld Consolidated mines
was the same important one up to
two years ago as it was and still is to
the group of coppers just enumerated.
1t was j. Parke Canning who dis
covered and advanced the idea hat
porphyry ore had commercial value
on the Nevada Consolidated estate. 1t
was Daniel j. Jaekling who did the
same thing on Utah Copper. Prior to
that these great copper companies,
now producing one-tenth of the couh-
try's copper, at the lowest cost, were
looked upon as having a world of
worthless low grade material. 1t was
Charles Hayden who made effective
by financing them the idea of Chan
ming and Jackling, and 1t is Charles
Hayden still who Is the financial rep
res~entative and exponent of these
4 M n@ - AAta