The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-11-14

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that will outdo everything Of its kind in
the last century. Hundreds Of them are
the fortunate owners OF property and they
are refusing TO sell at any seemingly rea-
sonable price. bur many sales are being
recorded for sums higher than $50, 900
a claim.
Few companies have been Incorporated
and 50 far this has been a rich mans
game Much sympathy has been vast ed
in recent years on investors in mining
stocks No one has heard OF any sym
paihy being extended TO the capitalists
who are buying those claims and putting
in plants for developing the properties
These men are the real gamblers in min
ing Most Of them are well able to play
the game In fact it might be that they
have this money 70 gamble with because
they have confined their gambling to
mining
RAILROAD BUILDING ~ HAND.
New mining discoveries are always
made in remote localities and the first
questions Of interest to a new district are
transportation. fuel and power. IL 10
already evident that these questions will
he. speedily solved for Porcupine. Arthur
A. Cole the chief engineer TO the Railway
Commission OF Ontario. informed The
SrN representative that he had recon-
mended the building OF a railroad by the
Government This road would have to
Private capital has already been inter-
e~,ed in an electric line. The Sun repre-
sentative saw surveyors AT work along
the trail stalking out a route for this line
and the head OF the company projecting
rh.. line said he would have IL constructed
part 81 the way this winter. No that sup
plIa- nigh. bs taken that much nearer
the camps There are said 10 ba large
waterfalls in the vicinity 81 the district
They are controlled by separate interests
a. 81 ss,s.
com blne and I've able 20 supply the district
with from 5000 10 - 200 horsepower Of
elaC-riCitv
n might he supposed that this dense
forest would supply fuel Tor the district
for years 20 come. but the Canadian
conservation laws may limit the amount
Of timber which NAV he cut. and IL re-
mains 20 be- seem how this question will
he met. Unlike the deserts OF The lar
Western region III the United states. this
country of course has an unlimited sup
ply Of water in every direction.
mn, >,rx cor rgr rrRsT SHOW
-, ;,,,,-,., a., =, ~.
nc h.iii''i ~. - -. - US S,,Is
~ aa.,,',, - -, .',,,,;,,'. -,
800 ;1uII Tni. 100 ~
IN MANI ,,' 49, -,,n.a ,,ronn.i,io, "" y;
VIII REQUIRE sra. cap , 70 n ri fnGst
~ .hs W ~, ta,;r, ,b.,r IA &c,
E E, II-" -. ~, a., I'<,.,,.s-. -
TT. 'h'n WI. - $500 ~, ..s!.. 80
VINO Wos - - -, y. =, LIZ - -
region w" 80 .oi .n. m" , 80 pJ S .hen
SNn" ~ ISL 80 80. 70, a..
, ,tans On an,,ra1y Th.s. ner r r;,l,.d
themselves , "yrs r.sHeu
lh.vn am ~ .,ar,, ,ha. r.1'.;,.;
.n'I'''~i I" lhe W.,
ih'rr was Ihs VIZ. II"
discoveries H ,n aso
loon .IIn" 'n a. -. 49,
an Iht'r--' "a VII - hau 'oun' Ihe
s'n-t III IN, -, va, o,My
b','-h nt"lsnI d'I'I' uy .'' r,-a.,.
."' ~ 80, ,.,;~;,'- ,.i,aMs
began 10 send their trusted man into the |
district IN make further reporta These |
reports have induced the capitalists 10 |
max. IN. trip themselves. On the register
Of th.. Shuniah Hotel for the last six
months are inscribed names familiar IN
every financial centre.
Heavy interests are now buying 10
claims ore after another. and the tales
told OF the wealth being thus poured into
tn. district are scarcely beli.vabs. but
some II them are true without doubt.
There was A man by the name of Preston
who had "A one-eiShrh interest in one OF
the big properties for the work he had
done IN prospecting It. He cold one half
~ his interss, 10 A capitalist and with
Montreal and invested the money IN
diamonds. Back in camp in his rough
miners Rarb he bedecked himself with
these pret,y stones IL was his delightful
hobby to displav the Jewels 20 eyery ono
he met ard TO hrag about his new found
wealth Il was his pleasure to expose
r.cei tted bills for the money he had
paid for the stones. Alas. these pros