Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1921-06-04
He's in the Honey

The Comeback" OF the most spec.
acular and romantic figure in the his
tories of, California and Nevada
Borax" Smith, once deposcd and now
It seventy-two the potential dominat-
ng factor and practically autocrH of
he borax industry is astounding Wall
Street as we'll as the financial strong
holds of the Pacific Coast.
Less than six months ago Francis
Marion "Borax" Smith was broke"
all that term implies.
To-day the completion OF a syn
al interests in New York marks
nal interests in New York marks
| smiths return to his own.
This astounding reversal of his for
unes follows his purchase of a great
lew vein of high grade colemanite in
Clark County, Nevada, but eighteen
niles from the Los Angeles and Salt
/ AXE Railroad.
Engineers of the New York syndi-
| ate estimate 100000 tons OF the borax
IRE in sight
Situated near Las Vegas, Nevada,
he new deposit is more favorably To-
ated and easier to work than any
ther vein in the country. Colemanite
the raw material from which all bor-
made in the' United States is pro-
uced The go Mule Team" which
established Smiths first fame by haul
ig borax out of the almost inaccess-
,le and inhospitablc Death Valley ov-
80 years ago will be Abandoned for
less romantic but more efficient auto
-uck fleet which will be operated over
new highway now being constructed
ON the deposit to the railroad.
Here it will be trans-s.ipped to
earles Lake California, where
mith's company, the West End Chem
al, has re6neries. Borax production
i'll begin this summer, according to
,e engineers, from the ore vein in
ght. This is from ten to twenty feet
n width and is exposed for over 5000
Get
"Borax" Smith was the real creator
t the huge borax industry in the
'nited States In the seventies, when
was made from salt-crust which
hinese gathered on the dry lakes OF
.e California and Nevada deserts, +.
[. Smith (not yet Borax' SMITH
isioned the wonderful future POSSIBLE
les OF the infant industry.
Step by step led the business through
he vcissitudes which followed the ex-
austion and abandonment of the dry
| Ike fields, through the chemical
oneering and expansion of borax
manufacture from the mineral cole
anite, until in 1910 practically the
ntire worlds business of borax was
nder his absolute control.
From an output OF few hundred
ounds its uses confined to medicine
nd jewelry hux, or solder, i'll 1870,
NTH carried it to an output of 20, 600
ons in 1914, indispensable over prac-
cally the entire range 81 modern in
| ustry from the manufacture of bath
ubs to the production of playing
| cards.
In 1914, at the age of &C, Smith fail
d for many millions losing his con-
rol of the borax industry to his Lon
| on associates through an i'll starred
| tempt to create Oakland, California.
he Pacific Coast metropolis. His
allure was one of finance only, for the
,aue of "Borax" Smith will always be
ANONYMOUS with Oakland in the his
ory of that city.
Practically impoverished at an age
when the majority of men have retir-
d from active business, Smith began
! he reconstruction OF his fortunes with
| , lease from the Government for por
ion of the torax, potash and soda de-
posts at Searies Lake.
To this leasehold he now adds,at u,
the ownership of the greatest borax
ore vein in the world backed by unlim-
tied capital.
"Borax" Smith is again the "Borax
King"