White Pine news. [volume] (East Ely, Nev.) 1920-1923, 1923-07-29

1t can be had at about . cents Il
share" explained Mr.. Knapp.
Sold" said Arkell, never asking
how many shares, whether a million
or ten million, and the deal really
went through.
AS it afterward proved Arkeli was
broke at the time and not having the
price of a meal had not eaten yet that
day, but inside of two weeks he had
put that stock up to 27 cents a share
and is said to have cleaned up $40
900 in cash.
Arkell and Rice fell out and Rice
went to Goldfeld, where he took
charge of the publicity department of
the Mims-Sutro Company and in q
few days had a string of stenogra-
piers and typists sending out litera-
ture by the carload. He had every
printing press in both Goldfield and
Tonopah running three shifts and
swamped with work-this is no ex-
a%ggeration but the literal truth-and
soon swamped the big plant of the
Nevada Press at Carson in the same
manner.
When they came there neither Rice
norArkell knew as much about mines
and mining slang as a bartender o n
the Bowery, but they soon acquired
the lingo and got by with it.
Rice was some writer. Colonel
George Minis, a brother of E. L.Mims,
the latter one of the firm, said after
ward that Rice could write q pros
pectus that would make a mar buy
his own stock.
Inside of six weeks Rice made
100000 out OF Bullfrog stocks,
which he got for publicity writing,
and in less than that many days
gambled it away. He must have
made and lost half a dozen such sums
in the time he was in Nevada.
He formed various companies for
promotion purposes, n being the
L. M. Sullivan Trust Company, III.
other the Nat C. Goodwin Company,
pulling a good actor off the stage
and almost to his ruin, staged Tie
Rawhidc boom and put an Ely cop.
per wildcat stock up to 81 a share.
After all this had happened and
he needed money, probably to pay
his way out of New York, he wrote
a story entitled MY Adventures
With Your Money" publishing it in
the Adventure Magazine, then just
starting.
He related hat Arkell and he had
left San Francisco with 5000 look.
ing for mines. At Tonopah the Mer-
chants hotel was crowded and they
were given 4 bed in the annex, which
was a 'dobe, so cold that they had to
get out in the night and hunt a stove.
They saw a light across the desert
and entering the place had an intro
duction to n modern mining camp
gambling hall, where they left their
5000 and hadn't the price of break
fast. | was much obliged to Rice
for leaving me out of the story, for
he could have ridiculed me with the
others, but he told about Arkell's
big talks about wanting to buy
mines, and everywhere he would keep
nudging the publisher of Judge and
Frank Leslie's, asking him:
when do we eat?"
"Oh, leave that to me-" hrkell
would tell him.
AT last someone sent them to the
offices of the late Malcolm Macdon-
aid. who had mines for sale. They
introduced themselves to Mr.. Mac
donald and his extensive retinue,
among whom was r. p. Dunlap. Rice
continued to nudge the millionaire
publisher and ask when they would
eat. At last Arkell commenced be-
rating the restaurants of the town,
saying they could not get a decent
meal anywhere. They were a scan
dial, as he described them. He wished
he could be told OF a decent place
to eat.
Now, gentlemen, if you will al
low me- said Dick Dunlap. II will
take you to a place-it's a restau-
rant, but l will introduce you to the
chef, and"
Dick took them to the Palace res
taurant, called out the man in white
with high-puffed cap. introduced
them with ceremony and left them
in his care and keeping, saying:
"On my account, Mister Chef"
Anyhow, the millionaires filed up.
That was once, but it could not be
worked twice--not in exactly the
same way.
1t was a day or two before Macdon-
aid could get away to show them the
Simmerone fraction at Goldfeld,
where nuggets were so plentiful that
the stock had gone up to So a share
and. it became necessary to enclose
the fraction with a fence sixteen feet
high. Rice kept kicking about eat
ing again and asking Arkell who wa1
going to pay Cor the use of the auto
mobile--they being new then and
about q nm q shot Co.. or-, Ltd e =.