| Show what samuel newhouse is doing in atah what samuel newhouse is doing in utah at the present time eclipses anything ever before undertaken in the mining line by a single individual in this state at bingham in the boston consolidated he has a gigantic proposition that is now fairly well established but it is at his cactus mine near the mouth of copper gulch in beaver county that he is laying the foundations for a mining enterprise so mammoth in its proportions that when under way it will give such prominence to mining affairs in southern utah that people throughout the mining and financial world will wonder er that such great areas of mineral wealth should have remained so long dormant and neg ejected the times of milford in commenting on f the cactus enterprise and its promoter says it is exceedingly fortunate for beaver county that extensive operations should be inaugurated by the newhouse com company P any just at the critical time when this section was suffering from a depression caused by a temporary collapse of other mining projects to construct the railroad extension erect the big mill build up a whole town and bring the mine to a productive stage and accomplish all of this work within a few months will require the employment of many men and the consumption of great quantities of supplies and certainly put much money in circulation it would be a good thing for the county at any time but just at this period it takes the form of a double blessing mr newhouse is carrying through the greatest industrial undertaking that the southern half of the state has ever seen one of the greatest indeed that has ever been taken up in any western state the magnitude of a largel large enterprise can be grasped by the people only up to a certain point when it passes that point it passes public comprehension and it does not mat ter how far it may exceed this scale of magnitude so far as a general realization of its bigness is concerned hence no one can realize the size of the newhouse project nor can any one realize the size of the fortune that it promises to produce we simply understand that it is an enormous undertaking der taking and become bewildered when we contemplate the figures although the newhouse mine is developed for only feet along the strike of the vein the lowest estimate on the value 0 of the ore in sight is forty million dollars and the profit on oil the handling of this ore at over thirty millions mr newhouse has expended approximately on a water system A hundred thousand will be spent for a railroad extension the first unit of this mill will handle tons of ore daily and more units will be added until a capacity of tons is reached A tunnel tunnel over a mile long ead ip ed with electric cars will give the ores an outlet the mine will duport a community of 1500 to 2000 people and for their comfort mr newhouse will build a complete town with electric lights water system brick houses of modern design theater hotel school house and in brief every metropolitan comfort and luxury will be provided the town will be laid out and its landscape and architectural features planned along lines of modern municipal art all of this great work has been planned and is being executed by one man depending solely upon his bis own resources such financial aid as he has received has NO jr X I 1 t M FM F w SAMUEL NEWHOUSE come to him without solicitation and it is under understood that he has been obliged to reject overtures from capitalists who desired to operate cooperate co with him he will expend over a million dollars in cash before a dollar is returned to him the newhouse mine will be a standing stand n 9 advertisement of beaver countes coun tys wealth that all the world will read |
