| Show HOI n XA 0 F griir ri ir r alfr om the of the lie altu A subset iber has left with us IL slip blip I 1 cut from t the london times or the cu lelh 2 h 0 of aa last s t month in ia which an un pleasant reference is ia mado made to tome romo of the operations of henry janin aam in the capacity cipa city of a 06 mining expert mr janin anni n it will bo be borer bartim in is the expert who examined the diamond of colorado and upon whose report e orl stock to the amount of hundreds d ds of thoua andi or of dollars was sold fold I 1 alien the fraud was finally exposed a and ad mr janin had pocketed a handi hand i boado fortune he admitted that the be Il iamond fields fieldi had been 4 tilted salted and it it he had bad been deceived alter after diamond ferring to this affair io in derail of edited ce ceD nure Sur the iho times alludes to ni another fraud practiced upon it a pirty of f london capitalists capita liela through tile lie in in of henry janin of h alq as transaction the times says on the of january last a p prospectus was issued of an tinder undertaking k ro sailed called the iho london and cal mining company w ith th a capital of to purchase gc some bome mines in california for and it wali wa a pitted fisted on the authority of the agents at sao san francisco that the amount at a which the properties were off offered ercil I 1 I 1 could readily be obtained tot for them in 1111 california for investment there upon unon this thin the times remarked a that it 11 strange under well firch circum that the am er acin vendors vendon bould prefer LAI taking the trouble to get aha a in money oney fra gearld nevertheless th w subscribed ab aili 1 f aei the half carlf 0 A 1 n london pa 4 nhat after 4 4 mines ines had bad been purchased on a rapo rt of henry janin who without any doubt or hesitation i held eld out t the prospect ofa of a return aquai equal to 2 or 3 per cent per month on the entire capital and also were reserves immediately available to the 1 amount of announced that advices advises had been received that the principal portion of the property was being worked at a loss losa of 6 sl 1 per ton on that jhb supposed reserves had bad no existence latrace lat oace and that the only question now is whether to abandon ebli en ter prise altogether or search for better ore it may bo be hoped that the litter latter alternative will yet yield some result to the but as far as the original Oti ginal basis of purchase iq i concerned a more hopeless collapse was perhaps never witness vl yet vet all the he parties by whom born tin concern was including some soine larae shareholders in california ca appear to have acted in good ra faith ith during a journey to califor california a said gaid the chairman 1 I became personally acquainted with mr janio janin and I 1 found that no one stood higher in appreciation either cither with wilh regard to his professional reputation or his integrity and apart from mr janina jakins report the directors obtained one from mr ashburner Ashbur oer another 11 eminent engineer who bore a very good reputation an AD c explanation has since been received by abe t the company compan y aroa mr janin ain in W ic to his credit he abstains f irom om any attempt to conceal his 11 u anse be and disappointment ur or to disavow the c he has made liin hid plea pica is ahat on visiting the wine mine bo be 11 obtained frouz from the superintendent tue the results housed ho used indis in liis report an 1 clial not these returns re urns lie did not prospect or assay the quart mr Ash ashburner burDer he adds p 11 having the sawo source cl 0 information came to lo the same conclusion as aa I 1 did and and expressed opinions oquilly favorable so jar air as mr janin is conce tied this matter is rather mildly pu put t by tho the times but it is none tile less irsa severe on that AC account c aunt and the inference is that Nf ellars janin and Asli burner lent leat their As aa in selling a wo mine ui to our ou english cousins I 1 iiii is noticeable that in this transact transaction iou as aa well us as in the colorado diamond swindle ale mr janin wal deceived this is is the old atory the mining history of quo vada bbown that the reports of willing axll expert sarc are not to be relied upon and eliat where here they agrenot are not aherns deceived they are arc very apt for a eon con sidera tiou to deliberately attempt to t deceive others |
