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Show Ilf HALIFAX WILL BE I THE LEADING MINE lb: Is ft 1 Senator Kearns Makes Gener- 11 1 ous Offer in Regard to the Vjj . Smith Interests. Bjljj PLEASED WITH MINE 0 ' Ii I Recent Developments Have rf g Been More Than Satisfy- ing to the Owners. I M , "l stand ready io reimburse Frank M. , Smith, who spent $192,000 in sinking the V J; ! Halifax shaft and pay him a bonus of j ' .' $500,000 to get hlB share back, and I I am not afraid to have this statement f , repeated as strong aB you can make it, ' J if ; and as often as you choose to ropeat it. H I have a little money to spare, and I H think I could produce f 750,000 the mo- ju i . ment any man can show me the stock I Vy cold in Halifax." i $ This was tho assertion of Senator It l. Thomas Kearns of Salt Lake, one of the fi ( ' . best known mining millionaires In the ! ; west, last night as he stood In the lobby Y'' of the Mlzpah hotel discussing his aftcr- ' i noon examination of the Halifax mine. Hi 1 S The senator would not venture any h,l( statement of tho physical conditions Ml' ", which he said were open to the world lV.""f and subject to the examination of any I ' 5 man doubtcd 'he correctness of any 't' statement Issued by the company. II 'f No Stock to Sell. , ( "I have not a share of stock for sale i . ll and am not Interested In the publicity f" , which would gjve the Impression that I J if was trying to boost a property in which, IJ ; Di as everybody knows, I am one of the Jii jj; largest stockholders," tho senator con- P' f, tlnued. "Select a man of your own 1 1 choice and he can go down and spend as t ! j much time as ho wants to spend. Ho can i have access to the assay sheets and all J the information at the disposal of the v . company to help him make a report to J. the Bonanza. If there Is anything else 51 I can do just say the word and I will I;j 'J- try to comply with the request." I ' Senator Kearns was In a serious mood ( . t as he spoke, but no amount of (jucstlon- I ' j Ing could dissuade him from his original hf purpose to let the mine speak for Itself. I , i He was not boastful he never Is, In bus- J 1 iness matters and his businesslike nlr 6, l impressed his hearers with the fact that f, J. he knew more about the resources of the I i Halifax than he would allow to escape. Ii ' , . Before leaving for Mason Valley this 1 1 ii ; morning the senator was pressed for a I i further statement, but he adhered stead- I. fastly to his first resolution until an old fc business associate broke in with the pointed Inquiry: I'i As to Dividends. 5h.r' , "When (h the Halifax going to enter ;''M the dividend class?" :T : "That remains to be seen," parried the II I senator, "but I will say that one year V J 1 from now the Halifax will be the biggest ii and best mine in Tonopah that's all." . V Here the man from Utah relapsed Into ' V enigmatic silence, j A moment later he was whirled away to ' the depot to catch the train and the In- . 1" tervlew ended. j i , August 2t5. 1913, should be marked up . as a red letter day In the history of j , f i Tonopah. Under the impenetrable mask ji j ' '. of business Interests two eloquent chap- j ters were written Into tho pages of the I ilj camp. The president of the Southern i J,' Pacific was not here for a picnic. Neither i p' was Senator Kearns. Later disclosures K Jr, may prove that the meeting In Tonopah pVj 1 was not accidental Roth events were j j ' fraught with good omens. But, as Kip- ling was fond of saying, "That's another story." One of the most important clemonts entering en-tering Into the visit of Senator Kearns and tho coming of B. F. Edwards, Borax Smith's confidential man and adviser, was the consideration of plana for the development of tho Halifax on a scale In keeping with the expressed thoughts of Senator Kearns, that the "Halifax will be the blggefet and best mine In Tonopah." Tono-pah." Mill Is Planned. It Is a foregone conclusion that these plans Imply construction of a mill of sufficient, size to handle tho tonnage of the Halifax either with or without the West End. Tho mill site has already boon tentatively selected In the east end of tho district, where ample water Is assured as-sured and Is cloao to the collar of the shaft. However, this Is a problem that will unfold with other developments. Assays takon yesterday from across the forty-foot ledge gave an average of $15.50. Out of eleven assays tho lowest" returned JS.60 and tho highest,, a picked samplo from the cast drift on the hanging hang-ing wall, S364.85. This morning In the east crosscut of the Halifax on the 1400-foot level a flow of water about twice as large as that already struck was encountered. This flow was struck In the contact between the trachyto and the quartz stringers which are being followed In this crosscut. cross-cut. The flow now Is In tho neighborhood of 1,000,000 gallons every twenty-four hours and the water has a temperature of about 130 degrees, as It Issues from tho face of the crosscut. Tonopah Bonanza. |
