Charles E. Herron, a Nome mining man, who has just returned from the new gold fields, is authority for the statement that Heinze is "inside the big money." He has bought the Foster group of claims, adjoining the celebrated Dome mine, from which it is estimated that $25,000,000 will be gleaned this year and for the development of which a railroad is now under construction. The Porcupine gold field, according to Herron, is one of the wonders of the age. One prospector has stripped the vein for a distance of fifty feet and polished it in places, so that gold is visible all along. His trench is three feet deep and he asks $200,000 cash for it as it stands. A party of Alaskans offered the owner of this claim $50,000 a shot for all the ore that could be blown out with two sticks of dynamite, but he refused. Press-work like the foregoing is more than likely to separate the public wrongfully from its money. The item serves as an excellent example of one of "the impalpable and cunningly devised tricks that fool the wisest and which landed you" that I promised, at the beginning of "My Adventures with Your Money," to lay bare. I said in my foreword: Are you aware that in catering to your instinct to gamble, methods to get you to part with your money are so artfully and deftly applied by the highest powers that they deceive you completely? Could you imagine it to be a fact that in nearly all cases where you find you are ready to embark on a given speculation, ways and means that are almost scientific in their insidiousness have been used upon you? The New York _Sun_ article says it is estimated that $25,000,000 will be gleaned this year from the Dome mine in Porcupine. The truth is, no engineer has ever appraised the ore in sight in the entire mine, according to any statements yet issued, at anything like half of that amount gross, and the mine itself can not possibly produce so much as $100,000 this year. A mill of 240 tons per diem capacity has been ordered by the management and it is expected will be in operation by October first, but no sooner.[2] The ore, according to H. P. Davis's _Porcupine Hand Book_, an accepted authority, "has been stated to average from $10 to $12 a ton." The lowest estimated cost of mining and milling is $6. A fair estimate of profits would, therefore, be $5 per ton, not allowing for any expenses of mine-exploration in other directions on the property or other incidental outlay, which will undoubtedly amount to $1 per ton on the production. The production of 240 tons of ore per day at $4 per ton net profit would mean net returns of $28,800 per month. If the mill runs throughout October, November and December of this the company will "glean" $86,400 during 1911, and not $25,000,000, as the New York _Sun_ article suggests.[3] [2] The fire of July will delay installation until a later date.