Nat Goodwin's BookGoodwin, Nat. C. (Nathaniel Carll)
General
Nat Goodwin's Book
Goodwin, Nat. C. (Nathaniel Carll)
Actors -- Correspondence
In due time and with no little formality was launched the Nat C.
Goodwin Company, mine operators with headquarters in Reno. Presently
we secured control of a valuable property in the new mining town
Rawhide. The stock was worth most in Rawhide itself. All the mining
experts there knew the property. Thousands of shares were sold to the
inhabitants of the new mining camp who were loudest in their boasts
that we would soon prove that our property was the peer of the great
Goldfield consolidated.
So confident were we that we had a really valuable property that we
determined to go to New York and let the public in on the ground
floor. With no difficulty at all we listed our stock on the New York
Curb and with no manipulation that stock soared from 25 cents to $1.50
per share, almost over night. All we had to do with it was publishing
the mining experts' reports.
The gentlemen who call themselves brokers on the Curb banded themselves
together and conspired to work our ruin. In the end they succeeded.
But before they did we managed to mount fairly high in the business;
our legitimate methods and the unflagging industry of my partners
resulting in nine months in our acquiring the controlling interest in
Rawhide Coalition, owning outright another property in Rawhide, one
in Bovard, one in Fairview, one in Goldfield and the Ely Central. The
purchase price of Rawhide Coalition was $700,000 and of Ely Central,
$1,075,000. We had fine offices in New York in which we employed one
hundred and twenty-five stenographers! There we edited and published a
weekly newspaper, not to mention a daily and weekly market letter. Each
had a circulation of 60,000 copies weekly.
This was the time that the big promoters of Wall Street decided we had
been prosperous long enough. They "raided" our stocks--an interesting
process for which there is not room here. Their raids were followed by
the publication in two of the daily newspapers of the fact that one of
my partners had a Past. It was a youthful past--the event happened back
in 1894, just sixteen years before--but they dug it up to bludgeon the
market with.
What of it? In Nevada it's what a man is--not what he was--that counts.
They said our "mines" and "prospects" were fakes, my partners impostors
and I a willing tool. A burly police captain came to my apartments and
threatened me with all sorts of punishments unless I agreed to pay
for "protection." I was fearfully upset and insisted that my attorney
examine the books of the company to assure me that everything was being
conducted honestly. I knew the properties in Nevada were all we claimed
for them. I had spent months there and had panned gold on every yard of
these properties. My attorney made a rigid examination of the books and
assured me that everything was strictly legitimate.
Public-domain text, read in full here on John Shaqi.
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