When I reached Salt Lake City after examining the Emma mine, I found awaiting me a telegram from Mr. Ralston to the effect that the president of the Bank of England, a Mr. Green, then traveling in the Far West, would be in Cheyenne on a certain day. He asked me to meet the gentleman, and in his name, as president of the Bank of California, extend to the visiting banker any courtesies that his time and inclination might permit. So I journeyed to Cheyenne in quest of Mr. Green. I stopped at the principal hotel and one of the first persons my eyes rested on was about the most impressive looking man I ever saw. He must have been six feet six in his stocking feet; he was richly caparisoned, handsome, debonair, evidently a Briton and looked like the president of the Bank of England and the Prince of Wales rolled into one. I took a chance, approached the stranger and asked him if he were Mr. Green, president of the Bank of England. The gentleman laughed and said I had made a close guess, but had missed the mark a trifle. He introduced himself as Mr. Morgan, an Englishman of leisure, making a sight-seeing tour of the Far West. Later I discovered that Mr. Green had passed on without stopping and was then well along on his journey east. One of my objects, besides inspecting the Emma mine, was to examine a property I had acquired in New Mexico near the headwaters of the Gila river. I had made an investment on the strength of huge outcroppings of mineralized ledges that gave indications of a great mining property. But besides that there was a large valley, covered waist deep with grass, interspersed with black walnuts into which luxuriant wild hops twined, and traversed by a fine stream of water. In addition to the mining claims, I had secured the water rights and taken the preliminary steps to acquire a vast acreage of fertile land. Development work had been going on for some time and I was anxious to see for myself just how the property was showing up. I had several chats with Mr. Morgan after our first odd meeting, and learning of my projected trip to New Mexico he asked and readily received my consent to go along. Arrived at our destination, Mr. Morgan at once became infatuated with the country--ledges, land, water and all. Some of the prospect work showed ore of high values. The Englishman took many samples and had them tested by my assayer. My impression is that, like every beginner in the mining business, he always chose the best. Finally, he made me a business proposition. He said he had important financial connections in England, that a great diversified property like this could be floated for an immense sum--named $3,000,000 as a fair estimate, and offered to form a company on an equitable basis to finance and develop its resources.