The great diamond hoax : $b and other stirring incidents in the life of Asbury HarpendingHarpending, Asbury
History
The great diamond hoax : $b and other stirring incidents in the life of Asbury Harpending
Harpending, Asbury
Brannan, Sam, 1819-1889; California -- History; Latter Day Saint churches -- California; Mines and mineral resources -- California
Such was the lineup. The biggest men of San Francisco were solidly
behind the enterprise. Two distinguished citizens of New York
represented the company as resident directors there, and in the Old
World the famous house of Rothschild became the company’s agents. The
interest of Slack and Arnold was wiped out finally by a cash payment
of $300,000, which was turned over to Arnold personally, he having a
properly executed power of attorney to act for Slack. Thus, the decks
were cleared.
CHAPTER XXX.
“OLD MINER” DRAWS ON HIS IMAGINATION AND TELLS WILD TALE OF
SINGLE GEM AS BIG AS A PIGEON’S EGG.
_Winter Causes Lull, But Cold Fails to Chill the Ardor of Men
Counting on Millions in Spring._
On July 30, 1872, the articles of incorporation of the San Francisco
and New York Mining and Commercial Company were formally filed and the
report of Expert Janin was made public. As yet, however, the exact
location of the diamond fields was undisclosed, because the company’s
rights to the great territories claimed were not completed, although a
recent act of Congress changing the mining laws gave ample opportunity.
The wildest tales concerning the new discoveries were at once turned
loose. An article in the New York Sun, signed “Old Miner,” located
the exact position of the fields somewhere in Southeastern Arizona, a
guess that happened to be out of the way by some seven or eight hundred
miles. The “Old Miner” further stated that the company had in its
possession a single gem larger than a pigeon’s egg, of matchless purity
of color, worth at a low estimate $500,000. You may be sure that this
started a good-sized stampede for Arizona.
The directors had several meetings and decided to proceed with extreme
circumspection. For one thing, they sent a large consignment of
diamonds to the House of Rothschild in London for examination and
sale. At the same time a party of fifteen, including miners, surveyors
and others interested, were dispatched to the diamond fields for
the purpose of exploring, surveying and securing our rights. In the
meantime not a share of stock was placed on the market, although the
excitement was intense.
I append an extract from a morning paper of the day following the
incorporation and making public Janin’s radiant report:
(Alta, Aug. 1, 1872.)--“American Diamond Fields. One Thousand Diamonds
Now in This City. Also Four Pounds of Rubies and Large Sapphires.
Public-domain text, read in full here on John Shaqi.
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