Click image to open full size in new tab
Article Text
esting a trio of the leading capitalists in his Nevada of the city State expert group of claims at National, and an 1 will be at once sent out to report on the property. If favorable, ample P capital will be fortheoming to develop the claims. $ a Mr. McLaughlin reports that moneymen at Kansas City and other y in that vicinity are in National and that 1 terested ed towns deeply he number might inhave disposed of almost any of claims had he had them for sale. , y e ments he realized around $100,000. At this juncture, Goldfield was dis0 covered. George Wingfield became aswith Mr. Nixon, and their y during the the great gold camp are of sociated operations spectacular familiar days Nevada When the e was made on the the of strike history. Mohawk one-half first big owned more than ) the stock and also were the , factors in various companies partners avoid controlling owning litiga ground. To Goldfield all was organized to contiguous company tion, the Consolidated absorb judgment Mines these properties, and the e used in bringing about this incorporation is now demonstrated as it elimie nated vexations and expensive litiga- retion that otherwise would have tarded the camp. With Goldfield Consolidated successfully launched, and the Mohawk provitself the greatest gold mine in the the dream of the was but a matter of a world, clerk ing full Reno few realiza- bank business details to come into tion; and what as a boy he toyed with as a sort of forbidden hope was now a of a day's work. He pressed one day and existence the Nixon into but the button part there National came bank of Reno, which has a capital, of paid up, of $1,000,000, and a surplus $300,000. I was a bank clerk here, it ambition some day to a When my stand have was here in Reno that would as to my banking Senator Nixon a Thus bank monument spoke flash the ideals. carried other as a reminiscent not to idler days than that he day, realizing him back perhaps character, had these, opened recess in his ex1 the golden key to posing a secret all his successes and triumphs. ladder had been topped. The i in the clouds, the 1 of had become architecture The his youth, brick dream heavy and mortar and tiled floors and vaults and busy clerks. But there are 1 other dreams, when one dream comes r true. Some two years ago, because of a 1 to be relieved of many vexae and but he all of his mining e sold tious desire exacting responsibilities, interests; and judgof his courage 8 and energy will never e the mining scenes of a ment the from impress the be effaced camps days Nevada. In the early he founded banks and in the middle of hearts of there southern the the erected desert confidence in the r 0 argonauts who up buildings that of the inspired made operations population. His banking until K extended up and down the state decombined institutions carried a posits his aggregating aroun? $10,000,000. The Panic of 1907. e e While the prosperity in Nevada was the thus at flood tide, the panie of ; of 1907 began toppling r financial o and preparing to , its hardest blow. Nevada k autumn strongest came, country Nevada many institutions banks thousands deliver The went of crash three upon the the of to smash, people impoverishing independent that who were Nixon before. It is known stayed the in Nevada by 8 and of months that Wingfield panic million devastation the per- dolsonal sacrifice of over one situar lars. They prevented a ruinous catasa tion from becoming an absolute 8 trophe. Their chain of banks reached from from t Reno to Bullfrog. Borrowers t institutions were in posithat they could not pay € these tion sacrifice, such their they Without immense as e not realize on assets, e The partners met is security. loans. could of pledged the personal situamarketing millions I, at 50 cents on to il the loss of a single at securities tion avoiding by borrowers te dollar dollar, and giving the is time to d storm. One of the t. depositors, financial their institutions weather greatest intogto Nixon's honor and and a mark of the vire in his possession of e tributes rity, ple have faith these that the the peowas shown by the fact n tues First National Bank of Winnemueca, t looked upon almost as his personal town y, property by the people of the affected e and county, was in no way financial a the waves of distrust and country fright by that swept over the 1, with this panie. d Six years ago he was elected to the be le 1 United States Senate, two years wold fore Fortune came his way at of a d. field. It cannot be lightly charged that an man who values so highly e. 8 guards a so sacredly the confidence clients d neighbors and business the Will in his less zealous in protecting in be of his state as the representa- the n terests live O. the people in the senate of United States. nHis record as a youth, a man, now a statesman and a state builder is berore the people.
