The Sun

ANOTHER GIFT TO THE PRESIDENT.

A Silver Mine Better than Schenck's Little Emma.

From the Georgetown (Colorado) Miner.

When President Grant stopped at Idaho Springs for a few minutes during his recent flying trip to Colorado, a man entered the parlor in some haste, approached the President, and in a few words told him that he had been with him through the Peninsular campaign, and was present at the final consummation of the war; that he had long wanted to pay his humble tribute to the great commander, and begged his acceptance of the enclosed—handing him a sealed package, and then quickly turned away and was lost in the crowd. This package was found to contain a good and sufficient deed conveying to Ulysses S. Grant "one undivided one-half interest in and to" a certain silver-bearing lode situated in the lower end of the county.

At the time of the giving of the deed as mentioned above, the only development on the lode was a shaft at the discovery, some thirty feet deep, which showed some mineral, but very much scattered, but about six weeks since the remaining half owner (whom we shall call Roberts as that is not his name), went down the mountain about three hundred feet from the discovery and started a drift on the lode. He kept very quiet, but worked with a will, and has reaped his reward; for after driving the drift some fifty feet he came upon a body of ore abundant enough and rich enough to turn the brain of the oldest prospector. The bare statement of the wealth disclosed would sound like some story of the "Thousand and One Nights," and would seem incredible to any one unacquainted with the rich mineral deposits sometimes found in this region. Roberts continued to drive the drift, which is now about one hundred feet in length, and nearly under the discovery. The body of ore has, if anything, increased in size, and for fifty feet the pay streak varies from twelve inches to four feet in width. It is mostly gray copper and brittle silver, and is wonderfully rich. "We were told of an assay of one specimen which showed a coin value of $19,250 to the ton. There has been no stopping as yet, but in running the drift Roberts has taken out some eleven tons of first-class ore, which will probably average 1,500 ounces, and which is, we understand, to be shipped to Germany. There is, at the lowest calculation, so we are informed, a quarter of a million dollars in sight, and nobody knows the extent or width of the pocket.

Thus the matter stands. Roberts has said nothing, and has shipped his ore away without disclosing to anybody the richness or the location of the lode. There are probably not five persons who know anything about either. The deed of the President has not yet been put upon record, but he is, of course, informed regarding the value of his Colorado property.