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Foreign News July 24, 1867

Raftsman's Journal

Clearfield, Clearfield County, Pennsylvania

What is this article about?

Gold mines in Hastings County, Canada West, are yielding large quantities of rich gold. Chicago purchasers faced armed opposition from locals but formed a joint stock company with controlling interest after compromise.

Clipping

OCR Quality

98% Excellent

Full Text

The Madoc gold mines, located in Hastings county, Canada west, are yielding large quantities of the precious metal. The property was used for farming purposes up till the beginning of last year, when the presence of the metal becoming known a party of shrewd Chicago gentlemen became purchasers of the tract. The Canadians learning the immense value of the mines, endeavored by an armed mob to drive the Chicago "yankees" out of their possession, and as the claim of the latter was not indisputable, owing to the existence of the premises previous to sale, a compromise was effected by forming a joint stock company to work the mines, the Chicagoans retaining a controlling interest. The gold is the richest ever discovered and exists in incredible quantities.

What sub-type of article is it?

Economic Colonial Affairs

What keywords are associated?

Madoc Gold Mines Hastings County Canada West Chicago Purchasers Armed Mob Joint Stock Company

Where did it happen?

Hastings County, Canada West

Foreign News Details

Primary Location

Hastings County, Canada West

Event Date

Beginning Of Last Year

Outcome

compromise was effected by forming a joint stock company to work the mines, the chicagoans retaining a controlling interest

Event Details

The Madoc gold mines are yielding large quantities of the precious metal. The property was used for farming up till the beginning of last year, when the presence of the metal becoming known a party of shrewd Chicago gentlemen became purchasers. The Canadians endeavored by an armed mob to drive the Chicago yankees out, and as the claim was not indisputable, a compromise was formed. The gold is the richest ever discovered and exists in incredible quantities.

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