Word: jumbos
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Dates: during 1930-1939
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...payment and bought equipment. Crudely he dug out three sacks of ore, trekked them out by packhorse and sent them to the San Francisco Mint. They were worth $84.45. His ore assayed at the bonanza rate of $1,495 gold and 20 oz. of silver per ton. If the Jumbo vein held out, George Austin was a very rich...
...while he kept the secret in the family. His brother Jesse staked two claims adjoining Jumbo on the north. George's two sons, Kenneth, 24, University of Nevada graduate, and Wilfred, 20, University of Nevada sophomore, staked claims on the remaining sides of Jumbo. The four thereupon signed a 50-year agreement not to sell their claims...
...they dug. Working with a primitive "coffee grinder" mill, they began turning out $500 worth of gold a day, paid off the two prospectors within a year and up to last week had taken $80,000 in gold out of the earth. Last week the dazzling story of the Jumbo strike spread across the country on the authority of no less a mining expert than Herbert Hoover...
...country's only living ex-President and a San Francisco oilman named R. W. Hanna visited Jumbo last fortnight, "purely out of geological curiosity." Much impressed, Mr. Hoover advised Austin to hold on to Jumbo. When Austin offered to pay for this advice, Mr. Hoover told him: "That kind of advice is free." Oilman Hanna, however, bought five claims in the Slumbering Hills around Jumbo...
...Against these fabulous bids were two authentic offers of $250,000 cash. In addition to Mr. Hanna's claims, Nevada's one U. S. Representative James G. Scrugham (pronounced "Screw-gum"), onetime dean of the University of Nevada's Engineering College, was so im-pressed by Jumbo that he had bought an option on a nearby claim and was camping in the neighborhood...