Hal Croves
Silver Member
Here is something I wrote back around 2007:
From: Joe Ribaudo
Date: 7/9/2008 10:37:18 AM
Subject: WELLS FARGO/WALTZ
I, along with many others have done a bit of research into this subject. Here is some of the results that have been found:
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Quote:
"The still existing records of Wells Fargo and the US Mint at Sacramento show that $254,000 in gold was shipped by Walz between 1881-1889. The records cannot be denied."
This is an quote from United States Treasure Atlas, Volume 1, Thomas P. Terry PP 59.
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That statement has made the rounds in Dutch Hunting circles for many years before Thomas Terry came along. It has probably been checked out many more times than it has been quoted in a book.
Your first clue should have been when he said: "The still existing records of Wells Fargo and the Us Mint at Sacramento...." First of all, there has never been a U.S. Mint in Sacramento.....that I know of. Next, is the fact that the records he speaks of for Wells Fargo in San Francisco, don't exist. They were destroyed in the Great San Francisco Fire of 1906.
If Terry had taken the time to check his story......like all of the top LDM researchers have, he would have found the same thing they did. That would be zero, nada, zilch. I would be willing to list the authors who have checked out this same exact story.
In this case, using Terry for a source is a total waste of time.
Many researchers have investigated the story of Waltz's ore shipments. When it comes to the LDM, I doubt each and every writer........all of them.
One of the researchers who looked into this part of the legend, was Glenn Magill. These statements can be found on pages 60 and 61 of "The Killer Mountains":
"More frustrating still were his attempts to track down Waltz's ore shipments. According to legend, Waltz and his partner, Jacob Wiser, had shipped more than a quarter of a million dollars' worth of gold to the San Francisco Mint from various points in Arizona Territory, including Phoenix, Florence, Casa Grande, and Pinal.
An even dozen letters were necessary before Magill learned that the appropriate United States Mint ledgers were now stored in the San Francisco Center of the National Archives.
An equal number were necessary before permission was obtained for a San Francisco friend to search them.
The search netted nothing. Except for the names of a few individual ore buyers and some large mines such as the Silver King, shipments were listed mostly under the names of banks, businesses and stage companies. In Waltz's time, when a man cashed in his gold, the common practice was to sell it to an ore buyer or to a stage line, in this case Wells Fargo.
An inquiry to the History Room of Wells Fargo Bank in San Francisco brought the information that the old stage records no longer existed."........Destroyed by the 1906 fire?
For anyone contemplating a trip to San Francisco, I would suggest that you first read:
"Fools' Gold" by Robert Sikorsky. Page 4 lists "Acknowledgements". On the list is this:
"The Wells Fargo Bank, History Room, San Francisco; University of Heidelberg, Records Division; General Services Administration, National Archives, Federal Records Centers at Denver, San Francisco and Washington, D. C.; United States Mint, Office of the Director, Washington, D. C.; A. L. Flagg Foundation, Phoenix.
While I am not vouching for the veracity of Mr. Sikorsky's "facts", there is no doubt that he at least looked up the locations that would house the records we are discussing and, he states no records were found linking Jacob Waltz to any gold shipments to San Francisco.
On pages 122 and 123, he gives the names of the people he talked to.
That makes two researcher into the legend that, pretty much, come up with the same story. I believe more could be found. Magill was trying to find any evidence that would support the LDM legend. As a Private Detective, I would imagine he did a pretty thorough job of it.
I doubt the truthfulness of Magill and Sikorsky, as well as all of the other books that have been written. You can see that you are in good company here.
The $254,000 ore shipments story has been around a long time. It has been checked out seven ways from Sunday by some of the best LDM researchers in the business. They checked Wells Fargo, the different U.S. Mints and archives and even looked for a U.S. Mint in Sacramento. It has been proven without any basis over and over again.
The last person I asked about it was Dr. Thomas Glover. Same searches, same results. I hold the man's research abilities second to none, and I know some pretty good hands.
I received this, this morning:
Hi, Joe,
Alas, we do not have any records of ore shipments from Arizona. All such remained the property of the shipping office, and have disappeared over the years.
Regards,
Dr. Robert J. Chandler
Senior Research Historian
Historical Services, A0101-106
Wells Fargo Bank
420 Montgomery Street
San Francisco, CA 94163-2921
Dr. Chandler gave me a call today. We probably talked for 20 or 30 minutes. I was like a kid in a candy store. Here was a man who really knew the history of the times and exactly what role Wells Fargo played in that story. I took notes. Came away from that conversation with a bit more knowledge than I started it with. Lucky day for me.
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Just some of the exchanges on this matter. There are even more reasons to support this being a false story.
Joe
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In order for your argument to carry any weight, you will first have to demonstrate that the Mints records were stored off site because, as you must know, the San Francisco Mint was one of the few buildings that survived 1906 fire relatively unscathed.
So, if you have done the research, where exactly were the records kept?
"The explosions of the stones in our walls grew fainter, and finally we heard no more of them. The flames ceased their efforts to find entrance to our stronghold through the windows, but the heat reflected from the mass of red hot ruins to the north of us was almost unbearable: we could not see what the situation was outside, or tell just what other or further experience was in store for us. However, we began to feel that the fight was nearly won and that, after all, we were going to save the building. We were now able to keep the interiors of the rooms which were most threatened wet down by the bucket men, so I sent the men with the hose to extinguish the roof fire, which was quickly done. In a half hour or so our defensive work was over. I now bad time to take some observations, and made a trip over the building for that purpose. I found that the building had not been seriously injured, and that with careful watching and preventing the lodgment of cinders, there would be no further danger of the mint being destroyed. The fight was won. The mint was saved."
Photograph of the San Francisco Mint just after the fire.
http://www.sfmuseum.net/1906.2/ew22.html
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