The Great Diamond Hoax and Other Stirring Incidents in the Life of Asbury Harpending


Book Description

Harpending's reminiscences of financial wheeling and dealing in Arizona and California in the second half of the 19th century. Harpending had interests almost everywhere: railroads, land, high finance and, of course, mining. The great Arizona diamond mine hoax of the title is a fascinating episode from California history, which fooled most everybody involved. It was a famous diamond hoax and swindle that netted the principals over $500,000 in the early 1870s, which the author exposed.




The Great Diamond Hoax


Book Description




The Great Diamond Hoax and Other Stirring Incidents in the Life of Asbury Harpending


Book Description

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1913 edition. Excerpt: ... CHAPTER XIX. Two Men Block Plan To Run New Montgomery Street To The Bay; One Asks Coin, Other PreFers Fight. Promoters Appeal to Legislature and Do Not Neglect Precaution of First "Seeing" Vote Brokers. When Ralston and I opened New Montgomery street we never doubted that its manifest importance would compel an immediate and voluntary extension to the natural terminus of the water-front and prove the logical outlet for congested trade. That this would have been the case had the majority of property owners been able to follow our example, I have no reasonable doubt. But just as in the case of "Montgomery Street Straight," special interests and selfish considerations stood in the way. Less than half a dozen property owners, to their irreparable disadvantage, blocked "Montgomery Straight"--a project that would have changed the whole course of the city's progress and development. Just two property owners prevented the immediate extension of New Montgomery street to the bay, and again the failure was the city's heavy loss. These two men were Milton S. Latham and John Parrott. Latham owned a stately home and large grounds on Folsom street, directly in the line of the new thoroughfare. It was a matter of no small personal pride, and doubtless he was attached to the locality. He asked such a fabulous price for the right-of-way, which of course would have destroyed the home value of the property, that even Ralston and myself, who were accustomed to brush any minor obstacles out of our way without counting costs, stood aghast. John Parrott, on the other hand, wouldn't trade at all. His business hours were then strictly limited from 9 to half-past 10, and every time we managed to secure an interview, all the satisfaction we could get out of him was...




The Great Diamond Hoax


Book Description

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The Great Diamond Hoax and Other Stirring Incidents in the Life of Asbury Harpending - Scholar's Choice Edition


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The Great Diamond Hoax and Other Stirring Incidents


Book Description

Excerpt from The Great Diamond Hoax and Other Stirring Incidents: In the Life of Asbury Harpending On my return to California, after an absence of many years, my attention was called, for the first time, to the fact that my name had been associated unpleasantly with the great diamond fraud that startled the financial world nearly half a century ago. Plain duty to my family name and reputation compelled me to tell the whole story of that strange incident so far as my knowl edge of it extends. I sincerely trust that a candid read ing of these pages will satisfy the public that I was only a dupe, along with some of the most distinguished financiers of the last generation. Concerning two of the historians who maligned me, I am without redress. They are dead. The latest author, Mr. John P. Young, repeated the accusation of his predecessors in his his tory of San Francisco. This gentleman has admitted that he merely copied the story of the earlier works, having no personal knowledge of events at that period, and has handsomely admitted, over his signature, that he unconsciously did me an injustice. To the diamond story I have added, at the request of friends, some of my experiences and reminiscences of California of the early days. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.













The Great Diamond Hoax


Book Description

The fantastic story of this ambitious scheme which defrauded many of the country's financial and commercial leaders of the time. Harpending was accused by many of masterminding the scheme. This book is his defense. His version is generally accepted to be truthful, but the great "Diamond Mine Swindle' continues to be a mystery to historians. The 'other stirring events' contain a lot of Western material. Harpending connived to switch California and Nevada (with their rich gold and silver mines) to the side of the Confederacy during the Civil War. Harpending claims to tell the "whole truth" about his part in a diamond swindle as well as other questionable doings in early California. One of the West's more notable entrepreneurial rogues, Harpending conceived and executed his notorious scheme during the early 1870's, selling shares in a "salted" diamond mine in a cleverly conceived pyramid operation which netted his original sponsors $600,000 on an initial investment of only $35,000 while duping scores of other fortune seekers.