The story of a rich strike spreads very rapidly in a mining region; within three months after the explosion of that wild-flung dynamite all the Rocky Mountain country was agog with marvelous tales of Douglass's luck and a great rush of prospectors was made to the new Eldorado. At the time of the discovery of the quartz ledge, at Douglass's suggestion, Brevoort, Carter and McVey had conjointly located three extension claims on the vein, and the two women, Grace and Constance, had also located two claims in their joint names. The assessment work legally required to hold these claims had all been done and the necessary excavations had shown all the five extensions to contain values. The additional work required to make the holdings patentable was rushed to completion, and before the inrush of the prospective Midases had fairly begun, the titles had been made incontestibly secure.

In the parlance of the camps Douglass's original discoveries "paid from grass-roots down" and his exploitation work was all in high grade ore. With the proceeds derived from its sale he installed a diamond drilling plant with which he thoroughly prospected the formation within his boundary lines with the result of indisputably establishing the continuity of the rich deposits. So extensive and valuable did these prove that he was fairly inundated with offers of purchase from the shrewd representatives of various syndicates, the figures rising with each successive bid as the vein was definitely proved. But the offers as yet were scarcely half the amount which Douglass had sturdily demanded for his holdings, although at his advice the two women and Red McVey sold out their interests to a syndicate headed and promoted by Anselm Brevoort. His good judgment was fully vindicated later, when, after extensive exploitation the consolidated five extension claims barely yielded ore enough to pay the purchase price, the real ore chimney being confined inside Douglass's property. And as the three lucky venders received in the neighborhood of one hundred thousand dollars each, with only a nominal outlay for assessment work and patenting, the transaction was very satisfactory to them.

The Song of the Wolf — Part 158

Before sailing for Europe, Grace had at her brother's suggestion given Douglass power of attorney for the handling of her interests, and he had duly deposited her share of the proceeds to her credit in Denver's best bank, notifying her brother of the disposition of the fund and suggesting that it be retained there until her return, when it could be presented as an agreeable surprise. Constance's share simply swelled an already very respectable private banking account, and Red McVey had very wisely taken Douglass's earnest advice and Invested his entire fortune in Denver Tramway stock, eventually buying with the resultant dividends a splendid ranch. But that is another story.

The Song of the Wolf — Part 158