Full resolution (JPEG) - On this page / på denna sida - XXVIII. Home from India—A Friendly Reception—Journey to New Mexico—The Maxwell Land Grant Company—Renewed Visits to England and Holland—Re-elected Secretary of State—Visit of the Swedish Officers in Minneapolis and St. Paul—Two Hundred and Fiftieth Anniversary of the Landing of the First Swedes in Delaware
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IS 288.2
Story of an Emigrant.
importance in the history of the cities of Minneapolis and St.
Paul. The population had nearly trebled during that time,
and such improvements had been made that I could hardly
recognize them.
A week after mv return my friends from Holland arrived,
and we proceeded to New Mexico, where we found the great
Maxwell estate, valued at ten million dollars, and containing
one and a half million acres of land, consisting of coal fields,
gold mines, timber and grazing lands, in a deplorable
condition caused by extravagance and mismanagement. We found
that there was nearly a million dollars of current debts,
while the income was not sufficient to buy postage stamps to
carry on the necessary business correspondence.
An agreement was finally effected whereby the former
president and American manager relinquished his interest and
resigned his position; the Holland directors determined to
raise the necessary funds in Europe, and I agreed to
undertake the liquidation of the affairs of the company.
Shortly after I repaired to Washington to report my
inspection tour in India, and tender my resignation, which was
accepted, an unusual courtesy being shown me by
extending my leave of absence to January the next year. The
following two years were devoted principally to business
journeys to New Mexico. England and Holland. I visited
the latter countries four times during that period. With the
powerful aid of Baron Kebeque, who had spent several
months with me in this country in the summer and fall of
1S8.’5, a syndicate, backed by several million dollars, was at
last formed in Holland, and the whole estate was turned
over to it. Having accomplished this, I voluntarilv
withdrew from the concern, and returned to my own farm and
home in Minnesota.
The Maxwell estate is situated within the Rockv
mountain region, on an elevation of from six thousand to twelve
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