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Rh Field," not more than forty feet square. And the next day he had turned up, a foot under the surface, a nugget of pure gold, the tenth biggest nugget in the world, the "Paradise nugget," weighing 980 ounces and worth £5,000.

That, related the Courier, had been the beginning. Spoelmann's father had emigrated to South America with the proceeds of his find, to Bolivia, and as gold-washer, amalgam-millowner, and mine-owner had continued to extract the yellow metal direct from the rivers and the womb of the mountains. Then and there Spoelmann senior had married—and the Courier went so far as to hint in this connexion that he had done so defiantly and without regard to the prejudices generally felt in those parts. However, he had doubled his capital and succeeded in investing his money most profitably.

He had moved on northwards to Philadelphia, Pa. That was in the fifties, the time of a great boom in railway construction, and Spoelmann had begun with one investment in the Baltimore and Ohio Railway. He had also leased a coal-mine in the west of the State, the profits from which had been enormous. Finally he had joined that group of fortunate young men which bought the famous Blockhead Farm for a few thousand pounds—the property which, with its petroleum wells, in a short time increased in value to a hundred times its purchase price.&hellip; This enterprise had made a rich man of Spoelmann senior, but he had by no means rested on his oars, but unceasingly practised the art of making money into more money, and finally into superabundant money.

He had started steel works, had floated companies for the turning of iron into steel on a large scale, and for building railway bridges. He had bought up the major part of the shares of four or five big railway companies, and had been elected in the later years of his life president,