56 ALEXANDER AGASSIZ 



approximate position of the outcrop, he extended this 

 line to the nearest point on his own land, sank a shaft 

 there, and again ran into the copper-bearing conglom- 

 erate. Firmly convinced that he had discovered a large 

 deposit of copper, he went, toward the close of the Civil 

 War, to Boston, which was already the financial centre 

 for Lake Superior mines, where he met Agassiz's brother- 

 in-law, Mr. Quincy A. Shaw, who was already interested 

 in mines in that region. 



Hulbert persuaded Mr. Shaw and his friends to pur- 

 chase a controlling interest and further options in his 

 scheme, known as the Calumet Mine. Later, when it 

 became time to take up these options, Hulbert preferred 

 to exchange his Calumet holding for securities of the 

 Huron Mine. 1 This afterwards went to pieces, nearly 

 taking Mr. Shaw with it, at a time when Calumet was 

 most in need of funds. A few years later, as Calumet 

 was becoming prosperous, Mr. Shaw made a new settle- 

 ment with Hulbert, practically giving him one thousand 

 shares of Calumet. This fortune Hulbert threw away in 

 wild-cat speculations. The remaining years of his life 

 were, however, passed in ease and comfort, thanks to an 

 unusual generosity ; for Mr. Shaw, realizing that the 

 Fates had not been overkind to Hulbert, pensioned him 

 handsomely. 



It was arranged that Messrs. Shaw and Hulbert should 

 take the mine on a lease, and the latter went back to 

 Calumet to develop the property. The rock that was first 

 found was exceedingly rich, and Hulbert, seeing such 

 great masses of copper tangled in their bed of conglom- 

 erate, appears to have lost his head. He proceeded to 

 quarry out the rock haphazardly, and buying a hun- 



1 A mine to the south of Hancock, in which Mr. Shaw was interested. 



