Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1835-10-22

uiSCbarged thclr hands To the number of
40 or ~. This necessary step produced
general dismay IN the stockholders
and Others concerned, who found too
late that the mines were not r0rM uork-
tng. and that the whole expenditure. in
addition 10 the enormous sums paid for
the stock, was forever lost. Spccula.
tors only made profit, and by some of
them, fortunes, almost princcly. were
realized IN n few months. A trcmcn-
dous reaction was the consequence of
the failure Of the ORANGE MiNr.-thc
FIRST IN Virginia that had excited much
interest. and Of which the public had
the highest expectations from the cNac-
grated report of ITS unparalleled rich
ness. Operations which had cisewh here
been commenced with encouraging
prospects were for a while retarded and
all mining schemes considered as vision
airy. But IN short time after, several
mines of real raiue were discovered:
and though tic public, proGting by the
disastrous results OF the Orange Mime.
were on their guard, vet two or three
OF them have been sold at very great
price, aud are at this time in successful
operation.
The Rappahannoch Mine. in Stafford,
belonging principally TO Company in
Philadelphia, though the sum Of So
600 was given for three -iourths of il,
yet, il is believed, from the success
hitherto attending lis operation, will be
valuable property and yield handsome
dividends TO the stockholders.
The United States Mine, in Orange,
was sold in shares for large sum- by
which the original proprietors reaped a
rich harvest al the onSct;-this is likely.
also, TO be valuable property; it has
been recently put in operation on
large scale, and present prospects are
highly flattering.
! Bookcr's Mine, in Buckingham, like
wise IN operation Is said To be rich and
to afford fair profit on pretty large
[ outlay.
In FauGuier, several mines are being
put III operation, by London company,
and already 80 Cornish miners have
been sent out as laborers, and the pa
! perS report the arrival of steam en-
gincs and other machinery for very ex-
tcnsiye works there.
7 a mine of great value in the coun-
ty OF Louisa, Walton - has recently
been thoroughly explored aud found to
be richer than any in the United States
or perhaps in the world. An agent has
( gone to London TO dispose Of stock IN
The company embracing tins nine.
/ Several mines of greater or less value.
have within a few months past, been
discovered IN Fluvanna, Goochland and
probably elscwherc,--opcrltions ON
these, arc conducted on a small scale.
! HugbcSs, IN the first mentioned
county, Is worked with very few hands
without much skin, and at an incon-
siderable eNpensc,-yc: the profits are
so great, tha,the proprictors must real
ne immense fortunes from IL in a very
few years This and some others OF sifni-
lar character do not, at present, require
working on regular mining principles.
j The VEN. whose dcclination is Is de-
grccs, Is followed 60 the water level
about 10 feet. and the orc between that
and the surface, raised on an inclined
plane with very little labor. SO album
dant Is the ore near the surface that for
years, pumps aud horse whims will be
useless Gold is here disseminated
through the soft slate or gravel. that bv
merely washing the orc as 1t IS raised
from the Mine, a very lucrative bu,i.
ness . done.
u Is presumed, that in The annals OF
mining no vein ever yielded q greater
net; profit, and were others conducted
IN similar manner with equal pru-
dencc and Jud gucnt. no one interested
would have occasion 20 rcproaoh HIM
self with having embarked in an enter
prise, uncertain and hazardous"
Most of the surface mines or dcpo.
sites, j; is thought. have already been
worked cut and hereafter. veins alone
viii be sought for-and g. 1t prcna.
turc TO hazard the opinion. that al NO
distant period Virginia will be no le,,
celebrated for her mines, than Peru or
Mexico The mines IN ihr latter pia-
ccs have long been worked. and but
seldom n ncW one Is discovered. The
various evils attending mining IN those
countries, must ultimately put an end
10 a. Among these may be- mentioned
the want 81 timber. thc 90 alubi'y Of
the clima'c--thc instability of the 20.
vcrnment--the distance Il The mini ~
district from the sea pori--and the
risk II tran porting the metal. through
a country ~ state of scmib1rbsrism.
add to all ihcsS no less than ~ per
cent Oi the gross urogceds al ALI the I.
mines Is claimed and the claims most
vigorously and vexaiously enforced
by the government. Here, none oil
N csc evils exist Mines arc held a.
real estate and no interference q the 4
government can operate 90 the preju- .
dice Of the proprietor. Admitting
that our mines are equally a. rich A.
those "a the old mining counties. and
Il Is believed that they are generally 1
even pehcr) Se ihaye Il least zen.
fold advantage over them Our mincs
80. Il - 81 fH.