New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1845-08-19
The Great Copper Region Of America-The In
teyests of Newly Ork.


Southwark from Lake Superior, a hundred miles
along It's southern border and in places for an eqna
distance inland stretches the great Copper Region
of Amcrica-perhaps the richest Mineral deposit Oh
this continent Although as yet but partially and
impcnec,ly explored, the results already reported
parallel the widest revels Of Arabian romance
Until within the last two years, it was but vaguell
known that Copper existed near Lake Superior
and a gigantic Of pure Copper lsince trans
ported TO Washington was Of the wonders OF
the locsliiy-thc elephant Of that remote, rarely
visited wilderness. Last year the first Of mt
thodical mining operations which have thus far been
principally confined TO the immediate border Of the
Lake. but the veins and deposits have been traced
specifically and iifully over the area above indi-
Gated. The results have surpassed the most san
guine expectations. Every variety OF black aHd
grey oxide Of Copper ielding from fifteen to eighty
per cent of the pure metal have been obtained the
the veins having generally nearly perpendicular
inclination. and increasing in richness and purity a.
they descend. The mineral appears to have been
forced up through fused rock by volcanic fires, and
in some cases small portions of it have thus been
made to assume purely metallic form. Some Of
the black oxides contain eighty per cent. OF metal
and are scarcely inferior in value TO pig Copper, ton
for ton, the oxide being the form required in the
manufacture of Vitriol Many of the veins dip di
rectly from the shore Of the lake, and arc traced
from the surface from five to fifty feet above il; IN
one case the ore is found imbedded in the rock OF
cliff six hundred feet above the lake level A par
Of the ore IL mingled with silver, amounting to five
per cent Of the entire weight, worth some 5000 t.
1900 per ton and we are informed that Gold has
also been discovered, though Of this we have seer
no specimens
OF course the noioricty of the existence of sucl
mineral wealth will lead if it has not already led, to
many rash adventures wild specuatisns, and knav
ish experiments on public crcdulity. The magnii
icence Of the truth will lead to still more magnh
cent falschoods We understand that the stock OF
one Of the companies which some $50 per share
has been paid in and this than refunded in
first dividend, is now selling at 500 TO $500 per
share. and is considered too cheap at this. Mr.
Hcnshaw the President, (late Secretary of the Ne.
WI values his at $500 to $4,000 per share. This
valuation is not all guess work, but is based on the
fact that the company owes nothing, has magniii |
cent tract secured, and $500 600 worth of Copper
on the bank OF the Lake awaiting transportation to
an Eastern market
The number of persons in the Mining district has |
increased within the pas year from One Thousand
ill II is now probably Ten Thousand A year hence
i, will probably be nearer One Hundred Thousand
This will prove great blessing to the entire West |
Whether mining prove profitable as is anticipa |
ted Or not the Miners must eat and the Superior
region is cold sterile, rocky, and utterly worthless
for Agricultural purposes. A vast market for the
Flour. Pork, Beef Corn. Cheese Butter, &c. OF
Northern Illinois Wisconsin, and Western Mich.
igan, is now opening, which will ultimately prove
far more rcmuncra,ing than any distant market and
will ut any rate increase the rewards Of the hus-
bandman HIS interest in Mining, las in Manuiac I
turng.D is very papable one, and his gains from |
its prosperity certain.
- This vast mineral interest, 80 rapidly growing |
up, demands the prompt and searching attention Of |
the capitalists and business men of New.York AL |
ready arrangements have been made which will |
secure to Boston and to Pittsburgh large proper |
ton Of the business and profits of smelling refining
&c. with the vast and profitable return trade which
is sure TO How back in the path Of the mineral New
York has thus far interest ill., control over these
Mining operations and the consequent demand for |
merchandise. which would naturally centre ON New |
York, Is now finding its focus in Boston Shall we |
suffer II all to go therc This question our business
men must answer They ought to have some con |
cert. some understanding on the subject They |
ought promptly to send on, competent agents, to
take business survey of the Mining region discern
what is doing there and what is likely 10 be doAe.
and recommend such measures as the interests of
New-iork shall seem to require. By such means,
foolish speculation win be discouraged. knavery
baiied, and the proper and just commercial standing
and trade Of New York be maintained and secured
An Unfaithful Sentinel
Erora fhl HcrnI1 Of