New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-09-03
Lake superior-Briti.h Side.

! letter from Saul =. Mare. .brItisA s!'1ef ~
the Montreal Herald, dated Aug. 18th gives some
interesting particulars Of the progress OF Mining
Explorations and other industrial enterprises On
the North shore OF Lake Superior, He says
The scenery on tie river from his place to he isS
Is OF the var!ed and beautiful character u e.Ls
from tia: Of TIE :, LsSreHee IN thA, Il : eerS
Wild WIKI cultivated spots no Hao:'ai'o> :!
.aanty or Two &: Sailors Encarnpaea~ twenty-five
nile below the >su!t.
The .tearboa: landed Us q. the village On ihe AMER
can side js; al the foot OF the beautiful rapids Nearly
al the business OF the Lake Superior region done on
that side and quite town = Eprn-.lE up and Il the
mineral region proves 10 De ch as no" confidently
believed this place must become OF considerable nPoF-
lance
on our Che Bstish side there Is le no ouslne %
done as vet There are some hundred families here.
French and halfbreeds but Tor want OF business men
they do all their trading WIKI the Amerlcan' Our GOV.
eminent however u beginning 20 see the importance Of
hi: point and the survey Of plot taat was order
ed Is nearly completed, and II Is expected tHat
survey for ship canal around the rapids Will be made
this The natural advantages OF this side tor oota
canal and town are decidedly favor TIE Dis
the portage is not great tor cana! az on
the other side and ne built al much less expense
The Government ofthc l. states have too many other
matters 70 provide for this make any provis-
ion for this ongtalked of Canal; and prompt acuon
now on the part Government would tnFo" ther
business and shipping through this place ana give Us
commanding position over this key 10 the whoie nor
west Besides these considerations there IRE others
should not forget TO mention Il IL now ascerained oe'
yond doubt that the north shore o! Lake superior as
rich if not richer than the south III copper ana suNei
ores The explorations that now gon; on are oFihg
ing 70 lirht some OF the richest veins OF these
tia, have been found the shores OF this wonaefiu
Lake. a., . - ,h;s
.ubiec; which will soon be laid before the public VIII
afford the information on the extent ana
locations of the mineral region WITHOUT my uouoIhs
you with hearsay reports
have been shown some magnificent specimens both
of native Copper and OF the best OF all ores the gray
suphuret and am assured by those who have visited
the mineral regions and on whose statements can re-
" that there any quantity OF mineral there. hear
OF four companies that have been the ground this
season exploring and making their locations. and am
glad 20 learn that these companies composed OF men
OF wealth and influence and engage IN the business OF
mining safe and profitable way for the investment
OF capital and not like many OF the American Conpan-
les, merely for purposes OF speculation These Com
panics have contributed ior the first outlay OF expenses
making preparations Tor going into the business in an
extensive manner though the that be done this
will be 10 secure and examine locations and open
the doors TO these longconcealed mlness OF wealth.
From what information can gather from those that
not well from those that interested think
they have all discovered rich veins OF mineral and have
need now OF only proper management III order to turn
their discoveries 20 good account These four Compa
MES are The British North American Mining Comps
ny" on location made by Col Prince, OF Sandwich e
W. on spar island-the Z" Quebec and Lake superior
panies al Mamainse MichpicoeD Island and 81 lgnace.
The rich mineral discoveries on Lake Superior are be
ginning the attention OF English capitalists and
a few more such men Col Doran President OF the
" Montreal and Lake Superior Copper Company, VIII
do much for their success This gentleman from
England early in the spring and besides his wealth he
brought with him great practical experience in the whole
business OF copper mining.
Nothing shows the favorable position which the Can
ada Companies have taken better than the value already
placed by the public their stock While many Amer
lean Companies stock founded very good locations
is selling from five dollars per share twenty
TO forty dollars per share is offered here Tor stock in
the North Shore Companies" a. they are termed.
As yet all the from Copperdom have been taken
10 Boston be smelted-ths mistaken notion, see Is
soon to be corrected by having smelling works erected
either the ground at the favorable point the
Sault IL is estmsted that the expense for the
next year Of transportation the bare that
Of the pure metal would amount sufficient to
build smelling establishment For this purpose com
pany has been formed called the Ste Marie Falls Min
ing and smelling Company'-composed OF the principal
OF the SAUL together with Eastern capitalists
and they TO have their works in operation early
the coming
II should be persuaded 10 so up on this inland sea-
sull farther 70 the North. you may hear farther from
Yours &c r B. D.