The Nevada journal., 1851-12-20
Quartz Inv estmenfs.

The views entertained by capitalists
2n the value Of the simple possession of
leads by quartz companies are absurd
IN the extreme. The fact that a com
Dany Of men who have made n dis
tovery of, and hold good lead. is
feemed as of little consequence, be-
3ide the almighty dollars they hold in
heir purses, ready on convenient oc-
'asions to employ in erecting machine
sy And they complain that those
baving leads seem to set as high val
he on the mere fact of possession of
eads, and are as exacting in their de-
nands of those who supply machine
y, us if they conferred a favor bv
having their leads thus worked. Sucb
persons do not reflect that if a party
f men hold large quantity of rich
quartz, having undisputed possession
Thereof, the opportunity they give the
capitalist TO become partner in the
lead for the advance of an amount of
Honey to erect machinery, is confer
ting on him chance for good invest.
hent--a profitable use of his money,
which, without their consent, he could
lot obtain; and that as the benefits
ire mutual, the obligation is, also. If
one party finds the mill, the other
inds the quartz. But rs this quartz
a natural formation, and miners
nave been to little trouble to obtain it,
capitalists deem it should be thrown
nto the bargain as of no account
whatever. Thus prominent house
1t San Francisco has offered to mi
lcrs to erect machinery on good veins,
the first nett proceeds of the veins
hall pay for the machinery, and af-
or that has been paid for, one
lalf the proceeds of the vein
hall 60 to the erectors of the
machinery, the rest to the holders of
,he claims. In other words, the cap
talists shall get all their money back
1t the start, and half the rest of the
proceeds of the vein-narrowing down
he gain of the original discoverers,
Who vainly imagined they had their
fortunes at their feet, to a very slight
proportion.
, Although it is for the interests of
pur city and county that our rich leads
should be developed, and though they
contain mines Of wealth which will re-
ward enterprise, yet we believe in the
encouragement Of no species of extor-
ton. If quartz leads are not now
held at their true value, they soon
! will be; and every day a more par
ticular interest is being excited in this
resource of our State. Persons GER
tainly should not sacrifice their leads
to obtain machinery, for as competi-
ton increases daily, machinery will
fall in price, and leads which are now
held at valuations scarcely above the
cost of the mills to work them, will,
before long, increase in market value
far beyond any such limit. We ad-
wise miners to have patience, and not
to throw away their leads for dispro-
portionate share of their proceeds.
A few words to the Courier on TheatrCals.
The San Francisco Courier of the
l7th, contains an allusion to the matter
in controversy between ourself and the
Transcript, which demands an cxplana-
ton. The Courier says;
"lf public Journal cannot bestow
praise upon real merit without pecu-
mary consideration, it can certainly re-
irain from wholesale abuse and excoria-
ting criticisms
We would say to the Courier that we
too, believe that an institution of public
benefit, embodying preponderance OF
good over its own elects, should be tol-
Grated but if its defects are too glar-
ing to escape the notice of the casual
observer, of course one in the situation
of public journalist should have too
much respect to his reputation for judg-
..,o,t 10 bostnw ipdiecr,n,;nn+a ,,r,; n