New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-11-19

thereof-afsr fndius il impossible yied % the $1,000
and therseIves fhey expfessedro NJ Naroo teir l-
eitude sor en immediate sstlemsnr ana oac--d 49,
der Corlrnissoues, he very Day ser tDe -. 2
rna ,fsud nar IN r.; and they distinctly oser'd 70 tls
ssid Marcoleia that b. word GeFos VIZ y ~
deroe Of his authority TO name Commissioner ior ne -
,hey wonid the dsy lOvins end the names o tne-i No
msduners: an OF which WI fully app,r ~ 20. ,I,,s
tbs COMPANY, Th.eh was ~ S,', n lss2
"Jbat became Of tbe IN eupei@tf iAns - NJ
hitherto ebarscterzsd Pc conrDur1' o ds.d
eoets eIl fyrther drso, correspondence Win nm i.
rorer I'd thst for the fuus sren oifcefs o. ~
pany 20 are may De authorize 20 90 ia =, Sic,
directly with the proper oaieere ''e 0"''
IN the Judgment OF ts Board u nd be d
hsrmony and GOOD understanding oe."esn TIC OD''i-
rent snd thernseges are hereafter 70. preraiL ..
reference 20 the fOregc ne Te5Cluuona = W. a -
tIele-ter sd57esfcd 20 Mr. Asnnng sh0'i carry on
yicficn 70 the readers 81 those dOcunenus taI IN
rom cvoaing settlement - accounts CT rctusn5 70 81
nitrate N en-ihe Transit Company was the if-t - pio
pose The latter measure, and has since been nlo'' '
oI m he snuBntmert of the arbfrqto-- hall
he regular in order that their decision shall De R g
only be regarded by the stockholders a. e'a i.,e
rDdence and for their information this cOmnlhc'tSn
Z made with the cole view Of preventing their Dn5 ue
ndei by what appears 70 he go parent an attempt
TO depreciaie the value Of their property. . o..
II il perhaps proper 70 state here that M Mn.ng,
vbo vos onpoip,5d IN agent By Nicaragua 70 i4uii@e
The amount of 10 y cent prots was acredi'or OF the
state 10 large amount and he csagHes OF all "a
right and interest Of Nicaragua, ri IN and 70 e ~
cont a. repeatedly declared by himself
His nforeef therefore was 10 swell the ~ y CENT ~
he was to be the sole recipient Of t. but TINS 70
his COMPETENCY, unbiased agent, nc CJrlpahy
waived a. the prin iples which the setlen nj v"
10 be made were they conceived PLAIN and so wen
undertood Their surprise may then be imagined
when Mr Manning insisted that they could not be per
rnitted In making up the amount Of profit 70 charge
the loss Of OF their STEAMBOATS,, and the faarc@ O
cfrtein OF their agents and officers.
ON hese and other similar items the dispute or con-
frover arose demanding the interpretations of COnms
a., NH Nv ,1D
20 appoint but refused already stated TO appoint u
he should fret communicate with the Government oil
Nicaragua. -
Office Of the Accessory Transit Company, Nov ls'
1870 BY order Of the Board of Directors,
JAS d z. OGDEN, VicePresdont
ISAAC e. LEA, Secretary
One of the Editors OF Tie Mirror who has
recently made visit to the Great Northern Lead Com
psnys Mines in s. Lawrence County, records his ex-
perenco, from which we condcnse the following:
The Western rnines--mere surface pockets In the
eaTu-are soon depleted the St Lawrence mines are
perpendicular vens and by the inyarable law of such
veins, whatever the ore, extend from the cropped
out" surface down further than line OF pummet ever
vet sounded At Eewlyn, Cornwall amOdern lead NINE
has been worked for sixteen years and sunk thus far
1000 feet with no decrease OF it, richness Other per
pend, OF various have been shaited and
mined, from 1000 70 1000 feet in depth in the Old
World with no signs Of exhaustion.
We ore glad 10 know that the Great Northern Lead
Company have entered on their enterprise with the
spiIh and knowledge Of true miners. Iney have Sc
cured the service Of Capt Lodn one OF the best Corn
will Superiniendents 10 whom all surface management
of their mines is committcd and Capt ROdfa, an I'M
dereTond superintendent experienced IN the largest
mines OF Cornwall and Spain; also large number OF
rugged Cornish miners than whom there are none bet
ter In the world The minoe they have taken IN hand
are leased for ten years-wth privilege oil ten years
renewal-the payment for the same being onetwehth
or "a Royalty" as the English have il. The Company
commenced the construction Of their works IN July
with a email force increased TO some 10 aud on
the 10th inst il safe 10 calculate that pig lead would
begin 10 be cast from their smelling luruacr ia INC
The date Of our writ the gne house built and
the engine mounted the smelling house was nearly
completed the great shears were hoisied, the IRON
pumps were sunk and the hosting and other machine
nv was all in order Cottages too have sprung up Ike
calculations 70 meet the board and lodging require
! ments Of the forces at the mnea.
The mines oil the Great Northern Lead Company are
located hold rocky rise OF ground, running nearly
/ east and west and the four great veins, OF watch but
two have been opened. traver.c the MI ~ neary
southeast course The great veins called the Coal
! Hill" the Union" the Victoria and the Indian
! River Vein" The Coal Hin and Union Veins on which
| the Great Northern Lead Company commence opera
tons sreopened aud have been heretofore worked And
bcre we come TO some interesting data. In pnts OF
| le36-37 and 3s, the Coal Hill Vein was worked by
the Companies TO a depth of leo feet by $50 feet IN
length The extraction amounted 10 1896 square athOms
of the veiD yielding 1900 Of ere which in turn,
yielded 26O0tuns metallic lead, worth S2ilO0O. Every
square fathom produced SIR and every square foot
nearly S5.
At this point the vein was abandoned Why Be-
cause starting without capital, and mismsnaging ~
every ttep-with the original Company split into two,
thus doubling the difhcultyt was found that to pro
ceed further regular system of mining must be com
menccd, aud large outlay in machinery for clearing
the mines OF water &c, gone into. The idea OF egn
mate mining drove the fancy Companies away. Yet,
with the ganzation and exravagant expense OF two
Companies vein-when one Company with cspi
tai and rightly organized, work not only the four
veins bu, the whole hill and half of -. Lawrence
1aol akaaa and
erection Of two smelling houses, IL cost of $4,000
never used and $4,000 expended in idle experiments,
and $50 600 uselessy paid FOR hauling and sInet
ing one, the Companies managed 10 pay $4,000 div
dends They mined the vein downward, instead of on
the British and system and consequently, had 70
hostto the surface and away not only the ore but
1 the vast refuse OF rock md dirt
Then, instead of smelling the themselves on the
ground for 50 y tun they had il carted miles
and smoked under contract for S2o Y tun, which, with
: the caitng &c, made the cost OF smelling alone
noGy $50 y tun. During this time the Union vein was
opened by "trbutcrs' who worked IL shares exca
waiting 1876 s,homs, producing 2l3 tuns metallic lead
worth Sl9l70 or Gil p fethon In spite of the man
in which this veiu worked all parties % male
money until il abandoned At the point Of abandon
ment both veins yielding richly ever accord
ing the testimony Of their Superintendents That this
the case, IL not only clear upon the slightest practi
cal examination VI the mines but also as characteristic
Of per- endicular VEINS
Instead Of beginning without capital mis- SHINING,
throwing away slOOOO on their Ignorance or multiply.
ing useless officials and sgents the Great Northern Lead
Company begun work with sufficient capital, and
ganzsiion Of agents and machinery that Will compass
only the four discovered veins but all other veins
that may be dscOyercd-and their hill IS tgA Of lead
They will no from their mines but will sm-t
IL the spot for something less than OneOurth OF the
cCst 10 the former operators They POSTPONED not
to pay-as did the former Compsny-S30 per bbl for
pork, and Sl2 for -four and for all they consume
but viii commsnd the market LabOr-beyOnl thar OF
miners, which bears pretty prce-is abundant in
the vicinity of the mines and cheap They have their
hard furnace wood delivered 10 them at q per cord
Their machinery Is substantial in the main thar az
they so sheng down from year TO year. their only
extra expense in that way \ be the lengthenng out OF
their pumps hosting tackle &c and such increase Of
smelling furnaces the increase OF operations nay do
msnd. With a single engine they command the whole
surface work 81 al the VEINS They can as easv-their
plans being periected-voFk 1000 men as 100 Their
lead can be put with facility into the market