Grass Valley telegraph., 1854-05-11
Prosnecfinp.

Prospecting.
The rich yield of gold in the vicinity of
Grass Valley for the past three years has been
immense, especially so, when it is taken into
consideration that mining is still as it were
in an infantile state. We have sufficient evi-
dence to convince every one that our hills
TEEN with the precious metal, and we feel
assured that good organization with small
outlay of money is only required to develop
their immense hidden wealth. The great
draw back to extensive development of our
resources exists in great measure to the
lack of protection and encouragement offer
ed by the present existing laws and regula-
tions governing mining. For instance, COM
pany formed to prosecute the driving of
tunnel into hill, is required to locate their
claims before commencing operations, else
they may penetrate the hill, strike lead and
have no claims. There being in this, as in
all mining communities, large concourse of
renegade miners, without means, energy or
industry, who, upon the commencement of
such an operation require the prospecting COM
pany to define their claims, then take I'D all the
ground for miles around them, ,and if the com
pany 60 through the extent of their own
claims and strike lead on the frontiers of
their neighbors' claims they are Immediately
stopped, or compelled to purchase at high
prices. The renegade miners thereby reap
ing where they have not sown. This state of
affairs is wrong and should and can be RENE
died. The object of this article is to induce
the organization of company composed of
one hundred shares, each share subject to
tax of twenty-five dollars, Cor such other sum
as the company may determine) per month
to be expended judiciously (by a board of
trustees to be elected by the share holders
and to serve without pay) in tunnelling or
otherwise. Two, three or four tunnels could
be prosecuted at the same time with such
tax as above suggested and there are hun
dreds of men in our community who would
not feel the assessment. Operations conduct
ed by such an organization could not fail to
meet with success. They could upon the
commencement of any operation adopt laws
to the effect that no claim staked off should
be valid until after the company prospecting
had located theirs, and that the company
should have number of days designated to
locate their claims after striking the lead
Such arrangements would be strictly equita-
BILE and but just to parties expending their
means. But says one, where will you find a
hill that is not already staked? We ask,
will stakes hold? Would any court or jury
award claims to set of men who had held
them for MONTHS or perhaps years, only by
stakes and recording, and say that the COM
paHy who developed their hidden treasures
should be ousted by parties holding by such
slender tenor? No, such proposition is
an insult to the American people. Those of
our citizens who approve of our suggestions
are requested to call at the Telegraph Print
ing Office. give their names and subscribe for
the number of shares they desire, and as soon
as fifty shares are subscribed for, meeting
of the company will be called for proper or
ganization. We are determined to push this
matter through. We know it can easily be
done, and we have no doubt that ere long our
express offices instead of purchasing two
hundred thousand dollars worth of gold per
month will more than treble that sum-