Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1862-12-06

average from that State II our other god
hei8> were worked with an equal ratio 81 labor.
there would be IN annual product Of between
three and four hundred mili.uus That an mad
eqaste amount of lahor eli be II hand when
pe1ce returns i not G0ubted: and hereby iHi.e
EdmOBds sees the etsy step bs ~hich the ass {
our present soldery nav be restored 70 peaceful
avOcations Even now. in the distant Territory
of Washington. the extreme mosaic block ct the
Union, the present product Of the Salmon river
MINIS. &c. under every disadvantage OF access,
weather, &c is estimated at $40 200 900.
An immense revenue may be readily Outlined
by sublecting the public mines either 10 lease.
under quarterly payments quarterly tax. -
scigporsge npon the actual product. under well
regulated aud efficient system. which would stim-
ulate the energies Of miners AMI capitalists. 10y
securing 10 such classes undispu'ed interest IN
localities for specified purposes land when the
Conditions as Ia such fact are comp eted) for un-
limited periods and which. efect.ng this with
beneficial results TO them, would relieve the ne
cessties OF the Republic
Commissioner Eimonds states that the
tured yield of the mines AT eight per cent. would
pay an interest OF four and a hall per cent upon
$50 .OG0 900 OF nqtiunal debt. Gpisig into par
tieuiars. IL Is stated that the usual size oi mu-
ing claim in the quartz region u ore hundred
feet on each side, making one Thousand two hun
hundredth part of the mountain j. occupied ia
paying leads or VEINS, there will be space for
three millions SIX hundred thousand claims.
Governor Evans. Of Colorado, estimates n at the
already discovered gold bearing region of that
Territory affords ample room Tor eight hundred
thousand claims. Assume this gold bearing re
gion of Colorado is but sixth of the whole gold
field of the continent We have -four million eight
hundred thousand claims. which would give work
a II a
Sl2 per ton. will pay in favorable circumstances;
but there are many more that yield from 500 to
$500 per ton There those that WELD from
$500 To 81 900 per ton. Some of recent discov
cry are estimated ~ high rs $50 900 per ton
Ia addition TO the deposits of gold and silver
various sections of the whole mineral region are
rich IN precious stones marble, gypsum salt tin
quicksilver ssphaltum, coal. iron. copper and
lead, together with mineral medicinal, thormal
and cold springs and streams. None of these
mines have besn worked for great length oil
time. except the placers of California and much
the larger portion OF them comparatively re
cent discoveries; yet. the deeper the mine i
worked the richer i the ore or rock. Enormou,
profits are derived from operations at a depth oil
from 80 to 300 feet
Time viii sustain The positions that have beer
assumed ~ TO the mineral wealth OF the region in
question and the revenues that may ultimately b,
derived from them AT present. the annual Yield
OF the precious metal regions in question: may bo
set down at Sl06, 100 600. Under well ma.
turod system of taxation or seni0rage, ten mil
lions ct dollars would accrue to the Treasury
As the results of experience in mining, it is re
commended that claims shall he laid out in "smal
parcels. VARYING from 100 to 2n 900 square feet
according to the locality and value of the de
post &c.
Referring to the paramount claims Of explorer:
and actual miners in advance Of surveys. &c, tn,
Land Office cannot recommend any measures fol
the sale OF the mineral lands. but would adviS.
the retention OF the fee in the United States ant
that they he held omen TO the free occupation o
all our people. subject only nominal annua
license, aud such monthly, quarterly or annua
moderate per centase upon the product ~ shall
be prescribed by law. A limitation 10 IN.
quantity which mey he held by airy one person i,
also advised