Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1862-09-06
All Reading Matter on this page
is from Last Evenings Edition.
rae PaCido Railroad COnvenlioa--Fhs Re-


Rssolved, That the Commissioners are
profoundly impressed with the conviction
that under the pressing exigency of our
present struggle for national existence,
this great channel Of intercourse, with its
rich and invigorating streams Of national
commerce aud its unriTsled military facil-
ities, Is more than ever needed to preserve
the American Union from political dissolu-
ton; thatth pressure Of the pending war,
90 far from afording any reason for delay
ing its prosecution, shows only the more
its urgent necessity; that no time should
be lost in securing its speedy completion
by every reasonable effort, and that in a
crisis so grave as the present, the Company
and the country may properly and conf
dently rely on the Government promptly TO
afford any further aid or facility which
the vital interests involved in its vigorous
prosecution s evidently require
It was resolved to open subscription
books to The stock Of the Union Pacific
Railroad Company" on the first Wednes-
day Of October at some central point in
each state Of the North, that of Ohio being
at Columbus, the books remaining open two
weeks.
In the course Of the discussions, Gov.
Evans Of Colorado was called upon to de-
scribe some Of the resources of that terri
tory. We quote some interesting details
which be presented:
Z" Two years ago there was an immense
tide Of emigration to the Rocky Mountain
country, small proportion Of it with cap
ital. After time that proportion failed
In the object to seek rapid accumulation
Of wealth. This rush was occasiOned by
the impression that gold was immensely
abundant and could be ground out Of the
stones in unlimited quantities. They
brought a large number of quartz mills
with them, and year after, these mills
were dead property on the hands Of the
owners. The miues produced well upon
the surface, but as they went down the
quartz gave way TO pyrites of iron, or as
the miners call IT, fools gold, and all
prospects Of getting rich vanished, and
quartz mills declined TO 4 mere nominal
sum.
Last autumn snd winter however, in
grinding out the pyrites, 1t was developed
that they were richer in the precious met
ais even than the gOld-bearing quartz, and
the fools were fooled second time by the
FOOLS gold. Laughter.
These quartz g lodes in Colorado are
almost unlimited in number. The Grego-
~ region extends thirty miles along the
base Of the Snowy Range, and is about ten
miles in width. In that region, the lodes
are only about a hundred feet apart, pro-
dueing the rich gold-bearing pyrites. As
you penetrate these lodes the deeper, you
ind with a uniformity which cannot but
increase and warrant investments, that the
iron ore is richer and richer with gold
As you go down, the pyrites grow better
and better N every shaft yet sunk. In the
region Of Central City, in q space Of two
miles In circumference, there are at pres
ent one hundred quartz mills in operation.
In all the cities Of the North which l have
visited, find no such financial confidence
as exists there. All Of these mills are do
ing well, and some Of them producing gold
In an abundance which is truly astonish-
ing. There are men there with little quartz
mills costing $1,000 in Chicago, turning
out $1,000 a week. The chances for others
to come in and do likewise, are good, and
this embraces only small part Of the gold
bearing quartz
Although l was called to dwell exclusive
y upon the mineral resources of Colorado
I must say that there is still room for in
vestment Of capital there upon a certainty
of paying well. Again, though this region
presume your Pacific Railroad will run ;
in any event. know from actual surveys
that this region presents most favorable
route. As soon as you get over the Snowy
Range you strike g level, well watered val
ley ell the way TO Salt Lake. Coal is alb
undant tits almost continuous straight
line cast and west. The line goes through
the Gregory region, where there is room
for an immense number to employ them
selves probably. As you 90 through the
Platte valley, thronged with vast numbers
of emigrant trains and wagons, it is almost
q perfect dead level. You can lay down
ties and rails, for miles upon miles, with
out using pick or spade for grading pur-
pose. General Lander, and call his mem
ory before you with deferential griefoffered
---and he surveyed the whole country from
Pugets Sound to the Missourl-tO build the
road over the Piatt valley for $1,000 per
mile.
Nature herself indicated this valley as
the great highway Of railroad travel. You
udfS wv NfSA \ tAlAIB 70 ~ Aueau WILL
level country, mineral resources, timber,
and al the requisite natural facilities, be-
sides inevitably commanding the immense
travel Of California, Utah and Colorado,
Of the vastness Of which you can form
little idea.
] will not 6elain the convention with
further details. Lately, I requested a gen
heman Of intelligence to go through the
mountains, IN the Gregory region, and ex-
anime the miles. He msde the invesdga-
ton in June last, and estimated, by figures
that in q space two miles around Central
City, the mills were turning out sos, ,00C
per week. making S5,000 900 per year, and
this yield is Increasing from week to week
These facts l published in my message tC
the legislature. After inquiriDg Of numer,
Gus and intelligent men as to the safety Of
my statements, without dissenting voice
they united in the opinion that had un-
derestimated in my figures. There are
some facts too good to be stated exactly az
tkey are, and these facts are in Colorado
In the yield Of our mines excepting perhaps
theWasheo silver mines, think, we MAJ
safely challenge the world for richness o
yield. An average In the paying '1Odes'
Of $500 per ton is developed BY the mills
and many parties have Prohted by discOv
ering that the gTindings after being sub
jeoted to q natural chemical change can b
ground over again and still yield well"