Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1864-02-01
A Year of Promise.

II ia unuuestionably fact that for every dollar
of bullion which has thus far been extracted from
the mines Of Nevada five have been expended in
prospecting aud working them. Aud-notwith-
standing the known richness of the country in the
precious ores-so It will be for years to come.
The development Of one paying mine in any dis
trct or locality Ii certain 10 induce hundreds to
invest money and labor in prospecting for Others
in the neighborhood, to an extent far beyond the
Weld of that mine II is so, to-day, in the richest
districts in the Territory-virginiI and Gold HILL
While bullion to the value Of millions has been
produced there in the past year, tens of millions
have been expended in sinking shafts and tunnel
ing the hills in search of other lodges md deposits
Were IL possible TO concentrate the capital and
labor OF the country in one locality, the result
would be very different. The fabulous wealth
of Gold Hell or Virginia could, by such means, be
revealed, perhaps, in 4 year. Distributed as they
are, however, over an immense area of country
new districts being discovered and located every
day, and new enterprises and expeditions set on
fOOt-the amount of capital required necessarily
far exceeds the productions And so-aS we say
it will continue to be for many years TO come.
There is a wide field here for capital, enterprise
and industry. When the Spring opens, the tide Of
fortune-seeSers will set in stronger than ever
known before. Thousands have been deferred
from coming here this Winter, because of the sup
posed incemency of our Winters-ma1y from tear
that the supplies in the distaut mining regions
would be inadequate for the population. The
latter u very plausible reason as in the past
summer out at Reese River, it was impossible to
provide accommodations for the thousands that
tiocked there. Buildings could not be erected fast
enough to meet the wants of the immigrants; and
at one time, provisions became scarce and high
But different state OF things will prevail next
season. There, Us elsewhere in the promising dis
tricts of the Territory, preparations are making
in anticipation of the coming rush and, in future
no such fear need be entertained. There Ii every
Indication that extraordinary prosperous year
is before us Such is the Judgment of our shrewd
est and best business Capital will flow into
the Territory from al quarters, and give impetus
TO trade and strength TO the arm OF Ia
Dor The hidden wealth Of this wonder
full country is the giittering prize for
which all are striving. There is silver enough in
the hills of Nevada TO make the world rich; but
il requires capital, labor, patience to develop H.
When the crust is broken which shuts II from
the light; when the rich ledge is struck; then, in
q few DAYS the toll of months finds Princely IT.
muneratiOu. Even now, in the Gould & Curry
| mine we sec something more wonderful than was
| ever revealed by Aladdios lamp. But something
more wonderful still may yet be hidden from us.
| The developments OF the year will establish be-
| yond controversy-if there is any controversy
about 1.-THE inexhaustible wealth Of our mines.
There is also wealth in our valleys, which re-
uuires less labor and capital to develop. lfevery
| foot of cultvatable land in this section of the
| Territory could be put under cultivation next
| Spring u ready and remunerative sale would be
found for the productions. 1t is interest, the
magnitude Of which does not seem 10 be apprc-
| ciated by the majority of our people, But We
hope that II will attract that attention II deserves,
\ and that we shall see in the coming year, hun
dreds turning their attention to agriculture 1t is
here a safe and certain observation-disclosures IN