The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1865-10-30
Mining on Lake Superior

q A recent number of the Toronto Globe
gives some interesting facts in relation To the
working Of the rich mineral Geposits unon the
shores Of Lake Superior Tia. paper say, Saws: o.
The immense creation of capital by the war
debto we A. nlfedI States is be1efttingy Can.
ada m more ways Than one. Our on terrific
~ and its owners have felt the GOOD effects of
Sfespiethora Of money III the neishboring re-
public The copper and gold deposits of Low
''er Canada are being worked with American
capital, and it is evident that the rich DEPOSITS
of iron, copper, lead, and silver. On the north
shore of Lake Superior will not long remain
undisturbed in their native beds. The success
of iron mining on the south shore of Lake
Superior is placed beyond peradventure blythe
experience OF the last few years. For some
'slme considerable doubt was felt whether The
investment Of capital would be renumeratiye
The success of the first ventures has, how
ever, led to fresh enterprises, and we observe
hat the jackson mine, which ships 1Q0D00
IONS per annun, has, on a capital of 600,
earned for the proprietors for the past wear no
ess than $1S0,000. Several other mines near
che jackson are said to yield, very handsome
profits. 1t is to these results douhsiess that we
Owe the formation of two eehipani for the
3urpose Of working the equally rich deposits
Of iron on the north shore i0t the lake. The
good locations were secured, and actual opera7,
ions commenced about the piddle of last
;ummer. Already wharf Of three hundred
eet has been run into the bay, and a railway
Z aeaFly completed Of five miles in length.
The Batchewana ore is
The variety known aslmagnetic. Its colour is
ron-black and its composition as follows:-
I Peroxide of iron, 31--or iron II g, oxygen Is
,. 1t is a very fine-grained ore, which, with
ilent articlefor the manufacture of steel.eI
Many other parties have been prospecting
IN all parts Of Lake Superior during the past
Iummer, and we shall have the pleasure of
recording actual operations, as the result of
heir investigations. The iavorite spot seems
o be the neighborhood of Thunder Bay. at
The. extreme western end Of British territory
IN Lake Superior. Lead andcopper, and iron
also, It is said, are here found in great album
lance, and efforts are being made to bring
English capital to bear upon then.f Tisliiss X
Z 1--WE hail with much pleasure the develop
ment of this mining region, 1t has often been
asserted that the forbidiing shores OF Lakes
2 huron and Superior presented serious obsta-
cles TO the western progress of Canada We
nave always commended that ii necessary, it
was our duty to overlap intervening territory
between the Canadian peninsula and the
North West, and boldly to push from Thunder i
Bay to the Prairie region beyond the Lake Of
the Woods. 1t IS impossible to. deny, howey-
er, that the opening up Of the intervening ter
tltory would have an immense influence upon 81
5he settlement Of thar which lies beyond; and
we look forward with the greatest hope to the
lime when the shore Of Lake Superior will be
iringed with mining settlements, and piers and
aarbors for shipment of ores. by the errors 4
81 the Canadian companies who first entered
upon the exploration of Lake Superior min
ing territory, we have lost some twenty years
u the Development Of the region, but there is
till noble future in store for that country.
These mining enterprises on Batchewaua and
Thunder Bays win have an important bearing
On the development Of British America.
1t is noticeable fact, and one which taken
in connection with the tide of emigration set
ling so strongly from Canada to the States
cannot failto suggest still greater changes in
The future, that the development of this inn
portant source of Canadian wealth has almost
wholly fallen into American hands. Many !
other instances of the same thing might be
quoted. The Canadian population flows out
III a Steady tide toward the United States; and
American enterprise and capitai are as steadily,
if not as rapidly, flowing in. With this cpnsd
tinual Interchange going on, q very few years
stprodice great ransformationJ jim the I
character Of the Canadian population We |
look to see, as between that population and
ours, steady increase of hosaogeneiiy which
hrist work its sure though peacefnl results
apon the destiny of the two countries We. |
aave not space now, to follow this subject far
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