The New York herald., 1867-02-26
NEVADA.
our AUSTIN CORRESPONDENCE.

Advice ON Mining OrerGtxohs--Folly or some
New York Companies, Practical Minlng and
Theoretical .Iiplm6-The ssAIidas AIIne.',-
Cempros,isc Effected Between the Lisi-
sants-Thc ''M"rphy Mine.''-Its Success,
AUSTIN, Reese River District, Nevada.
Jan. g. 1867. I
As within the las. three years Now Workers have
invested nearly 81 900 in the mines Of this and I'D.
joining Districts doubtless few remarks upon mining
prospects hereabouis will prove interesting.
During tho past summer and at tae present, three
foorths Of the mills and Of course the mines aso, Of
this district have been lying idle THIS refers particu-
larry TO mills owned by capitalist, Of your CITY, This
unfortunate condition OF things aud the disappointment
TO resulting thererom, arc by the sufferers
and those at distance generally, charged directly and
entirely 10 the mines and district This Is as foolish
has the character Of many Of the investments and
especially OF the expenditures which the same disap
pointed parties have made. win attempt prove
their error but with safety be said that, If the
district is all sansune friends have claimed,
the course pursued by Atlantic mine in IL was
such that failure was inevtabie but u must be under
stood that no sensible has claimed that every
ledge or boulder of rock in the district could be
made valuable mine. Most Of the investments were
madc on q Of excitcment, and showed reck-
lessness that can only compared with the Wild specu
Many Of tho .siucs' purchased by New Workers from
sharpe.s hailing from this district had existence
a all save on paper, and many others among
very poorest In tho DISTRICT but BY The aid OF fass
assays professors' reports, and specimens stolen
from other mines, and the gulbiny Of and almost
mania In your city three years ago for such property,
little dnlcully was experienced in selling mne-and
the purchasers also need not say that those who In
vested in this class OF mining property never have real
ivad Wilf realize cent from tnor invest
mentA
New Yotkers were bogus, but she contrary. these
parties here at least ny Of ~ rich silver mines
Is the world has ever few have already made
iousy expecting promised dividends and that nvcsixths
Of them thus realized their expectatons 10 due
almost entirely TO their own most
here the following programme for working 70 was
adopted In New York: MIL machinery WAS purchased
extremely expensive lsthmus route. With hardly an
xcption this machinery either wholly or partially
unnt for the mines or this district and 70 superntend
knew OF mining and the duties Of supernten-
dent OF than plantation negro about conducung
Newspaper or course such man, however honest ana
trustworthyand for these last qualities he had oiten
bet appointed and relied upon-was necessarily dead
fea and S snS oSsr very heavy
penses came also, and give, give was tne constant
cry upon shareholds pockets while they bad ioSll,ny
expcceed that the how Of money would 30 Immediately
the other way. Sometimes II took only about three
sometimes six months but in nearly every case year
fully panned out' (n mining parance the patience or
sharcholders and they recalled their superintendent IN
disgust blaming him. blaming the mine, the seller tne
country--everything but themselves, upon whom the
blame must rest. The most Of these mines and mills
are now lying idle, waiting until the owners IN your CITY
make up their minds for another start.
Having pointed out the way New Workers set about
working mine, let me show how practical men on
this coast set about this business First, they never
invest In one until the original dscovcrers and owners
have opened AZ least orty feet below the surface or
TO the water line. This enables them to tell whether
there really s true vein LEDGE whether the sur
face showings merely local outcroppings, or
pockets When they satisfied that there is true
LEDGE the next step 10 10 test the rock by working
assay and see how pays To do this thoroughly they
DO not 20 thumbng the rock taken out and select
few rich looking pieces and take their assay as evil
dences Of the value Of the mne but they take from one
TO three tons OF the rock without selection, and have
unincumbered, they purchase. practical miner Ia
then installed a. superintendent and not goldspcc
tacled professor or kd-gloved CITY clerk. mill Ia
not talked Of until some hundreds Of tons OF at least
have been taken out and ready for crushing Thon
OF from i've 10 ten stamps s purchased In san Fran
cisco, OF the most improved pattern for working the
/ peculiar 10 the district No idle superintendent
| or clerkl are employed, expenses are kept dowr
/ 70 the lowest figure, and everything goel
we'll In word knowledge, industry and coon
omy are the three chief requisites thai arr
brought 70 bear here In mining before Ia looked
for ~ they are in every business under the sun aut
because they neglected all Of the above regulates
necessary 70 succeea This assertion feel satisne,
they will even themselves bear me out In.
Think. = rule will not b. prudenf for thego con