The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1868-03-24
Gold aud SILVER Mining ~ In oCcupd

The business Of gold AMI silver mining,
though comparatively neH in our Paci.
iic states and territories, and although il
has had great natural and scientific OBJ
siacles to encounter and overcome, has
nevertheless attained magnitude and
Importance, worthy the attention Of our
best minds
Eight years ago this winter when first
we walked the gol 'tatcs OF California
and Oregon, the latter was scarcely
known as a contributor 10 the stocA Of
precious metals, and Nevada was only
Just beginning To stir the blood of the
hopeful miner, and the Pulse Of the bold
capitalist
Now Oregon exports yearly over 50, e
900, 900, and Nevada $1,000, OO0. -
Nevada, the silver State, youngest among
the sisterhood, enters upon her new digs
mites Il c'oNncd queen. In eight she TT
years she has climbed, by silver steps, to
a prominent position in the eyes of the
world and in the hearts Of the American
people. Her mountains of silver yield up
their wealth steadily and increasingly,
and the Golfers of the nation are replcn.
i-i,d
i the language Of Mr.. Horace Greeley
it may be said, "l'he young and Il ,uri,h-
ing state of Nevada, as a mineral field, is
justly entitled to be placed in TIE front
rank !'rlor to our return voyage in
1863, VIC were convcrstnt with the fact,
that single express company tran ported
from Virginia City alone, an average of
.fitytiousam dollars IN b,dhon, d,ply. Now
the daily average ira spOrtcI to SnnF'ran>
cisco, and thence TO New York and other
Cit 8, considerably exceeds sixty thou
SAID dollars
The positively immense, almost incred-
iblr. undcveopc'l resources, of lii. silver
mining regions of Humboldt e Washoc.
are ameng the most cnvcd investments
OF European and American capitalists.
Is SILVER MINING A LUCRATIVE BC sGNrss
When we consider that these gold and
silver mines yield annually in round num-
bcrs 0He hHwijrd mAi9a dold,s. we can
not resist the conclusion that mining is n
steady and profitable business, and that
numerous companies AMI thousand, of
persons are engaged in it successfully
SO many thnuS:,nis inIood ;lat wore fine ,
TO take the same pains TO chronicle IT. lii.
success and monthly profits, as other. do
to circulate their vague AMI unsubst. Mia
ted dcnunciations against " hat they nm
dcrstand as mining, the people wu,.ld Oh
tain just conception Of the vast wealth
OF our Pacific States. They who bcs,
know the value of good mines well worked
are Sieofy realizingi they neither talk
nor write. Like the dog with rich bone.
they don't even lie people to be looking
lnquiringly and cour ing the incom. re.
turn. Unfortunately one man who has n
loss to tell ct, like one whose head gels =
crack in crowd, makes cutlery more than
a hundred men whose heads have un,
been hur'. Nationally, what do we no,
owe to the gold and silver mines Of Cab
furnit aud Nevada. Al other industries
IN the Pacific States are an ontrrowtb
from her gold and silver mines. Take
them away and the whole Country. IA
well IS her magnificent and growing cities,
wou.d retrogadc. The production of the
precious metals is the talisman which
,tartcd that coast into life and will slim
nlate It's growth as year after year rolls
around. The report of the president Of
the Savage Mining Company, for the
year 1867, shows the eros. nrn,luct
during the year at 50, 900, 600 in bnlion.
In the twelve months the mine returned n
clear profit to It's owner in specie, of 81.
~, Goo leaving balance in the treas.
ury of 81 -, POI. There was extracted
and reduced from the mine during the
year, 60, 900 tons Of ore Of al classcs
The Sc ores yield an average rate of al, OF
per ton. The total and entire cost of
mining and milling, and CONVEX ins 10
bullion was s2l,9j ner ton,
This mine is silver mine. located
near Virginia City, Nevada, and was first
opened and worked, | think, in 1862.
The gross product of the mine M TO last
July, was Sc, 5l3 3SS. Though the ores
Of thi- mine are lean, yielding no more
tran Sil,G7 per ton, yet it divides the
very pretty sum above mention d, doubt
less because it is judciously and honestly
managed
THE COMPARATIVE ADVANTAGES or GOLD
AND SILVER MINING.
What gold and silver mining asks, and
it asks no more, Is far and honest rep,
resentation. There are gold and silver
bearing quartz mines enough on the Pa,
ciic sl,pe. to make it a permanent de-
pendcrce for centuries. Every business
has its risks Taking the actual results
of cold and silver miliug, pursued as a
regular business, l am confident that it
will be found to have less risks in propnr-
ton to the profits, than any other business,
wherever 1t has been conducted with
equal prudence aad economy 1t is free
flom the risks Of close competition, over
importations, dull markets, dead unfruit-
full seasons, changing fashions, remnants,
bad debts, and the worry of a hundred
detail annoyances repeated daily from
mutitudinous doings. tits not one season
you make and another you lose If you
have good mine in regular work. and