The Montana post. [volume] (Virginia City, Montana Territory [i.e. Mont.]) 1864-1869, 1868-02-08

alone the resource of the country, NO re-
turn flow would De necessary but there is
another more permanent source of wealth
requiring large preliminary expenditures
and calling into requisition class Of
men having capital sufficient to prose-
cute it in a thorough and systematic
manner. The money remaining in the
Territory being limited to the actual re-
excessive rates of interest, those owning
property, however sanguine of it's value,
have been almost entirely precluded
| from developing their property. The
proper conduct of the business requires,
beside capital, time, practical mining
education and skilled labor. and in its
management the highest business quail.
iications will find ample scope for exer-
else. Thorough development of the
mines is considered by all practical men
an essential pre- requisite to guaranteed
success, and the necessary outlay to ac-
; complish this requires capital the pros
pectors do not have and that resident
business men cannot withdraw for the
length of time required without Grip
pling their established business. throwing
the privil-g" of investing in this branch
Of business almost exclusively into the
hands of outside capital. Like all legit
innate business undertakings.it requires
that the money invested should be. for
the time. sunk. The clipper loads his
vessel with merchandise. and sending
her out on the high sess, it is lost to him
for the time. The manufacturer invests
in crude products, and the amount Of
purchase is sunk unit! the goods are re
produced in other forms. The husband
man scatters the grain on the earth, and
it is. for the time. irrecoverabl-. Yet it
is in this way fortunes are made. II
there have been failures in quartz min
| ing, there have also been failures in
commerce, manufactures and husbandry.
Unseaworihy vessels, bad material and
unproduciive seed will work detriment,
and We opine that in no enterprise where
fortunes have been lost by reckless folly
has there been more systematic means
used to accomplish 1t than in quartz
mining. There il. however, q change
noticeable for the better, and in another
season there viii be employed fewer i'm
| practical men, less useless machinery
| La. IL MI nisa
first be- assured that they have true leads
enough ground in body to justify sys-
ien,atic development. and sufficient pay
ing quartz obtainable, before haZarding
enormous sums i'm the purchase. trans
porta,ion and erection of machinery
With the cost of I'm ordinary mill in
vested in developing Montana quartz
under the sup" rintrndencc of an honest
practical, good superintendent, the fail
ure ot any company In establish a sure
foundation tor a permanent and largely
rcmunerative enterprise, would be q re
suit not lelicved hy those most compe-
tent ts. judge, within the limit of ordi
nary possibilities 1t is from the cause.
we hayc STATED, hat our own people have
not more gen. rally devoted their atten
zion To this l.ancl of business. Could
:
year be TUNED into the development o
quartz. there would lie consequent sucl
an influx Of capital to follow up its de-
velopmcnts as no Territory has yet ex
perienced but as no such circums; ancc
is possible. WE must abide the more tard,
method of awaiting the partial return
! of our own product, and while selt-sus
, aiming, be still dependent.
|
MACuGaIsrs and scientific men hav,
been led by the frequent railroad acci-
dents, from apparently unaccouutab.,
breakages OF machinery. into in.uirins
into the effect of electricity upon irol
and steel 1t is said .hat magnetic nc
ton cuts the iron ut right angles. an,
that cold weather is the most favnrabl,
trr the action OF elec,ri,iiy Well wrough
iron is said, by its effects, to eventual,
become granula,ed, and lose all adhesive
power. swapping at some unexpected
moment like a pipestem. As an evi-
dence of the amount of electricity gen,
rated by rapidly moving machinery.
: writer in the New York Tribune make
the astounding assertion that, "Coult
the Tribune presses be isolated on
glass, and the electricity generated al
be gathered in a days running, suffi,
cient could he collected to terribl,
shock, if it did not kill, all the reader
; of its enormous weekly edition"
THE lovers Of the grandeur of natura
scenery will regret to learn that geolo
|. gists and attentive observers have deci-
|. dcd the days of Niagara, the stupenduou
. and magnificent. are numbered and linn
tied. 1t is said the great limestone for
nation. eighty or ninety feet in depth
over which the cataract pours 10 under
+ laid by shale fifty feet deep. and thii
{ again by softer shales and marls. Hal
mile above the falls il is said the rviel
has found q issure into the softer sub
stratum. and is gradually and surel,
J undermining the great fall. A stu
pendous change 10 not only inevitabl,
but near at hand. and all that will 70
, main of the peerless cataract will be ,
!; series Of commonplace rapids. Hit goe,
itgoes.