Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1872-08-05
HENRY
or Massachusetts
THE YELLOW JACKET REPORT.

chief organ grinder, having soured y
on Sharon, feels, consequently. that
way on all connected with him, min
erologically, politically or socially.
The C. o. G. feels especially sou; in
regard to the Yellow Jacket mine, hay
ing lost heavily through reckless and
iniudlclous speculation In that stock
awhile ago. so now that the regular
annual report Is published, he goes AZ
ter that the toughest he knows how.
In his yesterday mornings issue he
gives a whole column to the subject,
commencing thus:
To the surprise Of everybody, the
Yellow Jacket Company has made a
report. The thing Is phenomenal. and
can only be accounted for by the fact
that this Is a Senatorial year. when the
conjunction OF mtercst and policy In
duces men TO be more honest than Is
their wont. Mr.. Sharon has carried
the reports Of the Yellow Jacket Com
pany around In his pocket for the past
four or five years, but for reasons read
ily to be Inferred he has evidently con-
ciuded to suffer this one to drop out OF
that ~capaclous receptacle.
Now, II the c. o. G.. will remember
right. the Yellow Jacket company
issued Its regular annual report at this
time last year, and his paper noticed
the same properly, and three or four
years ago he was himself personally
present as a stakeholder &C the annual
meeting and reported for the company.
Presumins the report to be correct, we
copied the same, and for two or three
days afterward the c. o. G.. was over
hauling the books at the office Of the
company, and a. he reported no wrong
In them, we presume he Of course
found them correct. He goes on to
tear the report Of superintendent lay
lor to pieces as follows:
"Our 1000 and l.300-foot levels
have been but partially p~rospected,
while on the l,400 and l,50O-foot levels
the quartz has not yet been cut into
Here Is an reproductive mine sinking
a distance of nearly four hundred feet
through what may reasonably be sup
posed valuable ground, prospecting a
little OF it partially and the rest no
at all-and for what reasons? Was It
simply to dig deep enough to find an
argument to undermine the Sutro Fun
ne1?-or was it only the usual play in
the favorite game Of freeze out:?"
Now, It Is evident that tho c. o. G.
Is entirely out OF place as editor Of
Jones' chief organ. He should be Su-
perintendent Of the Yellow Jacket
mine. He reminds Us OF IL Of those
f~orecastle or steerage navigators who
always knows better how 10 u the
ship than the captain does. He ignores
the fact, so painfully prevalent in even
the Savage mine, In which he holds
such costly stock at present,
that q barren belt exists gene
ra....J along the Comstock at q
certain depth, that explorations in that
belt have not proven successful or
profitable, aud the general desire OH
the part Of the mining men has been to
get below 1t, as In the case Of the
Crown Point. This idea ought to be
comprehensive to even a clam digger.
Thus It Is that the Jones' controllers
OF the Savage mine are so energetically
pushing their main incline down deep,
and at a rate which will soon carry
them away below the Sutro Tunnel
level, without waiting to thoroughly
explore tho barren belt, or even the
lowest levels already opened In the
mine. or course the stockholders in
the Savage will have to pay for these
deep and deeper explorations, the C..
o. G.. among the rest, but they will or
must all do so without grumbling.
The other mining companies along the
Coms,ock, In which the Jones Ring l,
interested are all doing the very same
thing, not stopping to eIpend too
many assessments In the barren belt,
but taking 4 deep stride below it to
where, judging from the Crown Point
developments, rich bodies Of ore may
be found. The Imperial Company has
followed this idea with success, and
with excellent prospect, o still greater
success when deeper levels are opened,
not waiting to explore the barren belt
at all, but passing It hundreds Of feet
at a jump. This 10 simply judicious
mining, and no extraordinary min
Ing freak" as the c. o. G. will per-
ceiye himself when he lets his nat
ursl good judgment resume Its
sway. Thus it Is that Superintendent
Taylor Of tho Yellow Jacket cor
rectly concludes his report as follows :
In conclusion, I will state that,
although We have thus far been unSuc-
ce,sful In Dur explorations be'ow the
l,000-toot level. We have very promis-
Ing Indications Of the existence Of ore
at greater depths ; and as we are now
TO open new levels, | hope We may be
as we'll rewarded for the time and
money expended as our neighbors have
been, after as seemingly fruitless a
search.
All sensible mining men will appre-
elate the force Of these last remarks,
considering that the Crown Point mine
Is so near by, and the prospects Of find.
ing ore at a similar or greater depth
are 30 good. The C. o. G.. must try
and keep pace with the age, and let
his ideas run beyond their present bar
rem belt, and even beyond the Sutro
Tunnel level. The Yellow Jacket re-
port Is i:sned in pamphlet form. as
usual, and In the copy furnished to the
q. y. u. It Is to be hoped he will now
proceed to criticize the figures given,
alter which We would advise him 20
show up the Savage report, and then
figure OH how soon he NAV get ven
OH his investment In the stock Of that
m|ne.