Pioche daily record. [volume] (Pioche, Nev.) 1872-1876, 1873-03-05
pIOCHE AND LINCOLN COUNTY.

pICCHE AND LINCOLN COUNTY.
The permanency and continued pros
perity of Phoebe is no longer questioned.
The doubts have all been dissipated.
Whoever predicts collapse exposes his
ignorance of the resources Of Lincoln
county, as demonstrated by present de-
velopments. But that we have wildcat
mines in the district-that some of the
companies figuring in the stock reports
and mining reviews will collapse-is not
only probable, but almost certain. The
wildcats are not, however, as numerous
here as many suppose. A great majority
of the Phoebe companies are working on
rich and extensive mineral bodies, which
will last for years, paying handsome
returns above cost of production; this
may be depended on, whether dividends
are realized by their stockholders or not
Rings, if not individual owners, will lay
up fortunes from the returns of them.
And We do not expect, as some do,
general stagnation in trade and a none
tary crisis when the bogus corporations
collapse. They will pass out of exist
ence, one after another, and scarcely be
noticed in their departure by the general
public. This conclusion is based on
what we know of the immense extent of
the mines of known merit. Their develop
ment progresses on a continually widen
ing scale. Between seven and eight
hundred feet in depth has already been
attained, and the ore-breasts have, as
rule, improved as downward progress
has been made. In the mines of ac-
knowledged merit the demand for addi-
tional labor will be constantly widening,
and as fast as miners are thrown out of
employment by the disincorporation of
wildcat companies, their services will
be required by more extensive opera
tons in the mines of permanent value.
We feel confident that this will prove
the case, from careful personal observa-
ton. And then there are in progress of
development a number of very promis-
ing unincorporated lodges which have
not yet been placed before the public,
for the reason that their owners are
working with limited means, and, salts
fed for the present with the assayer' S
tests, are determined to open them thor
oughly before commencing the reduction
Of ores. Some Of these are very promis,
ing, and much may be expected Of them
in the next year or two.
The contiguous outside districts, gen.
orally, are promising better than ever
before. More men and capital are en-.
gagged than at any previous period, and
development is being prosecuted on a
wider scale. Bristol and H ighland, here
tofore scenes of limited operations, will
in the future hold high rank for bullion
production and producing population.
But most gratifying and satisfactory OF
all Is the interest that is being felt and
manifested in farming and stock raising
This is at once an evidence of home con
fidence in our resources and our mos
substantial guarantee of future prosper
ity. Herds of fine stock are coming int,
the county, especially into the southern
lt,,ro
are being rapidly claimed by permanent
bona fide settlers. The time is not ia
distant when We will be self-sustainin
as regards farming products, which vii
be a saviag of tens of thousands of dol
lars annually.
The need Of the hour is new and NOR
extensive postal and travelling facilitie
to the rich mining and agricultural sec
tons of the south and east Two NOR,
stage lines and mail routes should b.
established-one to st. George by wa,
CT Hike, and the other down through
the valley of the Muddy to the neigh
boring mining district Of Wallapai il
Arizona. Their establishment is ONLY {
question of time, but the sooner we &c
them the better. A vast trade in thos,
directions may be secured by the bust
ness men of Phoebe.
We have said nothing about the hal
dozen projected railroads, as we wish t,
please the croakers, if such there are, b,
dealing exclusively with the practica
facts OF the present.
We know of no young city with NOR
promising future ahead of it than Phoebe