Fayette County herald. [volume] (Washington [Washington Court House], Fayette County, O. [Ohio]) 1860-1???, 1874-07-30
]. BLAME.
Speaker of the House of Representatives.
MATT IT CARPENTER
The Romance of Silver Mining
Correspondence Cincinnati Commercially ]

correspondence C1nC4Audbl COlHluerCldlI
Beadle, of tile Cincinnati CONNER
cial, in writing up the silver mining
business of Colorado, speaks favora-
bly, of the Pulaski mine which is own
ed and operated by q company princi-
pally from Fayette county:
GEORGETOWN, COLORADO, July H. 1874
Are there any Ohio men who
purpos to invest in Colorado mines
If SO, perhaps few notes on practi-
cal mining may be Of Interest to them
especially when accompanied with
cautions. One has to 'Ewalk Spanish
in treating on mines anywhere where
there are mines for sale; and SO, not
to appear invidious, l will be careful
to use as illustrations only such mines
as are already sold to Eastern compa-
nies, and so not for sale by any one
here. There have been cases in which
both the mine and the buyers have
been "sold," the latter most shameful
ly; and some Ohio men, mostly I be-
lieve from Portsmouth, have lately
furnished an example. They came to
buy a mine known as the ''Chester
County, the wners thereof showed
them the shaft and workings of the
Dives, one CT the richest mines in this
district, which happened to be idle
just then, being in litigation. The
''shoW" of mineral in Dives captivated
them, and they purchased; the real
lode, Chester County, was seven feet
down the hill and u comparatively tri-
fling affair Let the buyer then be
sure that the property he sees is the
same described on the Recorders
books, and transferred to him. There
is occasionally dispute as to the ti-
tie of mines, but no more, believe,
than as to the title to land in Ohio.
But there is this difference: A new
conner from the East can not distin-
| guish between different Iodes. as he
could there between different farms.
But where purchases are made with
ordinary business caution, and follow.
ed up on business principles, mining
here is just as legitimate a busines as
dealing in corn or wheat in Ohio. And
just now the mines of this (Clear Greek
county, and particularly Griffith Dis
trict, are growing in favor; and near.
ly all the companies that have lately
invested here are making handsome
profits For instance, the English
company that invested half million
dollars for the Terrible mine, have ad
ded two hundred thousand dollars
worth of concentration works, and arc
now making clear profit of ten thou
sand dollars per month-nearlv TWEEN.
ty per cent on their investment.
Tunnels constitute class of invest
ments just now attracting considerable
capital, but though the profits NAV bt
immense, think the risk rather great
er than that Of investment in devel
oped mine, The ordinary tunnel i.
run by the owners of particular min,
to strike that and no other its advant
age being that all the ore can thus b.
taken out down hill instead of by shaft
and the mIne drained in the same wav
The next larger kind of tunnels i!
where the owners of several mine.
which lie parallel along the mountain
side, run one tunnel to cut them all al
the lowest possible depth. But til,
tunnels IN which Eastern companie!
usually invest are still more extensive
undertakings. Prospect tunnels
they are usually called; the engineer
selecting some mountain known tt
abound in silver veins on which gen
orally several mines are already open
ed, starts the tunnel straight for tn
center, to hit whatever comes in tn
: way. The mining law give tunnc
. company five hundred feet on any lod
they strike not located and recorded a
the date the tunnel was commenced
E Such is the written law, but the burdel
,; of proof is on the previous locat or t.
show that his lode is the one struch
+ and as the tunnel is apt to strike hun
dreds of feet below his deepest work