Knoxville weekly chronicle. [volume] (Knoxville, Tenn.) 1870-1875, 1875-01-06
RICHEST MINES IN The WORLD.
The Engineers Estimate of the Rtch
bonanza.

bOuNuEhs
The San Francisco Chronicle of the
23d, contains an interview with Mr..
Diedesheimer, the Engineer in charge
Of the new silver mines of Nevada
and California. The interview was as
! follows:
Did you 80 through all of the
mines-Consolidated, California and
| Ophir?"
mo; through Consolidated Virgin
la and the California drifts. After
seeing them man don't want 10 see
any more mines ."
What do you think of them ~
Well, | hardly know whether /
ought to say if do, people will set
me down as "A crazy man lust as they
did when, "a couple of mouths ago, /
told them California and Consolidated
Virginia would go to $500 before the
close Of 1870"
But the readers Of the Post would
like to know anyhow; they can draw
their own conclusions"
well, nothing like these mines has
ever been seen, or heard, or dreamed
of in the world before. They are rich
er than l can tell.
How rich are they? n
Well, there Is one pillar i'm the
Consolidated Virginia that contains,
according to my calculations, seventy
million dolars.n
Seventy million dollars! That is
enormous
Yes, but that is nothing. | tell
you that nothing like IL has been heard
of or dreamed of before, and when
man goes through the mine as | have
done, and makes his calculations, the
result is simply astounding"
Well, what is the result Of your
calculations
Allowing 500 feet for the depth of
the ore body, l calculate that there is
in these mines 81, 500, 600, 900 worth of
bullinn.n
But is there any justification for
believing the ore body extends that
deep"
" II has already been exposed to the
depth of 200 feet; and from the unfail-
ing indications horizontal and vertical
exposed by the different cross-cuts-
indications Of the kind which have
marked every body yet found on the
Comstock, and every other body of
which | know anything-T am salts
fled that the depth of ore body will far
exceed 600 feet"
IN THE CROWN POINT
the ore in the widest part was but les
feet and not over $50 feet in length. yet
it went to the depth of 500 feet. This
ore body, as we know now, Is at least
LOO feet long. The depth of an ore
body is always proportiOnate to it's
length"
but fifteen hundred millions is an
enormous sum"
Il" | know il il. But there has never
been anything like this before. 1t will
not be long before experts and mining
capitalists will be fiocking from ali
parts of the world to see this wonder
full bonanza. Flood. O'Brien, Mackey
and Fair will be the richest men in
the world
Richer than the Rothschilds ?"
Yes; richer than any one in Eu~
rope or America. 7 don't know how
rich the Khedive of Egypt is, or how
great some of the great Indian or Chi
nese fortunes may be, but these men,
in few years, will be richer than any
one in Europe or America, not exclu-
ding the Rothschilds."
What prices do you think these
stocks will attain"
" Well, you can judge for yourself
from what have told you; but / am
satisfied that it will not be long before
people will be talking ofthousands in
stead of hundreds
Are you interested in these mines,
Mr.. Deidesheimer 81
Yes ; l have some stock and have
ordered some more this morning; but
| have nothing to what would have
bad If my friends would have acted on
the information ! gave them months
ago. beginning when California stood
at $50. Consolidated Virginia at $40,
and Ophir at S3S. Now California
stands at $50, Virginia at $500, and
Ophir, including the Mexican divi-
dend, at $224."