The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1875-05-24
COMMON SENSE FOR EMMA.
7, W. Pork and H. H. Baxter.

The Bennington Banner in noticing the
current rumor of the success of Mr.. Parks
mines in California, which are said to
have brought HIM seventeen millions of
dollars constituting him the fourth man
in wealth in the United States proceeds
to comment upon the Emma mine under
the above heading. 1t is written in Halsey
Cushman's best vein, aud contains much
of truth, and common sense We give the
main portion of the article
Of the immense wealth of the mines at
Panamint, owned by Messrs. Park & Co.,
there is no doubt, and yet taking what is
now known of those mines, and what was
apparent and promising in Emma mine,
at the time that Emma was sold to its Eng
llsh purchasers, Messrs. Park and Co., if
they had made II choice between the two
mines, for actual working purposes, they
would have retained the Emma in prefer
ence to the Southern California placer.
The Emma prospect was better than the
newly discovered opening. and it is ihe
opinion of experts experienced in Ammeri-
can mining, especially those who have
delved in the Little Cottonwood, where
Emma is situated, that if the owners of
that mine had sought to develop its re-
sources with pick axe and nitro glycciine,
instead of relying upon the easier but less
profitable English system of seeking their
reward in courts of chancery and writs of
complaint, that Emma would have, (and
yet wild prove lode of wealth instead of
"Beak House, whose specializing pur-
chasers follow the decentralization" of
GLOW not TO do it," which Dickens has so
admirably portrayed, as a leading element
in London character
Those of our readers who are acquainted
with the business manner and zeal with
which Messrs. Park and Baxter enter into
any enterprise which they undertake will
need no assurance from anybody that in
their hands everything means business
and nothing is allowed to flag or depreci-
ate because of any lack of true Yankee
energy.
For instance when they purchased
the controlling amount of stock in the
Panama railroad it was down to It's lowest
figure; and if the English purchasers of the
Emma mine had then bought the Panama,
its depreciation under How not to do it.
style of management would afforded have q
large amount of grumble, several law suits,
| but no profits or dividends. After a year s
vigorous attention, several journeys across
the continent, and their personal efforts to
put the right men in the right places,
Panama is to-day worth nearly twice as
much pr share as it was when Messrs.
Park aud Baxter undertook its manage
ment and conduction. All stock in
vestments are vcnturesome, but as between
the three-Pansma, Panamint and Emma
mine, the actual prospect and expectation
of that portion of the company who have
had the chief management Of them all, was
that Emma would yield the best return for
every dollar in money, aud every days
labor expended there. 1t is still the opinion
of the best judges that there is world OF
wealth hidden in Little Cottonwood, but it
can't be wrought by English law suits,
which most of all lackadaiscal tomfoolery
show How not to do it..
When Sut. Lovcngood's father borrowed
of passing OK driver CAD to fog Sut.
with, the lender remarked to SUIT IF you
will turn part of your yelping into darn
good runnin' you'll get oui'en that scrapC
all easy If the speculative middlemen
who have purchased Little Emma for the
especial purpose of 'yelping' will initiate
the vigorous disposition manifested in the
Southern California mines, they will be
quite certain TO reap richer reward thar
they are likely to reap in vexatious suits al
law.
Also, it is proper TO suggest at this time
that the gentlemen connected with the
opening, successful working and subse
quent sale of the Emma mine, are entitled
TO the trustful confidence of their fellow
citizens when they assert in their sworr
statements, what the facts will fully sub
stantlate, that at the time of the sale of thu
Cottonwood property it promised to prov,
mir, I,tat
all assertions of its prospective value
made by them; and that from their un
questioned conduction of the Isthmu'
route between the two oceans, and til,
equally successful and vigorous develop
meat of their immensely profitable mine
in southern California, that they believed
, then, what we think under proper man
agement will yet prove correct, that TIT
Emma is worth all and much more than il
American owners received for the property
But her value cannot De cOurted from her
any more than it could be from the south
ern California mines it will require a lit
! tie more labor and good deal less law thai
, the English spectators seem inclined t,
apply before any mining investment can b
made TO pay anywhere, and we have n,
doubt if the Emma mine was still in tn
, hands of Messrs. Park and Baxter, tn
, smelling works at Swansea would still
show, as they did when the mine was sold
that its productiveness was unequalled b,
any mine in the Rocky Mountain regions
Anyhow, it will be cheerful to our read
ers to learn the facts stated in the item a
the head of this article-and TO know tina
MIR. Park, who has earned his success b.
his indomtable energy, enterprise an,
genius, has recovered all and more than al
: of the private fortune which he has ven
tured in public improvements, or freely be
slowed in generous public or personal gifts
Our Vermont citizens will surely be gla
to learn of any good luck that falls to tn
lot of Hon. Il. w. Park or Gen. II. ii
Baxter, London brokers and second dealin
Emma mine spectators to the contrary
Notwithstanding.