Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1875-01-06
wr-R MINING lNTERE3T9t
NUMHER ONE.


Name Remarks ON e0e ffeSeut NOWs
atsiou and Tusare Prospects 81
our Mines.
The business men of a town whose
growth and prosperity depend mainly
on agriculture, know little Of the anx-
icus uncertainty which not infrequent-
" bssets the early mercantile and min.
ing settlers, in q district where the
quartz lodes, on which its whole future
is p~redicated, have not been subjected
to the test of actual development. A
farmer can always estimate, in ordin.
airy seasons, how much his land will
yield him in money under a given sys-
tenn Of management, if no great fuc-
tuations occur in the market rates OF
produce, but in mining adventure the
case is very different. The miner may
regard himself as an expert in the
matter of "indications," and yet, by
reason of his not being able at any
moment to see three inches into the
solid ground. may again and again be
brought to admit the truth, at least to
himself, that the longer a man mines
unsuccessfully the less he knows about
mines. 1t is the successful man, who
by some fortunate step has been put in
possession of treasure hidden away in
the earth, that is confident and boast
tul of his skill, and often his conf
dence leads him far enough in new
ventures to bring him down with a
crash once more to the level Of I'M
taught and unknowing mortals.
The promise and potency of life,"
in silver-bearing lodes, are not always
realized in such a manner as to admit
of a figuring up on the credit side of
the account in dollars and cents. On
the contrary, the balance is frequently
on the debit side, and no men are more
ready to admit this fact than those
who for years have struggled in hope,
and battled with poverty and priva-
ton, before success has been pleased
to smile on their efforts. The pro-
gress made in mining business within
the last few years, particularly in the
western part of the State, affords con-
elusive proof that where large capital
is employed in skillful explorations,
II 1Otul lAs, III VIC deSACSotSs arc ii
greater than in any ordinary business
operation. When the market price of
a single mine has in one year gone up
from $4,000 to $50, 900, 900, and when
within that period men who had pre-
viously worked for wages have real
lied fortunes of from twenty to forty
million dollars each, the immense
prizes to be drawn in silver mining
come fully into view. Hidden away,
of course, eve to be heard of, are
hundreds of ruined men and women
for every successful operator. The
great fish have devoured the minnows
and grown bulky and frolicsome on
food so appropriate to their natures,
and yet all the while, too, many of the
mlnnows have grown out OF their orig
inal position, and now regard them
selves as fully capable of beginning a
life-work of gobbling up their fellows
who have failed to escape from their
primary condition. The ALLOWING
charity Of the genuine stock operator
is all-devouring in its tendency, and,
unfortunately tor the unwary adven-
turer within his reach, he is possessed
OF tentacled members, which enable
him to touch, embrace, and assimilate
his victim with a grace and ease pecu-
liarly his own.
1t has been limited by the Enterprise
that the great discoveries on the Com
stock lode will have the effect of check
ing investment in outside districts,
more particularly those in the eastern
and southeastern portions of the State
thai are distant from railroad facilities.
This is true, within certain limits; but
as these wondrous Developments are
certain to bring an amount of home
and foreign capital into mining business
far greater than anything we have ever
dreamed Of before, UNEMPLOYED dis
tricts will ultimately receive a share of
the funds so applied. 1t will only be
in the case OF mines Of great promise,
however. that this aid will be secured,
and the best thing that a be done
with mining locations that are far dis
ant from points of supply and are not
likely to become productive without a
heavy outlay, is to abandon them at
once. Such mining districts as Eureka,
White Pine, Ely, Typo, Belmont, and
Reese River, that have within a few
hundred feet of the surface produced
quantities Of ore to justify the belief
that at greater depth large, permanent
lodes will be found, ought, in the long
run, to be benefited rather than in
jured by developments in the west.
The question of permanency will in
such cases be raised at the outset, and
it is well to meet it in each instance in
a fair and candid spirit.
II Eureka Permanent
As a mining district? The question is
one Of great importance to every resi-
dent of our town, whatever his en-
ployment may be. If we are building
fine halls and stores. that will, in a few
years, be surrendered to the Indian
and the coyote, it is we'll to look the
approaching calamity boldly in the
face; but, on the other hand, if it a
be shown that no risk Of the kind is
being incurred, then can we go forward
in the making of real improvements
without q doubt as to the securing of
an ultimate reward. The develop.
ments made in the mines of Ruby
Hill, during the past year. prove, in .
very conclusive way, that in the Base
Range we have lodes that will stand
the test OF deep working. 1t is true,
our mines are, as yet, on a smaller
scale than those Of the great, silver
ribbed west, but oven our bonanzas can
no be Sn0eZed at NV n ('Om StOcE lord