Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1881-05-25
MINING.

The Great Industry of In Future.
The Chicago Mining Review is publish
ing some well digested articles on the SUBJ
ject Of the mining industry. We append
the following from that excellent journal !:
The rich promise that mining presents
from every field is one Of the most favora-
BILE and encouraging aspects in favor OF its
permanent future and its reliable import
nee that could be presented. Under the
most thorough investigation and the most
searching tests, our embryo mines and our
bodies Of mineral give the most satisfac-
tory evidence of profit and permanence.
Not only are the old locations, with the
single exception Of the Comstock, still
showing the most reliable character Of
vein and ore, where improvement marks
every step Of development, but there seems
to be no limit TO the new fields, ready to be
developed when a larger influx Of miners
or the demands OF q new generation call
for their development and their treasure.
Some have calculated upon the result Of
an abnormal mining interest which would
result in an unusual exodus Of people to
the mining districts, and an enormous
production Of precious metals resulting
therefrom. When we take into considera-
ton the fact that 1t requires both time and
money to bring q mine to the productive
point, and the production Of precious
metals in any great quantities is impossi-
BILE without the expenditure OF considers
BILE capital and years Of labor, it Is easy to
see that there is no danger ever to be ap-
pretended from such q condition of affairs.
There Is q law, as certain in its workings
as the law OF gravitation, which, accord
ing to the ever varying forces Of supply
and demand, preserves the equilibrium SO
essential to safety and success. Many in
dustries never can grow to magni-
tude and importance, but must always
remain dwarfed in insignificance, from
the fact that the field OF operations Is
cramped and limited. Mining has two or
three Of the strongest and most substan-
tial elements Of permanence and success
foundations that insure its ultimate recog-
milton by the right class Of men, even II
there should be o reaction and abandon
ment by the multitudes now seeking its
treasure fields. All the mistakes of the
past, present, and even of the future,
although, for the time, they may seem
disastrous, will prove in the end SO many
lights Of experience shining upon the
pathway Of success.
II is a we'll established fact that the
supply Of precious metal, OF gold and
silver, does not yet reach the increasing
demands Of the worlds commerce, and
during the last decade has not kept pace
with the growth and expanse Of the grow
ing trade OF the commercial nations.
The product Of this industry is so fixed
by the wisdom Of the Creator that it can
not be suddenly. in any great quantities,
thrown into the channel Of finance and
disturb its slowly changing currents. It
is well known that the mining industry in
this country has a field, already occupied
broad enough to furnish full scope for
years Of healthy expansion and the boun-
daries Of its territory has by no means
been fixed. Another important fact is
that its stores Of wealth are vast and
practically i~nexhaustible and will afford
supplies for years of active development
with undiminished product. Add to these
the certainty Of the constant and 0 n
tinued demand for what is produced, and
the Importance, the reliability, the profit
ableness, the necessity, and the immeasur-
able advantages Of mining as q regular
industry will be readily apparent, and its
modest claims for attention and justice
recognized.