Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1881-10-09
FAIRS BIG SUCTION PUMP.
Blowing More Dollars int the
COmstock Hopper.

COmstock Hopper.
New York Stock Report.
Senator Fair is pushing the work on the
suction fan which Is being put up at the
mouth Of the old Con. Virginia shaft, and
which is expected to remedy the evils nov
existing in the ventilation OF the northend
mines. It will be fully 80 feet in diameter.
The shaft Of the fan is supported on -four
heavy iron pedestals, over Is feet in hight.
These pedestals stand on solid foundations
Of masonry, and will be strong enough to
withstand the strain of q high rate OF
speed. The suction power will be very
great.-Exchange.
Uncle Jimmy's great forte Is suction.
and he seems to be able at any time to
create draught enough to blow more dol.
lars into the Comstock hopper. The
most-needed ventilation ct present 10 a. to
the methods used to create these periodical
booms," by which people are constantly
being deluded into the belief that the
bonanza is approaching.
Sixty-ive millions Of dollars paid in
assessments, and as many more millions
lost by purchasers OF stock, which has most
ly gone into the pockets of the select ~coterie,
who have been the only ones to realize
anything from the Comstocks, is the
amount expended in q so far ~fruitleGs
search.
The Comstocks will never peg out a.
long as the great assessment suction mill
is able TO find grist. The same amount Of
money that has been thrown away in the
Comstocks, if used in extracting the ore in
/ sight in our many partially developed
mines, would no doubt have realized i'm
mense returns and been of i~ncalculable
benefit to the mining business.
Even should the bonanza be discovered,
it is very doubtful whether there would be
such great profits from working it at pres
ent depths, and the chances are that at most
but q very limited area OF territory will be
benefited by any product from it. There
would be some collateral benefit in the
rise OF all these stocks, but in the end, as
with the previous bonanza, the great ma
jority of properties would receive nc bene-
at.
San Francisco has gone to the "dogs"
in mining in consequence Of the repeated
manipulations in these shares, but very
little seems to have been learned, and the
mass Of people continue to be humbugged
and keep on paying their assessments like
little men. They can't lose as much AZ
they did. for they have not so much to
lose. The attempt to draw Eastern peo-
pie into this Comstock maelstrom will
fail. A little venture for a rise, 8 fall is
made now and then, but there 10 o gen.
eral conviction that there is nothing in the
Comstocks. Take away the power to as
sess and there would be no further move
ment in them. They live to assess, and
assess to live.
There are other Nevada properties which
have seemingly inexhaustible ore reserves,
and are showing it month after month in
the shape Of dividends.
The sbsurdity Of Sierra Nevada selling
as il did on Tuesday last, at the same price
as Eureka Con-, $26 80, the former with
out ore or any tangible prospects, and one
Of the heaviest assessors, while the latter,
piling dividend upon dividend, without q
sign Of letting up. is too manifest to admit
Of argument. We believe that even the
Bonanza firm have made more money from
stock "deais" and "booms'' than they have
from the product of the mines. Let them
go ahead and spend their own money on
these mines, and let all their powers Of
suction be directed toward their own
pockets.
1t is a truly painful state Of affairs II
there must be Q "boom". in Comstocks
every time Uncle Jimmy puts on his over
alls and top-boots.