Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1881-11-11
MINING As A BUSINESS.

1881.
Mining has been regarded generally bv a
ma oritv of people something to be added
to another business, a venture to be invested
in to take care of itself, be left to the
management of others. The results of min
ing un'ier the circumstances, and with the
means and measures used. are certainly mar
velous, and they also indicate what may he
accomplished " hen the best means are secur-
ed and put into use. business that has
been but half adopted. and half attended to,
| which can make the showing that the mining
industry of this day can do, in the way of
substantial wealth and real value, certainly is
worthy of the attention of good class of
practical, energetic men. backed by skill and
capital. Mining not only builds and peoples
the waste and desert places and adds a real
enduring. ndcstructible stream of real wealth
to the treasury of the nation, but also quick
ems and viializes the forces and pow ers, and
strengthens the foundations of every other
business enterprise of the country. Capital
is the nations right arm of power, and bull
wark of strength and security in the time Of
war or peace, and mining furnishes this most
directly and most rapidly. This producing
force is strengthened by its own growth and
Development Let a double yield he gather
ed from the grain fields of the country and
prices fall, hut let our mines throw double
portion of their product into the arteries of
trade, and values increase in every depart
ment of business activity. Mining. true and
la,;,;ma,e = tho cre.,ion of ENDURING we.lt,
- ;,s snrcnss ,rh.r Iav.Janod .s h,s;
noss .;lI ,ou,.h and o,;cter with its v;,.I;z
;no f,r,. III. sIno,;.h nulsa of overv human
activity to the remotest bounds of civiliza
ton. Where a party of gentlemen posses
ses themselves of a mcritorious mine, en-
- sL;IlaJ l. boz n,.naaas Tho oaa;,s of tho
,,,,anS ho,a.,,, a,J a.,nnu;..ll, .s ,b.v
on,,h, and n,tur.Ilv wnuld n mercantile or
tani,;,s, ho,so ,hora i NO ayanns now onion
far the Investment of money where il will be
s,f.r tho retrrrs laryar moro enduriny and
nermanent than in mining. Granted there
ara f,;lures !, mining So therc are in hank
;,, m.rcba,1;,;ng and in everv other trade
nror.ss;nr or c,lI;ng IN which mon d;rect
r. a,,an,;nn and ;,,ss, ,bn;r money far
,.;n I'm, s,ar, r;,I,, and lean right under
,ha ar;danco Of nxn.ri.nced Lowell headed
h H." ,'haar,od business mon and mining
,aLos , from, r,nL among the best enterprises
I'll, r,,, ;r,.os, ,bo;r oh;I;,v e,argy and
a.,;,aI ,,larc. n, g., lii of dividend. nav
=; I,.;,'.I S,a,.ss st.,,.;n, ~.
.', " a;, 80 s,onLholJors w;II aftord the
;n",,;,nr %, ,nnrox;m,te ;de, of the epor-
49, s,,rs If mnnev that have baen divided
80, n,;na nwrers raarI;pg far nm i, To
.. ALI;
W" NJ; - -, ,,,,,or ro,-or,..l n. n snecula.
aia,,on, L,t a.. an. of IN. ;mpor,ant in.
~ - IS ,he cor,,ry in which
u .n rs "nu ao5 d;ssr.o, business mon
Wv ~ a., ,'la,o ,ha;r money for nermanep,
.. "a ,,,. I,rgo ,,,,prt of bus;
,oss nov, bs;ng Iope in mining stocks is an
Il" -, .,,;5orca Of tho hold il has on nnb
s,,,,,.a .nd mon Win re,dv money n,
~. .,o .o na and tho l.rge and reguIar
1,;,ar1s rore;ved il tho host proof possible
w u. ny n;.',o,, of sncb inves,ments
nj IT,, ,i;l, D;.,rict summit Countv
O. ,,,s, nnw ia rho centre IF attraction In
-. 49, ;,,.ostnrs .pa onar.,ors
r. ,;.,.;,, ,I;s re,r will give an ou,nut
e 80 oon 600 frn,, boIf , dozen mines and
~, 600 GOO = c,n6dsn,Iv exnected next year
- oa',r,.as ,lra,jv onened
; The Poh;rson Mine. located at the base of
sheen Mountain. alone is contributing about
700 tons If ore weekly. The editor of the
IeadviIIe Mining Index recently visited the
mine. and saws I'VE inspected the spark
f In, s,ones nf ore recently opened in the
IL III soro,,b leveIs Rrea.,s of ore rang.
mo f,om ton n twentyfy feet in height.
~ bmrdred f.et in length each. are dis
"inssd % v;aw shining like niles of bright
silver dollars. into which It must surely soon
4 ha converted The eighth. or lowest level.
shows the ore body TO be in its full
s,reng,b ve, and it is doubtful if one half OF
, ,ho on,;re resources of the Robinson have
haan orened nv the present exploration and
4 Jeve,opment work. which already shows
thousands Of tons Of ore of high grade
i The stock of the Robinson Mine is now
so,i;n, a. siI 90 ner share. and many of the
. mos, Conservative mining men in the conn
w. th;nk i, i. soon TO reach $500. The
"Roh;n.on" il unouestionablv the biggest
nine in Colorado to-day.
Another mine has forced itself into promi-
rapce within few weeks. that of the
Cbamnion located in Ten Mile GuIch below
the Robinson. The ore from the new strike
~ ,t,;s min. shows wire and ruby silver in
rr.a, ahnnd.nce The character of the
n,;nar,I !. quartz with xalena. the ruby
usnallv beinv found in the sulphi,ie of lead.
and the wire silver in the sliceous portion OF