The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1881-11-06


with many crosses of these AM
other kinds. The Same perfection ]
being sought in sheep, the represent
4 alive strains being found in th'
| Cotswold, Merino and improved
| Kentucky. It cannot be claimed
that Utah is the best place in The
world for stock raising, but she has
many requisites to commend her in
this respect. - e 5ysiH 80 z
IL MINING.
The great Tyndall has said: "In
matter 1 find the promise and pc.
tency of the future." In the re-
sources of Utah may be found the
promise and potency" of her flu
ture. Though mining has been pros
ecuted but a few years, marked pro-
gress has been made in this import
| ant industry. In the location Of our
minerals nature has been almost as
cOnSiderate as in making them rich,
varied and inexhaustible. Indeed
it is not extravagant to assert that
there are few places. if any, in the
world, where can be found within
the SAME area, so many valuable
and useful metals and metalloids,
which, from their extent, will
foster the growth of large and
permanent industries. For many
years, outside of agriculture and
the existence Of superior qualities
of coal and granite. no one had the
faintest conception of the various
and unbounded resources OF this
most favored region. With the adj
vent of railroads mining was intro
duced. Men became wealthy, and,
as is common IN the history of
mining sections, many were ruined,
and the country was brought into
temporary disrepute, not from the
absence of mineral resources. but
through the practices of unprin-
cipled men. In prospecting for pre-
cious metals many other valuable
substances were found. The I'M
expected finding of useful minerals
would cause others to recall similar
discoveries. Year after year-and so
gradually that these discoveries oc-
casioned but little comment-lt be-
came known that within the
boundaries of Utah could be found
in inexhaustible abundance the
materials upon which are based
a majority of the principal
industries of the world. When
their extent and variety are
fully comprehended it becomes a
matter of actual establishment.
The people of Utah themselves,
have no conception Of the potency
and promise" latent within the
depths of the snoW-capped noun
tains which guard their homes, and
husbanded in the valleys where they
reap the golden harvest. The future
of the territory depends upon the
awakening of the people to these
opportunities. In the few years
that have elapsed since the advent
of the railroad, Utah has suffered a
mining fever and its consequent
evils, but her star is again on the
ascendent and she now occupies an
enviable position among the metal
producing regions of the nation.
She can boast the best paying mine
in the Countrywide famous On
tario-which, from an origi-
nal outlay of less than a
quarter Of a million has paid
over S3,OOO,oO0 in dividends and
still pays a regular monthly divi-
dend of $4,000, besides carrying an
enormous burden of yearly eX-
penses, aggregating fully three
quarters Of a million. Its perma-
nence is a demonstrated certainty.
It is the best regulated mine in the
west, is making the most extensive
improvements, has the most superior
machinery, and every dollar ex-
pended is paid from earnings over
and above the sum given in monthly
dividends. Men of experience, who
are thoroughly competent to pass
Judgment upon such matters, are of
the firm opinion that Utah has many
such mines as the Ontario yet unde-
veloped. No one can see into the
earth, but the evidences in favor of
the permanence and extent of Utah's
mines are so overwhelming as to
enforce conviction. At present,
outside of coal fields, is al |
most wholly confined to the taking
out of precious metals, and while
the product is not as great as it has
been yet the profit on what is mined
is incomparably greater than was
realized when the yearly output
was larger. Mining investments
are now judiciOus, formerly they
were the reverse. The present pro-
duct marks the result Of q healthy |
and steady movement, free from ex-
in which every dollar
realized marks a gain on the invest
ment.
A healthy influence is at work.
The territory is gradually develop
ing more extended mining opera
lions which are destined to be per-
manent for the reason that every
advance is founded on as great a
as is consistent with the
industry. There can be no
fatal reaction while the influences
now operating continue at work.
To the miner no brighter prospect
can be offered than in Utah, and to
she capitalist in quest Of an oppor-
unity for safe investment she
stands alone in the legitimate spirit
with which her mining business is
conducted. The sound and unfail-
ng agricultural basis of the terri Z