The Mineral argus., 1883-09-13

opment Of the mining industry has re-
ceiyed a blow which will retard and set
back the tide of its Advancement a
decade Of years. The current of capt.
tai that was eagerly seeking mining
investment has suddenly changed its
course, and the volume Of human
energy that was seeking this most
promising field was met by he cold
wave of falsehood and disappointment,
and diverted into other channels. The
mountains Of worthless stock, and the
memory Of some rich claim with high
ASSAY and wonderful vein, sickens and
turns away the hearts of thousands Of
innocent people, when the most advan-
tageous and positive inducements are
offered.
A new dispensation must be %inaugur-
ated, in which the real and substantial
value of mining operations must be
shown from substantial output. Relia-
BILE management and business % like
methods must come to the foreground.
| Production must be the w%atchwOrd and
the sole object of every effort. Legiti-
mate development and substantial m
provement must become the rule.
Permanence, Honesty, Solid Output
must become the basis, and continue
to be, to restore public confidence and
vindicate the true character of the great
industry of mining.
One other important factor of success
must be recognized rs it never has been
before, and that is the local and mining
press. So far the industry Of mining
has been independent of and indiiler-
ent to the just claims of the papers
that have been faithful as s%entinels upon
the walls, and have heralded every
advantage Of their localities to the
centers of capital. The time has come
when this neglected power must be
utalized to drive out the shadow of
reproach that has fallen like Il thick
darkness upon a most promising indus
try. We may safely say that the future
of hundreds of mining camps depends
more upon the character of the local
paper, and the use made of reliable
Journals devoted to the mining interest,
than upon any other factor of influence.
The above will apply only in part to
the Warm Springs Mining District.
Although but three years since its loca
ton, in which time cores of prospect
holes have been dug and a number
of shafts sunk, and in nearly or quite
every instance a good paying body Of
ore reached, the opportunities and
advantages to issue stock and dispose
of the majority of their prospects
had no thought with our miners for the
very reason that they knew to sell was
taking bigger chances At loosing than
to buy.
The majority Of miners and pros
pectors here have spent the best part
of their days seeking the precious
minerals, and all having claims here
value them as good as cash in had, nor
will they part with them for what
would seem a fair price, but yearly
perform their assessment work, and
every foot sunk demonstrates the fact
that they cwn a mine, and ore that
they cannot afford to "stock" for a few
dollars. Miners from all parts Of the
country that come here and look over
the various leads, prospect holes, and
outputs, invariably make camp" and
are unanimous in the assertion that the
ore found here is superior to any they
have seen.
Capitalists from various points have
sent their agents to look over the
ground, and in several instances tina,
We could mention, have offered what
they considered a big price, only to
be refused This part alone, is what
has retarded the growth Of our camp
and the rapid development Of mining
property here. But every miner has
the night to dispose Of or retain his
property so long as he does the required
amount Of labor per year, and If he IS
confident hat the offer made him is
less than the property is worth, none
can blame him for declining { sell.
Although Fetarding the development
and staying the capital that would be
invested here, II IS only for a short
! time, and even now capital is coming
this way and will eventually pay the
! price asked by the owners d mining