Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1883-01-06
THE STATES DEPRESSION.
Some of the Blunderings that Have
Lead Tllernfs.

1Set%
Il. i. George, editor of the Lewis Her
aid, returned home recently from a thor
ough inspection of the mining coun
try in the southern counties of Nevada
He is a very intelligent gentleman, a prac'
tical miner and a very close observer. HI
gives in the following article some very
useful hints. A representative of the
SENTINEL lately finished a tour Of the
State on different business from that which
occupied the attention of Mr.. George, but
he did not travel with his eyes closed. He
saw enough to make him appreciate fully
what Mr.. George says, and the article OF
this gentleman is heartily commended to
our patrons for perusal. Mr.. George says:
During our trip through the southern
part of Nevada we were surprised at the
number of reduction works that had been
erected in the different mining camps and
lying idle, monuments of folly and mis-
management. If one-fourth the amount
of capital had been expended in explor-
ing the mines that has been wasted in
erecting those expensive works, our State
would to-day be the greatest bullion pro-
Queer in the world. Valuable mines are
iyLh6 1ul0, WulCu, IL WOTkou Ou lcSltiuIdto
business principles, would be dividend
payers, but useless expenditures and gross
Encouragement have caused stockholders
to refuse to contribute any further funds,
and the mines and mills have become
ALMOST u~ninhabited, where heretofore all
was life and hustle, and not on account
OF the merits or demerits of the mines,
but simply for the incapacity and make all
You can for yourself management. Nevada
has had wild cat and stock jobbery"
enough. While our neighboring mineral
States are enjoying a season of prosperity,
Nevada is undergoing a season of dizziness
unparalleled in her history, and through
no fault of her mines or mineral wealth.
We believe that our State is the best min
eralized State or Territory in the Union, if
properly worked, and in all our principal
mining camps it has been proven beyond q
doubt that our mineral veins are continued
to as great q depth as in any other country
in the world. Then why should so many
of our mines be lying idle to-day? Let any
person who has been a resident Of those
camps answer the question. Is it through
the mines giving out, or on account of the
poorness of the ore? Can they truthfully
say yes in either case? There may be some
few exceptions, but the greater number
will have to be laid to the ~incapacity of
the management and useless expenditures
in salaries to non-producers. How many
mines are there whose payroll for miners
and mill men equal the amount paid out
to supernumeraries, many of whom have
never seen a mine, and know no more
about mining than a COW does about
handling a musket. Mining can be made
a paying business, and will pay a larger
rate of interest on the amount invested
than almost any other business, but must
be conducted on the same business prin-
ciples that any other business is conducted
on, then, and not till then, will our State
return to its old time prosperity, and it
should be the endeavor Of all interested
in mining and the welfare of the State of
Nevada, to do all in their power to en-
courage legitimate mining and discourage
wildcat schemes and stock jobberies.