The Black range. (Robinson, Socorro County, N.M.) 1882-1897, 1883-05-18

A company has just been organized
in Santa Fe, calling itself the New
Mexican Investment and Mining com
pany, which, according to the local
paper, has undertaken the biggest job
that any single corporation has yet es-
sayed since the world began. Its object
as stated by the daily New Mexican is
rs follows:
systematic prospecting can not fail
TO bring millions upon millions OF vast
ly rich mineral to notice in New MeXi-
co, which is rs yet unknown. or ut best
but guessed at. Insufficient money is Il
vast draw back to a successful pursuit
OF the business. A mine, however good
it may be, is but a white elephant I'M
less the owner has sufficient money to
develop and operate it. 1t is the object
Of the above company to supply the
want"
We who live in a mining country
have cause for rejoicing at this the final
solution of all of our difficulties. Here
are plenty of prospects whose only
want is money to push development
work and now a company has sprung
mp which proposes to fill all require
ments. The New Mexican says that it
is the only company ever orgrnized for
Ills purpose and that it will operate in
all parts of the territory. The article
.eads the reader to suppose, also, that
he company is Il charitable institution
operating solely for tie good of the ter
ritory and the assistance Of the Strug-
Cling p%ro5pector. This beng the case,
it will Of course make little or no dis
elimination IS to projects or prospeC-
tors, provided they are not shown to be
entirely unworthy Of confidence or as
s%istance. The cash capital of the New
Mexican Investment and Mining COM
pany is not given, but it must be large,
If it has a comprehensive idea of the
task 1t has chosen to perform. Here,
in the north end Of the Black range
alone, are five mining districts each
with probably one thousand prospects
on which to work. at a fair calcu-
lation S25, 900, some more and some less,
judiciously expended would prove the
yalueof each o fthese properties. An out
lay of Sl25, 100000 would make a grand
region of these five districts, and there
is little doubt that New Mexico and the
owners of the claims would be greatly
benefited by it. Don't delay philanthropy
lists but send your cash right along or
if you choose come and bring it. The
country is ripe for you and new dis.
coveries will be made on hand for you
by the time you have proved those now
shown.
Does the editor Of the New Mexican
know how lmbecIle a bundle of senten'
ces was permitted to occupy three
fourths of a column of last Fridays
issue of his paper? The idea of this
being the first company ever organized
for prospect work, Indeed! How
many companies are there now operat
ing in New Mexico of any other charac
ter? Can he tell? Those companies
that are now Systematically mining il
this territory began as prospectors, anC
even those are comparatively few
Don't make such breaks often Mr.. Bar
tow or all the vainglorious assertions Of
worth that your paper will hold viii
prove insufficient to make the reader
believe that the New Mexican is intel
l~igently conducted. The fact is, that il
the New Mexican Improvement ant
Mining company thoroughly prospects
aud makes a mine of one location it ha:
then done all that any reasonable per
son can demand. If it tries to do more
1t will fail in all.