The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1883-08-23

wkirt nay bsre cost ibsir rslss IN labor 10
produce. can serve Lui one purpose and
perform bot coo act when ihs broad 10
Consumed and The ooiion destroyed. ..sa
eqnsl smoans ot lsl,or and money mast BE-
srpssded iosspply their place viih snosh.
sr pouns poand o. gold o. silver. pro
Diced II sny oos.. aud coined isso moaey
vii perform ". YORK times without num.
her and oonfinue furs handrci years 70
sIi IL place anl mission 10 every land,
and u forever 10 esrry form and shape q
portion Of ID. real wealth. ard poser Of
The people A magnificent a. has been
the ouipni Of The miass ~ ihi. country,
adding snillions Of dollars u substantial
wealth Annually 10 the hnsneial prosperity
a. the pn,pls. il is nevertheless true iha,
nihins for The precious metals has never
bcrn prosecuted ~ith The object Of pro
duc,ion solely 10 view. The mineral prod.
uct. ~ large a. II 10. hss been the necesss.
~ raul, Of work done In miues. 10 many
ips,snces where an ore predict vas by no
means thr object sought; Too generally
The true end Of all legitimate operations in
this field. Fycissfioa, has been made sec.
ondary consideration. and al the great
AID valuable resources OF hundreds Of
mines. which might by labor have been
turned into real wealth. have been used as
one Of the potent Influences Of spccnlativc
excitement In the stock exchanges Every
change 10 vein or IN ore body. every alter.
alton IN the character ~ ledge or value "
assay, was made 10 have It's influence, In
faiing or depressing the prices Of stock
Stocks were first and mines but necessary
accessories. the motive power in the back.
ground 10 be used as occasion required
Based upon this false and unreal foun-
dstion. il Is not strange that such opera.
tions called mining should 10 the end
bring tue same harvest OF chaf and thorns,
disappointment and loss that every such
unsubstantial ignis .fatuaw unfailingly
bears. As one Of the promising indications
OF the beginning OF . new dispensation it
may be noticed that the mines are coming
TO the front. where they must stand or fall
according TO the standard Of their value in
dollars and cents. The real object Of VII
mining operations, which never can be di.
verted from the one chief and only center.
u to transmit the ore into the channels Of
industrial activity. This Of last is becom.
ing generally comprehended where men
stand face to face with the evidences Of
the practical reality. The mountain fast.
ness does not yield up the treasure hidden
there in It's rock bound veins to any per.
sussion but the eloquence OF the hammer,
the drill and powder. The heat and pas
sion, the wild excitement and speculative
craze OF stock boards does not reach out
into the solitude Of the mountain ranges,
and no vibration OF oil the turmoil touches
the silences where the ore vein sleeps on
It's stony pillow. The industry Of mining
begins at last to adjust it's efforts to har.
mony with the permanence Of the field Of
its activity, and thus rapidly assumes its
true place and performs its legitimate
work. Operations in this great field, con-
Quoted to accomplish the bad results must
assume many Of the Characteristic sur
roundings These are permanent realities
and when every activity under the name
OF mining is in perfect accord with these,
the shadow Of its reproach will flee away
and no stain cling to its garment. As q
great and permanent industry mining new.
cr can be established except upon basis
Of production, and upon this standard it
must abide the judgement OF the people.
The men who send forward our great min
ing products are men who know their bus
mess. who do their business as they would |
do any other business and regard mine
rs 80 much visible raw material Of q great
Unfortunately, however,
there is another class Of men connected |
with mining, OF whom Eastern people hear
and know more than they do Of the FIRST
They have their Offices and their victims
wherever men do congregate to deal in
stocks The class may be, moreover, d.
vided into two snb.classes, and il it were
not impolite, be denominated the knaves
md the fools The simple thieves who
buy a worthless hole simply as tho founda.
ion for an issue Of kilded stock, or man.
pulate really good mine with the sole
object OF milking the street" can be dis.
missed with word. Their games begin
% be understood. and their Cuisines" 10
lrsg. The fools aie responsible for quite
~ many jissppoiutments as the thieves.
hough, mike these, they share the ruin
hey organized. An instance covers this
lass: A few gentlemen in some Eastern
,iiy .'become interested ia brilliant min.
ng scheme The niue may be, aud is Of
90. fine one. At any rate they have very
Inc .sspccimsas They visit it perhaps,
" send some expert from m Eastern "col.
ege" He is thorough geologist and
undoubtedly, and full Of
u formation OF the utmost value. IL united
nth practical experience. But often the
Inion has mol taken place. Consequently
lis estimate OF value is made up without
ny reference /, local conditions and cir
nmstAnces. which ought to modify such
n estimate. The property Is purchased
'erhaps ct price greatly exceeding any
rue estimate Of its value. II is capital. ,
sed. aud few friends are permitted to
ONE in on the ground floor. The heavi-
st stakeholder is elected president proba-
~. There is secretary and treasurer
nd q banker and registrar Of transfers
ma. -