The White Pine news. [volume] (Treasure City, Nev.) 1868-1906, 1884-06-07
q OUT.
The Ceesr d Aleas Bubble Busted.

Ine C9ear q Alene Bubble Busted.
A special to the Chicago Times,
dated Eagle May 10Th, gives this dole
full picture of things as they are In the
capital of the northern Ell Dorado.
The writer seems to be honest and
has no motive 10 misrepresent the
situation: l have just returned from
my exploration of the claims on la
gle and Prichard creeks, and might
as well have saved myself the trouble,
for owing 10 the high water scarcely
any of tile claims located on either of
these creeks are worked, and none
are in working order. Besides the
high water another reason causes ell
forced idleness, and this Is that nine
claims out of ten located OH these
creeks having been ..jumped' are in
litigation, and before the lawsuits are
settled none of the holders are likely
to spend any labor or money on the
property in litigation. From all |
have seen and heard here, 1t is very
doubtful IL the work will pay the
trouble, the prospects being very
poor, and where indications are more
favorable the amount of money which
will have to be expended to open the
mines will exceed The power of small
capitalists, and 1t can now be safely
said that unless some wealthy COM
panies interest themselves in the
C9ur d. Alene mines they will prove
q failure. This conviction has forced
itselfupon everybody during the last
week. Eagle lily Is emptying fast.
Many people possessing the To
leave the camp have left it or are
leaving. One by one the lodging
houses, saloons, ETC., are being clear
ed, and the sheriff is busy putting
notices on the doors of the nnfortun-
ates. At the present moment he Is
The most important and most dreaded
officer in town. Some of the store
keepers who were wise enoughto pro-
vide themselves with but a limited
stock are selling off or packing the
goods up with the intention OF locat.
ing somewhere else. At present the
town shows a great contrast tn what
il was a fortnight ago: then all was
life, hustle and full OF sanguine hope;
now even the stannehest shake their
heads doubtfnlly and prepare to turn
their backs upon the eagerly sought
for : liorados. Daily a number OF
places are being closed by the sher-
Ill, and at Il public sale OF u SALOON,
which took place yesterday, the build
ing and lot 50x75. including 5000
worth of liquors. sold for Si2a; prop
erty that VAS considered 81 300 value
only last week is offered to-day al S60O
or 500, and the depression Ia general.
At Marrayviile, things looks "A little
livelier, and a great many OF those
leaving here have gone thither. FOL
there some CLAIMS are worked aud a
number OF men have consequently
I ,und employment. but these live Oh
six mines can employ but a limited
number of hands and in a few days
Murrayville will be as quiet aud dull
a. Eagle CITY Is to-day. Nothing bui
time ahd money can alter the gloomy
prospect, and II capital finds its way
Into the Cour d. Alene mines shortly,
so that operations on a larger scale
can be begun within the next two
months, their fate will he decided by
next fall; if, however, capital contin-
nes TO hold aloof, and the present
owners have 10 aepeud on their own
resources, il will take another year al
least before the mines will be so far
developed as To yield sufficient to
make their working profitable.