Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1885-12-22

10 Grorer Cleveland, President Of
the United States:-The great indus
try by which the people Of Nevada
live is mining for silver and gold.
Whatever, therefore, burdens. dis
courages, or imposes restraints upon
mining, hurts US in a vital part.
NEvADA's MINERAL WEALTH.
The mineral resources OF the
State are vast almost beyond belief.
No region of the earth excels Ne
vada in richness, and extent. From
Idaho to Arizona, distance Of more
than four hundred miles; from the
Sierra Nevada mountains to the
Utah line, the hills are ribbed with
lodges bearing precious metals.
The business of mining is expen-
sive and precarlous. The ore must
be found, broken down, hoisted to
the surface transported to the mills,
crushed, the metals extracted, the
gold and silver parted, refined, and
sent to market or mlnted into coins.
A vast and permanent outlay OF la
Dor and capital is required, before
return of profit can be hoped for.
Capital is sensitive. 1t avoids
precarious Investments, and unusual
risks. A decline in the value of
the metals-real or fctious-an in
timation that the mines have failed,
the withdrawal of privileges before
enjoyed, arrests development, de-
presses industry, and fills US with
apprehension and alarm.
MINING DEPRESSED.
1t is impossible to oyerestimate
the injury to mining produced by
the suspension of coinage at the
Carson Mint in April and the final
closing of that institution in No
vember, 1885.
1t gave out the intimation that the
mines had failed. 1t discouraged
those who had made investments,
arrested enterprises already begun
and turned away those who were
considering the advantages of our
situation.
1t deprived the prospectors and
miners of all the extensive region
lying between the Rocky and Sierra
Nevada mountains, Of the advant-
ages Of a sub treasury, and OF a
mint to part refine, assay, exchange
and purchase their silver bullion;
and to coin, exchange or purchase
their bars of gold-a loss the more
serious and irreparable because
there is no other institution nearer
than San Francisco to supply the
deprivation.
THE BULLION PRODUCT NOT DE-
CREASING.
The bullion output Of the region
accommodated by the Carson Mint,
was no greater when the Mint
was started in 1869, than when 1t
| was closed in 1885. Sources Of in
formation entirely reliable verify
this statement. The tax records In
the office of the State Controller
show proceeds Of mines returned
for taxation in 1884, valued at So
S2O,912. This, it is believed is far
below the actual value.
To this amount should be added
the product of the great mineral
district of Bodie, California, tribu-
tary to the Carson Mint, and esti-
mated by the Director of the Mint
at more than $2,O00,O00 in 1888.
MINING OF NATIONAL IMPORTANCE.
But when the Mint was estao-
lished, as pow, mining for the prec-
ious metals was not OF mere local
consequence.
On the contrary it was OF nation
al importance it furnished the basis
of metallic money, prevented the
contraction Of the currency arrested
the decline of values, strengthened
the National credit and stimulated
the industries and promoted the
prosperity Of the whole country.
For these reasons and to foster min
ing the Mint was established.
CAUSES WHICH LED TO THE ESTAB-
LIsHMENT OF THE MINT.
The motive that actuated Con-
gress, undoubtedly was, to provide
metallic money for the needs of bus
mess and accommodate the inhabi.
.+, of tho Graot Rocip with 70