Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1885-06-24
THE CoMsrOCK.

The hope of the Comstock now
hangs upon the developments in
Norcross. All mining men are
free to acknowledge that if that is
a failure the lode is a failure. The
cry of developments in Norcross
has agitated the State for some
months, and the organs Of the
mine in Virginia City, and their
echoes in San Francisco hold out
the belief to the public that the
ledge is on the eve of another de-
velopmept. We are frank to con-
fess that We have no faith in this
developmentin Norcross, and again,
if there should be large body of
ore discovered in any mine on the
ledge, what reason would the stock
holders have for assuming that
they would ever get dollar in div
idends? No matter what may be
the profit on the realities on the
Comstock, one thing is certain; the
days of dividend paying are passed.
The discovery of a new ore body
means large amount Of money for
the inside manipulations and the
mills, but not nickel for the ass
essment paying stockholders. The
science Of mine management has
been reduced to a fine point by
men who have had years Of exper-
fence in running bonanza mine
so that the inside takes SO cents on
the dollar after the workmen are
paid off. There must still be a
show of ere producing on the Com
stock to keep the milling interests
on its feet, and keep the duped
and swindled public inflated with
the idea that they stand upon the
brink ola big development. This
false hope has lured thousands into
the brokers' Office during the past
ten years, and not one out of a hun
dred has ever gotten dollar back
out of the thousands and hundreds
of thousands that have been
dumped in. We are not asserting
that there are not paying ore bodies
on the Comstock. but we will reason
with any thinking man, and show
that the existence of an ore body
in any pal ticuler mine ought not to
give a stakeholder in the mine,
(who is not on the inside) any
CLEAN Of encouragement. Again,
if there is only low grade ore, so
low, that after the mill exacts its
toll there is nothing left, that rock
will continue to be mined for the
mill. and when it runs lower than
a milling proposition the deficiency
Is made up by assessments, which
the ignorant public will con-
tinue to pay. There is evolved in
the continuance of mining opera
tions upon the Comstock, quite
number of interests. An army of
brokers and salaried attaches
of their Offices in San Fran
cisco; quite respectable array of
salaried officials in Virginia; the
milling interest, which is vast, the
wood interest, also Of considerable
magnitude, and the foundry in
terests in San Francisco. Since
the mines have ceased to pay trib-
ute to these combinations, the pub
lie must be called upon, and that is
what keeps the officials in fast
horses and the brokers' wives in
diamonds. The poor pay for the
splurges of the rich and indolent,
and there men who hourly ana
daily keep the air filled with talk
Of great developments, and this
talk sifted through the columns of
newspapers also, dependent upon
this hope, keeps thousands of poor
dupes on the marginal edge of pow
erty.
1t has simmered down to this; if
there is not an ore body on the
Comstock you get nothing; and if
there is ore you come out at the
,o,n., opd .,f tho horn