The Black range. (Robinson, Socorro County, N.M.) 1882-1897, 1886-10-15
Mining Business.

Mining Business.
As the business of mining becomes
better understood. aud the true pur-
pose OF all investment Ia this direction
is comprehended, II shows improve.
ments IN favor of mining as safe and
practical industry, aud as a most pro.
iitablo lield for the investment Of capi-
tai
One 0t the chief causes of the present
too prevalent unfavurable impression
that exists has been produced from
% false basis Of observation. aud at
lginuting The consequences Of ignor.
auce dishonesty To mining as It's on
spring Almost every new line of bust
ness has been compelled to pass throug
this trying period in which a class Of
unprlucipled men have taken adyan-
tage Of the Ignorance and cupidity Of
investors. regardless of the con.
sequences; following this there has al
ways been a season of reaction in
which many enterprises have been sub.
merged never again TO reappear.
/ The same thing has been found true
in regard TO the different branches OF
mining, aud the records will show that
/ in The beginning even of such "A prosaic
/ business as coal mining. there was Il
season of speculative excitement in
which loss, misfortune and total mis-.
conception OF the true place and work
of this important industry existed.
The excitement and the unreal condi-
ton has remained longer with the
business of mining for precious metals
than other branches, from the fact that
is locations were chiefly if not entire
~ at distance from the borders of
civilization. where reports could not
he readily verified ;and it was difficulty
to ascertain the exact facts in regard
to the real status of affairs.
A review of The history of agricul.
ture in one direction and another dur
ing the past century of tins couulry
VIII show periodic season Of excite
ment, OF oyer.crowdng in certain loo
alities, OF highly c0lored and inham
mahle reports. which have resulted II
creating an eager tide and rush of par
ties anxious to be first to possess tn,
unequal led treasure offered; TO be fol
lowed often, and In the majority d
such instances, by returning train oI
Ieluded victims. who had beeu deceiv
ed and disappointed.
The mining industry of the country
has suffered largely from two promi
nent causes, even where the attemp
had been made to honestly conducted
operations. The first aud chief cam'
from an almost total ignorance con
cerning not only the methods to b.
used, but IN the legitimate object u
the expenditure of labor and capital
managers being unable to comprehend
/ the only justihable purpose Ia conduct
ing business. that of profit. millions o
dollars have been spent in useless ex
perments which have brought no sat
J isfactory results.
Not only were mining methods wide
+ ~ at fault, but one of the chief stumbl
Z ing blocks in the way of success ha
! been want of proper knowledge con
! cerning well adapted machinery, AN
the best methods of treating ores afte
! they have been secured. A large par
!, of this mexperience aud lack of wisdor
. has now been removed from the hel'
= and need necessarily be in the futnr
! 80 prominent monument OF los
u Valuable wisdom and ability is no'
, obtanablo and there is 40 reason for
Y reception Of the history of the pas
4 unl ess parties cl0ose To follow blindl