Arizona republican., 1896-12-16
GOLD MINING AS A BUSINESS.

The following excellent and oppor tune pointers are from MT. Erastus Wimans Chances of Success
 It is fact which nobody can ignore, that this continent is treasure house in the matter of gold, quite equal in value to the vast wealth got out of the mines in iron, in copper, in coal, and especially in silver. The enormous contributions made to the wealth of the country by these four elements have never been at all approached by the output of gold; yet it is fact that gold exists, and under proper condi- tions is available to an extent equal to any of these, if not to all of them combined.
 The output of gold on this conti- nent averages about $SS ,000, 900 year. The assayed value of the ore before it reaches the mills would probably be about $45, 5,0OO,00O, so that there is a waste in value of SIP 100000 to $15, ,000,- 900 year through imperfect methods of saving the metal. But this waste is a mere bagatelle compared with the loss and lookup of capital in mines containing good values, but which, from want of proper methods, are un- productive of profit. There are thou sands of acres of low grade ores, which, with a proper understanding of the chemistry of nature, and with the right appliances, might be made to yield wealth to the country equal to the output of the mines of commoner metals.
 That the low grade gold ore business is attracting attention as basis for manufacturing industry, is shown by the success of numerous mines in vari ous parts of the country.
 The ability of such mine as the Treadwell Alaska property to mine and mill ore at as low a rate as 80 cents ton, shows what can be done in the shape of the cost of the product. If ores are scattered through the coun- try worth $1O ton, there is possi bility of profit in this direction far more certain than in a majority of avocations.
 A manufacturing industry which will take out of a ton of rock from $4 to $10 worth of gold at a cost of from 80 cents to $2 has better chance for sue cess than that which spins wool by spindle loom, and makes it into cloth to be peddled all over the country on long credits, and sold at an advance on the cost for less than can be real ized from the manufacture of gold.
 It is true that a tendollar gold piece ground up into the finest four and scattered through a ton of quartz would seem to be hopelessly lost But a ton of hay is worth $10 because it can be fed to horse whose power to earn a profit is thereby created. Is it strange that $10 in gold scattered through a rock can be as easily eX- tracted and made available as is the $20 from the ton of hay fed to the horse?
 The solution of the silver question rests on the increased production of gold. The future of all standards of values resides in the extent of it's pro duction. A better opportunity exists for the employment of the youth of the country in this than in any other di- rection, for in it's success will be found perfect independence of all adverse conditions which now pervade the body polite; because, first there can be practically no production of gold, and because second, there can be no competition in that direction; and because third, there can be per feet independence of a public whose power to purchase and consume has been greatly curtailed.