The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-07-26
GEORGIA's GOLD FIELDS.
An English Engineer Declares That
They Are Very Rich.
From the Baltimore American.

From the Baltimore american
Atlanta, Ga. July 1S.-Mr. Russell How
land, an English engineer who for some
months past has been examining Georgia
gold mining property for London capital
lists. was in the city again yesterday
His enthusiasm about the outlook in
creases as his investigation proceeds
He says that he has some bigger fish
than Barney Barnato interested in this
region now, and when English skill and
capital are once directed to the develop
ment of Georgia's rich gold fields he ex-
poets a resulting production that will as
tonish Georgians and all the rest of the
world.
1t is well known that the English are
the most expert and enterprising gold
miners of the world. They put vast sums
into the industry and have the exploita-
ton of mines reduced to such science
they can make very profitable the work
ing of such ores from which cruded
methods fail to extract the precious met
al in quantities sufficient 10 pay expenses
from. This skill and capital is now be-
ginning to recognize the southern gold
belts as the most profitable field for new
investments on the face of the globe.
Mr.. Rowland thinks there is not the
least doubt that Georgia has such field.
Vnla Rica, he says, are richer than those
of the famed Robinson mine in the Trans
wall, which is the richest in the wonder
full gold region of South Africa.
The Transvaal belt is about 107 miles
in extent, which is but a fraction of the
length of the Dahlonega belt, which
reaches from Alabama through Georgia
and South Carolina and into North Caro-
lima The richest part of the Transvaal
belt is only about ten miles long and
this produces practically all the gold that
comes from South Africa. Georgia, Mr..
Rowland says, has a belt equally rich
and equally long in Lumpk1n county
alone Mr.. Rowland thinks there are
resources enough up in that region to
make profitable the erection of a big
stamp mill every ten or fifteen miles
through the Cherokee and Lumpkin coun-
ties
Speaking of the fondness of the Eng
fish for gold mining investments, Mr.
Rowland said thirty-seven gold mining
COMPANIES went 10 allotment N the one
month of last June. The expression,
went TO allotment he explains, means
that they had secured money in abundance
for successful operation. The English
laws are very strict about the use of other
peoples money in stock companies, and
the directors dare not go into reckless ven
lures.
To start an enterprise without first hav-
ing properly counted the cost and obtained
enough money to assure its consummation
and to induce people to buy stock without
examined by competent mineralogists and
mining experts and the titles looked into
by able lawyers, would be held criminal by
the English courts. Consequently the
chance of the investors being ruined by
dishonest schemers, or recklessly enthusi-
astic dreamers, is reduced TO a minimum
in that country. This is one of the main
reasons why England is so far ahead of
an other nations in the successful carry
ing on Of this industry in all parts of the
world.
Mr.. Rowland says that the progress of
gold mining in the Transvaal, which was
tempor3Tily interrupted by the row be-
tween the British interests in lhat indus
try out there and the Boer goYernrnc nt.
Is now beng resumed and that revival
at such an important point is likely 10
be followed by an awakened activity in
other parts of the word.
Although Jameson's rad was so badly
turned down. Mr. Rowland thinks the ef-
feet IF it viii be such discussion of its
cAuses as will lead to i rectlfying Of the
grievances Of the British settlers Their
c3nDla mt is the same as that which led
the Americans 70 revolt against the moth-
err country-taXation without representa-
ton The mining settlements pay about
nine-tenths OF the tx which supports the
Boer government.