Arizona weekly journal-miner., 1897-01-27

They were ready to give him S25,OOO cash for the privilege of sinking l5O feet deeper, and in case the ore
 held out, would give him SJO0,OOO | for the property. This offer was
 refused, and Mir. Powers is extract ing the ore himself. He has nearly completed a modern O stamp mill.
 which will soon be m operation, and IS building a road down by the
 Flu1 mine This will bring him
 within eight miles of the fourishing
 new town of Rollin. Tuscon Star.
 IL is a we'll known fact that the Rothschilds have recently been in
 yestlng very heavily in mining prop ] erty in different parts of the United | States As we'll as in Mexico. The
 Kansas City Star in discourslug on ! this subject says The announce meut that the Rothschilds have in
 the past four months bought l27 silver mining claims in one district
 in New Mexico, will dampen the ar dor of good many free silver ad- vocates Y be idea of keeping up a ! campaign which, If successful. will ! greatly add to the riches of this
 much hated firm oi rich fnanciers
 will go against the grain with many
 a populist. lt will puzzle tho free silver advocates, to account for th.s
 action oi tEe Rotnsckilds. Are
 they extending thoir conspiracy against silver by endeayoriug tn control the output oi the metal so
 Ss to immensely increase the supp and force the price down to lower ] level than ever, ot do they iuresae ] tho ultimate success of the fCl- for
 silver and are prelsring to resp great profits from It. The proba-
 biisties are that they are investing
 money m silver mlnoS just as they
 might invest mCney u brewery com panles, or any other enterprise. with
 the expectation of Tesping the le-
 gitimate profits of a rightly man
 aged enterprise, just as any business man would do
 But it will be difficult for many
 Americans 10 believe that the
 Rothschilds would go into any
 sort Of enterprise without some far
 reaching and hidden motives look
 ing to the enrichment of themselves
 al the expense of the rest of the
 world.
 The mining world has been set by the ears by the developments in the Kennedy mine iu Grass valley, : | . .f,... depth of over 2,lOO feet a body of l rich ore, fully thirty feet in width, l has been discovered. In magnitude . the ore body will compare favorably l with any yet found. and the great . depth a. which it lies explodes a long cherished and heretofore be- lieved infsllible tradition of the search for gold on the Pacific coast. It IS an old theory which age has almost crystalized into a formula, that gold ore disappears after a certain depth has been attained. | This Is creed of every old pros pector from the Yukon 10 the Pan ana lsthmus. The developments in the Kennedy, not only topple over this old time belief, but may lead to a revolution iii mining in that state, for the deeper progress Is made in the Kennedy the wider grows the ore body. At the 500 toOt-level the ore was rich but only ! eight feet wide. At the 2,0OO foot level 1t had increased to twenty feet. At the 2,l00 foot level 1t Is thirty feet wide, and as the work men go still deeper the ore body grows. IL is like a great wedge in ! the earth wIth tho edge to the sur face. Orders have been given to sink the shaft an additional 200 feet and mine owners on the Pacific Coast are awaiting the result. 1T l that ledge continues to grow iu size there will be some lively burrowiag in the bottom of the mother lode this coming summer iEven the Comstock people may be tempted ! to make another experiment. At Its present development the Ken nedv has the distinction of being the deepest gold mine in the world ! with the exception of . property in Victoria, Australia. The shaft from top to bottom, allowing for the in cline, measures 2450 feet.-Ex.
 E. E. Thayer ard D. E. Gillette left this morning for Bumblebee district, where extensive work is go- ing on in two oftheIr mining claims.
 M. K. Riley arrived in town today from the Providence miue. com pleting his contract n the erection of the mill on that property. The plant IS said to be 6 mechanical beauty and reflects very creditably on MT. Riley aS a designer and builder. It is To stamps, with three 6-foOt Frue Tanners, and started up yesterday to grind out bullion.
 Col. E. A. Sweet, the Chicago who seems to be perma- nently identified with the grand mineral resources of this immediate section, came in from Big Bug last night. During his absence he has been at the Providence camp, aud represents that property as showing up very finely. NIT. Sweet is a prominent stockholder in the above mine.
 John Sudgden came in from the Jersey Lily mine this morning. He gives 2 =sry good account of that in its appearance, and says that the property IS being handled in a systematic and intelligent man. per.