New-York tribune., 1901-06-05
Trv-YoRK DAILY TRIBUNE WEDNESDAY, JUNE 5 1901
THE PASSING THRONG.

A. A Blow, the mining engineer is the
Waldorf. and is perfecting arrangements to sail
for Ecuador next Tuesday, taking
RICH RE- with him well equipped party to
SOURCES OF confirm by personal investigation
ECUADOR. the reports of the discovery of an
enormously rich mining dis
trict which eight subordinate parties sent by him
year ago have made
"One of the richest of the remaining mining dis
trcts Of the world will be thrown wide open in two
years. when the railroad reaches Quito. said MIR.
Blow last night The enormous but undeveloped
mining fields of the northern Andes perfect
treasure vault for the world TO pry open with rail-
road rails. The Germans are already making
toward these fields. In my experience in many
lands have found German enterprise be i'm
portant factor The German prospers better under
any other government than his own
My private reports have informed me Of the dis
covery of alluvial gold fields in the unexplored
orient of Ecuador. We have not yet located the
original lodes from which alluvial deposits of
dust have been washed by the denudation of the
ledges- The legends tod by the Nipa Indians of
the fabulous mines of the Incas are undoubtedly
founded on fact Our prospectors have located
rich placer mines after hasty exploration of a
few of the streams which flow into the headwaters
of the Amazon. yet unsapped. Somewhere in
those mountains millions are sleeping.
I'm the southern portion of Ecuador. already
partially opened by the single line of road.
hundred miles of which is in operation. my engi-
neerS have uncovered five veins of excellent coal,
in seams of from six to thirty feet in width. This
Is significant of what may be there. South Amer
lea now imports coal at great expense. In the
northern districts the eruptve nature of the
try has deposited enormous quantities of sulphur
At present most of the sulphur of commerce comes
from Sicily and the demand is large because of it's
growing uses in the manufacturers, especially since
sulphuric acid has been used for the conversion of
phosphate rock into fertilizers, well bleach
ing. dyeing sugar refining and high explosives.
Among other discoveries reported to me has
been the location of large copper prospects in gold
bearing ores-Complex ores bear
ECONOMIC ing gold. silver and lead, zinc
POSS1BIL- mines and alkaline earths and
tiles claws of high value The cahIa
messages received yesterday tell of
important discoveries of asphalt in an island off
that it has already caused international compca-
tions in Venezuela.
Several of expeditions have devoted their
explorations to learn the economic possibilities
of this land of mystery. They report that the
coast districts already export S00000 of chocolate,
no longer luxury, but a necessity, TO the world
American enterprise. Since the pushing of the
road from Guayaquil the sugar and coffee industry
has had sudden impetus offering large possibili-
ties for investment. Tobacco of high grade is
native planters
While searching for gold in the orient of Ecua-
dor our party came upon immense tracts of rubber
forests the sole output at present being what the
large areas of valuable hard woods. The high
plateau which the railroad is crossing is fer
tile, and will eventually play important part in
the food supply of the older nations