Elk City mining news. (Elk City, Idaho) 1903-1913, 1905-08-12

es for gold have been the forerunners
of civilization, and in the march OF hui
man progress the crude mining camp
has steadily blazed the way for the busy
marts of trade and their attending tram
of civilizing influences.
Gold led Columbus to discover Amer
ica Gold led Cortez to torture the last
emperor of Spain, and established the
western hemisphere as the great gold
depository of the earth. Since the en-
trance of Cortez into the City OF Mex
leo, down to the present day, the stream
of gold never has ceased and IN that
time one district alone has added al
most So, 900, 900, 900 to the wealth of the
world; and what is gold in hand today
is simply an earnest Of the greater
riches yet to come.
THE HUNTERS RIGHT.
All the great paying mines OF today
developed within the memory, and most
of them with the money of the present
generation, and the opportunities for
large profits are greater now than those
that have gone before. Never before
was the future fraught with such great
possibilities in mining. No one today
can estimate the returns which must
come from the pitchblend beds of Colo
RADIO, Utah and Wyoming; the uranium
of many of the mining states, and the
monozite veins of the SOUTH all these
substances contain radium and an econ
omical method of reduction will be found
to recover that wonderful mineral.
Today radium is quoted at $3,OOO,O 600
an ounce. Radium contains practically
all the properties Sir Edward Arnold
described to ''Veril'' in his interesting
romance, and thus has reality once more
proved of what only fiction dared to as
sert. Who can venture to predict the
profits that will accrue when radium
becomes a commercial commodity?
New discoveries are being added con-
stantly. There is Tonopah which but
yesterday was a trackless alkali desert,
and is today turning out millions. And
there is Goldfield striving to surpass the
records of Tonopah. The wealth Klon-
dixie has added in the last few years is
known to all, and there are other local
tiles just as richly mineralized waiting
for the sturdy prospector to reveal them
to the investing public.
A GREAT MEXICAN MINE.
Down in Mexico there is one man who
has a mine so rich that he has fortified
and blockaded the entrance as if it were
a giant safe. He spends money with
the lavishness of a prince, and when he
needs more, takes a few trusty men
to the mine where he takes out suffi-
cient ore to satisfy his wants. Fabu-
lous prices have been offered for this
mine, but he has refused them all, say
ing that he believes his gold is safer in
the ore than it would be in bank.
Another instance of a similar condi-
ton is represented by Senator William
A. Clark, who owns the United Verde
in Arizona, close to the Mexican border.
1t is comparatively only a few years
ago since the senator paid less than
$3.50, coo for control of this property,
which now pays him something over
500, 900, 900 a year, part of his wealth
being represented in the palace he is
building for himself on Fifth avenue
New York, at a cost of $4,000, O0O
: several years ago an offer of $50, 900, 00(
cash was made to him for the United
Verde, but he refused it with the state
ment that the care of $50, 900, 000 ready
cash would make him slave, while a
present his income is far greater and hi
never needs to give a thought to thu
stability of his investment.