The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-04-07

however that 1 should figure the STRAIT
| um OF secondary enrichment as l50 feet
| thick though In their drawings made for
my enlightenment they had inquired 1t at
| totals would look unbelievable and that
their professional regulations might be
Injured II l disclosed their names-a
| thing which no decent newspaper man
ever does without permission.
Fitz- Mac Assumes Responsibility.
founding totals myself. l mention the
assistance kindly given me only to show
the public how careful | am In the matter
to seek Information from reliable sources
The spectators here and those who have
property for sale have from the first Cb-
Jected 10 my calculations Crather. say, the
printing OF them) not because Il ey are
untrue, but because. they say. the
suits are so big that nobody will believe
you II VIII give our great boom the
black eye; make people outside think IL
is fake" But manifestly. as a public
writer. am not concerned with the no
tlves that influence speculators and BOOM
reasonable. and who say 10 me; out
side people Will not believe you because
they never heard OF anything so big be-
fore" II ! entertained any suspicion of
my public reputation for truthfulness |
might be Influenced by such well-meant
advice; but observe, ] am not asking any
Take the dimension and scale OF values
and figure the results for yourselves
But to be absolutely on the safe side and
not 10 seem desirous of staggering public
credulty. am willing 10 make large de-
ductions from the totals figured above
Some Large Deductions.
The length and width and the gold and
silver values that have formed factors In
this calculation Will not be disputed by
any one, Therefore. II we reduce the eg-
timated thickness by half-and / think
the most timd prudence could not de-
mand more in view of the actual cordi-
q l,,r fln. Il -
Will give Just half of the estimated total
tonnage and value, or the still Incredible
value sls,4l2 10000. Now II We reduce the
copper content from seventy pounds the
ton TO nifty We shall have reached the H.
solute limit which produce can demand
and this would still leave the astounding
total value OF almost sixteen billion
Comstock as Illustration.
To render such money value as sixteen
billions at all comprehensive TO the or
dinary mind, | should nave 10 compare
II with many smaller things generally
better understood. and that would REQUIRE
that | have statistics at hand which are
not accessible TO me here in Ely. / re-
member. however, that the official estI-
mate of the total output OF all the great
BONANZA mines of the Comstock lode
epoch-making periods In the financial his
tory OF the world: is stated in the Govern
the mineral deposit OF Ely. on the least
possible estimate is therefore calculable
over thirty-five times as great as that
OF the world famous Comstock lode Not
having statistics at hand | have to figure
on general impressions. but | think the
calculable mineral wealth In this as
founding deposit at Ely is just about sur
ncient TO buy. all the property In all the
States west of the Mississippi at its taxed
valuation. and then go cast OF the river
and buy all OF Vermont New Hampshire.
Maine. Virginia North Carolina South
Carolina and Florida on the same basis
A Considerate Judpment
The copper output Of the United States
Is about 80 per cent of the total annual
output of the world. and nearly the whole
output of the United States is produced
by Montana, Michigan, Arizona and Utah
which. rank as producers In the order
named. 1t Is my candid and conservative
judgment that this one Nevada deposit
Montana's. all of Michgan's, all CT Ari-
zona's. all OF Utah's, but greater In value
In Montana. Michigan Arlzona and Utah
all Jumped together. I have studied the
mineral resources OF Nevada pretty care
over the State great deal. and in ali
parts of it-in every county. There are
undoubtedly In every camp from few
TO scores OF intelligent mining men who
understand the mineral character of that
camp better than /, but probably there arc
few who understand all the mineral re-
sources of the whole State well as l.
Value Of One Mine.
1 make this observation only to give
credibility to my statement that Nevada
Is very rich In copper and that the de-
poslts have a wide distribution, and that
In my opinion. leaving this stupendous
deposit at Ely altogether out of the call
cuation. Nevada is destined to become
the greatest producer of copper In the
world whenever the Industrial interests
OF the world requires the developments OF
Its copper deposits. Those disposed to
regard my estimates OF this Ely deposit
as mere glowing newspaper talk" should
consider the recently published report
official and responsible-of the eminent
OF the camp who figured a value of sls7
000. go already Sin sight in that one mine
with only small fraction OF its ground
yet opencd-31G 900. 600 ''in sight in q ain
gle minel Only think Of II,
FITZ-M MAC