Morgan County democrat. (Versailles, Mo.) 1900-1906, 1906-07-13

NV oHiJ d 'diuaO'S So'iihoHIdi iIoII
d upon both by our people and by men
they will get returns for their in
lndeveloped, but which contains ores
r known in the lead and zinc markets
'ound to come, and our county is sure
! esource along these lines.
Y on the subject:
Drills will show others and others until
the Who'll country will show localities
ull OF mines in operation. However
faith without work will never bring the
fore to the surface. After as thorough
an investigation as | could give the
country, during the time I had there, /
am convinced that your city of Versailles
is surrounded with ore basins that will
sorne time in the future make it the center
of one of the most productive lead and
zinc fields ii the world, but as l said
before, your own people ought to, at
least to some extent, show your faith in
your own country by getting at work.
~ 'e'o NN'iN ~ Nou uIlII WOll I
show ore, but now and then will develop
a mining locality that will be worth to
your town a hundred times what all
your drilling has cost.
Many of your people have an idea that
a hole $50 feet develops the country for
a mile square. 1t does not. 1t doesn't
develop a hundred feet square. A drill
or even a shaft, ma miss a fortune in
lead or zinc by six inches. In the Joplin
district fortunes have been found on an
acre of land, after eight or ten drills
holes have shown nothing. | believe
you should go at least three hundred
feet, if nothing is found sooner, and it
might be we'll to 90 even deeper. The
people ! am with as well as other com.
panies, will only put their money in
developed properties, something that
can be promptly placed OF a paving basis.
My people are not ''prospeCtors' and
my return depends largely OF how fast
you develop your country. While you
will find many persons who will buy un-
developed lands, and they are the men
who really make the big money, on a
small expenditure, yet the heavy capital
will go in there when you have good
paying mines to sell. Personally, |
would like to buy some of your mining
land there, for ! have never been in a
mining country with such prospects
where land is so cheap, but my position
precludes my doing so; as | am paid
to investigate mining properties for
others.
However, much of the land YOU are
now seeing sell at from ten to fifteen
dollars per acre will be selling for ten
times that while royalties will far exceed
any price that land ever brings. AS
your country is developed along mining
lines, one thing that is going to help
you out greatly, at least it ought TO
make your town one OF the leading man
ufacturing ~centers, is your coal. That is
already developed; the thickest veins
OF coal | have ever seen and part of it
will prove frst-class smelling coal. OF
course ! am not interested in coal only
so far as it is used in connection with
lead and zinc, but he coal question is
settl d III Morgan County. When you
get the lead and zinc as fully settled,
which You can do, and ought to. the
combination will give you the greatest
country in the United States. You have
the fnel to suelt any and all ore. You
have an excellent farm, fruit and stock
country from which to feed the miners.
With the new rail road now built
through your country which is one Of
the best trunk lines in the country, you
have two good roads with the assurance
of another, the north and south rosd
which will give all transportation nee.
cesSary, in closing ] say again get at
work and make some more developments
and YOU Won't he able to take care Of the
capital that will rush in there.
WM. v. OArON,
>, C.& NJ. Nortewesteru Mining Go.