Los Angeles herald., 1906-12-02

Goldfield is a camp where million-
aires are made in day. In fact they
are so common out there that one rubs
shoulders with them without knowing
It, They have made money so fast
that they have not had time to look
like milllonalres, or assume the air
of money magnates. In fact they are
so plain that It is hard to distinguish
them from the common herd who still
are hoping to make million of their
own Besides that. they are all very
young men. most of them under 3D.
California the Comstock and Cripple
Creek were only preludes to Goldfield.
Greater wealth hath no man ever
dreamed OF than lies I'm the mines OF
Goldfield and the desert camps that
are tributary thereto, A great boom
is growing In Nevada great mining
excitement based on facts that surpass
fiction. It is a healthy boom, born of
the development of great mines and
with the figures of production verified
by the bullion from mills and smelters
and ore production that can be proved
by the daily railroad records of ore
tonnage shipped.
Greatest Gold Camp
Goldfield gained recognition as
mining district less than three years
ago, although at that time the public.
which Is always skeptical, Figured
Goldfield as q one mine camp. That was
when the Goldfield Mining company
produced S1,000000 i'm few months.
Gradually the Combination, the Jumbo,
the Red Top and the Florence began
turning out millions and confidence
grew in Goldfield. These mines we're
developed partly by the leasing sys-
TEN and in few short months leasing
has made Goidfield the greatest gold
camp ever known and has distributed
to the country at large from 6O,OOOOOO
to SIS, 900 in actual production OF
gold and in enhancement of value. In
addition leasing has developed ore
bodies 50 enormous in extent and value
that they guarantee the greatness of
Goldfield at least for a generation to
come.
Leasing has done this in a space of
time so short as to seem almost in
credible. Leasing has accomplished
more for Goldfield in a few months
than was done on the Comstock or
Cripple Creek in years. 1t is true that
Goldfied has not developed ore bodies
so vast as those which made the Com
stock, but it has opened up golden
lodges at depths of less than 300 feet.
These rich lodges, carrying thousands
of dollars to the ton, have proved that
they go down and when the ground
has been explored at 1000 or 1900 feet
who can tell that even the Comstock
shall not be surpassed? But be that as
it may, there is golden wealth already
developed that is enough for all.
Leasing Great System
OF course one must take into con-
that Goldfield is being made
by the most advanced mining engineers
of today. aided by all the discoveries
in machinery and methods that have
come to us in the last generation and
when applied by leasing the quickest |
returns and the largest profits possible |
are obtained Added to these advan-
tages are the kind of men who are
miners in Goldfisld today. Never in |
the history of mining has such splen- |
did body of miners been brought to-
gether. They are high grade, intelli- |
gent men who have the spirit of the !
they so at their work with an energy |
and vigor not to be found among men
who are simply watching the clock
and working for wages alone.
Leasing is the great mining system
of today and now that the leases are
handled by great corporations, which
sell stock everywhere and operate on
Cdplldl, lllS lSdSSIS ilOl only |
make mines for the owners of the |
but make wealth for the |
shareholders who are scattered all over
the nation.
Where before a mining company
would have to stop operations for the |
ack of funds or wait until more could |
oe raised the encouragement and de-
lays in reaching the pay ore sometimes
caused the abandonment of very eX-
pn11 An, 1efn 80 kl,l
is found in the original locator of the |
Mohawk mine, where surface outcrops |
gave but little indication of the vast |
wealth stored below. The original To-
Gator did not think enough of the |
property to pay for the assessment |
work and allowed the claim to revert |
TO the government.
Example of Mohawk
The Mohawk, however, was relocated
and finally passed under the control of