The Worthington advance. [volume] (Worthington, Minn.) 1874-1908, 1907-10-25
minnesota Men
Dredee for Gold
A New. Crop of Millionaires
The Director of the United States Mint
says: 1.-THE high tide in the output
of gold is coming through the gold
dredge."
(From St. Paul Pioneer Press)

(From St. Paul Pioneer Press)
=, - no longer necessary to mine gold
: rreat expense to sink shafts and drive
i.nels into mountains looking for gold
,.e. which, even if found, may not be or
efficient quantity or richness to pay for
ling it.
For ages the rains and glaciers have
cen wearing away our mountains. lncluo-
as their rich gold-bearing rocks, and
jepositing tie gold in the valleys below.
ms is still going on. Therefore the oeos
4 all the old streams and present rivers
:. our rich Western mineral belt contain
..told wealth; the accumulation of ages.
these treasure houses Of free gold are
low being despoiled Of Their wealth by
.redges. The taking of the gold out OF
hem by a dredge is as simple as the re-
.oyery of wheat by thresh.ng machine.
KS a dredge will handle about 5000 CUBIC
wards a day at cost of about cents
yard, it's advent opened up new, large
aid very profitable fields for investment.
Ground averaging only cents a yarc
= eltis handsome returns-far greater
yrofits than are obtained from most o.
what are known as successful mines.
About 100 dredges are now at work IN
the West. prin cipauyy In California max
ing a new crop Of millionaires though
dredging ground averaging only 10 cents
a yard. Their employment is being ex-
tended as fast as they can be built and
in the near future the rich bottoms Of the
Colorado and other rivers will be yield
ing up to man their golden treasures, as
the Sacramento and Feather rivers In
california are already doing.
Before beginning operations the charac.
er and richness of the ground are thor
,ughly acertained by sinking holes In It;
aence it is known before beginning the
1redging just what the ground averages
Therefore, knowing the quantity OF
ground to be dredged, its average value
Der cubic yard and the average cost
per cubic yard Of taking out the gold, the
profits can be accurately estimated In ad-
;ance, as Uncle Sam buys the gold every
lay in the year and always pays the
same price for it. This is not true OF
Upper or any other metal.
It is for these reasons that dredging
wing to it's simplicity, cheapness OF op-
.ration and certainty Of profits, appeals
% the conservative investor. It has none
Of the elements Of speculation and uncer-
:ainty incident to mining. Dredging IL
10 profitable that no one ever hears Of
he failure of gold dredging s0Depy.
Their stock is never quoted ot.s :,
1et, as it's owners do not car4t
It is now well recognized as one ofSs:th ca e.
safest and most profitable investments
and will probably, in the next few years.
add more to the worlds wealth and make
more new ti-millionairslthi1 any
other honest. legitimate and sssya q g
business. ~ sSsss h
AS only very small part evail-
able dredging ground has, been
dredged is is no wonder that the director
Of the United States mint in his annual
report says: '"1he high tide In the out
put of cold is coming through the gold
dredge. r. :!.ase ;rcdses continue to work
the world will not only be saturated with
gold, but VA. 81 :1au5eated with It"
vt is run1ore.i that some Minnesota men
Intend soon to Gyedge some very rich
around wi.ici:: they have recently acquired
On one Of tae Western rivers.