The silver state news. [volume] (Winnemucca, Nev.) 1907-1909, 1908-01-20
WINES MADE BY LEAsERs.

While the leasing system is not re-
oarded bv many mining men with ia
yor. the fact remains that many of
the greatest mining campsof the west
owe their prosperity to the early leas-
ers. who made it possible for mining
companies to engage in heavy and
profitable operations after l%easers,
those great ore finders, had proved
the existenceof large bodies of the
precious minerals
Evidence corroborating this state
ment is to be found on every hand.
At Eureka, Utah, during the early
history of that great camp, the Eure-
ka Hill was wrked extensively be-
fore the company began work which
resulted in the payment of heavy divi-
dends for many years. Leasers made
Tonopah, Nevada, which is today the
greatest gold and silver p reducing
camp in the sage brush state, and the
leasing system has made profitable
investments out Of many of the Gold
field mines, and gives that camp the
distinction of being the greatest pro-
dueing camp in the world.
tits an old saying that "fools rush
in where wise men fear to tread
This old saw might be altered to read
that leasers succeed where capital
would balk and hesitate; for the
%leaser, as a general thing, makes good
wherea corporation would decline to
take the risk. The history of the great
Mohawk is an example Of what is
possible in the leasing system. We
quote from the Goldfield Review:
~ x.au. xa Az Af1l.-I $780,. =, No.
pearance, a wildcat. It was not even
on the trend of the lodges then known.
No company work was being done.
and the few ~leasers who were sink
ing shafts were looked on with pity
ing eyes. Finally somebody got a
small assay; another cut a %stringer;
a third found a pocket and the fourth
found a bonanza. The history of the
Hayes and Monette, the Truitt, the
eddie, the Kalfus and the Frances
Mohawk leases reads like a fairy tale.
Sudden wealth was found by men who
were toiling with e%alloused hands.
Shareholders in the East who had in
vested a few dollars just for luck
found that it was good luck, indeed.
Between -four and five millions were
paid in dividends last year from the
Mohawk
The difference between the opera
tions of a leaser and a mining com
pany is that the former is looking for
ore. while the latter IN intent upon
development work along cut and drieo
lines. If a leaser finds a stream or
pocket of ore he follows it to its
sourse or until he loses it. The com
pany management would pay no at
~tention TO such indications, as, to do
so, would spoil the looks of the tun
mel tits driving or the shaft ii IS
sinking. The company pays its men
the highest wages, and its employees,
as a general rule worn by the clock.
and care not whether the workings
are in ore or in the country rock
The leaser is different. He knows no
working hours, no WEAKNESS. Every
fibre in his make up longs for ore,
It is in his thoughts in his waking
hours and he dreams of it n his sleep.
He is a student in his work, for he
notes every change in the formation
and every seam Of the %stringers. His
work may not be of a permanent char
aeter. but what does it matters After
he has found the ore. after he has
SouRcu III out, ieaNlHg u ctMoT VI
drifts, crosscuts, wines and upraises,
the company upon the expiration of
the lease, and can do permanent and
scientific work. And the leaser has
found themine, has paid his royal
ties into the treasury of te company,
and all this is no expense to the com
pany. Any camp where leasers have
confidence to begin operations is on
the highway to greatness and pros
perity. The leaser is the e~ntring
wedge to success.