New-York tribune., 1909-09-25
How One Company Will Produce
the Precious Metal.

g.ry u the m3ddest, most 1Inantlctpateo, colos-
81 tragic, yet most sensationally successful
scramble for wealth that the world has ever
known Tie California gold fever Of 1S49 left
thousands of wrecked homes in the East and
streWe3 the Western deserts as well as the
lslhmus Of Panama with the bodies Of daring
men from whom, nine times in ten. reason had
aea before life itself But the millions piled u
as me result Of that fever play. even to-day.
notable part in the social and material life OF
san Francisco, New York, London, Paris and
Rome.
Sixty years ago, mining. despite the s;agGcr-
:ug fortunes i created, was in sense ro-
nance, comedy or a tragedy. according 10 the
east Of characters and the locality Of Tie scenes.
To-day il may be mere bri.Gy defined-.t Is
b1siness'
honestly CONDUCTED, il is. matter Of fact,
a business rs legitimate that q tie Iner-
-lrsnt, and when based upon scientific princ4-
ples 'tr has equal chances Of success Bot sue
ozs involves both Of those factors. The time IS
RAPIDLY auproacting when the man attempting
to exploit worthless mining proposition win
have, ceased 70 b. a knave; lie VIII have sunk
10 rhn even more unpleasant level u fool.
]. would De folly. of COURSE 70 claim or he-
l..ve tat California VIII ever regain the mar
sallaas record q 1853 when It's mines produced
god 10 the gigantic value Of sNty-siN millions
or sslars N.,-rrtl.eles- TIE mineral riches ~
.ss VcnseTfr.l state are Tar from eN NHausted-
cqlf -ria. indeed. ranks tt'ird in lis production
of gold. aseraging an annual value t--at may De-
roughly estimated at Sl9"00Vyo vhlie the
younger fields of Alaska ana Colorado when
alone lead il. produce barely three or four i'.--
35--s III excess Of that sum.
Particularly productive ACTIVITY IS reported
,-,.r Auadgr county. on tie western slope y
he sierra Nevada Mountains. d county in which
are located The deepest gold mines IN Anlefl1a-
since Tie first Discovery of gold il Is estIna'e1
mat ii jas contributed IT least Nloo"e"p 70
the worlds supply of the most precious O 'N'
metals and to-day. according 10 recent anu 81
,bo,i,a,i,o reports. tie annual Yield approaches
100000 This certainly is a notable si'"'ii5
,1ben il is considered that Il represents tie out
M, + not more than eight or ten mines. IN
deo5 while il may seem strange il is neNerlie-
less rrle that gold mining IA Amador Count! -
regarded as stlI il its infanc-- uneNIi"ieo IN
tory along the main gold belt-'he Inolher
lode as it Is termed-being said TO eIeeed III
extent al that las 50 FAR been deNel"I'N -
prospecte3 IN
INTO ,hls Geld a eSeW York corporation en-
T.,vrered by law to engage in a vide range oi -i'
dllstrial enterprises has recently entered W. '''
teution being 10 make tie development oi aP
,oye, mining rroI,ertes its chief activity. Inc
mohavk Exploration and Development Colh-
many. with Offices al 40. 2O3 Broadway &c"
York. and 10. Sg5 Broadway, Oakland "a" -
en- exarnrle Of a comparatively new form oi cor
roratior or more strictly speaking AN eAii'i'
oY a o.,-uoration whose purposes are o'n'paI"-
,iyel, ~ recent birth. These purposes al" cen
,,,,,r.tes IN the substitution OF q syS'sin"'ie'
,.,,f,.a1 and enpert organization IL pace u
'.,,,,a,,al ,nexperienced and hadequh'''S
s,,.a .erar4s 20 discover and develop ii'''ii9
ana other investment properties. ,,,
1-,o AsobaWk Company purposes I"
.--.f.s ,,ou, their maiden or but siiGhu! az
,,ano,.a condition. obtaining them Dy pui i1i.'l7
-. af,er a thorough investigation ana
tavo--.hle report b. It's own g@"losIsts "ilo '"7'
800 As already indicated, the HIhihb "a
sussrv II DO longer a matter II chance. III AZ
most every instance success IN TINS most alluf
- =, ,,,r~,its Is due TO technical knowledge
ample financial resources ano d uloIo"B' Du
80 o,,,anization. These preliminary quail
tel-..to,s nogsossea by but few individuals and
!. tas be.n because Of this faet that the failures
:, ,,,,i,,., sutcrprises have seemed so NUMEROUS
To ,hf. is due also tie formation Of such eX-
plorina and developing bodies as tie Mohawk
Comuany possessing a corps OF men oi dlNeFAl-
sca and sDeciallzed abilities such as no one man
could hope 20 attain
Az has already been stated, the company has
obtained control Of mining property in Amador
County. cal This property is known as The