Omaha daily bee., 1910-04-03
H1eH 0cHooLa.L FAD BlAcN AlILs.

elevated 400 feet by the Panr51ng station
which has q capacity al maximum speed OF
$500 gallons per minute. After being ele-
waited 1t comes by gravity through four
miles OF the same diameter OF vitrified pipe
and enters into the head OF Whitewood
creek. The water then flows in the natural
creek channel for four miles, after which
Il enters into wooden boxes and comes by
TUNE the balance OF the distance -four
niiles) 10 Lead City.
There probably is no gold mine in the
world that has attracted such universal an
terest A. the Homestake. and probably no
mine Of even half IT'S size is 80 little known
as to It's exact location. Concisely speak
ing. the Homestske mine is situated at
Lead. and while Lead has other resources,
Lead in its population is practically the
Homestake mine. The greatest width OF
the vein is 800 feet and the whole Of the
vein goes to the mill. Some mines select
ore, but the Homestake does not, and its
recovery averages $50 per ton from the
whole mass.
The great forests Of the Black Hills are
covered with fine timber suitable for build
ing and mining purposes. Part Of this tim
Der land has been set apart by the govern
ment under The forest reservation act and
can be used only under certain govern
IntUlaN FthlIiEl4OTSf bul ONAssut VI lut Aol~
est reservation there is a large territory
which may be used without restriction and
IS ample 10 supply the wants Of this new
territory.
The golden era" t~nsugurated a unique
and picturesque world in the Black Hills
devoted 10 mining the precious metals. n
was the cradle OF Dakota gold mining and
teemed with adventure, hardship. tragedy,
romance and riches. Mining was then .
gamble, pure and simple. No previous
knowledge or experience was available and
experts were unknown. but they soon grew
to the occasion. ExtrAvaEsnt and fanoiful
notions prevailed. Miners were controlled
by impulse. sentiment or a bunch" and to
hit the pay streak was a question OF muscle
and luck only. yet Il was a most fascinating
and serious business.
The prospect" or undeveioped mine Is
an important feature in every camp Per
haps but a small percentage OF prospects
make mines. yet every great mine was
once an insignificant prospect. Mines DO
not blossom out in the light Of day, ready
made TO be claimed by the first tramp that
comes along, but are developed. Made by
dnigent w~ork-often many years and large
OUTLAWS OF cash are devoted TO the making
OF a mine. The prospect. therefore. IL not
10 be overlooked or despised. The prospect
Is a living factor OF immense possibilities
In the world OF mining. The bulk OF the
colossal fortunes accumulated In gold min
ing have been made by purchasing ana a.
veloplng cheap prospects.
Any old-time veteran miner may recall
frcm his stock OF fading "reminiscences the
prospects he has abandoned or could have
controlled for a trifling consideration
, which have since been developed into great
mines. The highest scientific attsinnents
in chemistry. metallurgy and mechanism
have ben applied 20 the great and growing
mining Industry. II Is no longer controlled
by haphaEard methods and luck, but has
been reduced 10 a broad business basis.
In spproximRting the value Of a gold
mine IL is well 10 bear IN mind two fundL-
mental principles: First, mining is not an
exact science; second. the laws OF nature
as applied underground, are not fixed and
immutabie.
And what are these institutions7 Simply
nothing but manufacturing industries. call.
ing for large capital, good manufacturers
competent financlers and common-senHO
economics; practically nothing more. And
the only difference between this and OthsI
manufacturing IS that you can't ovsrstocA
the market; don't have TO curtail prOduc-
ton In dull times, and have always a fixed
price for your goods and sell them 70 9
pretty good institution-Uncle Sam.
The Innate In the Black Hills h 1S9
pOnunuSd o. PAEs TOunl