The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1913-06-24
BURIED TREASURE

TODAY are old workings which h.v.
Ueen pumped out and TO-
tne Real del Monte, near Pachuca in
"a ne S.ate or Hidalgo. That mine was
with King George as to he .x m
On Tea 1t has been abandoned again
n again, and it is now owned hv
americans, who within the past FIVE
years have made 1t pay something x |
5000, 00D in dividends.
The Real del Monte was owned ,ss
ysars ago by a mule driver named |
Iefreros. He developed the mine and |
became h Coal On Johnnie" of his |
time. He leaned the King of Spain a
miaion dollars, and presented him !
Titn several warships fully equipped. |
nobility, n ne was known as the
Count OF Regia. You may see his bust
On the front OF the national pawnshop
mere In Mexico City. He gave the
money to found that institution. The
sum was $500, zoe. and the aim was to
the poor at = low rate Of interest.
| u Eegia once asked the King Of
Spain to come over and visit him. say
ing that he would plate the walls of
his bedroom with silver and carpet
the paths upon which he walked
about the place with silver bars.
Fortunes Lost and Won.
Shortly after Count Regia.s death a
suDterranean river burst into the Real
de Monte, and it was under water
when Humboldt came. He described
its possibilities and his report formed
the basis for a mining craze in which
the property was capitalized and Of
fered in England. The stock was in
great demand and the fve-hundred-
dollar shares sold as high as $50 600
each in the ope market. Cornish
miners were brought over and ship
loads of machinery installed. During
the next twenty five years twenty mil
lion dollars were spent in operating
the property. and the output was only
~three-fOurths Of that amount. The
company finally went bankrupt, and
the mine went into the hands Of 9th
ers. who are said to have taken some-
thing like forty million dollars wort4,
OF metal out OF it. Tie men who
lions in assessments before they coAl
make it again pay but up to July
1919, they had received $4,4oS ,ooe Ia
dividends.
The Wonderful Mines Of La Luz.
The mines about Euanajuate, which
are now turning out millions fo1
Americans, originated through Ia,
!. discovery Of h La Luz @dne, out O
which more than $sse, o0a, &ee in sill
VCI was taNCu. 4NlS 4fltHCi q I06tSa
> was known to Cortez. and h La Lu
|: mine was discovered in 1547. oni;
. ldfty-f1ve years after Columbus mad
: his first voyage. 1t was found BY
= company OF Spanish soldiers. VIA
. !. made a FIRE On q rock to keep warn
: and were annexed to find puddies Q
{ silver amid the flames.
They then Investigated and feun'
that the country about wa full Of sil
01sr-- Fi>>-, $500 -1>f~~ nnsfl II
dams, carrying the sacks OF ore to tn
2 surface BY e Of a notched poll
Each Indian had = bag Of tAis ere o
his back and he climbed with it cut g
1.-The mine. In this way hundreds G
lmfalions OF dollars worth OF ore wa
taken out. Another mine NOR iAtei
= discovered right near the La Laz va
= 1.-THE Valenciana. From 17S0 to 1SS
IT this mine produced more than $500
900 900 in silver, and it was mined
the same rude way.
is Bought by Americans.
e. Later on these mines stopped worl
y ing and became filled with waite
q They were then bought by America
~ syndicates, and are TO- being opera
=. Cd with the best of mining Machal
"a cry. A great electric plant has bee
Installed. h power for which
drought for more than a18 mikes: an
"a some q TIC Ve0 00oSxRS "a 0~s4
ez worked over. 1t IS caAinaed there
"a enough ore in the dumps to keep II
sneftees rUAAtAg fer twelve yea
re without going down int the mine
ne and that the average est q proaa
ltion will be less th&A half a deltar p
re ton. Among the companies new o.
to Grating there are the GaaaajaatS Co
&c sotiaated MiAiAg and Mi4aiag Cor
e, ipany, the Guanajuato Reduction ~
IN A%nNz Ard the GaaAAiua
"a Amalgamated Gold Mi0es Connpa@
all heaOaginE to United States cal
On ltaiiska.
re The Ba&opt1as ana Raxroa A41nc%.
Other mines, which have hee ope
lated for hundreds at years and viii
:. 1are in exsSteace today. are Ia CAsau
huA, ZarAtecaA Sonora and els
ne where. The Batepil&s Miae, Win
M Boss Shepherd reclaimed, had be
~ operated for generations before hi
and the mines OF Parral. y
~ j-A;A hoe @3sNA thu MAN min