The Eureka sentinel. [volume] (Eureka, Nev.) 1902-current, 1919-10-25
ACE OF Silver HERE
DECLARES MINE MACNAFE
Worlds Demand Five Times Production Says Eugene Davi.
--Prosperity of Nevada to Exceed Former Davs-.
States Old Workings Expected to Regain
Former Greatness


would mean her undisputed control
OF the finances Of the world. II may
De accepted as fact that whoever
controls silver will control the world
trade and finance. This fact was
recognized and accepted abroad long
before our people had given it SER
ious thought, and the struggle for
the possession OF silver was begun.
II IL now on, has assumed tremen-
dous proportions and is rapidly be-
coming acute, and will continue un-
til It is settled.
SILVER REGIONS
I'm the western hemisphere is
found the great silver producing re-
gions- BY the process of elimina-
ton we find that, for various reasons.
any considerable surplus production
must come from the United States.
The South and Central American
countries cannot be depended upon
to do more than produce their own
requirements. Mexico, by reason
OF her present and long continued
internal troubles. Is impotent. The
formerly great Cobalt region of Can
ada Is rapidly on the decrease. So
1t is principally to this country that
the world must look for the silver so
insistently demanded and which in
some way, must be had IL financial
and industrial chaos is to be escaped.
Nevada once held the proud pos
ition of being at the head of our
great silver producing States. Her
silver deposits are at present admit
tedly greater than any other State,
yet she stands fourth In actual pro-
duction. While there have been
good reasons for the decline of her
production, In the main they no long
er exist. Nowhere In the world are
there such tremendous opportunities
for profitable mining as now abound
throughout the State. While I have
not the intimate knowledge of the
States vast precious metal resources
possessed by many. l nevertheless
know enough of them to make the
statement without fear of successful
contradiction.
EAST INTERESTED
"The east, after years of apparent
to the inducements for
the profitable employment of capital
here. has at last come to a realization
Of than. and money for silver prop
critics is now eagerly seeking out
our opportunities. Before long II
will be coming with rush and with
out discrimination. By far the great
est boom Nevada has ever expert
enced is now at hand and will be in
full sway next Summer. Nothing
short of a complete tieup of all facil
tiles and mining operations by labor
can stop it.
According full credit and impor-
tance to the few new districts that
have been opened up during the last
few years, I believe that II Is to the
older districts that we must look for
our great production. Until trans
portation facilities are extended to
those remote sections of the State
ere extensive mineral deposits
are known to exist 1t is not reason
able to expect any considerable in
creased production outside of the
older sections. which, in most part,
have some sort Of transportation and
ore treatment facilities.
"Comstock bids fair to come back;
perhaps not to her former greatness.
but certainly to the position OF a
large and profitable production.
"Austin shows unmistakable and
very substantial signs of wonderful
latent strength. which is very likely
to burst into a most vigorous new
life at any moment.
EUREKA COMES BACK
Eureka has come back, and has
grown to enormous proper
tons. Not only will her past glory
be eaualed, but she will some day
be known as the billion-dollar pro-
iucer. The Eureka-Croesus mine
without further development Is good
for a production of fifty millions.
The Eureka King has millions more
In sight. Eureka-Holly is certain
to be great producer. The famous
old windfall mine is opening up ricn
and strong. The diamond. with her
forty : two miles of underground
workings, is wakening from n er
years of sleep. The purchase OF those
famous old mines, Eu-
reka Consolidated and Richmond, by
an eastern syndicate within the last
few days for ss.50o,O00. the immedi-
ate installation of great smelters by
the Eureka Croesus people to treat
their own and the ores generally OF
the camp, the purchase OF the rail-
road that 1t may be employed In pro-
the best interest OF the ais
trict. the discovery of great deposits