Year: 1871

The Bradshaw discovery has flooded this section of Arizona with monied men who are ready and anxious to invest their money in "feetn |, now remains for our worthy old pioneers, who own valuable property there, to decide whether they will hold their claims, sud feel after the lapse of few month like the man who bought the elephant, or wheth- CT they will permit capital to como in and raise the country above the possibility of relapse into the chaos from which 1t has partly emerged. The important question, as to- whether we shall redeem the country or or let it slide backward to its former neglect cd condition, now rests in the hands of less than a dozen men and we are pained to have to acknowledge that their course, thus far, would seem to be in favor of driving out capital and hence calculated to ruin the fair prospects which at present surround us. The ren to whom we refer are the owners Of mining property which is for sale, and yet they will not sell it. Capitalists are here snd want to buy but they say l: "How, in "the name of common sense, can we buy into these mines at such exorbitant figures. @That their mines are wonderfully rich we do "not attempt to deny but they are unde- "veloped. We have offered them the very "highest prices which we can afford to risk. @and yet they demand about double this amount. We will not buy their property "t whatever figures they may be pleased to "set and they will find no ono who will I" Such are the sentiments expressed every day, by prominent gentlemen from California and Nevada, who, if they might buy at reasonable figures, would erect mills and set about the work of reducing orc without further delay. Now, we should not attsch any eensure to the course of our pioneer miners did we be- ieve they should ever receive the prices which they demand but, in all candor. we will say, that we think i, extremely improb- able that they ever shall.

 The result, therefore, may be readily fore. seen; capitalists will leave in disappointment and disgust, these valuable mines will be worked on an imperfect, money saving system, or hoarded up in condition of inactivity for the next few years, and then sold for about ene-haif the price now offered. The country. inthe meantime, will have been the victim of few too-sanguine owners of mines. who will have learned the extent of their folly, when too late to spply a remedy. The time to strike the iron to some purpose, i. while 1t is hot and, when men are eager to buy, is just the proper time for others to sell. Let our mine-owners, therefore-in the advocacy of whose interests, as we'll as those of the coun. try st large, we have penned this friendly ad . monition-see to it, that they do not ignore the golden prospects now in view, by driving from the Territory the only class of men who posses the means of it's redemption. The good of the country and tho interests of the whole people-which constitute the matter involved-do not demand of you. gentle men, to ss even liberal; but they do appeal to you to be reasonable. Therefore, do not too long hoard up an nndeveloped treasure Tor money which is not available, is not mon. money, but useless deposit of metal and smine, however rich. that yields nothing, is ~ idle as painted Hower-garden on paint. d isndscspe.