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Show h n 1 ft DEVOTED TO THE JAlKlHG JnTERESTS OF THE jEEKLY. JlEWSPAPEP VOLUME I. EST. SALT LAKE CITY, SATURDAY, DECEMBER 25, 1$S0. 1? jj NUMBER 10. TWO KINDS OF MINING. men and communities. Large and increasing But tlio most CMicouraging indications of the have been sustained from their presence of a body of ore in the vein on the While the future mining speculations and populations and towns and cities, with all the ac- Second South Extension property are found in of stuck companies is extremely doubtful, that products, of civilization have resulted as the masses of ore strewed over the slope of the of legitimate mining is not. The reasons are companiments the natural outgrowtn. Many localities can be hill below the line of contact. Only tlio obvious. The former is largely dependent on named where received harder part of the ore would resist erosion, and the amount of excitements, on unusual productions, and on in a decade or two, or from the capital time of the first in the Horn Silver mine this hard ore constithe speculative inclinations of the public. discoveries, has been insignificant, and that, tutes but a small portion of the mass. Yet The latter is sustained by hard money taken applied in so worthless a manner as to be of no fragments of this are scattered in abundance from the ground in paying quantities by benefit. The localities referred to here have over the surface on and below the middle porsomething as substantial as the precious metals grown to their present unfailing producing ca- tion of the claim, and large quantities of it are themselves. Mining can be caried on without annum within a very said to have been collected there, taken to the pacity of millions regard to the condition of stock markets when short space of time.perIn one case it may be two furnaces and worked. mineral veins are worked simply for what can in others ten, and in others twenty. The It might have been expected that the most be made of them, and not used" as decoys for years, advance guard who made the first discoveries of the fragments would be leached out of the out of the money making general . .'public ., were, as usual, with prospectors, poor in purse. fragments of ore as long exposed as these have . v. riii ie ui i men o capital in mining, m open Since then thrifty populations have succeeded been, yet some of the pieces picked up have ou u m niw oi or iu prom-- them, with resources and piohtable jg up productions suflioient assayed very well, going over 100 ounces to Lr n 01 meditalde um. ls .l to induce capitalists to build railroads over al- - the ton. Fragments of ore of precisely similar n,7o , am"r iiuii orious w 10 ioe engage therein,1 most impassable mountains to reach them. In character to those found on the below so u mourn secured i used solely ie pioxn any ()f these flourishing mountain towns are the Horn Silver mine, but so far as I know, at K 1,1 Lu1 1L tse ni haiul. hanks, vlicre the miners aggregate deposits no other point along the course of the vein exs ion and caietullx . and i!e jc uei .range from hundreds of thousands of dollars cept that just described on the Second South not wasted in the schemes that suggest llp tl) millions-a- nd all accumulated from Extension. themselves to the many ot inexperienced man labor in the mines within two. ten or fifteen The opinion of Y. A. Hooker, E. M., endors01 ( raised ls 011.L- 4,f'5tJiisilil More than tiiis much money is contin- ing that of Professor Newberry, reads as . oi ie puipoc o oingnig a inine into a pay-- , yi,irs. U:1v t)(.ino llSLMj jn prospecting and develop- follows: Upon looking over my notes on the l com o with oi it ion, uiu.si ing hoisting jug, or in what mav he called experimental Second South Extension of the Horn Silver works, or reoiictioi. works, or all three mease W()rk. while other sums are sent away to fam-i- mine, which I examined in connection with the. . .no nu.( u . the resource-oiiequ(Mitl , ilis or friends in the east. or in Europe. Such latter property in March, 1871,1 find that they o ic company s umsuix should not he wasted results are evidences of contain no points that are not discussed bv. legitimate mining, m any other wav nor used extravagantly ini Professor Newberry in bis report of August 20 Moru tliau ,lus, tlio mine S0UTH HORN SILVER MININS COMPANY. last, already published. It, therefore I should should be steadily, and as much as write you fully my opinion of the propert, it nf .livi, lends at reu-- j possible fur the payment As the Horn Silver Mine, of Umh, is would only 1m corroborating the able testimonv . , .n n s. is ieie the reer-- e is the aeknmvhsliiecl to lie one of the richest mines in of Professor Newberry. This, in brief, I cheerease where ,t nneseon tents lire eaneelli.l, its liir ils explore, 1, bavin- - in the fully do. I liavo always maintained that the tK, stock aepivsse.1 an. .lisconraue.l, investors led ,..,rt mnv opt ne.l, aceordin;; to Professor J. S. evidences presented on tin second extension 0 st out a o minthat -' tirnies, legitimate Xcwherry, a nsiws vain t of from tliirtv lo fortv south of the Horn Silver mine were more than 1111 I ,lu' millions of dollars, a of the pro- - siillicient to demand its thorough exploration lll?r,1'" I are many eases where capital is n ceded L.riv owned l.v the descriptionahovo named with a reasonable expectation ot satisfactorv in nniniiL' enterprises. In one instance it may which has heon'recentlveompa.iv nrttan'i.ed will, some results. l.e abso ule.y necessary to place a deserted and Xe'w residents of York as its managers, water Idled mine in proper shape. In another; wjH f value. Tu, ,1K.rlv )i(.s i.r,(,ij (ivt ns mam advantaKe is m expedilinu matters, CARBONATES. of som, Il)nl silver location, and extends cinn ruing production and in miur.i..- - ex- l,r.(!t feel, nlonii the course nf the vein. Jt is Prof. Stanton advances a theory which is Nie i investments are adviinluueous lenses. keii 1V X0wl,eiTV as follows: prole,n. and reasonable wnerc the value ul mines In.vej This well wortbv of investigation. Hesavs: forms part of a true Insure been .roperly teste, I. I. tit the iiiiiiiii" nidus- - vein which has a nearly north and smith Tin carbonate depo-it- s an always in consailers Iron, try investments made on severely tiie lies and line of c.mtacl nection with aloinr veins, and it matters not, properties either worthless or o loo limited a between a mass of li...eslone and quantile that character lo repay the outlay he Last is full r,,rm the of! in mv opinion, whether a deposit, or he of bell Mountain a and (irampian Ul such coup lines organized on such proper- traidivte which '.orders that mmiiitain outlie! carbonate mineral is worked out or not, the ties, and more propositions ul like nature are ,,ast. vein will he found far below it, to The lissiire is traceable for the distance true now awaiimj: the decision of moneyed men. of more than a mile north and south of tl.e be found v exploration and worked as lon seliemes is tu stuek Horn Silver Mine. It is indicated at :,l,Jvt ' and prohablv longer, , frequent; a this generation exi-lbeui as luuli as possible and sc, I oil tin- - stock intervals bv the file idea of the mines of Leadville. or anv projection of the foot wall ociore tie1 worlhlessness ot the mines is aseer- - which from its solidity has resisted erosion, other portion ot Colorado, playing out, is so mu , i) t ii wax tin oi lgnpil seller and the better than tin vein or wall, and at supremely ridiculous it is a lit subject for jest. who hac taken bold ot the some place- - rises several banging 7.1 .llM 4l K1 .it (1 lie tact ol a carbonate deposit being worked feet above the surface' an to cm u h themselves and rob their neigh- - and also .bv nnmerons excavations whieli have. out but the beginning f the work. The m, aie ena led to rake in quite a pile nl exposed tin line of contact ami more or less sulphurets heiow xb'iid regularly in true crewhile the stock inoney, investors have only ,f the ledge matter. vice -- vie; how tar, (led or nature onlv knows II i iti ,(,i and a lot ot worthless eertili- XIM. "rife most extensive explorations have, lmw-i o o t .1 in ionolation from. Such opera-- , ever, been made on the second claim south oi MINING SCHEMES. nonsan.ltlieei.nduetingi.fniiiusintbeiiUer-ltliHorn Silver mine, the property of Mr.. u stoik mampulatoi are continually tear !()dv, and here are found not onlv the best It is a mistake to suppose that the mg down the good reputation the mining exposure proofs of the continuation of tin vein, hut tin of hurts frauds the Irom mining acquires mining business steady and uniform best indications of an on body in it. which I l1 "ducts, profits or dividends in other On the contrary, it helps it. One fraudulent quarters. saw outside of tiie Horn Silver property. I hat ha bom cxtremclv prolitable mining Tnc excavations made in the lime-tonmining scheme does more harm to the indus!n many quarters cannot, be disputed. The above tlit vein follow shoots of ore. which dip: try than ten good companies can undo. It is o "biding mi slates and territories in the eastward towards the line of contact and arc tiie duty of every honest mining man to help "tern wilderness" within a few short vears doubtless spurs from the main Vein. Similar; in breaking up the swindling concerns that Videnees of the fact. and silver (told in the past, brought, mining into disiv- shoots of ore mav be oen iij"tl4 lisjjieMoVc, ht ninies have been found that have enriched above the on bodv in tin Horn Sil.verfiiuinc. prite ;tuil threaten to again. i- - , 1 1 bill-sid- e j . i ; - L ; TCC iru I i i 11 , I ; . j; l. : - t, mv-bnd- v to ! e. ; li-si- m . 1 1 - li-s- ! ure 1 1 s, i 1 , i i t J a e ' in-mi.-l- . rv e, j ; . JCTM ' |