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Show SILVER ISL AID. A Wonderful Mine of Silver It Promt Coadlllon. The magnificent visions of eastern rom h ncem are -quallcd by ihe realitie-of realitie-of Si ver Inland, a desolate rock p"iii sevtnty or eighty feet fquare, pr get-ting from tht? stormy wa'ers of Lut Superior. Wiihin 'he breat of thir rucky point in our great inland oceai are buried un'old treaue, which lot ages hve laid hidden from the eyes nl tuan, but whi-h have bceu revea'ed ti ihia prying 19th ceniury, and whicf -pwiu d stmed to prove indeed a mine nf wealth to the couipany now ownini the prctnm, of which Captain K. H Ward, nt this city, is the manaeer. Silver I-ljnd lies Mime ihrce huudied feet aw;iy f oni the Canadian chore oi LiL Superior, in Thunder Buy, ana until ree.eti! y was regarded merely as u dariE' r io nuvigaiion, an ol ject to b st-rupuliuly avuidej. Now, itisknowD that the roek.i uf the island and it? vic.nity are rich in t ver, and arrutige-neiits arrutige-neiits h vii been made for wining in lit-Mt as tkr a- the main land, if fouuc des rable. The inland is so low and such a uire sp-clt in the lake, that iu i ea the wjvcs weie wtnt io wa.-b en tire'y "vir it, rond-;iin,f tt altngethei 'inifih .bitahle, and pre,-eat inn great d thculiieain the ay ol op'-ninga vein. It b'-c:iuje necessary that bieakwatcr.-hould bieakwatcr.-hould be Luil t all about it, and largo expuuees incurred bef"ie i he location could be workid it all. The present company nought i he property from a iMonireul -ouiiiiiiy lat August, und corjjuienced tiuililing hi-e kwaiera September 1-L ileliiru the close of navigaiion they had completed their erec ion and bad uiricd twenty-two dsiy, deniiing to the snipl'ing works in New Jersey some .$84,000 wurih uf or. Operations 'lave a Dee been continued, and there i re now on their way from Like Supe-O'toihi-. cry some 200 bairels tf ouk fii ed with trea.-ure. YeMerday a number uf .-peciinens were at the office if L'apt. a d, all rich, and the silver ;iis'ening iu the sun, sugesting brilliant bril-liant vis on3 of w.-alth. One huge piece of rock weighed 2000 Ib. and eo rich in silver were its veins that it was stiuii t id it woulti yield between $5000 ind $6000 n value. Many speeiujeti have already been tested, and ihe re-iuits re-iuits have proved eniincniJy sali.-fiio-ury. Il is thought the ore as a rule viil not avt'rage le-s in its yield than from $ 1 500 to $'J000 per ton, and at thi? rat it woulil prove immensely re-uunerative. re-uunerative. Smelling wurks have ieeti built at Wy.in luite, which ae oow nearly ready to go into operation, md it is designed that the Piueltin -hall be carried on there. The com pany ha- sold a small am unt of stock, and we believe it was originally intend i d to put a mure large auiuuut into the market, but the deMtrn has apparently wen abandoned on uei-ount of the mh-ies mh-ies of the ujinejand the present stock-ho'ders, stock-ho'ders, it is understood, propose to .:any nn thft whole work themselves md to reap the entire harvest. They, of course, incur heavy expei bj at the utser, as the cost of the breakwater wan $80,000, and the smelting works cost $1UU,000 more. The great source of permanent expense ex-pense to tue companies iu the Far vV est working ihe silver.mmes has bceu he deep mining which ihey have been compelled to undertake, and tiicir cx-pen-oa have undi ubtedly been in-ei in-ei eased by the inacce&ibiliry of their ituation and the extreme cost of freight. The latter objections do not ipply in the present case, and there will be, at present at least. nuttmh Jeep mining. Ihe miners a e now noriiig nod blas'ing comparatively a -hurt distance belnw the surliic aud, though they will deepen the pasi-age us the go forward with the mine1, it is thought that no very deep work will be required even in getting beneath the suif-ice of the lake and w irking toward- the until land, some 3 000 feet lUiunce. All indications point to the urcat .-uccess of the enterprise, and incline in-cline one to the belief that this recent ddition to the mineral wealth of Luke Superior in one of the most brilliant li-cuveries that have been mad; iu marvellous region. tro 't Tribune. |