| Show mines around salt lake city seated around the barroom bar room stove for it is always cold at night in alta I 1 asked of several miners how many mines they supposed there might bo be within fifty miles of salt lake city these mizi miri miners ers and antl others whom I 1 met inet in other uther districts agreed an the average with this broad statement there are around salt lake more than locations including working mines and prospects of which over a thousand are in operation employing more than twenty first class and several small furnaces and ten thousand men in operating the whole the value of production is over annually to whose benefit does this enormous wealth accrue not to the working miners mine rs who are always prospecting pros pectin kyj kyp and always poor but to rich capitalists and thriving speculators doubtless the mountains are full of silver and lead and if capital could be obtained to work all these thirty thousand prospects nyrl nhi annl a hundred amundred thousand thou and more i iula iun might be found silver would so ho glut the worlds markets that its purchasing value would be materially reduced but only a few of the tilo largest mines are worked to their full capacity while most of even those are used simply for stock jobbing purposes the proceedings cited in regard to the emma apply to many of the rest A mino mine is is bought for a few thousand dollars dol doi lars lais and by trickery or false representation is put on the market for hundreds of thousands or millions which if operated on the basis of its true value would yield paying dividends with the present resent fraudulent system it pays nothing n oti ling to the deluded purchasers but the mines will all contribute largely to the prosperity of utah and especially to that of sait jait salt lake city by bringing in population tio n an and capital and enhancing the value of real estate the safest speculation is not iv IR mines but in houses and lands on the next day under the of mr sweeney I 1 climbed the hills bills looked into a hundred small holes or prospects talked with the miners who in their poverty were living on rich hopes for the future and then my previous ex pe in gold mines at caribou serving as a warning to be careful prepared to leave little cottonwood without yielding to the temptation of silver the mormon Cou country nery by john ij odman codman |
