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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (Sept. 24, 1902)
Wednesday, September 24, 1Q02 THE "SUMPTER MINER SOMETHING ENTIRELY NEW THE CONSTELLATION 83 S& FIRST OF STOCK Constellation Gold C. H. McCOLLOCH, P. O. Box 185 L OVERPRODUCTION OF GOLD. ProfesMr Shaler't View on the Subject Conclusively Refuted. I'rofcxxor N. S. Shalcr, tin geologixtof Harvard unlvurxity, Who' 'prninnlgaUtl xonie xtartlihg theoriex about gold pro duction some time ago, ainlnowannoiin ouh that gold widely diff lined through ttoth the'water iiml IiiihI f thecarthaud that the chief ilitlU'iilt'y eonxixtx in get ting it out. TIiIh in a iroHriitiitii that iloen not admit of xiiccexxfttl eoutradic tion, even though it laekx thu merit of originality. Thu melancholy fact wan learned long ago. Still the profuxMir admitH that a great many men have overcount thutlitliculty, that the gold production of thu world ! increasing, and hu therctiixin llgurux that thu next thing there will hu "an in creaxuinthepriceofeerylhing for which money if paid," which meant that cold will partly lose it present purchasing Miwer. 1'rnfexxor Slialur further argue that, uk thix rixe in prices will iuereaHO the coxt of mining gold, It will "tend to lexsen thu prntitx of xuch oMiratioux," and "at xomu Miint in thu movuuiuut" a balance would Ixt attained which would check thu further increment of thu cup ply, or, in plain Kulixli, hu thinks that if the world keep on increasing thu an nual gold output everything will net ho dear after a whilu that it won't pay to mine any more and that there will then be a decrease, in the world'x annual gold output. Hut thu profexxor, in writing that way, forgutx or ignore thu fact that even if there wure xuch a general nxu in prieex, all other fornix of miniiiK would have to ceaxe before cold milling itxelf could hu affected a condition that twentieth cen tury progrexx makes manifestly liuxxi ble, gold being thu standard of valuex, monetarv and othcrwixe. The break ill THE "PROPERTIES OF THE CONSTELLATION GOLD MINING COMPANY Comprising Ten full claims, Mill Situ anci Water Right, are. located in the rich Cable Cove District of the Sumpter Gold Fields. Upwards of 1000 feet of Development Work prove a Continuous Ore Body, 3 to 8 feet wide, from which Fifty assays give values of 4.50 to $9.50 per ton. . The officers ancMireictors of the company comprise some of the best known mining operators of "this district. J- The Company is Incorporated for 1,000,000, Par Value Shares 1; One-half, or 500,000 shares, is reserved as Treasury Stock , for Development Purposes. To provide an immediate De-' ' velopment Fund the company offers to the investing public . 100,000 SHARES OF TREASURY STOCK AT TEN CENTS PER SHARE FOR PROSPECTUS, MAPS, ETC., ADDRESS I'rnfexxor Shalcr'x argument in lack of recognition of thu one prime fact that thu uiorti gold tint more money, of thu value that gold alone can licxtow, and that unlexx gold in "demonetized" and xomu higher xtauiiaril of monetary value created, present conditions will continue. Theru in, however, another, phase of thu whole subject that hax more than an academic interest. Tint increased out put of gold in not the direct result of gold milling ar xe. Nowaday there ix a general tendency to having gold pri' ductioii lower thu price of nearly nil other nielalx mined in connection theru with. Ax xilver xouie years agolK'gau to'' Ik1 a by-product to lead mining in many' iiixtaucex, xo in gold mining there ix now ' incidental production of lead, copper; and' xilver that Ix, where the ore in it-' xelf would not pay to he the gold alone extracted, other metalx are now pro duced in the proccsx of mining gold, and that, loo, in iucieaxiug ipiautitiex, to the effect of deprexxiug the price under the immutable lawx of xupply and demand of all metalx xo produced, excepting gold alone, wh:ch, being unaffected by couiK'titiou, maliitaiux itx standard price. Theru ix xtill another idea in connec tion with thix that further leudx to up- xut I'rofexxor Shaler'x argiimeiilx and deduct ionx. lie overhxikx thu geciirnl progrexx. Thu great development of the world, thu tremendoiix business activity and thu conxeipjcut monetary require iiientx will more than offxet any increaxu in gold xupply. South America and South African deeopmeiitx, the ox'li ingof thu Orient, thu Inevitable changu of countries now dominated by .ior money to the gold xtuudard are among the xolid aiixwerx that negative the pro fexHor'x argument. Thu manner in which great production of gold Ix dixtrihiited ludicatex how little Mining Company I SECRETARY Sumpter; Oregon attention gold ininerx any where need uiy to thexeeouxtaiitly rccnrrlngartielex concerning n poxxiblu gold glut. Mining and Scientific I'rcxx. ,t NO TROUBLE WITH THE UNION. - 'inninlony of exixteucu and iictxiixa pan- KiiiToiiSieiiTKii.MiNKu: Inaxmuch'ax-, ' 'r dull care, by taking iim out of there bax been a rexirt circulated 'll worn channelx of worldly anil iipiiiiTiI Sumpter that Itnurue Miiierflt btixincxn xtiugglcM. Ileforo xtartln'g upon I'nioii No. 42, Western Kederatloif of 'n-trip, whether on biixiuexri or reerea Mluerx. would not crmU men to work'!1.-"". H I" '! lniiilru and invextlgato at thu Cracker-Oregon, at lloiime, more-1 - varioux routex. mid ehiMtxe thn one than nine hourx per day, wu would like1' offering thu licxt iiiiliicemenlx in thu way to have all xiiple know that Xo. t'.' wax of comfort and at tract ionx." Thii trav not cognizant of any difference between (Her, U touri-d or biixinexH man in wlxo employer mid umployee, mid that we , In xeleetlng the Itio (inutile linen in a took no part in the mutter whatmei. j Journey to and from the eaxt, ax it offer And while the n.eii that axked for iiini-. 'tiT.v:r fort and modern comenlmico hours havuour.xympalhy In the matter to xuit all claxxex of travel, with mi ar id getting xliorte'r hourx to constitute a ray of xcenie attract ionx uiixurixxeil in day'x work, llial wei xldered the mat-'lhe world. Caxtle (into, The Canon of ter ouMdo of our jurlxdletl Il you U"' (irniiil, Marxhall I'axx, 'IVniiexxeo will give thix publicity you will confer-U faor 011 No, I J. .1. I). Mi-Don.w.ii, Till. See'y Itourne l. t No. 12. ' Itotirue, Oregon, September 17, MM2. Lost Cable Mine Discovered. Kunxax City, Chicago mid St. Loiiix with- The famolix l.oxt Cab due hax U-en '"' """I-"' A lM'r''', MnU ,,,r M'r- linated on the xouth fork of Murderer'x vl'"- Agentx throughout the northwext creek, forty ndk'H from CanonCitv and " "" I'I'Ih via thix route, ror a like dixtance from Dayville. The .t . r""'H' "'"l,H "I''1!111 ',f,,r,,",l T .V '"r cabin, from which thu pro,H.rlyac.,i.ire,l "W '( lx;"ti(ul (Hx.klet, "With Nature itx name, wax found Inailihipidatedcou- '' ( "I"""'"," "'"' " 'l ' Mi- ilitiou. Thu old xhaft xunk near the ,,'; u,'",'rl or M-J- K"'; cabin, in which wax found exccllngly 'II'W l-HxenKer agent, ll Ihlrd rich placer gravel, wax alxo found. The , ,r,'',' INrtluil. Oregon. Itslge, now Mng develop! wax about lirriHOI1 " ; (jilint ,.mvi,,.r uighlinchuxwiduonthexurfaceaud at HaH tmv i(ir , ,,,,,,,, tMm a depth of ten feet hax widened to two ,,,, ,mr.r, ttlutll Sl ,er. feet. I-nun the xurfacu the ore wax highly mineralied, mid hax the apx-ar-l mice of developing into a propviiy win of the fame. Now lllld the Itlue Hmket mine, and Oregon hixtory will he indl-' cated. rrlneville Journal. i MINE j& One of Llfe'i Plenum. '. There ix nothing in life more en joyahlo mid at the xanie timu xo beneficial to hnth'iulud and body, ax trawling. A modem railway journey, intelligently laW, lendx to prolong life, break tint I'axx anil the worlil reuowiiMl Ifoyal tlorgu are hut a few of thexo atlractioim xeeu from the car wiiidowx, Thiee faxt tiaiiix daily between Ogdeu and Denver. I'lillmiiu palace mid ordinary xlecplng carx on all tralux to Denver, Omaha. Iaihmi your meaiuiru for a xuit of clotliex at Neill Mercantile compauy'x. Something to ileM;nd powder. iixin (iiant