Eastern  capital  and  eastern  men  are  now  coming
hither  in  force,  and  promise  soon  to  start  up  anew
the  rather  dormant  life  of  the  State,  and  give  rapid
and  profitable  development  to  its  great  mining
wealth.  One  small  circle  of  New  York  capitalists
have  already  invested  about  two  millions  dollars  in
mills  and  mines  here  and  m  Austin,  and  by  the
help  of  a  liberal  faith  and  the  employment  of  first-
class  agents,  are  doing  well  in  all  their  enterprises.
In  view  of  this  fact  and  example,  and  the  wide  in-
terest manifest  throughout  the  East,  as  to  this  min-
ing wealth  and  the  chances  for  realizing  from  it,  let
me  organize  some  conclusions  from  my  various  ob-
servations and  statistics : —

I.  The  eastern  slopes  of  the  Sierra  Nevadas  in
both  California  and  Nevada,  and  the  mountain
ranges  of  Nevada,  are  undoubtedly  rich  in  copper,


CONCLUSIONS    AS    TO    NEVADA    MINES.  1 55

silver  and  gold,  silver  being  the  predominating  and
most  available  metal.
2.  In  spite  of  the  scarcity  of  wood  and  water,
and  the  high  cost  of  labor  and  food,  consequent
upon  the  great  distance  from  supplies,  and  the  lack
of  railroad  communication,  the  extraction  of  these
metals  will  pay  generously  for  the  wise,  careful,  hon-
est and  persevering  employment  of  capital  and  labor.
