186 
AMERICAN GEOLOGY. 
There will also be a loss of ten tons in shrinkage, which will 
leave only ninety-seven tons of ore after it has passed through 
the several operations. As separated ore is now selling, this 
will be worth $253 00 
Phosphate of lime saved, worth 125 00 
The allowance for loss in separating by water is about 
twelve tons per one hundred. 
VALUE OF THE MINING PROPERTY IN CERTAIN STATES 
OF THE UNION. 
§ 113. The country is not wanting in a class of persons who 
decry mining enterprises and pronounce all attempts for develop¬ 
ing its mineral wealth, schemes more fraught with expectation 
than with reasonable prospects of fruition. This class, though 
wealthy, never invest their means or their money in mines. 
There is another class who may be equally unbelieving in 
the real value of mineral property, yet are ready to plunge into 
any scheme or project in which there is enough to make a bub¬ 
ble, something which may be inflated info consequence. This 
class of men have little to lose, and being reckless in represent¬ 
ation, are ready to avail themselves of such arts as are neces¬ 
sary to advance their unrighteous schemes. 
There is also a third class, who look at matters in a different 
light. They are satisfied that there are valuable mines, and 
moreover, they look at the world as progressing in the arts, and 
requiring every day for its progress, the wealth which is con¬ 
cealed, except to the eye of science, in the bowels of the earth. 
They see that for years to come, the increased wealth of the 
nation is to be drawn from this great storehouse. They are dis¬ 
posed to invest their money in this kind of property, and to be 
content with the fair gains of the business. They are aware 
that it is not without its risks, but to diminish them resort to 
all the means which may be necessary, in each particular case, 
to secure a successful result. 
