Balkan Peninsula -- Description and travel; Eastern question (Balkan)
At the Rebel copper mine, which Mr. Finney himself discovered, he found
ancient workings that had been shored up with timber, but so long ago
that the wood was petrified! Again, the wood was pine, which does not
now exist in the forests. The latter are all beeches, and it is known
that in course of long ages beeches kill the pines. At the mine in
question is an extensive copper-smelting works, and a very large
percentage of metal is obtained. All over this same district Mr. Finney
has prospected, and declares that in the mountains of Medvednick and
Povlen there are large deposits of lead, copper, silver, and antimony
all awaiting exploitation.
Some very important copper mines and smelting works are at Maydan Pek,
and have been worked at a good profit for years, while at Bor there has
been erected a large smelting works, which are capable of producing ten
tons of copper daily. Large deposits of antimony exist, to Mr. Finney’s
knowledge, at Zajitchar and Krupanj.
“I quite admit,” said Mr. Finney, as we were chatting, “that some mines
in Servia have not been successful. The bulk of them have been
over-capitalised. Take, as an instance, one company with £300,000
capital, which left £20,000 for working. The consequence is that the sum
at disposal has not been sufficient to develop the mine or to work
sufficient to pay interest on £280,000.
“Again, in many cases men unacquainted with any foreign language, or
with the customs of the country, have been sent out here to manage, and
with instructions from a board in London utterly ignorant of the
requirements of the case. As an instance of this, a certain company that
I could name sent out to Servia six managers in three years. In such a
case, with a manager dependent upon interpreters and ignorant of the
people, the price of labour and materials rises from 200 to 300 per
cent. I have known these prices to be paid. Again, there is some little
reform needed in the mining laws, and the Government would be well
advised if they compelled the communes to put the roads in better
repair. Transport is at present somewhat difficult, and if the communes
put the roads in order they would, in the long-run, greatly benefit by
the opening up of the country. Such,” Mr. Finney added, “are some of the
reasons why foreign mining undertakings in Servia have not been
altogether successful in the past. But for the future there is great
hope, and English capitalists will do well to regard Servia as a field
where good profits may easily be made.”
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AN ALPHABETICAL LIST OF THE PRINCIPAL SERVIAN PLACE-NAMES
Public-domain text, read in full here on John Shaqi.
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