Such instances, however, of good fortune are very rare, for mining in
Cornwall, as elsewhere, is much more frequently attended with
disappointment and loss. Sometimes an apparently rich produce is
absorbed by still greater expenses, or veins very promising when first
opened fall off below, and occasion immense loss to the adventurers. A
sudden fall in the price of the metal is alone sufficient to render many
of the poorer mines perfectly worthless for a long time.[53] Hence
nothing can be more hazardous than to invest capital in a mining
concern; and if Shakespeare had foreseen the delusions of modern
speculations in concerns of this kind, he could not more truly have
characterised them than by saying—
‘The earth hath bubbles as the water hath,
And these are of them.’
Footnote 53:
Since the discovery of the rich North American and Chilian mines the
price of copper has fallen about 30 per cent. The consequence has been
a great diminution of our copper production. Thus Cornwall and
Devonshire, which in 1856 yielded 206,177 tons of copper ore, worth
1,241,835_l._, saw their produce gradually diminish from that time,
and in 1865 furnished no more than 159,409 tons, worth only
753,427_l._ In 1856 the mean average price of copper was 123_l._ per
ton; in 1865 it was no more than 94_l._ 7_s._
Yet the hope of suddenly getting rich, and the very risks and daring
attending all mining undertakings, have an almost magical attraction;
and, in spite of numberless instances of loss or ruin, there will
probably never be a want of speculators willing to embark their fortunes
on this unstable foundation.
CHAPTER XXVII.
TIN.
Tin known from the most remote antiquity—Phœnician Traders—The
Cassiterides—Diodorus Siculus—His Account of the Cornish Tin Trade—The
Age of Bronze—Valuable Qualities of Tin—Tin Countries—Cornish Tin
Lodes—Tin Streams—Wheal Vor—A Subterranean Blacksmith—Huel Wherry, a
Tin Mine under the Sea—Carclaze Tin Mine—Dressing of Tin Ores—
Smelting—The Cornish Miner.
Tin is one of the metals most anciently known to man. Its first
discovery is hidden, like that of silver, gold, copper, and iron, in
complete obscurity, for even the names of the nations which first made
use of it are not known. Axes and lances, sickles and fishhooks of
bronze—the well-known alloy of copper and tin—occur among the ruins of
the ancient lacustrine habitations of Switzerland, and the tin of these
bronze utensils could only be obtained by commerce from countries far
remote, where it must, doubtless, have been known for many ages, before
it found its way into the heart of Central Europe. Thus a few bronze
implements picked up among other rubbish in the muddy bed of an
Helvetian lake open a long vista into the obscure history of primitive
man.
Public-domain text, read in full here on John Shaqi.
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