The Underground World: A mirror of life below the surfaceKnox, Thomas Wallace
History
The Underground World: A mirror of life below the surface
Knox, Thomas Wallace
Caves; Mines and mineral resources; Social history -- 19th century; Tunnels
Time passed on; that is to say, a few weeks passed on. We visited the
office of the company every day or two, and heard nothing but the most
glowing accounts. We heard daily of unfortunate and grief-stricken
individuals who had been left out in the cold, who were seeking
frantically to obtain some of the Revenue stock, but found, to their
sorrow, that none was to be had. Each of us had invested his one
thousand dollars, and was not allowed to invest more. Those miserable
beings who had not been in on the ground floor, and were anxious to
buy, were offering,—so we were told,—a hundred per cent. advance for
shares, but none of us would sell. We scorned to double our money when
we should soon begin to receive every month an amount equal to our
investment. Never did a bull-dog cling with more tenacity to the under
jaw of another bull-dog than we clung to the stock of the Revenue.
[Sidenote: MORE MONEY.]
But soon our picture of coming wealth began to lose its brightness.
Our first dividend was an Irish one. As soon as the sixty thousand
dollars were paid in, we were told that the sixty thousand dollars had
gone for the purchase of the mine; that is to say, our half interest
in it. Thirty thousand dollars were now needed for the purchase of a
mill. Of what use would be a mine without a mill?
We admitted the force of this reasoning, and, not without much
grumbling, we raised the money to purchase the mill. With the
innocence of toothless and milk-imbibing infants we supposed that the
purchase of a mill would put our mine in a paying condition.
The mill was bought, and then we were told that money was required
for transporting it from San Francisco to Frogtown. About that time
I began to see a hole through the ladder, and concluded there was
a large-sized cat in that beautiful meal tub. I determined to send
no more good money after bad money, and refused to pay any more
assessments.
Some of my friends, however, who had gone into the enterprise,
determined to stick to it. They paid the money on their share, or as
much as was required for the transportation of the mill. When this
was done, there was a call for more money to purchase a steam engine.
Then the confounded engine had to be transported from San Francisco
to Frogtown. More money. Then a mill site had to be purchased. More
money. Then the mill site must be prepared for setting up the mill
and machinery. More money. Next, the mill must be set up. More money.
Next, a wood ranche must be bought; you could not run a mill without
fuel. More money. Next, a shaft must be opened. More money. Next,
a road must be built from the mine to the mill. More money. Next,
chemicals must be bought for extracting the silver from the crushed
ore. More money. And so it went on.
Public-domain text, read in full here on John Shaqi.
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