Black Hills (S.D. and Wyo.) -- History -- 19th century -- Fiction; Frontier and pioneer life -- United States -- Fiction
Their places were taken by the speculator, the miner with a little
money, the small capitalist willing to invest and not unwilling to work
with his own hands. These men paid a certain modest amount to the
first discoverers for the chance to take chances on the embryo mines.
The prospector never had the patience to wait, or scheme, or develop,
to the justification of a better price. The excitement of the chase
was his. He was a master who sketched, in bold comprehensive strokes,
the design of a work which men patient in the little details must fill
in with color and value. Having thus outlined the lifetimes of men,
the prosperity of the whole great industry that was to be, he was
content to move on to where a new and virgin country offered a fresh
canvas to his creative genius. He was always poor, but he never pitied
himself.
The new owner, then, represented the investor. He expected no
immediate returns. He was willing to wait. Meanwhile he spent as much
time in going over the fifty thousand square yards of his one claim as
his predecessor had in examining the whole twenty-five hundred square
miles of the district. He carefully analyzed the lead, its tendencies,
its virtues, its defects. When he had fully satisfied his mind, he
sank neat, square-timbered shafts, from fifty to two hundred feet in
depth, from which ramified tunnels, both across and along the drift.
The débris he piled outside, without attempting to save its value. In
this manner, gradually, he came to possess points of view from which
the next purchaser of the claim could plainly see its worth and
possibilities.
For this second proprietor never expected to make his profit from the
ore. That accrued later, and to another man. When the country became
a little known, the other man would happen along; he, in his turn,
would be willing to invest; and the present holder of the property, the
middleman in this queerly constructed industry, could measure the
success of his undertaking by the difference between the price he had
paid to the original "grub staker" and the price he now received from
the future developer. Meanwhile, he worked hard with his hands.
Thus the camp presented the phenomenon of a community prospering on
nothing more tangible than hope. When the cabins began to crowd
thicker and thicker between the walls of the little gulch, Bill Martin
had been forced to give up agriculture because of lack of room; so that
Copper Creek produced absolutely nothing, not even potatoes. Every
cent of its present and actual value came from outside, either with the
men themselves, or with some investor who brought in the price of wages
for a contemplated improvement. Only as long as there existed in men's
minds the comparative certainty of a future stamp mill, by which the
quartz could be made to give up its treasure, would the machinery of
life run well. Hope depended on confidence.
Public-domain text, read in full here on John Shaqi.
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