Adventures in the Wilds of the United States And British American Provinces

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Adventures in the Wilds of the United States And British American Provinces
Charles Lanman
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But notwith- standing all the fuss that has been, and is still made, about the mining operations here, a smelting furnace has not yet been erected, and only three companies, up to the presept time, have made any shipments of ore. The oldest of these is the Lake Superior Company ; the most successful, the Pittsburg and Boston Company ; and the other is the Copper Falls Com- pany, all of which are confined in their operations to Point Keweenaw.
This point is at present the centre of attraction to
... those who are worshipping the copper Mammon of the age. It is a mountainous district, covered with a comparatively useless pine forest, exceedingly rocky and not distinguished for its beauti- ful scenery. As to the great majority of the mining companies alluded to, they will undoubtedly sink a good deal more money than they can possibly make ; and for the reason, that they are not possessed of sufficient capital to carry on the mining business properly, and are managed by inexperienced and vi- sionary men — a goodly number of whom have failed in every business in which they ever figured, and who are generally ad- venturers, determined to live by speculation instead of honest labor.

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