. A glimpse of old Mexico; being the observations and reflections of a tenderfoot editor while on a journey in the land of Montezuma . min-ing expert who has visited Mexico, when I say that the surfacehas barely been scratched, that there are still countless prizes toreward the prospectors enterprise, and that when capital finallydirects its magic influence this way in earnest, the land of theMontezumas will become, once more, by far the greatest contrib-utor to the ever increasing demand of civilization for the preciousmetals. But gold and silver do not by any means constitute the onlygreat m
. A glimpse of old Mexico; being the observations and reflections of a tenderfoot editor while on a journey in the land of Montezuma . min-ing expert who has visited Mexico, when I say that the surfacehas barely been scratched, that there are still countless prizes toreward the prospectors enterprise, and that when capital finallydirects its magic influence this way in earnest, the land of theMontezumas will become, once more, by far the greatest contrib-utor to the ever increasing demand of civilization for the preciousmetals. But gold and silver do not by any means constitute the onlygreat mineral resources of Mexico, although until very recentyears they have been the sole objects of the miners quest. Out-side of these, the mineral wealth of the country is enormous, butstill almost entirely undeveloped. Some inquiry has been madefor copper properties, since the great advance in the price of thatmetal, and agents of foreign capitalists are busily examining prop- 72 A GLIMPSE OF OLD MEXICO ositions of this kind. One -mine, the Santa RosaHa, located onthe Gulf of California, is now rivaling the great producers of our. j fa 1 - V *• ? ^^^ ^k.^ .* ? ?? Constructing a Pipe Line for Power. Mouth of Tunnel and Settling Tank. time. It is owned by a French company, and during the year 1900is said to have paid dividends amounting to forty million francs(about $7,200,000). Large plants are being installed at manyother localities and Mexico will soon take a foremost place in thecopper industry. Some of the most remarkable iron deposits of the earth arefound in Mexico and remain as a rule to this day untouched byman, and in most cases, not even under private owaiership. The A GLIMPSE OF OLD MEXICO 73 Iron Mountain, a mile or so from the City of Durango, is a largehill, one solid mass of nearly eighty per cent, iron ore. Asidefrom the enormous amount of metal visible, it has also been as-certained that it extends to a great depth beneath the surface, thewhole constituting w
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