Panamint Silver Mines
In 1874, Jones and fellow Nevada senator, William M. Stewart, invested in the Panamint silver mines near Independence, Inyo County, California. Jones planned to build a railroad from the mines to the ocean at Santa Monica. By 1877, the Panamint mines were exhausted and closed.
Read more about this topic: John P. Jones
Famous quotes containing the words silver and/or mines:
“On the bare upland pasture there had spread
O’ernight ‘twixt mullein stalks a wheel of thread
And straining cables wet with silver dew.”
—Robert Frost (1874–1963)
“Beautiful credit! The foundation of modern society. Who shall say that this is not the golden age of mutual trust, of unlimited reliance upon human promises? That is a peculiar condition of society which enables a whole nation to instantly recognize point and meaning in the familiar newspaper anecdote, which puts into the mouth of a distinguished speculator in lands and mines this remark:M”I wasn’t worth a cent two years ago, and now I owe two millions of dollars.””
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)