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.
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Famous quotes containing the words silver and/or mines:
“While this magnetic,
Peripatetic
Lover he lived to learn,
By no endeavor
Can a magnet ever
Attract a Silver Churn!”
—Sir William Schwenck Gilbert (1836–1911)
“The humblest observer who goes to the mines sees and says that gold-digging is of the character of a lottery; the gold thus obtained is not the same thing with the wages of honest toil. But, practically, he forgets what he has seen, for he has seen only the fact, not the principle, and goes into trade there, that is, buys a ticket in what commonly proves another lottery, where the fact is not so obvious.”
—Henry David Thoreau (1817–1862)