Digital Library of Georgia > "Thar's Gold in Them Thar Hills": Gold and Gold Mining in Georgia, 1830s-1940s

Announcement of the Dahlonega Consolidated Gold Mining Company, Dahlonega, Ga.
Pages 5-8

Author: Dahlonega Consolidated Gold Mining Company
Extent: 1 v. (64 p.)
publisher: Crandall-Bradt Printing Co.
publication place: Chattanooga
date: 1899
Repository: Lake Blackshear Public Library System
repository: Chestatee Regional Library System, Lumpkin County Branch
collection: Madeleine K. Anthony Collection
box: III-6
folder: 7
More information: About the Digitized Version

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"The gold is where you find it," says the miner's proverb; and truly no quest of ancient legend, of the Argonauts sailing out into the unknown in search of the Golden Fleece, or of the knights of old, riding forth to dare or die in the quest for the Holy Grail, is more wonderful than the unsung story of man's search for gold. From the time when the sacred historian said of the land of Havilah, "And the gold of that land is good," to the terrible hardships braved by the latter-day Klondiker, no peril has been sufficiently great and no privation severe enough to daunt the indomitable army of gold-seekers -- an army whose ranks are always full, though every setting sun may see them decimated by Arctic rigors or the pestilential breath of tropic jungles.

In this quest, as in many another search for hidden treasure, eagerness has often overshot the mark. To many a reader of these words the story of the discovery of gold

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in northern Georgia seventy years ago, overshadowed as it was by the greater California excitement of 1849, is scarcely more than a memory. And yet for 23 years there was a mint of coinage in Dahlonega, the principal town in the Georgia gold field, at which were coined $6,106,596., and this sum is set down as less than half of the output of the field during that period -- a period in which the methods of extracting the precious metal were necessarily crude and wasteful.

Since the gold discoveries of the far West with their alluring promises, fulfilled and unfulfilled, all eyes have been turned in that direction, and investment in mining ventures has -- too often with justice -- been classed as "extra-hazardous." It is the purpose of this little handbook to demonstrate by plain facts and figures that such investments may be neither hazardous nor unprofitable; that in a field where the immense ore-body is as yet almost untouched, where fuel and water are abundant, the climate kindly, water-power [water power] costless and practically unlimited, and labor plentiful and cheap, an investment in the stock of a conservatively managed mining company may be as secure as a like amount standing to the investor's credit in his bank-book [bank book], with its earning power multiplied many times by a factor as definite as the price of gold bullion in the world's markets.

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Hydraulic Working in New York Cut.

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Digital Library of Georgia | GALILEO

A project of the Digital Library of Georgia in association with the Lumpkin County Library, Chestatee Regional Library System as part of Georgia HomePLACE. This project is supported with federal LSTA funds administered by the Institute of Museum and Library Services through the Georgia Public Library Service, a unit of the Board of Regents of the University System of Georgia.