Gold probably is one of the easiest things in the world to cheat an absentee owner out of. He would generally have no way of really knowing if a guy had found 3 nuggets or 30 nuggets on his claim.

Over the past few months we have noted a gradual increase in news relating to inflation—but during the past month this gradual increase has accelerated steadily and has now taken on the appearance of a virtual flood.

Many prospectors thought that Nevada was all prospected out following all the rich discoveries of the 1860s and 1870s, and what was there to be found had already been found.