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Sutro Tunnel, Report of the Commission, 1872 [182971]

Currency:USD Category:Books / Antiquarian & Collectible Start Price:50.00 USD Estimated At:300.00 - 400.00 USD
Sutro Tunnel, Report of the Commission, 1872 [182971]
SOLD
95.00USDto t*********6+ buyer's premium (23.75)
This item SOLD at 2024 Nov 25 @ 11:10UTC-8 : PST/AKDT
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1st edition. 1872 Report of the Commissioner and Evidence Taken...in Regard to the Sutro Tunnel. 988pp with index. Report on making a government loan to aid in tunnel construction considering the cost, feasibility, value of bullion extracted etc. A very good copy with attractive gilt miner cover. Some edge and corner wear. "The tunnel was proposed by Adolph Sutro, a mining entrepreneur, in 1860. He promoted the drainage tunnel to allow access to deeper mineral exploration in the Comstock. Flooding and inadequate pumps had inhibited some exploration until that time. By 1865, Sutro's idea had gained the approval of the state and US federal governments. The mining interests of the Comstock initially supported the project, but later opposed the idea. They feared that an alternate access point to the Comstock minerals would threaten their monopoly on the mining and milling of gold and silver in the Comstock.Nonetheless, Sutro formed the Sutro Tunnel Company, selling stock certificates to raise funds for its construction, which began in 1869. Financing also came from local miners motivated by the prospect of improved mine safety. This motivation was further advocated by Sutro after the Yellowjacket mine disaster where dozens of miners were burned to death because they could not escape." from wikipedia [ Virginia City Nevada