Washington, Jan. 20, 1853.
A VIEW OF THE LEAD-MINES OF MISSOURI.
SECTION I.
HISTORICAL SKETCH OF THE MINES.
The rage for adventure, which the brilliant exploits of Cortez, Pizarro, and other Spanish adventurers, had excited throughout Europe, continued for a long time to agitate the public mind, and had not abated at the commencement of the eighteenth century, when an idea of the mineral riches of Louisiana had become prevalent. Gold and silver were then the chief objects which engrossed attention; and in search of them, the earliest discoverers were led to penetrate into the interior. The physical aspect of the country was in general such as to flatter the most sanguine expectations of mineral wealth; and the further the country became known, the more interesting was found its mineralogical character. To men whose preconceived ideas of a country were already high, such appearances must have had the most inspiriting effect, and lightened the embarrassments they encountered in exploring a wilderness. Many of the useful metals were thus met with, and gold and silver mines were reported to have been discovered in several places. Red river, the Arkansas, and the river La Platte of the Missouri, were particularly mentioned; and from the evidence which is afforded by the discovery of ancient furnaces, &c., there is reason to conclude that those metals were wrought at a very early period. Judging from appearances, they were ready to conclude the country exhaustless in mines; and the most exaggerated accounts of them appear to have been transmitted to Europe, particularly to France, where a lively interest was felt in the prosperity of the infant colonies in Louisiana and Illinois; and in the descriptions published at that day, the lands are reputed to equal in fertility the banks of the Nile, and the mountains to vie with the wealth of Peru.
It was in this supposition of the immense wealth of Louisiana, both in the vegetable and mineral kingdoms, that the renowned Mississippi scheme originated, which, from the imposing character it was made to assume under the guidance and direction of M. Law, drew upon it the eyes, not only of France, but of all Europe, and produced one of the most memorable disappointments recorded in the annals of commercial speculation.
Louis XIV., by letters patent, bearing date September 14th, A. D. 1712, granted to Anthony Crozat, Counsellor of State, Secretary of the Household, &c., the exclusive privilege of commerce of that district of country, now known as the States of Louisiana, Mississippi, Tennessee, and Illinois, and the Territories of Missouri and Arkansas, with the proprietary right of the mines and minerals he should discover in the country, reserving the fifth part of all bullion of gold and silver, and the one-tenth of the produce of all other mines. The exclusive privilege of commerce was granted for a term of fifteen years; but the right of the mines was conveyed in perpetuity to him and his heirs, on the condition that such mines and minerals should revert back to the crown of France, whenever the working of them was discontinued for three years together. The bounds of Louisiana, as granted to Crozat, are described in these words: "Bounded by New Mexico, (on the west,) and by the lands of the English of Carolina, (on the east,) including all the establishments, ports, havens, rivers, and principally the port and haven of the Isle of Dauphine, heretofore called Massaerè; the river of St. Louis, heretofore called Mississippi, from the edge of the sea as far as the Illinois; together with the river of St. Philip, heretofore called Ouabache (Wabash); with all the countries, territories, lakes within land, and the rivers which fall directly or indirectly into that part of the river of St. Louis."
In the month of August, A. D. 1717, M. Crozat solicited permission to retrocede to the crown his privilege of the exclusive commerce and the mines of Louisiana, which was granted by an arret of the Council of State, during the minority of Louis XV. In the same month, letters patent were granted by the Council of the Regency to an association of individuals at Paris, under the name of "The Company of the West," by which they were invested with the exclusive privilege of the commerce of Louisiana, and the working of the mines, to the same extent as it was enjoyed under the grant of Crozat. These letters patent were dated on the 23d of August, A. D. 1717, registered 6th September of the same year, and were to be in force on the 1st of January, 1718, and to continue for a period of twenty-five years. By them, not only such grants and privileges were conveyed as had previously been enjoyed by Crozat; but they were invested with additional powers, rights, and privileges. The territory was granted in free allodium, (en franc allieu,) in lordship and injustice, the crown reserving to itself no other rights or duties but those of fealty and liege homage, which the company was required to pay to the king, and to his successors at each mutation of kings, with a crown of gold of the weight of thirty marks. The boundaries were the same as described in the grant to Crozat; and the mines and mining grounds, opened or discovered during the term of its privilege, were declared to belong to the company incommutably, without being holden to pay any rents or proceeds whatever. The company was also invested with the right to sell and alienate the lands of its concession, at whatever price or rents they might fix, and even to grant them en franc allieu, without reserving the rights of justice or lordship. It was also provided, that if, after the expiration of the twenty-five years for which the exclusive privilege of commerce was granted, the king should not see proper to continue the privilege by a new grant, all the lands and islands, mines, and mining grounds, which the Company of the West should have inhabited, worked, improved, or disposed of on rent, or any valuable consideration whatever, should remain to it for ever in fee simple, to use and dispose of as a proper inheritance, on the simple condition that the company should never sell such lands to any other than the subjects of France.