As to the success of Silverado in its time of being, two reports were current. According to the first, six hundred thousand dollars were taken out of that great upright seam, that still hung open above us on crazy wedges. Then the ledge pinched out, and there followed, in quest of the remainder, a great drifting and tunnelling in all directions, and a great consequent effusion of dollars, until, all parties being sick of the expense, the mine was deserted, and the town decamped. According to the second version, told me with much secrecy of manner, the whole affair, mine, mill, and town, were parts of one majestic swindle. There had never come any silver out of any portion of the mine; there was no silver to come. At midnight trains of packhorses might have been observed winding by devious tracks about the shoulder of the mountain. They came from far away, from Amador or Placer, laden with silver in “old cigar boxes.” They discharged their load at Silverado, in the hour of sleep; and before the morning they were gone again with their mysterious drivers to their unknown source.

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