Pioche daily record. [volume] (Pioche, Nev.) 1872-1876, 1873-05-15
WANTED, MONEY.

The vital question with US of Eastern
Nevada is, how may We induce the in
vestment OF capital in our mines: What
is the speediest and surest way of attract
mig hither the capitalists of the world?
We have only to make the world be-
lieve how extensive and rich our mines of
silver, lead, from etc., are, and what ex-
eellent natural facilities We have to work
them, 10 cause an influx hither of men
and means from all quarters Of the globe
to cause as great and general a migra-
tory movement towards Southeastern Ne
yada as made California the center of in
terest, the world over, in lS49. State
ments published in the local papers, be
they ever so moderate and true, cannot
accomplish the object, for has not almost
every newspaper in the mining regions
claimed for its own immediate section
superiority as field for mining enter
prise? Carrying rich specimens and GER
tifcates of assays abroad will not bring
about the desired end, for thus have been
perpetrated gigantic frauds and swindles,
and all bids for capital by this method
are looked upon with suspicion. We
think, considering that the sensational
newspaper reports have had their day,
and become non-effective-since official
seals and signatures, and other endorse
ments, have come to be looked upon as
masks for villiany, under any and all cir
eumstances-that our mining friends,
who really have good property, will find
that the shortest and surest way to bring
capital to it is to stick right by it them
selves, and show their faith in it to the |
world by developing it with such means
as they may have at hand And this sure
and practical policy is, we are gratifed to
know, being generally adopted in Ely
mining district, and upon the fact we
base our best hopes for the future of the
country. Never. all admit, were the gen.
eral prospects brighter here than now; and
bat few, in our opinion, refer this prom
Using condition of affairs to the correct
cause. True, the old interpretations are
Boosting wider and richer ore bodies than
they ever before developed, and conse-
quently will, most likely, call into requi-
sltlon largely increased working forces,
thus extending and energizing local trade;
but foreign capitalists govern and con-
troll these movements, and the prosperity
OF the community, so far as they are con-
cerned, is an incident, rather than the
object, of their operations. With home
owners as organized into independent
companies it is entirely different. Their
homes are with their property, which they
develop for the profit of the develop
men', and not to make money by hawk
Ing all over the continent certificates of
interests in it; and, therefore,
they are identified with the country ma
terial interests, and will be aptto invest in
1t their surplus means in inaugurating
more extensive enterprises. There axe
scores of lodges in this county in which
the locators are, and since their discovery
have been, working faithfully, believing
that they are rich and lasting deposits,
and will return them fortunes, as soon
as facilities for reducing the ores are Sc
cured. And this is the surest and quick
est way Of attracting capital hither. Men
Of unemployed money will not ask bet
ter guarantee of the safety of the invest
ment, when solicited to purchase than
he fact that the owners of the property
ave been willing to risk on it months
md years of laboi; and, in view of the
many exaggerations in regard to and
fraudulent sales of mining property, :.
lothing short of this will be accepted BY ,
capitalists as an evidence that the own.
rs themselves have confidence in the
alue of the property. Success to our
PRACTICAL miners, who, and who alone, ,
re honestly and effectively opening the
loor for the investment of foreign CAPT. ,
al.