The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1883-02-25
THE MAMMOTH.


is given to an account of the Girls
mon Mammoth Mine at Tintic, and
the manner in which it is now being,
and is to be worked. There is prob
ably no question as to the greatness
of this property, and it is matter
for general congratulation that it
has fallen into the hands of an Eng
lish company, with men at its head
who are competent to work it pro-
itably. Utah has suffered much
from the sWindling by sharpers of
foreign capitalists in the sale of
played out or worthless mines, but
perhaps no less than from the in
competence of persons who have
Deen sent here to manage the mines
persons wholly unqualified in skill
and wanting in business capacity.
1t may be set down as a rule that
where a mine IS so far developed as
to settle all reasonable doubts in the
minds Of men of average intelligence
as to its extent and permanence,
that mine will not be roaming
around the country in search of a
purchaser. Too often the avaricious
nature of man is justly punished in
the loss of poorly invested means
for they will pay $4,000 for a mine
which some keen expert assures
them will net as many million. The
idea that any being will give &c.
100000 for 100000, is so absurd on
its face that a child should see
through it, and yet shrewd and close
business men, as well as those who
have more wealth than intellect,
are entrapped by the dazzling pro-
posals; and ninety.nine times out
of a hundred they are completely
sold. The idea is not to discourage
mining investments, but to warn
people against what should ordi.
narily be a self-evident folly. The
best mine to buy is the one that
cannot be bought; the more
a person tries to convince you of
the untold wealth he is offering for
a song, the stronger should be the
reason to think tits not the property
you want. AS a matter of tenn
porary convenience, the more holes
in the ground there are worked,
the better it is for the country, but
such prosperity is certain to end in
disaster, for not one claim in a
thousand proves to.be a successful
mine. For the genuine interests of
a country, a mine that pays its way,
realizes good profit, employs men
and thus helps to build up the
internal industries of a country,
while begetting confidence in the
mining interests, is worth ten theus-
and claims. The great wealth of
the Crisman Mammoth is unques-
toned, we believe; in the few
months Mr.. Butler tombstone has
controlled it, the mine has been
brought to the level of the Ontario
and the Horn Silver, and is ranked
with. them and thosewho are compe-
tent judges, pronounce it for its fav-
orable surroundings andother condi-
lions, superior to the older ones.
AS to this, the HERALD expresses
no opinion; it only seas in the
Mammoth a mine which has given
new life to district that has never
been fairly tried; a mine which
will give constant employment to
hundreds of men, which will prove
to foreign capitalists that money
wisely invested in Utah is well in
vested, that all Utah mines are not
a swindle, and that this country
gives scope in thousand directions
for the judicious investment of
with more than reasonable
certainty of gratifying results. Mr..
tombstone is to be congratulated in
the possession of SO great and val
liable a mine, and the Territory is
to be congratulated that this mer-
itorious property has fallen into
hands where it will be worked to a
profit and to the credit of the Ter
ritory. There is reason in Mr..
Johnstone's belief that Tintic will
yet be the Swansea of Utah.
A GENTLEMAN in Lincoln. Ne5.,