The White Pine news. [volume] (Treasure City, Nev.) 1868-1906, 1885-03-07
THE MINING INDUSTRY.
IL Is Now Being Conducted On a
safe and Legitimate Basis.

lodn francisco Post.
A morning paper expresses much
solicitnde lest "another stock dealr
should be perpetrated in the market.
The morning paper need have no fear.
The days OF unwarranted stock man.
ip0lation are past, and will be until
the public confidence las been. 10
aroused by some valuable develop
manl OF ore that designing men can
again consumnlate neIari0us schemes.
No paper denounced the last Com
stocH Ideal" more than the Post
from It's very inception, too-while
our morning contemporary waited
until the IDEAL" had eliminated be.
fore 1t had word to say on the sub
Jet. All mining ventures II present
are upon their actual merits. Costly
experience has taught wildcat manip-
nlalors that they cannot foist their
schemes upon the rublic-and it is a
good thing that ii is So. We predict
during the coming year a great re-
vital OF public confluence. based upon
legitimate ore developments IN mines
OF and oil the Comstock When that
period arrives ii will be time To pro-
lect the public from The snares set for
Their pockets by scheming manipul4-
tors who seek u speedy passage To
fortune through the merit found in
the mines OF their ueighbors. The ar
ticle published by our conteln porary
really has tendency TO discourage the
INNING Industry at "A time when IL is
upon a more legitimate and safer ba
sis u1an IL has been Tor several years.
Mining under such circumstances,
should be encouraged, and that is
Why he Post stanis In To- tile defense.
A great hue aud cry is made over the
assessments, not by those who pay
them SD much as by the real enemies
OF mining. Closet miners, like those
engaged on our morning coniempo-
rdry, app ar TO think that all mines
should be iii, idend paying from The
grass roots, without single dollar
Deing applied TO explore them for ore
---otherA1se, they are frauds aud
swihdies. Few poor mems mines uf
this character have ever been found.
In a majority Of the eases great pa-
tieuee aud the judicioas application
ofeonsiderable capital bal developed
the very be>t and most reliable prop
critics IN the history of mining. The
world ha- besn made so much richer
by the vast product of these mines.
Nor has the assessment money paid
In To develop them been lost or .'suuk
In The ground" as our contem Porary
expresses it. One would think. from
IA l.aI ..I A H.aa
sessInenls WAS thrown into bottom
les, pin, never 10 appear again, whereas
the coin again turIis up after Il diStribu-
ion among the miners and the kin
dred industries which depend upon
mining for their suSienanee. Basi'
ness il admittedly very dull in this
city and Vicinity. Our merchants,
manufacturers and frddesmen are
com claiming. They have lost their
nor hern trade, and their southern
trade i departing as well. They are
i'm greater measure throan n back
nrnn themselves. The agricultural
interests are Iangui~hing through the
low prices ruling for enormous stocks
OF the leading staples, and large crops
In prospective. " hat are We 10 40
t. revive business In his perplex-
Ing state of affairs no helping hand i
likely To be extended quicker than
through new elopnents OF
ore In the mines. There is gre
promise of such development In the
middle Cuinslock mines, IA we'll as
in The mines of several of the Outside
districts i'm Nevada, California, Mon
lana an,l Arizona. And as these de-
velonments are being conducted
legitimateiy on their merits, without
any attempt at stock swindle, they
ought To be encouraged, nnd they
shall receive the support of the Post.