Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1885-09-09
MINING A. A BUSINESS.
A Sensible Article From q Colorado
Paper.

Funefs
Mining has been regarded generally by
the majority OF people as something to bt
added TO another business, a venture to be
invested in to take care of itself, or to be
left to the management Of others. The
result Of mining under the circumstances,
and with the means and measures used, Ia
certainly marvellous, and also indicates
| what may be accomplished when the best
means are secured and put into use. A
| business that has been but half adopted
and but half attended to, which can make
the showing that the mining industry of
this day can do, in the way Of substantial
wealth and real value, certainly is worth
the attention of q good class of practical,
energetic men backed by skill and capital.
Mining not only builds and peoples the
waste and desert places. and adds q real,
enduring indestructible stream of real
wealth to the treasury OF the nation, but
also quickens and v~italizes the forces and
powers, and strengthens the foundations of
every other business enterprise of the
country. Capital is the nations right arm
Of power aud bulwark of strength and
security in the time Of war or peace, aud
mining furnishes this most directly and
rapidly. This producing force is strength
ened by its own force and development.
Let q double yield be gathered from the
grain fields Of the country and prices fall;
but let our mines throw a double portion
Of their product into the articles of the
trade, and value increases in every depart
ment Of the business activity.
Mining, true and legitimate, Is the crea.
ton OF enduring wealth, and its success.
when developed as q business, will touch
and quicken with its vitslizing force the
sluggish pulse Of every human activity to
the remotest bounds Of civilization. When
q party OF gentlemen possess themselves OF
q meritorious mine, employ skilled labor,
manage the affairs Of the company honest
ly and economically, as they ought and
naturally would q mecantile or banking
house, there is no avenue now open for the
investment OF money where ii will be safer,
the returns larger and more permanent
than in mining.
Granted there are failures in mining. So
there Is in banking, merchandising and in
every other trade, profession, or calling TO
which men direct their attention or invest
their money for gain; but start right and
keep right under the guidance OF expert
euced, ~level-headed, honest-hearted bust
ness men, and mining takes a front rank
among the best enterprises in which men
invest their ability, energy, and capital. A
glance at the list Of dividend paying mines
Ia the United States, showing the amounts
paid to stockholders, will afford the inqui-
rer an approximate idea OF the enormous
sums OF money that have been divided up
among mine owners, reaching far up into
the millions.
Mining is no longer regarded as q specu-
latiye element, but as one OF the important
industries and interests Of the country, in
which the most conscientious and discreet
business men they place their money for
permanent investment. And the large
amount of business nov being done In
mining stocks Ia an additional evidence OF
the hold 1t has on public confidence and
men with ready money at their command,
and the large and regular dividends re-
ceived is the best proof possible OF the
wisdom Of such investment.