The Ketchum keystone. [volume] (Ketchum, Idaho) 1885-1899, 1886-01-16

ing investment upon such basis rs
is deemed secure by those controll-
ing its movements. Interest rates
are unusually low but capital still
continues to accumulate and stag
nate in the financial centers. Cap
italists are apparently no longer
eager to realize large returns from
their investment, but the precau-
ton lies chiefly in the direction of
safety and security.
The large amount of money
offered, whenever a satisfactory
opportunity to loan is presented,
shows the feeling and condition.
Recent loans made by States in
this country at yearly rate of b
per cent. has called out more money
than could be accepted. Subscrip-
tions to the new Egyptian loan of
f45,000,000 were opened in the
three principal European cities and
the amount of money offered was
twenty-five times that required.
As there is such an abundance of
capital to be obtained at low rates of
interest upon reliable and substan-
tial security it is certainly to be
regretted that the conduct of min
ing operations in this country have
not been such as TO inspire conf
dence, for as matter of fact the
proper development of our mineral
resources furnishes one of the most
secure and profitable investments
for capital that can be presented.
The truth will be demonstrated that,
when its true basis is reached, the
mining industry is one of the most
reliable and permanent known to
intelligent enterprise and invest
ment..
A satisfactory tide Of capital was
ut one time attracted toward the
mining field, but an unwise selfish
ness, if not dishonest intention,
prostituted n magnificent industry
and set back the day Of The proper
development for the purposes of
present gain Now with the worlds
Golfers full Of the life-blood of
industrial activity a great industry
languishes, traduced and unknown
so far as real worth and time value
is concerned. An odium covers il
which should fall with withering
blight on those whose ignorance
and dishonesty have wrought ali
this evil.
The lessons of experience are
costly and enduring. Confidence
is a plant of slow growth, especi-
ally on ground where it has been
uprooted, so now, in sight of the
idle capital Of the world, mining
must sit like n wounded queen
while the tide Of strength and. life
passes by on the other side. Indi-
vidual demonstration of success.
reared among the wrecks and fail
ures of the past, will slowly make
the truth known and ut last reveal
all the merit and advantage that
has been SO long unknown and
misunderstood. Capitalists that
can look now beyond the present and
comprehend the enduring basis
upon which the mining industry of
this country is to be founded, may
reap a harvest that will not be
found when the real facts are demon
strated.-Chicago Mining Review.
OF the $50 Senators, Representa-
tives and Delegates catalogued in
.he Congressional Directory, 205
only an ordinary or aca-
lemic education, 15l went through
college, 4 are West Pointers, and 6
ire self-educated. Harvard has
graduates enrolled, University of
Virginia Z, Princeton 6, Yale, Mi
lmi and Michigan each, Union 4,
5owdoin 3, Dartmouth, Hamilton,
Williams and Trinity 2
ZACH. There are 274 lawyers, 40
business men, 20 farmers, 10 cdi-
ors and 10 doctors. There arc sc
'eterans of the Union army, 81
Confederate veterans and ex-
of the United States
layy.
Capt. Eads' Tehuantepec ship
ailway scheme has received a great
Impetus from the recent action of
he Mexican Congress in enlarging