, 1896-10-19
SECRETARY BURKHOLDER OF Thu CHICAGO Mn
ERAL And MINING BOARD
TALKS,
The Development of Our Mine Depends
In a Large Degree Upon the Election
of William McKinley--Mr. Bryan's
Election Means a Crash.

MI. Burkhoder the secretary If the Chicago Mineral and Mining board.
who has been in the city for several days looking after his interests nea Lar
ion that II Laramie and Wyoming desires % develop the wonderful mineral
resources OF this state it can best be accomplished through the election OF
VIM. Mckinley. He stands for that policy which has yer encouraged west
end development in the past and he is a a in whom the financial me of
the ua,ion have confidence, II without money and confidence what car be
done in the development of gold and silver mines?
Mr.. Burkholder speaks as n of us, having recently purchased a n
continue in operation all the coming winter. giving employment to many
miners of the Centennial and La Plata districts. He says If Wyoming gives
dence in her honor and financial integrity and that 1t will meal millions sin
the development Of our mines. On the other hand, II Mr. Bryan should be
given the electoral voe,w We would be looked upon with considerable suspi
cion and the purse strings of the east would be drawn tightly when Wyo-
,.n,er ~ tho au.t sr,ar nrodrino soc,tou shonIS wrouina dao,aro fnr
who wish to redeem in n money borrowed Inc eots OF the individual n
the debts Of the state.
paign from a strictly business standpoint Speaking as a business man. and
altogether apart from my political views, I wish to sy to you that in the
~ erpri IN you sectoh Is very remote. l am mere mysen, WIN m
desire and purpose to invest in mining properties in this section, but shall
because that n the even of Bryans election the capital necessary o carry o n
contemplated enterprises here will not be forthcoming: The moneyed men
will refuse to invest I repeat again to o that am speaking strictly a a
business mar and from a personal stan ipoint.
II have crossed the ocean 80 times with the object of interesting foreign
capital in American mining properties and have had occasion to learn some
thfng Of n views OF both French n English investors Their money awaits
any legitimate mining enterprise but they will not invest a cent until they are
want safe investment They will take n chances They believe that should
Mckinley be defeated their speculations would turno out dtsastrously.
80 far a 1 have had IN opportunity to Judge during m ~ short stay here
1t appears lat you have great mining possibilities here. Al you nee is M
outside capital to develop them and see n o reason why this district should
his section is comparatively unknown to tn world. may o further
say that capitalists ire inclined to be skeptical about your resources, just be-
cause you have not a big producing mine in Wyoming. felt that way myself
before l arrived here, and wen over your prospects and satisfied myself that
this va a grand mineral country.
81 want t. say tic you," said Mr. Buckholder in conclusion, that I am
heref or business II AN do it. am spendfngm my time and money here look
ing up desirable properties. but wish to refterate that under no circumstan-
cs will l become engaged in a deal. involving any considerable amount of
money utll al satisfied as to the result Of ne election. l believe that Mr..
Bryan is honest and sincere in his belief, but I also believe that in the event
of his election We will see the greatest crash the country has w experienced
and you people Of the west will feel 1T more keenly than all the rest Of the
country put together"