The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-06-30

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TIE ne*eorle t..li sncy ~ he career -
Fsatney f.afnato aE4 DIS sad ana Entineiy
snd + t5e ere shssg "a k=d acolt ~ %e%
YORK ~ areseer- wizard 3osgier %
ae4{gs e.. certainty l@ft bis mark ~ re
lutnc5ai w9rl4. ard for r. tine - least
se enjoyed the fGfl measure Of marvellous
set eeEs.
Tae career Of thfs I0wly-hora London
Jesg nos oHIy a5crnG many tale, 5af II
Points Gut sac moral that The most ieEIft-
faate. y got rise greatest fortune Afs
acsaevee IN mining for the precious
metals.
JOAN y Maekay stumbled leto fortune
amia the oeseFs wilas Of tlc %eFad4
mountains. Iah brilliant star ~ 1es.H
Rhodes first appeared over tbs diamond
tse.ds Of Kimberly. The youns Napoleon
80 American journalism, W. Il Hearst
procured thc millions WhicA ~ - lavish
l. siaenG3ug for ~ wspa per fams from tae
mines % Montana and Utah. Marcus
Daily amuees himself racing some u the
fullest horses G.. the world, because lie
glanced gDou tfIe Ontario and tie Ana
{. nda. "a mlaes also J. = Haggin. Fair
+ God. Delamar and g multitude OF others
H.,vs made vast fortunes. and the futare
w.ii be a repetition a. the pass.
II Is true that mining Tor the precious
r. etaIh has absorbed. as well as made
fortunes Bur tHe losses in mining in
Nsr3aalr spyiEN from had business meth
pts and also because mining affords a Il
,&eier ael8 shan any other for tins dis
honest speculator 70 operate ~.
Take the British Columbia country. for
instance. The discoveries in Trail in
boundary. IN SLOGAN, ard in Fort Steele
leave no doubt in the minds Of sane men
hut that there are vast deposlGsof precious
metals as veil as % copper and lead n
3ritlsh Columbia. Generations 10 come
Nill find tina; province the home ot multi
tudiaous and prosperous mining towns
T3ut 1he system of conducting the min
i1E business In that country viii have
t. he fetolutionlzed After some years
at experience / can clearly SEQ that Il
won't work RI shrewd pro~pector and
the promoter 81 the money. and the pros
p~ct Itself and capital gets neglect This
las arisen from the fact that ca pitai hrs
tut been combined 50 as 10 protect ITSELF
nd insure against loss. In the rivalry
begotlen of the Developments in the W.
tasle and l. I.oi. every proSpector who
had hole ia IA" ground and au ore dis
cevary in the Trail creek country con-
WINGED himself that ne had a mine and
asked for IL from s. eo to $i01 Orr The
ntihlic was eager for investment and the
promoter had to satisfy the public The
dishonest promoter never looked for
nliues but for locations which would
catch the suiIl!hle public. ana for these
he gave bat little money. The honest
promoter was compelled to pay too high
a price for prospects. and through him -
had the public The proSpector and his
associate. aud the dishonest promoter
alone benefited hy this state of affairs.
and Il Is time 10 call halt and for cap
tai IL combine FOR protection
No doubt many good mining men and
mining operators We're carried away dur
ing the boom partially losing their
eads. bat il h. ever thus. Hope and en-
thusiasm are catching. and the coolies,
heads ara not proof against them
All this was forcihly brought 20 nay mind
hv An interview which I had today with
Clarence King and talk of r. r
Browns which I have just read Both
men easily stand among the very few
53'ea, mining engineers. The word Of eth
Al can procure or turn away millions from