The Philipsburg mail. [volume] (Philipsburg, Mont.) 1887-current, 1897-06-25
FOR GOLD
The Only Occupation That Has Flour
ished Since the Panic.
FOR THE YELLOW METAL
Everywhere in the World the Great
Industry Is Active and It's Pro-
ductiOn Increases.

The only productive occupations IL
the United States which do not fee
the depressing effects of the panic OF
1898 are gold and copper mining.
Copper Mining does not feel it Ec.
cause the worlds demand for the
metal, owing principally to electric
uses, having kept well up with the
production, prices of the metal have
been well sustained.
Gold mining, while copper mining
has not been hurt, is the only occupa
tion which has received benefit and
stimulus from the panic, the adoption
of the gold standard and general fall in
prices. The general decline in prices
which has injuriously affected the far
mer merchant, manufacturer, and real
estate owner, has been great benefit
to the gold miner This fall means
that gold has Increased in purchasing
power. and it is the only commodity
III The world whose purchasing power,
OF exchangable value, has increased
since the repeal ct the Sherman silver
bill. and the formal adoption Of a cold
standard by the United States.
The inevitable result has been to
stimulate gold mining. It il only ia
accordance with an established ecou-
omic law that VIXEN any occupation be
comes peculiarly profitable. capital and
effort are attracted to it, and the pres
ent condition of the industry Illus
trntes the truth.
From Alaska on the north TO Cane
Horn On the south. and IN Australia
India, China, Corea and Japan, every
where in the world where gold is
mined, the great industry is more &C
tive and the production in quantity
and value greater than in any previous
age since history began it's records.
Week by week the Industry and Re-
view has recorded the items Of news
about mining from all over the world,
all bearing evidence Of the facts stated.
In every western mining state and
territory, in British Columbia and
along the shores Of Lake Superior. on
the dividing line between our northern
and ourselves, the activity
is remarkable. In every place men
toned there are more miners earning
day wages. aud more men engaged in
the various calIings dependent Oh
mining than ever in the palmiest days
Of boom. Both in Colorado and Cali !
fOrnla, the only two states from
which we have statistical data, the
OF miners engaged is very near
double what it was in 1892 A gen
eral knowledge of the situation in the |
other states leads to the belief that the |
indications are about the same as they
are in the two great gold states.
The one lire of business most direct
ly affected by this activity is the man
lfacture of gold milling machinery.
hosting engines, air compressOrs and
power drills. Those who furnish
other supplies, such as powder, fuse,
candles, steel, etc. are also feeling the
effect in increased orders and business.
The mining west is growing out of
he business hole, and If the govern-
nent's present financial policy is to
continue, it is the region which must
)uIl out the rest of the country, if it
,ver gets out.
The dictum of the money doctors is
hat only gold is money. The ruling
II fate is that only the miner can dig
money The farmers, the manufacture
rs and tine merchants spend their lives
n growing or making or selling things
% get the money which only the miner
'an produce. The latter seeks no mar
iet for his wares. He can never be
nj-red by competition. All the world
s knocking at his doors, anxious to
get his class of goods He creates
wealth where none existed before.
others may envy him when he is for.
innate. but they can never blame him
or accommodating his wealth from the
savings of others.
In other lines of business not produc-
i've, the soul and spirit underlying
s to get what others have. With such
IN actuating motive, and disguise it as
We may that is the motive, is it any
Wonder that ways that are dark and
ricks that are vain should too often
characterize their conduct. Is it anv
wonder that the brains and business
activity of the world should form
rusts and other combinations TO get
hat which other people own or to put
t III more genteel way, "to get the
highest possible price for the cornmol-
ty they control?' Nothing else is
possible in our civilization.
The men vino produce from the
saith. air and sea such wealth as thev
,an, furnish the material out Of which
I'll other wealth is created The price
If all that each produces is governed
~ economic laws and business combi-
nations which are the direct out
growth Of these laws. AS it happens.
III those laws are just now in favor of !
he gold miner. and he is getting the '
benefit. He is today the producing
Iristocrat of earth.
There is no jealousy among miners
when one has better luck than his as
ociates. If one strikes rich body
If pay ore, which takes him at once
rom the ranks of the poor to those of
he well-to-do Or rich. he becomes an
object of cougratulation instead of
nvy. He has taken nothing from any
me else. He has added to the general
prosperity in which all have some
hare. The region in which his rich
trika is mada all shares in tie good