The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-08

Generally. these cautious. wise. conserve
tiVes invest in railroad and Other secur-
tiles. If you could examine their list OF
stocks today you would. perhaps. md At
Gibson. ToDeka & Santa Fe, Union Pa
cifc Leather. COrd2ge and other SIM
liar stocks which these wise men bought
at top prices and recommended TO Wild
ows and orphans as solid income securi-
ties
THE craze of the past generation has
been railroads. We have gridirOned the
nation with parallel lines. IL has teSen
almost a revolution and untold disaster
stock in many of these oTer-mortsaSed
roads has as little intrinsic value IS 4
share in Bob InSersolTs heaven Invest
Ors have been afraid OF propositions look
ing TO the development of our great min
eral wealth. yet nave welcomed W4th open
purses securities that had no foundation
Scriptures say thou caEst not tell whence
it cometh and whittier Il -oeth-
Il speak of mines. not Is a basis fer
speculation. but as working entetpri-,..
requiring the some attention 70 ceta1,
the same careful management as yen
would give mandatory or q TercdE-
tile establishment The pToSDector Ass
driven his stakes along every lead. he
has not the means 10 develop. but waits
for the cac'talist.
Never such . field for investment.
never . time SO suspicious. neVer has
gold beer worth SO much ssd neVer
could IL be produced so cheaply- MeCh2n-
zeal skill. invention and science have
joined hands until the cost of reduction
is less than ever before At ldahO
Springs a stamp mil reduces ore for si-5o
per ton. with a rebate fO- lar~e cuanti-
ties. Railroads thread nearly every noun
tain valley so that freight Is no longer
a serious problem-niles may defy Legs
lation. but not transportation
The mining past of the Rocky NO n
tains. with all the disadvantages, is tae
voucher we offer for the future Never
Il more inviting CDeuing for Investment.
not only profit but the added charm thar
the production of the precious metals
perish. gold and silver remain as Dei-na-
nent contributions to tho wealth of the
world. In their production you compete
with no one, injure no one. you promote
the welfare of all Production OF gold
adds TO the value of every product of
field orchard, pasture You give work
trOnage to merchant. manufacturer: SUD-
port to every industry. No concern IS
to markets. no fear Of OverorOductiOn.
He who discovers 4 new Cripple Greek. Il
Leadville or a San Juan is a berefactOr.
a Columbus. Every great mine is mile
stone on the road to financial and indus
trial redemption. Few explorers have
ever endowed a nation with Il richer
dover than The DrosDectOT. he il WAS
VINO gave California, Colorado. the west
to civilization.
But for the mines there would be no
Denver. no great west today Inc from
tier would have rested on thr Missouri
river. TIE Colossus which Tom Benton
wanted to see cut upon the very crest of
the continental divide pointing 20 the
west. to India. has never been craven:
as a substitute there would be placed u
mightier statue OF mining D~OSoectOr
upon some. peak. whose sweep would take
in every city and home. every schools
house and church every mine and rail-
road from the Missouri river to the
golden sands of the Pacific Upo, the
base of the figure could be ca-ve6 IN
truth: These are my achievements. there
are the trophies of my hardship and der
ing
CREDENTIALS COMMITTEE
At the conclusion of the governors adj |
dress, the convention elected Irving Ma
hon temporary secretary E y. SmalleH !
of Minnesota moved that committees on F.,
credentials anc permanent or-anizatic 4
be appointed. TO consist of - mem5 -
each, with at least one delegate from |
each state represented. The following
We're selected:
Credentials committee-Alabama. f. Z.
Dey: Arizona. C L. Hail. Arkansas. y I
w. Moore; Colorado. T. B. Riley: Cali /
fOrnia. z. NJ Preston; Georgia. w X |
Crandall; Idaho. James Hutchinson Hi3- |
nois. W. +. Griffin: Iowa. E. c. Miller. /
Kansas. A. p. Hulit; Maryland F. r. BID !
Ter; Minnesota. V F. Simar: Missouri. \. !
Y. Tillman. Montana. ]. R. Murray; Nc I