Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1899-07-20
Mines and MininQ



When a citizen of any state. through
misrepresentation and trickery, sue
ceeds IN making a sale Of property or
otherwise obtains compensation for
something of no value, he not only
harms the particular locality IN which
such transaction takes place. but he
hurts the credit of the state at large.
While the foregoing holds good Of
any section of the country it is more
particularly applicable at this time 30
the mining states. For several years
past capital has been very slow IN com
lnrs this wy, in fact, since the panic of
81, up to within the past year, thsre
has been feeling among eastern cap
lt4lists that t was an extremely risky
piece of business to invest money IN
any OF the western states. When
Llewelin Powers was inaugurated gov
ernor of Maine, one of the strongest
paragraphs in his address advised the
capitalist of that state against invest
hent n western mining stocks, for the
Feson that SO little reliance could be
placed in the information 0btainabIe
This feeling seems to have died oul
now to great extent, the Cripple
Creek district has been making such
rich productions, the different gold and
copper propositions discovered or de-
veloped during the past few years.
nave proven so valuable that conf
dence has been. in large measure re-
stored and capitalists are again turn
ing their attention to the golden posi-
oll-lles attending investments in the
Nest
But with the return of confidence
ana prosperity, again looms I'D the
man who more than any other has
hurt the fair fame Of the west and re-
tarded her development. We mean
the man who disposes of a proposition
'Oy representing it as valuable when he
KNOWS the contrary to be true.
Some time since, in Creston. Iowa.
a large amount of stock in a so-called
mime was sold to cTedulous investors
an the strength of misreprese tat:ons
together with an exhibition of sam
pies of ore which could not be dupIi-
Gated IN the mine and were never OBJ
tanned from it. OF course there can be
out one result of such transactions. 1t
Will De published broadcast over the
country, and capitalists will be fright
ened away, and while the tr:cksfers
may make few hundred dollars the
honest man with an honest proposi-
tIon loses thousands by his Inability
70 interest capitalists in lis devsIop-
ment--DenTer Mining Reporter.
Mining IS legitimate business. Il
is not more speculative than most
other lines of business. 1t requires /
skill and good Judgment. and SOM /
capital 10 win success: with these suc- !
cess IS almost a certainty. The man
VINO constructs q pyritic smeFter where /
tne ores carry an average Of less than 4
u per cent Of sulphur viii be very
certain 10 make failure Of his enter i
prise The man who builds a laree 1
milling plant on prospect and then /
goes cunning for. ore with which n
Keep II IN operation is quite likely 20
make d Ia-lu-e- The man who puts +
ms money IN a secret process guaran-
ia 70 save more values than IS shown
py 1ire assay ought to. and always
does, lose his cash. It is said that e9
per cent of the men who embark in
business make failures. Il may be said
thaf every man fails who attempts 10
conduct business which he does not
understand The greatest successes
IN the business world are attained by !
those who are able TO choose first-ciass
assistance. If you do not understand
the business of mining and are not
able 20 select a man who does, to han
de your enterprise. don't invest in
m ming. II you do, you are safer in
mining than in any other business.
The great majority of men who mine
with intelligence and good judgment.
succeed. The percentage Of those who
=Ueceed is greater than in any other
ne OF ibUsiness--Denyer Mining Re
porter II
CLARK ON COPPER QUESTION. f.
Senator W a Clark returned to
Butte the early part of the week from =
| visit n Europe, having been absent
ibOut three months. In speaking OF
he rum0rs connecting him with the ,
copper trust The senator stated en- ,
1haticsliy, says the Western Mining !
World, that these rumors had no foun- ,
iatiOn IN fact, and that he had no il :
crest, present or prospective, in the :
company. He recognized :
10 trust, but sad he knew, il a gen ;
raj way. Of the consolidation OF Ger :
ain copper interests in Montana. ;
fichigan and Utah, also adding. IT :
JOSS without saying that my property |
5 not IN The combination. nor do
link it probable that any Arizona