El Paso daily herald. (El Paso, Tex.) 1881-1901, 1900-11-01
The GREAT INVEST MINING
ASSOCIATION MOVEMENT

Their is a movement on foot in FL
Paso TO organize miners association
whose field will be the Great South
west and whose membership will be
made up OF those interested in any way
in mining industry inthis section, whe-
Their actively or not.
The association. it is understood. is
not in any way antagonistic to the
chamber OF comerce. 1t is organized
for a specific purpose. and on a basis
that. il is expected. will unite all, the
mining men of theterritories and west
Texas. a well as northern Mexico. for
common purposes.
The association will devote itself to
securing Legislation of special interest
to the mining industry in the Great
mining development in every possible
way. \ department will be devoted
TO gathering statistics another to law.
to promoting eXpositions of
mine products where they will do the
most good. another to furthering legi-
slation. and so on.
The association will doubtless he the
of a mining exchange. that
will become the most powerful COM
mercial body OF the Great Southwest
The association will urge the estab-
lishment of a purchasing and coin
ing mint by the United States at the
earliest possible cate. In every way
the association will devote itself to adj
vancing the interests of the whole dis
trict for five or six hundred miles
around FL Paso.
1t is the intention to have a great
of mining men in this city
II the time of the Midwinter Carnival
next January. at which time steps will
De- taken to organize the Great South
Western Mining association.
IL is interesting in this connection
o look at the figures for the produc-
ion Of the precious metals. and at the
statistics of Inc imports from Mexico.
Mexico exports most of her gold and
silver i'm an unrefined state. In 1896
he exported $3.50. 900 of gold and S37.-
,0G. 900 of silver out of II total product
IF sS6. 800. 900 gold and $5S.O0O. 900 sill
yer. IN 1897 Mexico exported S6.S5O.-
'0G gold and $4,000 900 silver out of
total product of $3.50. 900 gold and
ID $4,000 900 gold and $50 $50 900 sill
yer out of total product of $500. 900
gold and sT2 900 silver.
But even more interesting than these
figures is the fact that of all the ex-
ports of gold and silver from Mexico
he United States gets thirteen-siX-
eenths of the gold and nine-tenths of
he silver. the actual figures for 1895
)eing as follows: gold. $4,000. 900 out
If $1,000 900: silver. si5.25O 900 out of
80. L 80 900.
In addition to the steady inflow of
he precious metals from Mexico. near
v all OF which comes into the United
states through this port. there is to be
considered the great production of
hese metals in the territories OF New
II Arizona for the year 1898 was 81
zoo. 900 in gold and 100000 ounces of |
inc silver. New Mexico's products in |
S9S were SSH. 900 in gold and $3.50 900 |
N silver commercial valuel
In his annual report the governor of |
arizona recommends that a govern
nent assay office and branch mint /
IL esta blished in the territory. There
annot be too many branch minis and
ssay Offices IN the mining states and /
erritories. FL Paso need not assume
ny position of antagonisu To the pro-
peg to have such an institution i'll Az
ona or any other place. But this
imply shows that others are at work
Z Washington to secure this veIy de-
i-abl establishment. and If we want
o get a mint We must get out and
FORK for il.
The Herald has in times past gone
,lly into the general question of "A
mint and has brought out its great
dvantages to this section and TO this
ity. The only question now is how
est To go about securing II. Certain
is that if the united action Of the
mining men and companies of the
.reat southwest can he secured there
5 little doubt that the project will
e realized.
WHAT RS TQIJSI2