Arizona weekly journal-miner., 1901-11-06
SOURCE OF ALL WEALTH.
Business Men Recognize Mining as the Fountain Head of Wealth and Are Turning Their Attention to
 It as Such.

The New York Herald, discussing the subject of mining investments, says: "It is an undeniable fact that most influential business men of the world have turned their attention to mining, the source of nearly all wealth; for persons have been en- slaved to the idea that the only safe proposition was five per cent or six per cent security, now realize that many millions of interest have been lost to them through needing the ad vice of those interested in cheap money, and that among the banking institutions of the west eighteen and twenty per cent per annum is not considered hazardous western profit or excessive dividend on the great majority of our gilt-edged mining se- curities, and, further, the richest men in the world are mining kings, many of whom have grown powerful enough through the proper application of originally a modern capital, and it is proven that while millions of dollars have been lost in railroads, farm mortgages, eastern industrial and building associations, the American mining industry steadily advances, making enormous profits for its sup porters, building great states and cities, and points with pride to the American possession of 253 mines that have paid in dividends over S625, 100000.
 'ln mining investments extremely large amounts are not necessary to make one successful, for the man of moderate means, properly advised, has opportunities of quickly doubling his capital. Under incorporation great achievements are made possible through combining limited sums of thousands, thus equaling the capital of the individual millionaires, making possible gigantic undertakings that are productive of enormous revenue. The dollar of the man of moderate means is equally as powerful as the dollar of the money king. Both serve their purpose; both are entitled to their proportionate profits.
 'ln legitimate mining a twent-five per cent dividend is not considered startling, and the mining interests of the west are willing to pay that int CT est for the use of money, for, by the aid of capital they open up tremen- dous ore bodies that lead to still greater fortune. The employment of S10,000 in mining is equal to S40,OO0 in most any other branch of indus try.
 'For years the wondrous profits of the metal industries have been whis- pered among investors, who apparent ly were afraid to let their neighbors know they were identified with min ing, but the recent efforts of the finan- cial czars of the world in forming combinations to central first the mar kets of the miners through the 'smelt- ing trust and then the mines through the 'Amalgamated Copper trust have opened the eyes of the concerva- tive and modern investors, and they are making efforts to obtain their share of the metallic wealth which na- ture has spread so lavishly.
 Mature has laid her treasures in the mountain recesses of the west. The American miner searches them out. Eastern money makes possible their conversion into bullion and the joint results of the miner and the capitalists make possible the tremen- dous profits that signalize successful mining"