The Sumpter miner. [volume] (Sumpter, Or.) 1899-1905, 1902-06-04
MINING AS A BUSINESS.
Is Carbed in all the Respecta-
bility Of Legitimacy.

IluI VIII w IHN'rl'u W I1lHlIig III lV
than in any preceding year. This STATE
mcnt applies with force to condition
throughout the entire world, yet it
particularly applicable AZ n truth whe
applied 10 conditions in the Unite
States. The most substantial facts i
support Of this claim as 10 I'M increase q
investment in mining can bc geanr'
from the news columns of the Wcstcr
Mining World. Those columns teen
with reports Of new discoveries, ricl
strikes and the expansion Of minera
zones, along with the record Of incorpo
ration Of companies, the erection Of mills
smcltcrs and all the auxiliary appurte
nances to successful mining.
Time was, and recently, too, whcl
only few localities IN this countr,
attracted wide attention or offered in
dnccments to capital. In those days tn,
legitimacy Of mining was seriously qucs
toned, and many people regarded th,
industry IN the ligh, Of speculation
where chance was the chief factor to b,
depended on tor success. All this has
been radically changed. II has nov
been demonstrated that large areas in u
number of the western states are richly
derived from mining by some Of the well
known companies, whose operations
have been conducted in u busncss-likc
manner and along economical lines, have
furnished conclusive and convincing cvi.
dencc that the legitimacy oi mining ~
established. In consequence, eastern
capital is making closer and more cx-
huus,iye investigation into the merits at
properties, anl, not waiting lur the
pressing invitation oi the western pro.
motcr, II seeking investment side by side
with the western capitalist, who owes
his fortune Ia success IN mining.
The difficulty that unscrupulous per.
sons encounter nowadays in marketing
worthless claims has practically driven
this class out oi the mining business, and
men who own claims in the west ARE
careful Ia not Intentionally misrcprcscnt
them, NJ expert investigation il sure to
dc,cc, fraud.
Eastern people are beginning to under.
stand these new conditions, and have not
the hcsitancy which formerly character.
ixcd their action IN taking hold of mining
enterprises. With access to all sciences
that combine Ia give u thorough know.
acdge Of the merits Of u mining property,
they are now In u position to quickly
know IN much, or more, about II than
the man who located IL or the promoter
who seeks to interest capital In its de-
Selopment.
so the conclusion IL easily reached that
mining In rarbed In all the rcspcctability
of legitimacy, that II offers bettcr profits
than almost any other commercial en-.
terprise, that the field for the promotion
aud expansion of the industry il almost |
incxhaus,ible, and that it's non-intcrier-
encs with, but promotion Of, other in.
makes |, the ideal industry IN
which Ia invest the surplus capital Of
the country. Colorado, Montana, Idaho,
Utah, Oregon. Washington, Michigan,
South Dakota aud Arizona will, during
The present year, experience an activity
without prcccden, In their history. while
many other western mining states are
making great progress in the develop
ment II the mining industries. Old ~.
'ablished companies are enlarging their
operations. and many new companies are
these fields. New camps are
'cing established, capital IL flowing into
hese states in n continuous stream. and