Arizona republican., 1902-04-30
EAST GAINING CONFIDENCE
Capital Recognizing Legitimacy of
 Mining Investments.

Time was, and recently. too. when only few localities in this country attracted wide attention or offered in ducements to capital. In those days the legitimacy of mining was seriously questioned, and many people regarded the industry in the light of a specula- tion where chance was the chief factor to be depended on for success, says the Western Mining World. All this has been radically changed. It has now been demonstrated that large areas in a number of the western states gre richly nineralized. and the fr1ne ase profits derived from mining by some of the well known companies, whose oper- atlons have been conducted in busi- ness-llke manner and along economic lines. have furnished a conclusive and convincing evidence that the legiti- macy of mining is established In con sequence eastern capital is making closer and more exhaustive favestiGa- uon into the merits of proper ties, and. not waiting for the pressing initiation of the western promoter. is seeking in- vestment side by side with the western capitalist, who owes his fortune to success in mining.
 The difficulty that interruptions per HoOiiS cLl1OuHl6T HONaudNS III marketing worthless claims has practically driven this class out of the mining business, and men who own claims in the west are careful to not Intentionally misreD- resent them. as expert investigation is sure to detect fraud
 Eastern people are beginning to ur- derstand these new conditions anI have not the hesitancy which formerly characterized their action in taking hold of mining enterprises. With ac- cess to all the sciences that combine to give thorough knowledge of the rner- its of mining property, they are now in a position to quickly know as mucn or more, about it than the man who located it or the promoter who seeks to interest capital in it's development.
 So the conclusion is easily reached that mining is garbed in all the re- spectability of legitimacy. that it offers better profits than almost any other commercial enterprise, that the field for the promotion and expansion Of the Industry is almost inexhaustible and that it's non-interferenca with, bur promotion of. other industries. makes 1t the ideal industry in which to invest the surplus capital of the country. We believe that this conclusion has been SeHefdliy reached by the business peO- pie of the east, and have a warrant for such belief in the indsputable facts set forth in this article. Colorado. Montana, Idaho. Utah. Oregon. Wash 1ngton, Michigan. South Dakota and Arizona will during the present year experience an activity without prece- dent in their history. while many other western mining states are making great progress in the development of the mining industries. Old established companies are enlarging their opera tions and many new companies are er- terlnS these fields.l New camps are being established. capital is flowing into these states in continuous stream from the east and the output of mineral will be something stupendous at this time beyond the realm of req sonable prediction.
 The facts in regard to mining herein enumerated have never before been so easily verified, and already the west is feeling the benefit of liberal investment in mining properties. This benefit Will extend to the east with the develop ment and operation of the mines in which this capital is being invested