The daily silver state. [volume] (Winnemucca, Nev.) 1903-1907, 1903-06-19

OF MINING
A Staple Industry That Has
Evolved Out of ssNTd-
Cat Schemine
C0NNT lions HAVE CHANGED
And Strictly Business Methods
New Govern All Mining
Enterprises
CONDITIONS HAVE CHANGED

II used to be the case = lz1oS< O.
years ago. that investors n mining *
eCrities Of any character. we're prone
to make their investments secretly fer
fear their immediate associates would
learn OF their operations il what vas
then termed 9 wildcat i1iCsCT.
Some made fortunes from their vs--
tunes il this line. but for fear that
their standing would be impaired l.
commercial circles should the source
OF their wealth become known they
kept their own secrets letting the pub
liz attribute their 1coss IN acquiring
wealth and opulznce 20 successful o.
erations OF Wall street 70 fortunate
speculztiozs made IN railroad stocks
OF grain
GanEliuE on Wall or Thresd7eedle
streets was attended with 10 moral
faint in those days. bat those Who En-
gagged in mining or took their wealth
from the ground. were looked upon
as being engaged in an Legitimate
bushes. Without Investigation and
ever without hearing both sides OF the
question, mining in all its branches
vas condemned, and any man no
matter how honorable in his dealings
was clsssed as a cheat and a fakir. il
engaged in mining
Of late years. however, conditions
in this respect have changed The
number o. men who have made for
tunes in mining are 50 plentiful in al
most every walk Of life that the
curse" has been lifted from this great
occupation. and the have
been so great, the opportunities for
honest enrichment have become -
numerous. that the industry has been
awarded the badge Of legitimacy ever
in circles most noted for oonseTvz-
tiSm. Wall street even. has opened
its arm TO mining MillionaireS and
men o. means on this continent and
Europe deal now as heavily II mining
propositions and mining securities as
eTstwhile they did in bonds. stocks
and mortgages. and the industry Is
now embraced. by all alike, with as
much enthusiasm as IL was formerly
strongly condemned and ridiCuled.
The reaSo is obvious Strictly
business methods nov govern nearly
all mining enterprises The day Of
the pig in the poke" as far as min
ing is concerned, is past and men o
know what they are getting when they
invest in mining property or mining
shares or securities OF any kind No
guess work is INDUCED in. Exsmina-
tons are made. The purchaser is a
thoroughly c~onverSant OF what he is
doing as If he were investing in a team
OF horses. a farm. Or some industrial
or commercial proposition.
Predicted results have followed. A
few hundred or 8 few thousand invest
ed in mines or mining stocks have
brought the investors thousands and
millions in return We not only see
mining kings and magnates in the
west but we find them throughout the
cities and towns Of the east also. Ev-
cry mine does not make q fortune for
its owner. nor does every business
venture in walks Of life; but, il has
been demonstrated time and time
again. that the percentage Of success
in mining is greater than is chroni-
eled in other pursuits. such a. an in
vestment in railroad stocks. in indus
trial securities, or in the gambling in
stocks and bonds.
Mining has more millionaires in its
ranks than there are banking or man
magnates. and yet mining.
speaking, is still only in its
infancy. and. where one man has been
fortunate in this industry in the past.
a thousand will be more so in the
a 5 at the present day, the
Masses are beginning to realize. more
and more. the legitimacy OF the in
duStry and the many grand opportun-
offered through its n for
safe and profitable investments-Min-
Review.