Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1904-07-23

Walsh 81 mean for the careful. con-
sentative and intelligent operator. |
mean the man who engages In mining
az he would In any other business, who
studies the subject who carefully IN
yestigates before he invests, and VINO
al the same time has moderate
amount of business judgment. There
Is no reason why such man should
not succeed"
But thousands fall" said l.
THAT Is true" said Mr., Walsh.
There are many failures In every busi-
ness. IL Is said that % per cent OF
our merchants fail Mt some time In their
lives, doubt II the percentage OF
failures IL greater among miners. One
trouble Is that those who invest In
mines are not careful enough In making
their Investigations. II you test mine
properly. going down alongside Of the
vein and taking out samples nc differ
ont levels you can estimate It's value
Just as closely as you can that of any
other investment. There In always a
speculative value beyond, and as a rule
you should pay for only that which is
In sight"
ADVICE TO YOUNG MEN
Then would you advise young men
" AshNt VIZ iNlillhk Az u pihlNoFl'Ut
Il don't soc why | should not" said
Mr. Walsh. Their success will depend
largely upon themselves, but ! soc no
reason why they should not make as
great a success IN mining as I'm other
trades and professions, There Is vast
amount OF gold and silver left In the
world. | doubt, indeed II II will eyer
be exhausted. The main trend OF fhe
Rockies has been scratched over and
parts OF II have been pretty well pros
pected, but there are innumerable
spurs and cross ranges, the contents
OF which are unknown. There Is many
little valley or side hill In the Rock.
les not yet dug into which may con-
tain gold, and no one knows how much.
Some of the best OF my properties do
not cover as much land at the surface
as two Washington city blocks. There
Eay be lettle unknown valleys In the
Rockies out OF which will be taken
hundreds OF millions OF dollars worth
Of gold ORE"
What do you think about Alaskan"
81 feel sure there IL n great amount
OF undiscovered gold In Alaska That
which comes from the sand Of the sea-
shore Is the washing Of quartz deposits
somewhere in the Interior, They are
sure to be discovered sooner or later
A WORD ABOUT THE CAMP BIRD
NINE.
Tell me how you discovered the
Camp Bird mine, Mr.. Walsh2"
Il bought that property as a silver
and lead proposition" was the reply.
1T had been unsuccessfuly mined for
silver and lead and millions of dollars
had been spent In tunnellng the re-
glon and In taking out ore, / thought
by consolidating the mines we could
perhaps make a profitable investment
out OF them, although they had not
been profitable before In going over
the Mines however, | found gold In
form which the operators had not mo-
tlced. You can see what | mean by
this piece OF rock
Here Mr. Walsh crossed the room to
a cabinet set into the wall. IL was fill
ed with nuggets, Jumps OF rock, some
In the rough and some highly polished,
little gold bricks and other mineral
specimens lie picked ND a piece OF
stone which looked like a chunk Of
broken quartz with black rusty stain
upon It,
THAT stain" continued he as he
pointed TO II, rs gold, and very rich It
is. There is also gold IN smaller guam
titles scattered through the quartz, as
you may see from this polished piece
OF rock"
He here wet the surface, and ] could
see the little gold speoks shine out.
THE most gold Ia In the rusty stain.
The first miners did not notice that.
They did not think they had any gold