Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1904-08-06
MINING AS AN INVESTMENT
Reduced to a Science Is Legiti-
mate, Safe and Profitable.

tItdOtS 6hle anu IfOIlIaDIes
Time brings many changes. Not
alone in theories which have gone I'M
challenged almost from the dawn of
civilization to the present time, but
in many matters, which have en-
crossed a large share of public atten-
ton during the past fifty years. In
no one thing has so great a change
occurred in the public mind as that
pertaining to mining and its allied
industries. For years mining was
looked upon as purely a speculative
proposition, to be INDUCED in only by
the reckless or INSCRIPTIONS 1t is
only within the last two decades that
this false impression has been Grad
icated from the minds Of a vast ma
jority of the people, and especially
from the minds Of those who were in
such financial condition as to be able
to assist in adding to the worlds
wealth by developing the innumerable
veins and deposits bearing valuable
minerals, and especially those carry
ing the precious metals, copper, etc.
1t is well for the human race that
this change Of sentiment has come.
Had it been otherwise the world
would not have prospered to the ex-
tent that it has. In no other land
has its mineral wealth been so con
spicuous in bringing marvellous re-
suits as our own. The fabulous wealth
Of our mines enabled our government
to bring TO a successful close the most
gigantic war Of the modern times.
Had the mines Of the states and ter
~ritories OF the Rockies ard those
farther west, not been opened, we
should not have seen the prosperous
commonwealth grow up on every
side. Much Of the prosperity and
happiness which has fallen to the lot
of our people is due to the mining in
dustry. But great as this has been
it is as naught compared to the pros
perity which is to come to US from
tins same source. The fears which
were prevalent a decade since that
the mines would become exhausted
in a few years have vanished into
thin air, along with other, equally
ridiculous theories. Mining has been
reduced to a science and is now con-
coded to be among the most hgiti.
mate, safe and profitable enterprises.
Innumerable failures, which for
years marked the course OF mining,
was almost wholly responsible for the
fear to engage 10 mining which de-
yeloped throughout the length and
breadth Of the land, and which, TO a
limited extent prevails to-day. For
a long time no effort was made to
ascertain the cause. The cry was
raised that the mines were of little
or no value and that all mining enter.
prises were inaugurated for the pur.
pose of fleeing the innocent pur.
chasers Of mining stock and the
fatteuing of the pocketbooks of the
mine managers. This theory was as
far from the truth as is Pluto's do.
minions from the Celestial realms.
Had a close inspection Of the cause
Of failure been made, it would have
developed the fact that nine times
out Of every ten, the true cause was
due to either extravaganza or incom.
potency Of the persons in charge OF
either the mining or reduction, and
doubtless in many cases to both. II
the owners OF mines used the same
Judgment in securing competent man
ayers that an ordinary successful
business mar displays in selecting
his assistants there would be fewer
failures in mining than in almost any
other legitimate pursuit. -