Bisbee daily review., 1904-03-24


 Wise in Dealing With Men.
 The report of mining successes is invariably followed by mining invest nent. says the Canadian Mining Re view. Where money has been made, more may be made. A dividend paying mine always occasions the pur- chase of an adjoining property. reput- cd to have extension of the vein, and sometimes of one rich spot The sto- ries that have come from South Al riea. Western Australia. Cripple Creek, Cariboo, Rossand, Boundary. Eastern Ontario, Nova Scotia and other local fties where mining is and has been proftably pursued have revived an in- terest in the mining industry as an in vestment As there is every indica- tion of a revival of mining investment in Canada, it may be well to endeavor to give some counsel to those who may be solicited to put their spare cash into mines. And first we would say to all such, do not spurn the request as temptation of Satan and treat the proposal with scorn. But rather give it a serious consideration for two good reasons, one of which is that there are certainly great prizes 10 be had in mining, and the other is that snch investment is one of the best ways of benefiting a country. Do Rot say as did a multi-miluonaire the other day, when solicited to put small sum into legitimate and prom ising mining operation, T would rath- CT take the money and throw it into the ocean. then I should know it was gone, and have done with it; but if put i, into a mine I should lie awake nights and worry about it There vas perhaps some excuse fer this good mans petuiance. for his office was adorned with large frame containing ornamental certificates of defunct mining companies.
 Prospects that were bought from needy explorers at prices ranging from s1G0 to s1.0O0 have been sold fer large figures. and again the investors in these mines are receiving dividends from the mineral production. Mines are not all swindles or mere holes in the ground to sink money in. They are frequently good, and when they are good they are often very good. Ore deposits that on the surface only yielded $4 or s5 ton, upon being fol- Nwed to a depth, have increased in value to $50 or s60 a ton and have paid handsome profits. New dis iricts are being opened to which rail way transportation will soon be given, and by development are sure in some localities to show rich pay centers that will make the fortune of the lucky investor. or else will prove to Ae of so good an average that con5id- ering the cbeapness of mining and treating large masses of ore, the prof its will be great and steady.
 As to the benefits to the country, ve can hardly expect either patriotism cir utility to have much influence in deciding an investment Yet 1t may have it's weight with some minds, and such should understand that money put into mines probably moves a more varied and larger number of in fustries than any other investment Every amount expended upon mineral poduction is divided among a multi plicity of interests, for mine. as g rnle, involves the creation of little -f fs nd in 10 ce the mine and the mining. transport and treatment of the ere wonderful yy diversified demand is made upor tie other branches of production and industry. Mining investment has . good mental effect. and ought to bt recommended as tonic and stimu lant for invahds. It is intensely in Saresting and gives a wide range t' sde thoughts and opens up inquiry sbout localities and methods of worl that are both entertaining and in nructive, and when the telegram comes that the pay streak has beel struck and high assays secured, ana saat the vein has widened with depth she excitement is so pleasurable tha fl is as good as dividend in itsei Spr it's effect upon the happy investor
 The greatest difficulty, however, il mining investment is to decide wna Is a good venture. and it is on thii point that VIC aim to give some ad vice to our capitalistic frlenos There is no doubt that they have beel xoefully bitten by glibtongued pro motors, who, coming with all the rc nance of the wild and wolly Yves sbout them, effectually pull the voc aver the confding investors eyes Even when they have gone to visi the mine personally they have bee enually deceived. After a wearisom journey and the discomforts of To cabin hunks and miners grub, the toil up the tortuous trail or scram5l through the thick underbrush unti