The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-09-08

develop a mine than for a stranger to
dig the wealth and bear it away. OF
the stupendous treasure dug from Ne
vada hills and plains a mere fraction
Few have sought the advancement and
betterment of community and common
wealth. The United States is doing
excellent things for the state in recla-
me zion, in stopping, at the verge of
the sinks the waters of main riv
ers and turning them to home upbuiid-
ing. Cities and towns under new slim
illus are taking on growth and import
anee.
Those who come to Goldfeld to make
a "wad' and quit, realize the excel
lerce of its climate, and are contented
to stay on. Main hardships have
passed. Conditions improved and i'm
proving will be the order for this
center of distribution, soon to be COM
mercially the first community in Me-
vada.
The fortunes now are MOI a 1.-THE
of the fortunes to be Permanent
cy is assured as much as the Colorado
camps. Not least of things proved is
the extension of the belt to the west
for miles. 1t costs less to make a
mine here than it does anywhere that
| know. Where else does one drift
at so feet with any hope of ore9 When
found where else are values as goods
Our need are schools, churches and
institutions, and they are coming as
rapidly as is possible under exorbitant
cost of materials, and the all but pro-
hibitive price of fuels. Self-interest
will lower them when the railway gets
here within the text few days.
We shall settle to a city of progress
and prosperity and get out of the
nine-day wonder class.
The dust is the one great draw back
to comfort, and Cripple Creek and
other communities have proved that
dust is comparable. We shall control
that by another summer.
Were | to suggest the one best
thing for Goldfeld mine development
it would be "Adopt the Colorado
leasing system" in justice to all con-
eerned, for the betterment and preser-
walton of properties as workable, and
the systematic unfolding of mines, Civ
ing ample time for the opening of ore
bodies, requiring development to a
scale after finding ore bodies, requir-
ing adequate timbering. The perform
ance of stipulated dead work in the
way of drifts, passages and connec-
tions. Three years is not too long a
time, five would be better, coupled
perhaps with IN option to purchase
at the price of a mine. Royalties
should be graduated. Whether or not
royalties should apply on purchase
price is a matter of individual contract
and concern. That system has been
most carefully evolved and is the re-
suit of thorough and thoughtful expe-
%rience, which overs many years.
Stock Blooms are ephemeral, and wor-
thy properties flash and die down,
leaving things worse often than at the
start, through no fault of owners or
promoters.
Such opportunities as exist here for
legitimate promotions afford irresponsi-
Bile persons the like chances. Invest
ors cannot always know the difference.
The good and the bad fall into the
same category. and when the good is
stricken its resuscitation is as diff
cult a task as honest men ever under
took, and it is tough luck to fail with
a worthy scheme on hand. The public
is tickle. Dishonesty is not all on the
side of promotion, but when denuncia-
ton comes those who, for gain stood
ready to rob relatives and friends,
have the smooth way out, and the
smallest investor doth most too vigor-
ously protest.
As a business none is higher or
more honorable than that of mining.
For the sums put in mining has never
paid investors more than here in Gold
field. Less than a furrow has so far
been turned, our great area less han
scratched, desnita tho millians turned
out. Our enterprises and possibilities
are not more thar indicated as yet.
To secure capital concessions will have
to be made and, except upon discount
ed values, "spot cash. will have 10
give way on non-producing ground,
unless proximity to producing areas
shall overcome the objection that is
now holding capital at bay.