The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1906-12-13
The Legitimacy Of Mining.

The wise men in the East, some of
whom have grown immensely wealthy .
out Of the mines. are crying down
the present inclination of the East to
buy mining shares. What Is the
matter? Is it pure philanthropy on
their part? Have they some railway
shares or shares in the Whiskey
Trust or the Beef Trust, or some
other of the innumerable trusts OF
the East, which they wish to unload
at profit? Have the men who have
pambled In the shares Of any enter
prise they have offered them grown
so rich that they are satisfied ano
are willing to let their neighbors get
rich? Or are they turning TO mining
with a thought that at least some
mines turn out well and that Is bet
ter than anything they have tried
while all the great trusts have been
fioated?
We want to tell them secret. EX-
cent few in the great cities, they
none OF them bad any money TO buy
stocks with until the steady flow OF
the money from the mines OF the
West vitalized their business, gave
| them the credit to build railroads,
| which enabled them to market their
products. and generally do live bus
mess.
China has no end of rich soil, the
biggest coal and iron mines In the
| world. bnt the masses of the people
| are awfully poor. Why? Because
| they have no money to help them
Il selves. no transportation facilities,
| no means to make their iron ana coal
available. Hence with them 1t mas
been a struggle of food, night
against famine for three Thousand
years.
| Now all the money that there is IN
the world came out OF mines; all
that there ever will be will have to
j come from the mines. The dream Of
the old alchemists OF TRANSMITTING
base metals into gold has never beer
q realized. and there Is no prospect Of
: its ever being realized.
I Before mines can be made to yielo
. thev have to be developed and tnell
ores reduced. The men who hnt
4 mines. as a rule, are poor men. 1be,
2 have to obtain help to do that. why
) then. is 1t not legitimate Tor them U
4 cell a norton OF their Interest 10 on
2 tain that money? II they put IN
: interest in the part they sell into IN
= corporated shares, what Is there dls
2 honest 10 that2 "But the mine ina
never pay" sbrieks the wise men
Z There are chances, Of course. "her
2 IL there not? II farmer had iofV
acres OF growing wheat when prom
ised twenty five bushels TO the acf'
2 and wanted to borrow &c cents pc
hushel on the probable crop, any Oh
Sbylock would loan him the mohel
z taking bis chance on rust view
food. hurricane-all the calaI it''
that follow the farmer.
Rut il miner has prospect VINO
shows an ore shoot 600 feet long
feet wide and assays enough TO sbo
there will be clear profit in "of
80 ,pg IL. and wants to sell some shar
. for a working capital, then the WI
ass shakes his head and says
IA do not know that the ole body !"
esG a,tena down a foot below your 10
x est working? And this though l
" rule Is that an ore body IS as deep
" IL Is long. L.,
W In truth, mining is the most reg
M innate business on EARTH Tor ID
~ reasons: What the miner obtains
X newly created and permanent "ea'
" could the silver that Abraham p'
W In order to obtain burial place
w his wife, be examined, IT "ouiu
M found that 1t had lost nothing
M weight, ductility, maiieaoiil'y'
81 sile strength or lustre.
~ II the farmers In this valley "
" IN raise twice as much wheat as
ny neonle could eat, and they mao
W outside market, vheat woulo La
M 10, cent. IL a man had min'
NJ the adjacent hills and be could II
NJ a, double the money OF Otan'