The White Pine news. [volume] (Ely, Nev.) 1906-1910, 1907-11-12
Salt Lake Business Men
Express Large Conf
dence in Ely Camp.
KNOW ITS GREAT WORTH
Optimistic View Taken Of General
COnditiOns...SaIt Lake City is
Little Disturbed by Situation.
Especial to the News.)

SALT LAKE CITY, Nov. 1.-THE
confidence business men OF Salt Lake
have in Ely, in the Robinson mining
district, and in White Pine county in
general is phenomenal-no, that is
not exactly the right word-it is un-
bounded but perfectly natural. These
men know the value of money, they
know its purchasing power, its earn
ing capacity. They know where to
put their money to make it grow the
more rapidly.
That is why they are looking at
Ely with absolute confidence. That
is why they are planning, when the
present financial furry has subsided,
to pour into the lap of Ely and of
White Pine county a greater flow of
the golden stream than ever before.
Business men here speak in words
of most ardent praise of all that Ely
has done, of what she is now doing,
and of what she will do There is no
discomfort or worry here about in
vestments, made of Salt Lake capt
tai there. There is no complaint
that the money is tied up in develop
ing mines, in ore reduction plants
under construction and in countless
Iother enterprises of the district.
There is no complaine because part
of that money is not earning anything
for its owners, for those owners
know that, like stream that Is dam
med and that finally breaks its
bounds, the golden tide will soon
sweep out of the district, leaving
trail of wealth behind it for those
;.,IA IAI f.,
invest in the district.
ely is the best town i'm all of Me-
vada," said prominent banker to
our confidence. They have II good
thing. They have the greatest Sec
ton i'm the entire state. They have
what will eventually be the greatest
city i'm the state, and il will run
Butte tight race, if indeed, the cop
per city of Montana remains i'm the
lead.
"The men who go to Ely, invest a
little money and, to use a modern
colloquialism, stick, will come out
with a great deal to their credit on
the right side of the books. The bus
mess opportunities of that camp are
the finest in the west today. All one
needs is little money, little bust
ness Judgment, perseverance, stick
to-it-iveness' and he will be glad that
he remained. The future of the dis
trict is as absolutely assured as
though it were already realized. Ely
will one day, at a day not too far
distant, be a city that will outclass
every other city in the entire state.
Speaking of financial matters. there
is not the nervousness evident here
that has been indicated by rumors in
circulation in Ely I talked with a
prominent business man yesterday, a
man who has more than million
dollars tied up in his various com
mercial enterprises in and about Salt
Lake, and he said:
eve are short of ready cash 1T is
true, and it is not that we have not
the money. The business men of
this city have millions and millions
of money in the banks, but they can t
get it any more than the fellows in
New York, Denver and other large
centers can get it except in limited
amounts until readjustment of the
situation is completed. We are meet
ing the situation here with as great
grace as could well be expected.
Courtesies are extended on every
hand to the man with a cashier
check, or with exchange on another
city. Business seems to be just as
brisk as it ever was at this time OF
(COntinued on page fOur.)