Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1907-07-21
The New York Herald in a recent

The New York Herald in a recent
issue, said: 5:z
st is undeniable that the most in
fluential men in the business world
have turned their attention to mining,
the source Of nearly all wealth, and
those persons enslaVed with the ideas
that the only safe proposition, was a
Is per cent or 6 per cent security, now
realize that many millions of interest
have been alost to them through heed
ing the advice of those who are in
terested in cheap money; and further.
the richest men in the world are min
ing kings, many of whom have grown
powerful through the proper appli-
cation of originally a mod erate capital,
and it is proven that while millions
of dollars have been lost in railroads
farm mortgages, eastern industrials
and building associations, the Ameri-
can mining industry has steadily ad-
vanced, making enormous profits for
its supporters, building great states
and cities, and pointing with pride to
the American possessions of s253
mines that have paid in dividends.
over $625,000.O 900. . ...s
In mining investments extremely
large amounts are not necessary to
make one successful, for the man of
moderate means, properly advised,
has opportunities for quickly doub-
ling his capital. Under interpretations
great achievements are made posi-
BILE through combining the sums of
thousands of investors, thus equaling
the capital of the individual million
aire, and making possible gigantic un-
dertakings that are productive Of
enormous revenue. The dollar OF the
man Of moderate means is as power
full as the dollar OF the money king.
For years the wondrons profits OF
the metal industry have been Whis-
pered among investors who apparent
ly We're afraid to let their neighbors
know that they were interested in
mining; but the recent efforts Of the
financial cars sof the world have OPP
ened the eyes Of the conservative and
modern investors, and they are now
making efforts to obtain their share
of the wealth which nature has spread
so lavishly. .s, A.
Nature has laid her treasures In
y the mountain recesses of the west
The American miner searches them
out Eastern capital makes possible
their conversion into bullion, and the
joint results Of the miner and the cap.
1talist make possible the tremendous
profits that signalize successful min.
ing"
This statement from a paper SO re.
liable as the New York Herald, is GER
tainly worth consideration.
@ The following article appeared in j
recent issue of the Philadelphia
Press:
The most encouraging feature In
the mining situation is the new stand
the business world is taking in regard
to the mining industry. Not more
than a decade ago mining was frown
ed upon as a gamble by conservative
men in the East. Improved methods
IN. the industrial as well as the fnan
cial end of mining have worked the
change in this respect. The mining
industry is no longer described as
speculative. Men who formerly shud
dered at the mention of a mine are
now scrambling for shares In going
properties and taking chances In un
developed prospects. Large banking
houses are underwriting the stocks OF
mining companies, and the public In
general is beginning to appreciate the
important relations Of our mineral
wealth to our national prosperity and
advancement. Scarcely a day passes
in this inventive and scientific age
without the application OF some new
method OF extorting wealth from the
rock bound rnatrix of nature. The
cyanide process Of gold extraction, 10,
Instance, has been worth countless
millions to The West. It has rendered
profitable immense bodies OF ore thai
4 were practically worthless before It'll
advent. All the conditions lof8 mining
favor increasing outputs OF the pre-
cious metals, which constitute thu
real wealth Of the country, and min
ing, in short. has proved itself The
most legitimate Of industries.
I s:=.=..:. BETTER "a,