The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-12-21
LET N BE REDUCED

8 WILL. BE seen in al announcement made in another column, The News
"a corporation, which wns the handsome and costly once building just
unMy reduction Of 25 per cent in its rent schedule; this reduction to
apply to tenants who signed contracts At the original schedule as well a o lev
tenants
The News does not take this step because it docs not need h money MOI
because If lack of tenants In fact every business with a payroll or with large
money investments in GoldAeld, is sordy in need of money just now; and on the
other hand h New building is already comfortably HE'D though scarcely yet
ready for occupancy.
throughout tn community in behalf Of lower rents and lower cost of living.
Several weeks ago The News called attention edtoriany to the necessity Of COM
fered to the fact that this cam is now connected with the outside world by
three lines of railroad, and that in spite of the fact that freight rates had been
when W 70 had 10 railroad at all, and everything was ireighAed in yer the desert
with teams. We expected to hear some violent rejoindes to or demands from
It was contended by the merchants that they were selling as low as they
could, considering the excessive rents and the high wages and mndy fixed
charges they had ia pay, and al Investigation showed that they had much utt
fcator il their position.
shortly after The News began its campaign for a lower level in the cost of
the mines, and stated that the cut was necessary for more economical operation
of their plants They had been paying the highest wages of any mining camp in
the mines could not stand the strain of a IS day. They realized that the cost Of
living lin Goldadd vas abnormany high and agreed, in view Of the wage reduc-
tin, to seek to bring about lower prices in all commodities
OF courses all this brings the pressure upon the merchant, and in order that
he may make the profit to which he is entitled, he, too, must gtr relief from some
ceved the largest profit n his investment in aoidheld during the past, has been
the landlord. He has been able TO get enormous rentals, enough in only a few
ne PAID SO Ion IS everything else ws prop"taonatey mgn N tnGe va
plenty Of money But that time is past. The hurrah of the young mining camp
down and they must con down before we car expect much reduction n the mer-
chandise charges And along with rents W must have cheaper light and cheaper
water service.
The time is At hand when man. merchants will have o make leases for the
ensuing year. They should demand reasonable rentals and see that they get
prepared fr owe charges; in act VIC know OF several who hav already de-
creased their rates. In the case Of those merchants who have long leases at the
and it is up to him to make the reduction lin harmony with the general movement
It must be recognized that the mines are the foundation of the business nm
field Il Is necessary hat te mines reduce their wage scale; and it is the duty
of the business community To- assist the mine operators to bring about conditions
through a general movement toward a lower COST Of living made possible, partly.
through lower rents And as rents are fundamental. let rs begin the cut there