The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-04-27
HOW MINING INVESTMENTS
DIFFERED THEN AND NOW

that gold dollar was represented In q
gold bond. the balance above the 100
cents in that dollar. wasered and all
done on the false assumption that the
silver dollar had lost Just that much
Of its real money value In it's bullion
state. rs, by the demonstration act.
and the establishing OF the commercial
value of the ounce or dollar of silver.
gave the money -manipuiators the op-
portunity to rob our nation OF just as
much enefsy. through the brain and
muscle of millions of its toilers as would
equal the difference between this false
and true value of money. the most
sacred of our nations heritage.
This is tire crime that has been per-
petrated on an -unsuspecting and long
suffering and industrious nation. and
here is where we have unearthed the
"faker." These acts and the men in
high places that are connected with
them. are the ones responsible for the
adverse estimate PLACID on mining stocks
AMI lining scurit'es.
But thanks be to God. and the never
trims faith and energy OF our Amer
lean people, that with all these draw
backs to our real national prosperity,
conditions have changed. and mining
securities and stocks today are more
appreciated and sought after than any
other stocks on the exchange. In the
slumps lately given to all sorts of
stocks, because of the governmental in
vestigations that nave been and are un-
covering gigantic steals among the big
trust combination and by men In places
of public trust. Gold and silver mining
stocks have stood higher and stronger
all the way through, and the eastern
capital is today seeking the western
mining sections for good Investments.
why7 Because silver bullion is stead
lily going up; today 1t is quoted at CSC
an ounce. this rise in connection with
the new and modern methods OF reduc-
ing the values from the ores, has made
IL again possible and profitable for the
old abandoned mines to be reopened and
worked on a very good paying basis,
even to the low grade silver mines.
With our new scientific methods of
treating ore the refuse and old dumps
of the old abandoned mines are being
worked over, and values taken from
them equal to what was obtained by the
old process. Thus the ability to get al
most double the values from the ores
and the constant rise of silver bullion
tunu III tHiS connection let me say tnat
in spite of the false commercial value
of silver bullion, so called, silver bullion
will continue to raise until it will finally
reach its water level around 100 cents to
the ounce, along with gold.
Take away from the money NOR gers
the ability to water gold standard bonds
and securities. and you will then see
what will flow back to the people as a
rauord fpts ~ oir toll apI oTarfg &c t.
dividuals. This will result in the real
prosperity that we thought about in the
campaign OF 1896 and not the millionaire
prosperity we read about and was told
about. And the Goth century method in
the mining states today is almost to be
likened to the settlement Of the new
western farming countries. The rail-
reads are going ahead OF the prospec.or.
I will admit that some, and possibly
many. mining ventures have failed,
wholly out of m-ismanagement. ignorance
Of the best methods of mining, and some
sheer rascality. But say to you, that.
II you will use the same good sense and
judgment in your mining investments
today that you do in the purchase of a
farm or other property about you. min
ing investments will prove to you to be
equally safe and a thousand times more
profitable.
The mining business today is becom-
ing more and more a scientific occupa-
ton. from the man known as the pros
pector to the man that separates gold
from the dross.
Today the prospector does not go out
over the hills with a vision of a solid
gold nugget before his minds eye, but
he goes out with a knowledge of strata
formation and as a result of this knowl-
edge. obtained only in our schools of
metallurgy, which are now established
in all of our western mining states; and
when he sees a formation OF rock crop
ping out on the surface, he is able to
measure it's value. The same is true of
every feature of mining today. Just
measur the old pioneers of '46 with
the present. Our men in this line today
are scientific students. quite young men
at that, and from the very best families
! of our American commonwealth.
1t Is absolutely a mans own fault IL
he goes wrong on a mining investment
today. And / hope that this article will
assist you in getting rid of a prejudice
against one of the most legitimate, and
at the same time, the most profitable OF
all enterprises. God has given us these
metals and expects us to get wise, to get
them. The early and present day
methods of mining has as great a differ
ence as the early and present day
methods Of utilizing electricity.
GEORGE f. BOURELLE.
901 Columbia Bank Bldg. Pittsburgh.
Pennsylvania.