Arizona republican., 1908-06-11
ARt PHOENIX
PEOPLE ASLEEP

IHotIlA IdS DtGH STOHlHB 81 last
of recent years that its people are get
ting really provincial, like New York
ers. in that they can see nothing good
outside of Phoenix and the Salt River
valley. 1t is all very well to be patri-
otto and home-loving. but it does not
pay to be too narrow-minded. Some
times it seems as if the people of this
valley could not see beyond the cot
tonwoods which fringe the edge of this
beautiful oasis-and yet this valley
and the town of Phoenix owe their
very existence and prosperity to the
rich mines in the hills beyond the cot
tonwoods. You don't find gold where
roses grow-and people who look too
long at roses get near-sighted. A dime
held too near the eye will hide a TWEEN
ty-dollar gold piece held farther off.
and so it is with this valley. The many
opportunities for profitable land and
realty investments right here at home
make Phoenix people entirely overlook
the much more profitable mining in
vestments just beyond. 1t would prob
ably astonish most Phoenix people to
know that there are several mines in
Arizona which each produce much more
wealth every year than this entire val
ley, but such is the case.
Many wonderful opportunities have
been presented to Phoenix people for
investments in mines right here in Ari-
iona which would have yielded them
enormous returns, but so few of the
people here have taken advantage of
them that it has become proverbial
among mining men and mine owners
that Phoenix is a dead town when 1t
comes to mining investments. Arizona
mines produced last year nearly $780,
600, 900 of which amount but very
few thousand dollars came to Phoenix,
because Phoenix isn't interested in
mines. The following instances are
but a few of the opportunities Phoenix
people have overlooked, where they
could have made money in mines right
here at home Phoenix overlooked the
United Verde and Senator Clarke
came from Montana and secured the
prize. 800 invested in the United
Verde, then, is worth about 100000 now.
500 invested in Cananea in 1901 is
now worth several thousand. In 1901
Thomas Cole had to go to Michigan
and Pittsburg for funds for the Calu
met & Arizona, and 800 invested then
is worth $4,000 now. Any man in
Phoenix could have invested just one
thousand dollars in C. & A. in 1901 and
have retired with 100000 long ago
but no one did, and the millions in
dividends go to Pittsburg instead of
Phoenix These instances might be
repeated almost endlessly at Bisbee.
Clifton. Morenci, Globe and other
places in Arizona. Arizona mines make
millions every year-for other people,
but not for Arizonians. And Arizonians
are happy-for ignorance is bliss and
hundreds of people right here in Phoe-
nix have never even seen a mine.
The building of the Arizona & Cali
fornia railroad to Parker, at which
point an immense steel bridge is now
being completed, has opened up the
richest mineral section in the terri
tory, almost at the doors of Phoenix,
and yet but a very few Phoenix peo-
pie have ever even ridden over the
road, much less Investigated the min
ing conditions. The best of the pros
poets and mines are rapidly being Sc
cured by outside people, while Phoe-
nix sleeps. 1t is much easier TO raise
s25. 900 to $4,000 for a government
building or a Y NJ. c. A. building in
Phoenix than it IS 70 raise Csc. for
good mine, and yet one good produc-
ing mine on the Arizona & California
will bring more real money
into Phoenix and the Salt River valley
in one year than score of such build
ings ever will. Among the prominent
properties in that section is the Cob
rata, which has rapidly come to the
front since its discovery about eight
cen months ago. and upon which the
development during the past year has
opened I'D bodies of sulphide ores in
a lime and porphyry formation similar
n that existing at Bisbee, Clifton, Mo-
.ent,g and Globe, with the exception
hat the Cobralla ores run high in gold
md silver in addition to the copper
content. The many mining men who |
AVE visited the Cobralla during the |
,ast few months generally concede that
he Cobralla will make one of the big |
mines of Arizona and its development |
md operation will greatly stimulate
rade in the Salome section as well as
ocally.