The Eureka sentinel. [volume] (Eureka, Nev.) 1902-current, 1910-12-10
CONDITIONS ARE GOOD
FOR THIS STATE
Capital Ready For Investment in
Legitimate Enterprises Where
Goods Can Be Shown

National Miner: William Rea, repre-
seutine a combination Of strong finan.
eisI interests located at Seattle. Salt
Lake aud New York, after an extended
visit to Eastern points and Salt Lake in
psrticular, returned during the early
veek full of optimism and rosy views
A to the future greatness of National.
In relating his observations and the
reasons why he was all smiles with
yeritable sunbeams playing upon his
keen counteuance and making more
vivid the earnestness with which he
outlined the conditions that are making
Nationalward, He said:
conditions East are good for gen.
eral renewal of interest in Nevada min.
ing opportunities and resources. The
great dividends of the various Nevada
mines are eye openers for legitimate
Eastern investors. These dividends and
the security they assure are attracting
the moneyed men to our portals. Ii
will be bat short time when with full
effect throughout the State this new
yiRor will become manifest and display
its beneficial influence.
"It wants to be borne in mind that
money is only to be had by responsible
men for legitimate exploitation in favor.
able mining sections or where the goods
can be shown. The wildcatter and
validating is past. Where capital
feels 1t will get fair show for its in
vsstment there will be no trouble to Sc
cure funds to operate, but the assurance
must accompany that it will be fair,
square deal. Capital. upon this basis.
can be had for development. Another
thing wants to be noted, that capital
will not pay fancy prices for prospect
and then expend additional money TO
fnd out whether the prospect justified
the price. The policy now is to expend
money to determine the merit Of the
property and upon proof pay the price.
A developed property, with ore reserves
blocked out, can be readily sold.
"The conditions for live mining
period in Nevada are of the most promis-
ing The deep impression that exists
as to the great resources Of the STATE
BODIES good along legitimate lines for al
Of us. National in this respect is
center OF attention. The mining in
yestor is looking for opportunities. Ma
tional, owing to its persistent and phe-
nomenal record in production with divi
dends and the uniform favorable
reports upon the camp aud environs by
competent mining men. is more no
tably attracting the attention Of the
mining investor than any other West
cru point. In my opinion National l.
on the verge Of great forward move
ment. say this for had the oppor-
tunity in my trip East to gauge the
temper of the financier and investor.
The final elimination OF Roosevelt in the
East and the election OF Oidie and
Nixon in Nevada has loosened food
Of Eastern money. which under proper
conditions will be invested in Nevada
enterprises both in mining and for the
reclamation of our arid areas. What is
exacted is fair. square application OF
square business methods. National has
much good for all of us before 1t.
II am authorized by my people to
take over certain properties and the
people represent are of the strongest,
but conditions must be fair-no fancy
prices for undeveloped property.
Ar. Rea, in addition to the above. was
full Of enthusiasm and glee over the
courteous treatment received from the
jolly Eks at Salt Lake and the deep iu-
terest and confidence bestowed by the
strong men he met in Nationals future.
Rea demonstrated to The Miner that he
was prepared to take over one Of Ma
tlonal's principal properties and operate
it upon large miner.like scale il he
could secure IL on miner. like terms.