The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1910-05-26
INTERVAL AND EXTERNAL CONDITIONS

There has been gradual improvement local mining condi
ton extending over the This has, however been "
free from excitement of any kind that the majority OF people
have been unaware of any change Those who are well
have noticed with qualification the general ehu anu Se
great promise for the future
While this improvement has been going on quietly a. nome
side interest in the Occur dAenes has also been steadily
mo The editor of The Miner spent 10 days out OF the
recently and wherever known that ne was IN poston 70
have authentic information the mining industry OF the Occur
Aenes asked questions regarding specnc pop
critics and business conditions generally Were ne out WIN ae
sire to sell mining stocks could have disposed OF large blocks
Of those companies shares which have been doing something
recently and been accordingly mentioned in the pubic
It highly gratifying to note the attitude OF OUTSIDE capl
toward the Occur dAenes The district is regarded as the most
promising world Any intelligent man with good Know
ledge Of mining and with project Of merit will not have
waste much time before ects sufficient interest in his enter
prise begin getting returns the form OF SUBSCRIPTIONS 10
a The results will necessarily be by several matters
For instance he must first be vouched for as man poo
and mining knowledge next he must have proposal 70 make
which will offer satisfactory inducements to capital Don IN the
matter Of possible and economic well as intelligent ex
penditure of the funds
1t must be remembered in placing enterprise before men OF
capital that they constantly beseged BY people with vision
airy schemes who would quickly make millions Tor them
sonay such people able to convince OF means that
they can deliver the goods but they seldom have success
separating the capitalist from his because ne eazes tnat
money seldom made that and ne has the Denen OF
ence in making his find out that there are many
porune Of losing money where Is endeavornx 70 make
easily 1t is hard to find who has not at some time
taken long the hopes making large return from
very small investment The results almost invariably the
sae-he ample leisure for regrets Consequently the nrst
advice to promoters be vve in presenting any
stion nverse the advice
good They must learn to shun the promoter VINO
promises much The he promises the more difficult
to fulfill his promises The promoter who has mertorious pro-
iect usually nderesmaes the ossbe results He then ensures
satisfaction when the people he las interested make an examine
ton and the result that while possibly difficult to interest
them at the start they w increase their investment a.
they see developing profitable enterprise than was
promised he The result the enterprise and the promoter
needs literary exhibit and the general effect saluay and
satiafying.
The writer was amazed n the attitude of outsiders
whelmingly in favor of mens The Miner as Is well
known been persistent advocate of development by this
MEANS The only reasonable objection ever offered has been the
possibility nonesdents fall receive notice OF such levy
and having their shares sold without chance to protect them
1t when this happens assessing companies have a.
most invariably shares in he treasury redemption usually
made for those bon de sufferers Mining not
odup game It leg ate and scientific business Success
cannot had by loose azad methods any more than in any
other pursuit purchase of securities to protect themselves
should enquire the as carefully as INTO any otne
enterprise in which they assuming partnership and skns
their money
The complaint here that outside capital not coming
into the district in any great This paper differs with
people who hold to mat belief Through assessments enormous
amounts are coirg in not lump but the aggregate u
immense were not these additions our working capt.
oneaf the work going steadily forward on the numerous
mines Of the district would be stopped indefinitely
Money also coming subscription shares Of nonassessing