White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1911-04-16

81 DECLARES DENVER PAihh
WHICH TAKES oCeAsioN =
MAKE UNk1ND hhha""
CONVECTION THEREWITH.

The Denver Mining Record mas d
se.ortmenf in its columns whlch IL
designated Over the Dump. III 'u
department from time 10 ilhe az
contained articles of merit ana ue-
merif according to the vision oil the
raadar The following anent the
caoroa Graham Rice articles now
appearing in the Adventure Maya
gine viii be of interest as rejecting
) view NOT complimentary 10 the
writer. and is reproduced merely as
a version from the Colorado editor ;
standpoint. =.
The contents Of the first ear 70 De
dumped this week are entitled
Nv Adventures with Your Money
-nnblished in Adyenture-written
BY an adyenturer-ostensibly de-
signed as a journalistic adventure
for Standardization and al the eA-
ppnse of more m%eritorious efforts.
George Graham Rice. alias
But then you are familiar with his
aliases. and sufficiently familiar with
his record to admit that he does not
come into court with clean hands.
What a journalistic spectacle.
What an outrageous attack upon a
great industry, which unfortunately
is fringed with such eharlatan ad-
+ v~enfurers as the one described in this
latest expos Of ~so-called mining.
Rice SAYS that when he went into
Nevada he did not know the differ
ence between a shaft and a hole IN
the ground. and judging by his story,
he did not know much more about
/ mining when he got through.
And his experience in mining
finance seems to have been along
lines akin 10 horse race tipstering,
dealing faro bank. or spinning the
little ivory ball around the roulette
wheel.
Fiction writer's should never be
taken literally or seriously. however
much We may be entertained by read
ing how 5000. 600, 900 was invested
IN mining during the Nevada boom
-nrst hand information is in eff
feet that there is not this much mon
ey in the world. and the game" as
described in the Adventure story is
not mining as understood by mining
men.
A brief sentence dismisses Denver
as the place where all the %sWindling
in the Neyadas was accomplished.
and this Notwithstanding, as every
n knows. Denver prospect issues
We're sold at but a few cents a share.
whereas the article referred TO tells
how at least one Nevada prospect
was boosted around Pittsbnrg, Phila-
delphia and New York to s26 a share.
As a matter of fact the real mining
which was responsible for the devel-
opment of the splendid new camp in
Nevada was done by real Colorado
mining men. who by the way are still
mining the ground there and not the
public.
The story Is solely fiction. with
Rice as the hero performer. and pub
lished primarily as a piece of muck
raking magazine literature to satisfy
a supposed deprayed public demand
for this class of sensationalism.
There may be other reasons. in
Guiding perhaps an attempt on the
part of Rice to get even with the big
interests who have led him a merry
chase almost from the time he struck
New York, and again he may be go
ing to figure himself in another "ad-
venture in finances. speculation or
gambling.
In the meantime foolish people
believe all the hard things which are
being said and written on the sub
jeet of alleged mining. they become
skeptical and timid. and are accord
ingly induced to place their money
into less inviting and more hazardous
inyestments-being offered by the
same character of people as those
described in the article in question as
playing the game dealt with there
And American mines continue IN
produce, and American mining com
panies continue to roll up their
great dividend records In a manner
which easily classes the industry as
the most prosperous and profitable
of all
as viewed from the standnoint
/ of the lpPit