White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1911-04-23
IN
MINING IS DUE
THERE Is A BETTER FEELING
GENERALLY AND FROM ALL
POINTS COMES NEWS OF RE-
TURNING PUBLIC INTEREST.

History shows that about every
financial depression We have had has
been followed by a mining boom.
You know what the Comstoek
mines did for the country after the
Civil war. Then there was Lead
vile; and the depression of 1898,
Notwithstanding that il brought with
it the closing Of our silver mines. was
followed by the discovery of Cripple
Greek and the gold discoveries in
Alaska, which enabled us to forge
TO the very front as a producer of
the yellow metal. The Nevada ex-
element and the opening there of
so many new and prolific camps. was
the last stimulator TO general pros
perity al an opportune time.
We are due for another mining
movement, following the set back
financially which the country ex-
~perienced two years ago; and already
t.ere are unmistakable signs that
history is again going to repeat itself
1t is in the air. We feel il in u
bones. We are very optimistic over
the outlook. Let's have a boom,
anyway.
Optimistic reports are reaching US
from many sections, and mining OPP
orators are generally talking pros
porous times for mining. Mining is
due for another inning, and there is
unquestionably the makings of a
substantial prosperity. Capital is
seeking meritorious mining invest
ment channels. and the effect is evil
dent. both in connection with the
older camps and new ones.
Among the movements par
tieularly noticeable are Alaska and
the new camp of Porcupine, in Can
ada. The mining sections of the
Northwest, also. are showing signs
of activity which is nos eneourag-
ing. A new camp, and a rich one at
that, is all that is necessary TO give
the stimulant which will have a gen
eral beneficial effect on the entire
mining industry.
Is P%orcupine TO prove the stimu-
liant?
We should not be surprised. The
new camp has the earmarks. and the
product is gold-the fascinating min
eral. rich discoveries of which have
so often been the a of attract
ing a public attention to the great
advantages of precious metal mining.
We reiterate, there is a better feel
ing generally, and from all the camps
there comes news of a returning
public interest. In addition there
is unquestionably IN underlying
prosperity, with the physical on
dition of the industry never in better
shape. A tremendous tonnage is be-
ing marketed, and the dividends rec
mining machinery is on the increase,
which is a never-failing indication
of a returning interest. And several
important deals in mining property,
recently eonsummated. is further
evidence of the trend of prosperity.
1t is by no means unlikely that we
are on the eve of a big mining ex-
element.
Well, there is not a more profitable
industry than mining, when bust
ness methods are used. There is no
safer channel for the investment of
funds than mining. There is no
field of effort that offers greater op-
portunities for successful develop
ment than mining. AS many mines
as have been found, it does not repre-
sent the total by any means. for there
will yet be discovered perhaps as
good mines as ever, the existence or
which may not even be suspected at
this time.
The right kind of enthusiasm will
attract the merited public attention
to mining. and there will result a
prosperity which, beside benefting