The Idaho Springs siftings-news., 1911-07-01

ing industry have awakened interest
in the East and millions of capital are
waiting investment in first-class prop
critics. To bring capital and miner to-
gether. however, requires some reform
in the attitude of the latter and when
that has been accomplished | do not
doubt that this state Will see the in
coming of asst amounts of money from
the eastern states and outpouring
of wealth torn from the rocks Of the
mountains such as has never before
beeh witnessed. -
This is the prophecy ms de by DIR. &
l.. Barber of Lansing. Mich who.
though he has been intercstas IN mining
in Colorado for two years, never has
felt enthusiastic until he observed in
the last few weeks disposition on the
part of residents of this state to foster
the Industry and to push the exploitation
Of the mineral wealth which every body
realizes is hidden beneath nearly every
mountain range within the boundaries
OF Colorado and the adjoining states.
Il have been working some claims in
Mayflower guleh in the Ten lie dis
trict above kokomo. said Dr. Barber
land am more than satisfied that my
investment will produce great deal
of money In fact, | am returning
to Michigan in a few days to organ
ize company to develop these claims
The money is there and is anxious to be
placed in mines. But the values must
be shown.
lone thing is certain. and that is that
the East has come to life so far as min
ing rs concerned. and it is no exaggera-
tion when state that personally know
of millions that can be brought here for
Investment in first-closs property.
Il have been asked by my friends in
!iichigan why, if Colorado has such =
wealth of mineral Colorado people do
not invest the money themselves. The
question has puzzled me, nu, the recent
revival in interest in this great INDUSTRY
has convinced me that Colorado people
are like those of the East they must
be shown.
lone of the difficulties has been that
the prospectars the men who discover
the mines are re uctan. to let 90 any
fair part ot them for the capital needed
to bring them to the producing point
| have met scores of them almost broke
SO far as money is concerned and yet
who have great wealth stored up in
some hole or holes in the ground which
they will not relinquish because they
fear they will get the worst of the deal.
Money is just as necessary to the devel-
opement of a mine as is PICK, but the
general attitude of these old prospect
ors is hat the man who would risk his
money in carrying on the work wants
too much of an insur nee that he will
get it back. The solution of the prob
lem. in my opinion. is better under
standing between the two forces; and
this believe is taking place.
up in the country where we are
mining have met several prospectors s
who held claims that undoubtedly were
rich. These men would work for some
one else until they got enough money
TO last them as long as they could The
entire year they were between hard la
Dor and starvation when it would have
been an easy matter for them to have
sold an interest for a substantial sum.
and yet have retained enough to in
sire them moderate fortune from the
income. As long as the prospectors
assume this mental attitude, the min
ing industry Will flag, for the rich
strike that they hope for to give them
the capital to work their promising
claims does not exist for every one of
them.
II have talked with scores of east
ern friends who were anxious to get
into the mining game in the las. few
weeks and | am confident that before
long there will be an influx of capital
that will astonish Colorado people.
Colorado never has been explored as
the mines in other countries have been
and that fact is becoming engraved on
the minds of eastern men who have
money to invest in mines. If there
were some way to find out. | lwou,d
feel safe in making = bet that eastern
money is coming into the state now in
large quantities and that it is due to
the fact that Colorado herself has
awakened to the Importance of push
ing the search for mineral wealth, and
is furnishing the funds to do it.. -
Denver Post.
The ladies' of the Presbyterian