White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1911-02-05
MINING REVIVAL
IS APPROACHING
INDICATIONS THAT POINT TO
IMPROVED CONDITIONS FOR
ALL MERITORIOUS ENTER
PRIsES IN ALL SECTIONS.

A boom may be said to be an ex-
traordinary industrial or financial
movement, attended by an unusually
upward trend in prices and quickly,
easily gained profits by those who are
in accord with the movement, says
the Denver Mining Record. Mention
of a mining boom Immediately sug-
gests discoveries of new and rich ore
sources and the magical appearance
of a new town toward which people
of all sorts and conditions rush in
eager haste, bent on securing some
of the rich ground or plying their
trades and professions where money
is supposed to flow literally and
without particular attention to cost
of commodities or services.
There is much talk of a mining
boom just now, continues that
paper. not only talk, but un-
mistakable indications that war
rant the belief that a vastly
improved condition. at least, will
Casual assertion that a boom is i'm
minent incite numerous inquiries as
to where it will oceur-where will
the new discovery or discoveries be
made?
Probably the boom will not ma
t~erialize marked by the outward APP
pearance which popular conception
attributes, and possibly, bereft of
these familiar earmarks, its arrival
will not be Immediately realized.
1t may be merely a revival, if there Is
a distinction between the two terms.
but it will be none the less beneficial.
A mining revival-or boom-need
not necessarily have its inception in
the discovery of a new mineral re-
gion. 1t may just as well originate
out of ordinary conditions. obtaining
its energy form normal influences in
the financial and industrial world.
To be sure. the most sensational of
our mining booms have received their
impetus because of astounding reve-
lations of unsupported mineral wealth
attended by intense excitement
bordering close on hysteria, under
the influence of which unreasonable
conditions were permitted to prevail,
but there are likewise instances
where a quiet gathering of forces has
taken place, eliminating in a gradual
swing into popularity. under which
beneficent circumstances mining has
enjoyed its most pronounced pros
perity and real progress.
Neither is it necessary that min
ing revival be confined to a partieu-
lar state or section. The movement
may just as well be general. with all
meritorious mining enterprises par
ticipating and opportunity extended
all sections of the country to perceive
and seek accompanying benefits. The
finding of rich ore bodies on unlo-
Gated ground suggests the possibility
of securing a portion of that ground
by original location-possibilities
which move men to frantic and abb
normal undertakings, and IL, per-
chance, they do secure property near
the scene of the find, they vest it
with a stupendous mineral content,
without regard to actual worth, and
imbued with the spirit instilled by
thoughts of quick and easy wealth,
they indulge in exaggerated de-
scriptions, develop unwarranted en-
thusiasm that is communicated to
others and work more or less havoc
in the finances of their friends and
the public in general.
With the frenzy and excitement pro-
dueed by such occasions eliminated
the mining industry is better able to
appear before the public is its proper
light and the public Is vastly more
prepared to judge conditions and
take intelligent action in the move
ment. Proceeding along normal