Rogue River courier. (Grants Pass, Or.) 1886-1927, 1912-02-16
DECLARES WESTERN MINERS
VICTIMS or MONEY KINGS

w. ]. Winner In an address at the
second days session Of the South
ern oregon and Northern California
Mining congress gave eastern money
kings a sharp rap. Mr. Winner
charged the finaneiers with being re-
sponsible for the fact that the min
eral field OF Southern Oregon is now,
In most part, lying dormant. The
speaker said In part:
Southern Oregon by its exhibits
OF ore at its congresses at Grants
Pass and Medford has proven posi-
lively that II has the values In placer
and quartz mines awaiting necessary
capital to develop great mines. Our
ores have been passed upon by
skilled miners from Alaska, Idaho,
Montana, Nevada. Colorado and Ari-
Eona and without single exception
the verdict has been that our great
quartz exhibits are as good as they
have ever seen and surely indicate
deep and lasting mines. All such
men have expressed surprise that
such splendid prospects have not
been followed up with sufficient cap
itai TO develop them Into dividend
paying mines.
Foes OF Western Mining.
II shall take the stand that a
handful OF men In New York city,
aided by their blood brethren In Lon
don, England, are at heart enemies
10 western mines, mostly because II
II an Independent Industry and they
frown upon II az such II is indepen-
dent OF railroad freights and middle
mems profits and is therefore not
popular with them as an investment
unless by virtue OF monopolistlc con-
troll.
THE mines OF southern Oregon
cannot hope to supplant steel and
hides In the minds OF eastern dollar
marked gentlemen OF the corpulent
type, and even our own metropolis
Portland. fails to see the Importance
OF introducing It's capital and ma
chinery In the mines OF southern
Oregon.
Easy mines in southern Oregon
are all worked out; what we need
now is capital to go down deeper af-
ter the greater values, and we need
also competent mining men to direct
the investment OF every dollar of this
capital, In which case the results are
certain to meet all expectations.
Not as In Old Days.
I'm the early history OF our min
Ing the money taken from the mines
remained In circulation; the mer-
chants helped the miner and they
aided each other with cash; the mines
would work until the clean M
though that came but once year and
the merchants would furnish the
supplies and wait for their pay until
the clean up. But now there 10 q
new era and miner may own a good
prospect but having no capital tc
meet every expense as ne goes can
not handle his property, and the
banks, holding all the money locked
up, owing TO the small nibbles oi
actual capital In mining ventures ant
the numerous mine failures caused
by insufficient capital and incompe
tent management, are naturally sh,
OF loans to the mining industry, the
result being that the miner has nj
one to help him and therefore tn,
neatest, cleanest resource Of south
ern Oregon is awaiting It's turn tC
take the lead.
The Miners Dream.
"A very bright day is dawning
however, the trust methods mus
cease, and the immense capital the!
WELD will be driven into Legitimate
investment and with the building o
the Panama-Pacifc canal larg'
share of this capital will surely seel
our mines and other western invest
ment to be found on the Pacific coast
This conclusion ia already evidenced
and as one learned financial write
has already said, The bulk of sur
plus capital In the United States nrs
sought manufactures from that
went into stocks, and from stock
It will enter the mines and as firm
ly believe we are now on the eve o
great activity In the mines of south
ern Oregon"
a,txrx. NnNIfrES