The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1915-02-26
|OTECT|ON TO MINING

It recent meeting or the NORTH
It Mining association of this place
n. Stanton advanced the sugges-
that an effort be made to induce
United States department of geo.
to come to the aid of the mining
lstry by the appointment of geo.
lists of experience and reputation
b authority to make regular visits
livery district where mining is car
on, and pass upon the merits or
herits of properties in process OF
elopment, which are placing stock
IN the market.
he suggestion met with SO much
Dr that arrangements were at once
be to present the matter to con-
SIS with the hopes of getting early
lon, and in order to place it as
minently as possible before mining
b j. G. Fisher, secretary of the To-
association has forwarded the fol-
Fing communication to the mining
lvention in session at Spokane this
Dix:
lines are not found ready made.
ere are three stages in the making
mine, prospecting, developing, and
hing for dividends.
first comes the prospectOr, who
Is the indications. He rarely has
money to 60 further than stake
ground and do the annual assess
bit work, which in most cases Is
be as easily and quickly as pos
lie.
& econd comes the man, or men with
hll capital, who develops the pros
1t to the point where the indica-
BIS are that big money will make a
mine.
Fhe second stage of mining is where
really big money is made, because
is the stage of big risk. 1t is the
st important stage, the one where
elligent work in required and an
best purpose.
rhe personnel of those directing the
felopment work is as essential to
success of the project in hand as
he surface indications of the prop
v. Many a good mine has been
billed by bad management and dis
best intention.
Ia The second stage of mining does
U require large amounts of capital.
IA is good place to make haste
wly." Brakes are more essential
IN high gear.
q Large capital will seldom, if ever,
ne into this stage of the mine de-
opment 1t naturally follows that
y public is asked to put in some
3pney, and it is only the small in
etor who comes in at this stage of
- work. How can this small cap
"a be protected?
Large capital has sufficient means
Eemploy high class, practical men to
fect their investments. The small
Itestor can not do so.
The United States government
ends large sums of money annually
Ia direct the agricultural interests of
rs country, so that they may make
no blades of grass grow where only
|1e grew BEFORE"
#The mining industry adds more per-
lament wealth to the world than the
Sricultural industry, and is justly
4titled to as much consideration and
I3sistance.
& by reason of the large profits pos
3ble to be derived from the second
4age of mining it is fertile field for
Pc fakir and the wild CATER" This
hrows suspicion and unjust criticism
p all who undertake this work.
\ The United States government has
department of geology that could be
lpecialized to be of incalculable as
nstance to mining.
n The mineral lands of this country
phould be divided into districts, prob
lbly ten would be ample, an economic
geologist should be employed for each
district. The cost would be very small
compared with what is now paid out
ln other lines of industry.
This economic geologist should visit
his district at least three times each
year, or better reside in it. 1t should
pc his duty to inspect every mining
property that is now in the develop
ment stage and incorporated and its
shares of stock offered to the public,
and also inquire into the personnel of
It's officers. If he finds that neither
the property or it's officials are worthy
Of the confidence Of the public, he
should at once notify the postoffice
to that effect.
1t should also be an important part
OF the economic geologist's duty to
advise what development work would
the soonest show the real merits, or
demerits, of the property that is be-