Arizona republican., 1916-09-10
6be MINES of ARIZONA


 tt is completed" don't know whether you are going to build it in six months by rushing the work. or whether you will build it at H. or build it next year or year after. It is evident that the quicker you get it completed the sooner you begin to collect room rents.
 I find that 90 per cent of the min ing propositions that stop work are forced to stop by the stockholders failing to push the work-failing to provide funds When a mine manager says, We can have the mine produc ing in six months or a year." the stockholders sit down and wait a year and the mine stands idle. Some times they are abandoned, and the same manager will hunt up someone else to buy it in, and open it. Thus the same mine. with the same man. ager. becomes a big paying mine, and the stockholders accuse him of being crooked-when their real cause of loss is that they didn't furnish the money to open it and get the ore out.
 If you are a stockholder in any mine, and you have sat quietly by for years. without making any effort to keep your mine running. you de- serve to lose every cent. The hardest part of mining is to raise funds suf- ficient to develop it right. You eX- pect secretary or a manager to raise the money" and keep the rec ords and direct the work. Suppose you were elected secretary. could you do it% You'd expect others who were interested to raise some of the money, too. wouldn't you?
 A director, or officer, is only a Stoekholder. like yourself, who has
 been elected to act as head, or keep q record of all business. Maybe | he has less stock than some of the other stockholders. Don't blame him l if your work isn't going on as fast | as yCu'd like to see it: he cant make ] it go faster than there is money to
 pay for the progress. He simply di-
 rects what money there is to the best
 advantage. and keeps a record of what is done. Stockholders have no , one to blame but themselves for speed
 of progress.
 | There aIe hundreds of mines now working that were started by some former owners, who failed, and gave | it up. New men took it up, and went
 ahead with the work and reaped the profit the :riginal owners might have
 had if they had gone ahead. With | the exception of two, I think every operating mine in Tonopah and Gold . field is a reorganiZtion-reorg
 to raise operating finances. yet the ! same working methods, on the same property. and in many cases under
 the same managers, are producing | handsomely. Some of them have been changed to assessable companies to force the stockholders to come through with operating expenses and thus they have been able to make them produce. An idle mine can't pay-it must reach it's ore and take it out before it can pay. No mine can reach it's ore without money to buy supplies and hire men. These laTe cold facts
 Mining is a business that must be developed. Mining investors frequent fly lose enthusiasm and quit-or get cold feet. Cutters nearly always llose-there is no chance to win suc- cess when you quit and run away
 The stickers who finish their develop
 ment. are the winners in the end.
 Everybody belongs to one of th5
 two classes-thev are either "Stickers'
 or "quitters. It makes no differ
 enee whether a quitter quits in tho first hour or in the eleventh hour
 just when victory is in his graps. the I result is the same.
 | If you are not enthusiastic about | your business you can't expect other |
 and no ambition to make your busi
 ress a success don't go into it in tn, first place. If you start. stick. Make | it a success by your own efforts. ll If your mine needs funds for furth-
 CT development, for building ore bins and so forth, it naturally falls or you as . stockholder. or partner 1T the mine to furnish your share O that expense. before ihe returns ca, be taken from the ground If yo, can't furnish 1000. or $500, CT s1Oi right now. you can at least furnisl S10 or s20 or perhaps $50 a month for a few months, which will accom- | rlish the same result. It is strictl. | mp tc you how fast the progress is Spread your enthusiasm and stick | to-it-ive-ness to your neighbors .an, | friends. and interest them. If yoi were a partner in a grocery stor | you'd rustic your friends for patron | age, and boost your business, unti you became established