Evening capital news. (Boise, Idaho) 1901-1927, 1916-11-12

"a mine produces comes from the APP
piicstion of knowledge and from the
labor of men. Digging in the earth's
Interior Is just as hard work as loading
saw logs. The difference between q
legitimate mining enterprise and a
manufacturing company is that the
mine produces something that is wealth
personified. While the latter anti
cipates wealth. The manufacturer seeks
gold in the form of specie; the mine
seeks 1t in the form of mineral, that
Is the only difference. Mining failures
that are recorded are admittedly those
that existed ION paper" Mines that
are realities are not talked about in
the metropolitan press. Therefore
mining ventures are wrongfully con-
demned. After having been approached
by prospector for money assistance.
more conservative man might say:
If your property is so good, why do
you care to let others into it? This is
one of the commonest questions asked
and one of the easiest answered. Here
| it Is: 1t costs money to develop a
mining property. and very few pros
pectors or miners are wealthy men
until they have brought out their
property. 1t is he, through the hope of
finding something. that is coached by
the desire Of obtaining wealth, that is
willing to go through the deprivations
of months that he may possibly find
that which will keep him more COM
Portable for the. balance of his life.
| Therefore, after the find is made
they give others various interests for
financial aid. The man of means does
not have to go and hunt the hidden
wealth.
Anyone can see that it really does
take money to start a mining enter
prise, that 1t takes as much money as
1t does to build big Touring mill
When he can see these things, he will
then have solved the problem of why
various mining interests are sold. Min
ing Is coming to the front more each
year in Idaho, ever since the big mines
/ at Butte, Cripple Creek and Goldfield
made the world gasp, people have been
thinking. These same mines were not
of much account at one time Ono more
so than the prospects on Shaws noun
tain) on the surface the symptoms"
showed that there should be some
values below. The prospects were ex-
plotted, values were reached and wealth
was made
To name all Of the paying mines in
the United States would be nearly i'm
possible. There are many good mines
that one never reads about. Mining
men usually keep quiet as to their
earnings. A modern sage has said that
people talk about things they are most
uncertain of. The majority of people
who spend their time telling what they
are making, are in need of a loan. UP
in the Lake Superior region a few
j years ago copper was struck just as It
was near Butte. People who owned
interests In those mines were made
rich in a night. Now let me tell you
right here that no industry can make
its stockholders rich in a night nor in
a year. A factory has to make things
then 1T has to sell them. A gold or
silver mine does not manufacture any
thing. The miners dig and they may
come onto rich streak of ore any
day that will make the stakeholder in :
finitely richer than any manufacturing
proposition on earth. Money earns
money. 1t ought not to be so much a
question of ones personal efforts in
making money as 1t is of contributing
toward the general utility of things.
Va CA"iiiPiO, tdhS 90 SpcHo IL iOi q
few cigars and likewise little gaso :
line. That money is invested in per-
sonal pleasure. 1t paid a small profit
to the retailer. another to the jobber
and little to the manufacturer, that
amount went for the benefit of trade
) it helped others to live, but its utility
ended the same as It does when you
invest IT in suburban street pave
! ment Suppose you had put that s.
with few more into a good mining
enterprise? What then? That money
would have been turned into machin