Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1920-05-21

auto drive up to camp, ask for a
job, get it, park the auto, take the
tools out of the delivery body on be-
hind, and pitch In And your can inn
agine the other changes that accom-
pany that one OF course, that's es-
pecially typical of Arizona, but we get
it in Montana, too. I'm not saying that
the color has gone out entirely, be-
cause it hasn't, but in the old days the
West was the West, and now it's NOV
/ ing East as fast as it conveniently can,
SO that if you want to get the pure
spirit of it, as it is today, you'll have
to go downs to Wall street. That's
where it lives"
Mining miningw unused Mr.. Gull
! len. Sounds adventurous just to say
it." He gazed at the fountain.
"And no industry is less understood
even by intelligent men, Mr.. Cullen.
AS matter Of fact, the public doesn't
even understand most of the common
est terms. The buying public doesn't
even know what it is buying. That's
why it's so easy to sell worthless
stock"
"Oh, Mr.. Hilliard Y
For instance he said. ST spoke of
certain number of tons in sight, and
that's one of the very commonest ex-
pressions in a fake prospectus. / sup
pose you know you couldn't see It,
don't your"
"Why, Ao!' said Mr.. Cullen, blank
ly. "Couldn't II"
you might actually see a few thou
sand dollars WORTH
'Why," said Angela, supposedly. Il
thought it stuck right out on the Waiis
In gobs And you knocked it off with
a pickax! And shoveled it up!"
Not, exactly that" said Hillinrd
kindly. Sometimes you go at an ore
body with steam shovels, and other
times you don't But when you remem-
her that three or four pounds of cop
per to every hundred pounds Of rock
means very handsome profit. if your
costs aren't excessive, you have some
idea of how little you could knock off
wall. No-yoa tearsdown the whole
mass. You go at it wholesale"
"What I meant by romance" said
Mr.. Cullen, wasn't necessarily luck.
And besides, this yarn you've just told
us doesn't illustrate what call a
business proposition. What I'm try
ing to get at is that you've got an oc-
cupation that isn't cut-and-dried one
like the average. There's breadth to
it-vision. There's drama. There's
the outdoor side to it. There's"
Don't forget" Hilliard warned him,
"that purposely gave you that illus
tration, and think you've missed the
moral. 1t was business proposition.
My friends bought the mine for the
values they knew were there. They'd
have made money If they'd gone ahead
unwatering and timbering and develop
1 ing the old shaft-so that it wasn't
all bull luck, not by any means. ~And
claim that the romance and the
! drama and the excitement is in the
combination Of business sense with
that wonderful possibility of accident.
You don't go in at random; you use
your best judgment, and expect about
ten per cent on your money-and It's
the chance Of getting thousand per
cent that keeps the game alive. Some
men don't even get the ten
mighty few ever get the thousand
I'm satisfied, and more than satisfied,
that the gods have been good to me,
and put me somewhere in between"
81 suppose for the people on tie In
side," said Mr.. Cullen, "a mining prop
osition is just as safe and businesslike
as anything else. The trouble comes
in knowing when mines mine, and
when it's a swindle, and guess you
have to be a metallurgieal shark to
know that anyway But the way things
have been going for the last year or
two, with all this speculation in the
metals, and all the fortunes that have
been made, sort of set me to thinking
that with good advice, you"
Il beg your pardon" said Hilliard
quickly. There's been mighty little
speculation in metals, Mr.. Cullen; but
there's been a tremendous amount of