The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1921-01-04

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Recent action of Le.dville (Celo.)
business men in financing syndicate
to reopen some of the old mines OF
that district is being commented on
by local mining operators as one of
the few constructive moves made by
Western business men to aid the in
dustry which is the backbone OF COM
meree in the intermountain states.
remarks the Deseret News. For some
years, according to a number of local
mining operators, there has been a
tendency on the part of banking in
terests of the West TO withhold finan-
cial support from legitimate mining
ventures that are getting started.
Legislators. these operators say. have
looked upon mines as good prey for
tax plumber Whether these are the
causes. the fact remains that Western
mining is in dire need OF some really
constructive support.
One operator said recently: Bust
Ness Ilcu WIN piOiil iioih thc ihduS-
try without aiding it should give some
study to the question. Study of facts
relative to the industry furnishes
some startling information. A recent
survey of the nations freight re-
sources, according to a government
report. showed that 81 per cent of all
freight handled in the United States
IL raw products from mines.
"A few years ago a bankers con-
vention was startled by statistics that
proved smaller percentage of fail
ures was recorded in real mining en-
terprises than in any other business
and that returns are far greater than
profits stockholders derive from rail-
roads, banks, or other similar stocks.
These conditions are being changed
by high freight rates. high taxes and
other unjust charges on the industry
Cecil Rhodes. one of England's EN-
pire builders, was a mine developer
In his day lawmakers apparently
started to legislate unwisely agains'
the mining industry. He delivered the
loAion lie SDttAh 40 "a WIN Vi Wal ~
ing:
Mining has been the foundation Of
the worlds greatest wealth from the
beginning of time. The governmen
that is rich in minerals has Away
been the greatest and strongest gov
eminent on the earth. The miner
sections OF any country always hag
ruled that country. Remember IL
the man who produces gold. silver.
copper. Is crenting the raw mater
of money. livery strike of his pie
every echo of his drill. adds 10 To
wealth OF every mans business IL
the world.
The miner of gold and silver Is
not 4 business pirate, and he is g..
only business man who is not. il
never cuts prices. never creates
strike. or tramples on the rights
privileges OF an honest competitor
Mining is the only business on thi
earth that increases the wealth of q
world without robbing or infringin
on the rights of others. The miner is
u man WHO MUS WtdliH, III you pltdSt
without juggling 1t out of someone
else's pockets into his own.
Mining always has been the quick
road to fortune. and of late 1t has be =
come the sure and almost certain
road to wealth. A country OF great
mines always is a country of great
wealth. influence and power; and
what we are saying for nations can
be said of men,"
Cecil Rhodes made it possible for
England to produce rs per cent of all
the gold produced in the world at the
present time. He had no use for reg
ulation or red tape. and at one time
told the English government to stop
meddling with mining.
you cannot mine by talk and by
passing damn-fool laws" he said. And
the government very wisely left him
alone. He knew some one had to
take a chance or there would be no
more new mines.