White Pine news. [volume] (East Ely, Nev.) 1920-1923, 1923-03-25
MINING BASIS OF ALL
WEALTH SAYS RHODES

Illuminating facts regarding the
of mining investments were
given during his lifetime by the late
Cecil Rhodes. He argued that it vas
the foundation of all new wealth
produced in the world and as an
investment is safer than many 9th
ers that are generally supposed to be
the most conservative lines of indus
try in existence. Here is what he
said.
Mining has been the foundation
of the worlds wealth from the be-
ginning of time. The governments
rich in minerals have always been
the richest and strongest govern
ments on earth. The mineral Sec
tions Of any country have always
ruled that country. Remember
that the man who produces gold,
silver and copper Is creating the
raw material of money; every
strike of his pick, every echo of his
ulAii, ddoO ~ A q VI WIZ
mans business in the world. The
miner of gold and silver is not a
business pirate, never creates
strikes or tramples on the rights
or privileges of a competitor. Min
ing is the only business on this
earth that increases the wealth of
the world without robbing or in
fringing on the rights of others.
The miner is a mar who finds
wealth; he breathes wealth, If you
please, without juggling it out of
someone else's pockets into his
own. Mining has always been the
quick road to fortune, and of late
it has become the sure and most
certain road to great wealth. A
country of great mines always be-
a country of great wealth,
influence and power, and what you
say for the nations you can say for
the men.
have made a great study of this
question and have statistics not
only of Great Britain and Africa
but of the world, carefully COM
piled. relative to this proposition,
so that / might not be in error.
This investigation shows that min
ing has always offered greater in
ducements than any business in the
world to make quick and great
wealth and that every private
fakir and adventurer has sought
that field, like the ~counterseiser
seeks to initiate the best coin.
In the business of the world
mining is the best OF all coin, and
mining as conducted today readily
eliminates the fakir or ~adventurer
and Is as safe a business as the old
time real estate business in a Il
try neighborhood.
This investigation further shows
that farming is more risky than
mining; that 80 per cen more peo-
pie lose money and fail in farming
than do in mining; that % per
cen more people lose money and
fail In mercantile business than in
mining; that Al per cent more PEG
ple lose money and fail in the man.
ufaeturing business than in min.
ing; that IT per cent more people
lose money and fail in banking
than in mining, and hat more mel
lose money and fail proportionaiely
in any OF the professions than in
mining
Mining Is the backbone of all
wealth and the spinal column OF all
certainty. I can see a and u
half of men and women in this hall
tonight who a few years ago in.
vested in a mining company at my
suggestion, and some of them only
invested a few pounds, because
they had only a few pounds to in
vest. These people have cleared
anywhere from 5000 to 5000
pounds sterling.
or course you can lose your
money in mining IL you put your
money in a mine that Is worthless,
that has no mineral in it, and in
the same way you car lose IL you
invest in a store which contains no
merchandise, or in a bank which
contains no monev. Investigate
your mining company as you would
any other business. This is easily
done. and you will then make no
mistake. Good business men who
- - -. - -tNIA.A IL.
voicing the goods at least twice
will buy mining stock without even
knowing the country the mino is in.
or what kind of q mine It is, and
then wonder why they lose money.
Chester II. Lawrence, a financial
writer OF some note. has an array OF
facts on the same line. In the Ma
tional Banker he added these state.
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