Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1930-12-25
EMPIRE BUILDERS HAVE
FOUND MINES BEST
! FOUNDATION

Cecil Rhodes was called the empire
builder. To him belongs the credit for
opening up the southern half of the
great African continent His dream
almost fulfIlIed-was the British flag
flying from the Cape of Good Hope to
Carlo To him, more than to any other
individual, belongs the credit for OPEN
ing up the great diamond mines at
Kimberley and the. gold mines of the
Rand, which have produced hundreds
Of millions Of dollars. Il was he who
started the exodus Of American mining
engineers to South Africa and it was
largely due to their superior skill and
training that Great Britain achieved the
distinction Of producing IA per cent of
the worlds output of gold, says the
Denver Mining Record
The great geographical area known
as Rhodesia as big as several OF our
states, was named INTER- Cecil Rhodes,
He was statesman and empire builder,
but withal, his chief financial inter-
ests were in the mines The tremen-
dous fortune which he accumulated
during his lifetime was largely the re
suit of investments In mining stocks.
1t is, therefore, Interesting to learn the
views of one of the worlds famous men
on the safety Of making investments in
mining stocks, subject with which he
was thoroly familiar
A few years ago there was published
in this country extracts from speech
made by Mr. Rhodes prior to his de-
parture to Africa for the last time. He
said in part;
mining has been the foundation of
the worlds wealth from the beginning
of time. The governments rich In min
eral have always been the richest and
strongest governments on the earth.
Remember that the man who produces
gold, silver lead and copper IS Great
ing the raw material of wealth; every
stroke of his pick, every echo from his
drill, adds to the wealth OF every mans
business in the world The miner Of
gold, silver, lead and copper is not a
business pirate, and he is the only
business who is not. Mining Is almost
the only business on this earth that in
creases the wealth of the world with
out robbing or infringing on the rights
of others. The miner is man who finds
wealth; he creates wealth, If you
please. Mining has always been the
quick road to fortune. "A country OF
great mines always becomes country
Of great wealth, influence and power,
and what you can say tor nations you
can say for men,"
81 have made a thoro study of this
question, and have had statistics, not
only of Great Britain and Africa, but
Of the world, carefully compiled rela-
tive to this proposition, so that might
not be in error. This investigation
shows that mining has always offered
greater inducements than any business
| in the world to make quick and great
wealth.
"This investigation shows that farm
ing Is more risky than mining, that 81
per cent more people lose money anc
| fail in farming than do In mining; thai
| 20 per cent more people lose money
and fail in mercantile business than dc
in mining; that Al per cent more peo-
ole lose money and fail in manufac-
turing business than in mining; that i
per cent more people lose money ant
fail proportionately in any OF the pro-
| LESSONS than In mining.
thinning is the backbone Of all wealth
and the spinal column of all certainty
I can see score and half Of mei
and women In this hall tonight who