Show WHEN THE HARVEST RIPENS when the farmer sows bows his grain in the fall or in the spring he is content to wait until harvest time for his reward the stockman expects to wait at least three or four years for the calf to grow and develop for the market both respect the seasons and would count as folly any undue eagerness to cut the grain before it ripens or to rush into the beef market with a yearling steer and yet this class when making an investment in mining stocks in becoming interested in the development of a prospect anticipate dividends upon their investment almost before the stock certificates are bissu issued e d or before the prospect is equipped with a windlass or whim refusing to give the enterprise the same time in which to mature that they would naturally allow a growing crop or a sucking calf this is one of the reasons why the eastern investor so often becomes discouraged in matters pertaining to mining investments and enterprises he is too anxious for quick returns he expects dividends before the property in which he is interested is transformed from a prospect into a producing and paying mine he is not content to wait while development is being pushed failing to realize that even the most promising property with a goodly showing of pay ore in sight eight in the surface workings must be opened up extensively ten and systematically before it can rank as a regular and steady producer becoming discouraged because he has waited a term of six months or a year for results he often parts with his interests and often at a loss after which he is dead set against mining in all its branches and is willing to con damn any man as a fake who is interested in any way in the promotion of mining enterprises the trouble with him is that he was not willing to wait until the harvest ripened he was too anxious to reap results before the state of fruition had arrived and the term applies as well to mining enterprises and cons con editions attending the mining industry as it does to the raising of wheat and corn or of live stock it is all reason to expect to make a fortune in a day by an investment of a few dollars in mining stocks or in mining properties and yet there are thousands who have become inde independently pe rich who have made fortunes through their investment in mining enterprises but they have been content to wait to stay with their investment until original conditions have so changed that exploration had worked a transformation in the prospect and until development had created a producer and dividend payer out of what had formerly been a meritorious prospect but which without development the expenditure of time money and labor in its exploitation would practically be nothing but so much acreage so much barren ground hundreds of cases can be cited of money made in investments in mining property in mining shares in mining stocks we might cite a few cases to prove the assertion made for instance invested in grand central in 1897 would now brino bring k the investor and during the period mentioned the company has paid in dividends invested in silver king in 1893 would now yield nearly and the company has paid over four million in dividends and invested in swansea in 1895 would now stand the purchaser and the organization since that date has disbursed over in dividend payments in the way of investment in mining properties fortunes have also been made but the investor has been willing to wait until his interests have had time to enhance in value before making an effort to take down his profits this is in accordance with principles which should govern any other line of legitimate business for it is now a well recognized fact that mining is legitimate as well as profitable and that the industry is now reduced to a a science and hedged about by every safeguard |