Show STOCK EXCHANGE BANQUET the first annual complimentary banquet of the salt lake stock and mining exchange given at the salt lake commercial club on the evening of the fourteenth was a most successful one the dinner was especially ally enjoyable with several entertainment features introduced between the speeches the banquet was given by the members of the exchange and attended by the prominent mining men of the state harry S joseph F C dern and W H child the committee in charge deserve great credit for the conception of this boosting dinner for all the speeches were imbued with the spirit of optimism for the future of mining in this state george F wasson acted as toastmaster and introduced president evans of the exchange some of the more pertinent remarks by the many speakers were as follows president evans the exchange is a natural and beneficial growth natural because it sat satisfies s fies a human need beneficial because it satisfies that need in the quickest simplest and nd most economical way it is the best device vice known to the world for protecting the I 1 sellers ars from under valuations and the buyers from froin overcharges over charges the exchange buys nothing and sells nothing it makes no prices it registers what you ask and what you will give it more it forecasts changes in the in does doe s 1 du weather it beckons the voyager t to sunlit seas and warns him to trim his sails and keep close to the shore qt it records for your benefit the opinions of other men on the value of your posses afons ion S not of two or three men who may be agnora ignorant nt or biased but of hundreds and thousands of men it answers for you at trifling cost oil oi at no cost at all the question that you would be unable to answer for yourself what am I 1 worth W C stark assistant secretary of the commercial club right here permit me to say since it is my province tonight to roast that it is the habit of mining men and all others for that matter when they come upon quiet times to sigh for the good old days if you stop to think I 1 am sure you will agree that after all the good old days were made and did not mer merely ely occur the same opportunity that existed in the good old days exists now the element lacking to bring a recurrence of them being the spirit of enthusiasm and optimism which has made the people of the united states the tha most progressive and successful in the history of the world S A derrah of the D R G in a very humorous letter struck this keynote salt lake city because of its geographical location because of its wealth of precious minerals lying at its very doors because of its prestige in the mining smelting smelling sm elting and industrial world should be the mineralogical hub of the universe I 1 and alid it is up to you wideawake energetic lice live wires of the mining exchange to transform this dream into a f fact act in common with all other lines of busi less you have just gone through several years of financial depression but we are emerging from under the cloud and unless all signs fall fail we are standing in the dawn of a bright and prosperous tomorrow your hard luck stories will soon be a thing of the past out of harmony with the 1 new times and if you think of them at all it will be to wonder if they ever were really true judge C C goodwin suggested the orin gill of the mining for precious metal in the fhe first rough cave man who picked up some yellow nuggets in a stream fash boned ned some ornaments for the cave girls and created the first demand for gold the gold brought the cave man great riches and hb was made chief the first man ever elected electea to office because he was rich this is was the beginning of the evolution of the e mining industry closely associated with all progress was the progress of the mining industry our ancestors from 1620 to 1849 were woefully poor the beginning of our material progress dated from the discovery of gold in california the attention of the world was called to the pageant of the battleship fleet under admiral evans E vans sailing into san francisco bay a tew few years ago but its importance was not to be compared with the sailing out of the bay of the little paddle wheeled steamer balboa sixty five years ago bearing the first cargo of california gold colonel M M kaighn receiver of the united states land office declared that the policy pursued by the united states interior department toward the mining men of the west for several years past had been all wrong and he congratulated the present administration on its policy the policy of the government in requiring prospectors to prove that their property was a paying mine before granting them a patent to the property was as just as it would be to require a homesteader to prove that his land was capable of producing crops profitably before permitting him to settle on the land such a policy he said was the result of ignorance and antagonism toward the mining industry dorsey A lyon acting chief metallurgist for the united states bureau of mines outlined the purposes of the bureau of mines and what it sought to accomplish but could not fully as yet owing to the lack of funds |