Show FIGHT THE WILDCAT several of the mining camps of arizona have organized associations of business and mining men to combat and discourage the wildcatter wild catter arizona has furnished a large percentage of the sensational discoveries of the past year and as wildcatting is more prevalent in any section during prosperous times than in slack periods the formation tor matio 1 of these bureaus is especially commend able the mining inan man with a proposition of merit has enough difficulty in interesting capital in its development without en coull bering the record of one 0 or more notorious wildcats in the same section nothing can discourage legitimate mining more quickly and effectively nor make capital more wary of the industry than a fako fake promotion so go it is a matter of self protection and a necessity for the preservation of mining on oil its present high plane that all such be throttled before they even gai gain ra a foothold the plan generally adopted in arizona is similar to a ce censorship n over news sent out of a district and over reported developments of both old and new properties this includes the investigation of claims contained in prospectuses prospect uses a record of the financial statements made to the corporations commission the examination of reported ore strikes and anything else within reason which may be inquired about by outside investigators the legitimate company which is developing its ground by the sale of stock does not hesitate to supply the information nor to allow an examination of its workings just as soon as the investing public learns that the various interests of a district are pledged to supply trustworthy information and that the intelligence sent out can be relied upon interest and faith in that district increase anti and money is soon forthcoming for its development it will be a good plan for the new camps of other states to try the arizona method |