Show MINE MAKING AND production at the present time quite a number of mining companies have discontinued heavy production because of depression in the metal market and the fear of there being an oversupply over supply owing to existing conditions and yet there is not a mine manager who is not firm in the belief that the flurry will be of short duration and that normal conditions will soon be restored in the meantime with forces reduced improvement and re repairs pairs are under way machinery is being installed and a certain amount of dead work and development is being done so that when a resumption is made everything will be in readiness for a successful campaign of operation when the word is given to start up with a full force again no one believes that the present state of affairs will have any permanent or injurious effect upon the mining industry and for the reason that it is the backbone of the financial and industrial world the industry may meet with a temporary setback but this cann cannot ot be of long duration and within a reasonable time the machinery of mining operations will be moving along as smoothly as if the trusts and corporations had not made an effort to precipitate a worldwide world wide panic because of a desire to discredit the administration under existing circumstances it is good judgment and good policy to curtail ore production but this action is no reflection upon the merit and worth of producing properties or upon their ability to make good as ab soon as natural conditions replace the present abnormal flurry existing in the ranks of frenzied finance manipulators neither should it have any effect upon those who are engaged in prospect development those who have properties which have not reached the producing and shipping stage all such enterprises should not feel in the least any injurious effects from the present flurry in stocks or the depression in the metal market having nothing to sell such companies or individuals are untouched by the wave of temporary embarrassment that has been sweeping t over the country on the contrary certain features of the flurry are favorable for those engaged in prospect de it is easier now to get competent labor than it was two months ago there is less danger of a fuel famine and a more speedy delivery of freight may be expected As a matter of fact now is the time to push development work now is the time to get in fuel machinery and supplies and now is the time to get ready for heavy production in the future when the demand for the metals will be steady and constant and at figures insuring handsome profits this is the seed time for the owners of undeveloped mining properties the harvest will come later on and by the time the prospect owners are ready for the market the market will be ready for them |