Show tin THE special from boston last week an 1 bouncing noun cing the fact that ilon hon samuel newhouse of this city had taken out a paid up insurance policy for which he paid in premiums caused quite a flutter in business and mining circles in salt lake as it is stated that this is the largest check ever given in a life insurance transaction for a paid up policy and annuity by the terms of which mr air newhouse receives in cash yearly while at his death the insurance in company vill pay the handsome sum of to his heirs many money kings have paid big premiums on paid up policies and the transactions have caused but little comment the chief feature of this event bei being n g that mr newhouse is classed among the bi big 9 mining operators in the west his ability t to 0 pay such a heavy premium being due to his is successes in mining ventures in this intermountain region in fact the taking out of this policy by mr newhouse is a splendid advertisement verti of the wonderful opportunities offered in mining in this western country and is a demonstration of the oft repeated assertion that the business of mining imming is just as legitimate and far more remunerative than any other pursuit that an intelligent and painstaking pains taking man could follow mining ls is to the west what manufacturing 1 is to the east with the odds in favor of mining as proportionately the west can boast of more money kings icings than can the east and they are all miners and dealers in mining properties |