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Show IDEAL CHANGE IS- GDIW9T0 WASTE JLJtah Mining NeeHs One Man With Nerve an3 Capital for Investment. RESULT WILL BE SURE H 013 Industries of the State Neetl Prosperity in the Mining Camps. h To a person with tho welfare of the Hj Utah mining Industry at heart, who ap- H predates the magnificent opportunities -within tho state to ho had for little more than tho asking, the neglect of this itn- H portant line of endeavor on tho part of those amply able financially to lend a Hl hand is something that, cannot be fathomed. Tho established mines of Utah are doing fine work and lliey are piling up Hl unprecedented profits for stockholders, but there is little new development being H done In proportion to tho needs, and when tho established producers begin to wane as they must do in time thcro will not Hj bo enough new producers to take their State's Principal Need. A Salt Lake business man, whose af-fairs af-fairs call upon him visiting all the main mining camps of the state at least once a month, called attention to tho sltua-tlon sltua-tlon on Friday in the following terms: There have been some enormous mines opened up in Utah, and some enormous fortunes have been accumu-la accumu-la ted from tho mining game, yet there are opportunities open today that have never been equaled In the hls-j hls-j lory of the state. A man with good I judgment, the necessary capital and nerve can acquire mining Interests to-day to-day for a verv small part of what they are worth intrinsically, to not even consider their speculative value, and within five years ho would bo tho richest and most influential man in the whole stale. I consider this the Hj ono chance In a life time to make history, but so far Utah lacks the right man. Unless some such man comes to tho front pretty soon, Utah will allow her most important industry to dwindle down to the raw quick, and Utah will find herself very much in the same position as did Colorado, and all you need do is to ask any recent visitor to Denver to ascertain what the deterioration of mining within a state means to that state's principal Course of Nature. If tho men of means In Utah, and the bankers of course arc included, intend to neglect this matter lndef-Inltely, lndef-Inltely, if they intend to let nature take its course, the only hope I can see is a slow improvement through the leasing system. A few success-ful success-ful leases operated here and there on properties which the owners refuse to j do anything with will call attention to such localities, and new work may thereby be Inspired on the part of owning companies or individual own-eis. own-eis. But this will tako time, and i meanwhile there is not an industry' in the entire state but which will suffer. |