Show MINING HIKING AS all AK investment IT PAYS bertea BEIT Efi IN ENG LAND THAN HERE SOME or OF THE FAULTS OF OUR SYSTEM under the above heading wo we find and in the american mining journal of the the follow following fog article on mining which gives some ot of uie the true reasons why many of our mining corn com paules are not dot no person fa familiar millir with mining operations in the united states can derly deny the statements statement laade 1 we have always held that properly managed legitimate mining in thi tah country is quite as sale as any other bitne and mera inore now there are far ar richer mint mines s in ili abr united st ts than E evelind angl ind ever coul I 1 boast of lloy how is it men tan n that in taking kin the average of our mining share list the be that of must per ct per his Os in instead stead of gain while in england it 14 i a per c ot of gain three times imas as langs largs as that of cf any ether thriving buss busi beaw between il the jbf deiv ants I 1 tha pj ice i of tabor labor and mater As although a i large item hat ha comp comparatively trat ively little 0 do irith so great a discrepancy the secret probably lies in the speculative charac character fer of arn american investments in mins in england dropla buy to hold in this thin country people buy to sell nt at all advance ad yanca in tho former cde purchasers are arc willing illing to bide their time tor for divi deeds in the latier after purchasers haers are in too much ot of a hurry to wit lor for alvi druria and very olten often buy without caring tho lin ate aie buying a mine or a brickyard brich brick jard lard so long as they can sell at a profit lorg forg eting tbt they who niale mae haste to be rich full bill into 1110 it snare tu thiis s sort eort of proe proc eding of course must tn ap p in n cmunt si of minin and bence 11 tims tim s are dull BO 60 far as mining it i concerned other causes 1 a 1 1 I for tins dullness of iines hitro have arjeh froni from ma bad system lera miny many M iny comp enles have bave licen born formed apparently parent ly lor for no other man ihan to pro vidi sinecures tine sine cures lor for their founders tit they mab mabe e th part crimi tits itts ia in the iho si vindle in n many other cass where the anines arn apfl actu actuary illy good ond and are arc either being 0 dpn I 1 or regularly ir wor worked led even tb then n heir management is orlen so loose as to in increase creage tx pen pena cs and thus decrease the dividends or the aa then lb the man ner of miny mining company coffle oal cers are sufficient to di Ii gUjt guat a stock bolder md and muke him film in mining ining go to so borno sorno ine offices office ii to learn tho the latest intelligence from the mine and ten to one ou aull find Ud k ul gloved humburgs humbugs lounging about as if half dead with ith ea e nut ogling egling the gills aids frum from the window sl g reading sonic omo novel or perch nice ince of sophia Tilter hoop and hat would b ba tin the mot most thing to air wear nt at the tha nex axt t hf tho the ol 01 elect lect of nf your our lidit and tho the Secre secretary tiry wi il either ga drahl I 1 out between wo lazy of smoke ha ii a ave nt ceara a anny y thing la a a ater a bert ter or exclaim with curt curi Burl mebs nothing now new too mandof the 0 of cicora forg ethey are servants not anas ter er and orton often h hold ald 0 1 back 1 gund good alzi n acht byor ot bid for their 0 own n private ends even though the mine be good can stockholders h ire re any confidence in such buch people and without confidence in ili mi mining DID g ii a farce it a client these are so ginne ine 0 of f the reasons why tile tho willing community conr coin of idall dull muncs and iv why by wo we v with ith our rich minea cities cannot bilake m aku ant anything bing liko like f a n shuning shu shaving ving us its tho the british mith lb their poorer onee they make the mine is a wine mine see ond that it is 3 in till nil human probability 7 mor third that the ina nagu anent shill bt be placed in hoffst and capa ih bunds lunds the only anks the and ill it bo be worth to morro iv |