Show I IV V ANTS MEN MENTo r TO FIGHT WILDCATS tl t t I Salt Lake Operator Operator Suggests I Test for Legitimate Prospect I I NO CASH FOR FOR PRO PROMOTER MOTER Money Put iato Prospect i ii j Should Be Used Only S for foi Development I C The Tue Lo Los Angeles chamber of or commerce com corn merce In Its l deliberations has N given n serious sr to a n. letter written h by John of or this city S who I Is president of the tho lInN Minos company advocating ad a n movement ment to mining anti and specially th tho pro ro moling of or mining companies upon UltOn i a 11 1 legitimate tc haals Iu In lu other words that steps be hl t taken lon to compel tho the conducting conduct lug InK of or tho the hu business on lines linos which thich will rUi command the Ute respect rather than the tho suspicIon and aurl sometimes l th the tho contempt con con- tempt t of or Investors In AVe t all know said Mr Ir that the tile n a rl rage t l' l wild catter with nb absolutely nothing to curb his Imn imagInation Imag imag- Imagination he tho hi investor In- In can gIro prospective vestor n a story that makes malas tho the best kindor kind Rind of or a a legitimate mining mining- proposition look hook lute HUo t 11 cents Promoters who do tie nn an honest business Jl are aro continually running running run run- ning across men who have hart b been Jeen en bitten hitten lUll tind aro are wary vary It II l Is really the only thing In the thc w way of or financing any auty meritorious mer mr proposition There I Is ono one test that may n ah always 9 h bo in applied with reasonable assurance of or inti the wild ibl Ihl cat Aio tto tho the promoters pro pro- motors willing to tako talo stock entirely for or their Interest t In Iii the he property lY If It I I 1 they Y have 1 a J. J good thing liming they should r 10 n willing willingto to tb do this hula Ordinarily there should he no nn oCl liOn mt-liOn o ex expenses cn cash comI commissions com corn mIR missions officers officers' salaries to h be paid from the time funds runds raised to lo develop l' pros pros- rl Approximately all of or t lime tho h. h money paid In should he bo applied to development love develop ment mont work tork The rime man who Invests r money In a a. mining enterprise e i is usually willing to take tako c ak-c a tI chance hance hut ho hl wants vents assurance that thin the game gamo am Is ls on the square TP that lo II Is gotIng g a run for lila his mon money If time the men mOil who are aro working to make minos rather H I th titan than n lr trying Irving to work worl the theIn In o In lor will bo lie to do rio business SR upon ullon a basis which h will ill afford such sucha a there thoro will ie 1 fewer r I failures to tem In and It will I ho he easy In to got get tt capital capito I i mr Ir or ih h. h right kind of if Inc invest invest- t- t |