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Show UU ' CAPITAt IS ON THE TRAlt OF MINES "You hear a great deal about hard times In the mining Industry, and that capital Is reluctant to finance mining min-ing propositions, but 1 have reason to maintain that there never was a more opportune or favorable hour In historv for securing development money for gold mining than right now." said W G Pago, n well known mining en-glneer en-glneer with present headquarters In Lob An,reles, but formerly of Salt Lake City. "I do not mear.' he continued, "that you can finance anvthing and overvthlng along the samo lines adopted adopt-ed go successfully during the rc"ut boom davs ct Nevada, hut nnvone with a reasonably good gold nrospect can get monoy to develop It and nnvone nnv-one owning a dovelopod mino can got whit Is deemed a good price for tho same California is being gone over with a fine toothed comb for gold properties, money from the east and west seeking with might nnd main for something worth mining. "I will make tho stnt&ment that a man with the proper showings can raise $10,000,000 easily today In San Francisco for gold nropeftlcse Since tho troubles in Mexico cnpltal Is move reluctant to enter that republic and attontlon is being paid moro closely to tho opportunities noarer home. "There Is a new section being opened by the new Grand Trunk railroad rail-road swstem of the northwest that Is attracting miners and capital from all over the Unltod States Old Couer I'AIene miners and operators are flocking flock-ing to the Hazellon section which Is giving promise of becoming n splendid silver and lond region I heard Just a dav ar;o of ono find eight feet in with which areraees 50 per cent lead and 150 ounces silver. "Mining may seem dull and quiet when compared with the boom times prior to 1907, but the industrv never has stood so high as It does today and capital is more willing than ever to enter lcgiltmato propositions. I believe be-lieve that a generous share of the much discussed accumulated cheap monev In the-et eventually will find Its way westward for opening new mines and m'nlng regions ' ' It Is apropos in connection with Mr Pace's views to mention again that George Wlngfleld's onginoers during dur-ing tbe past few months have exam-lnod exam-lnod 200 prospects In Nevada indicating indi-cating his willingness to finance good propositions But the fact that ho has taken none out of the 200 is Indicative that anything and everything every-thing will not do |