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Show GOiBFSELD MINE NOT EXHAUSTED George Wingfield, president of tne Goldfield Consolidated company, has issued a statement to correct some reports that ha meen going tho rounds in recent weeks, reports inspired, in-spired, without doubt, by the fact that the company is meeting with reduced earnings despite record tonnages handled in the big mill, and dividend reductions as a consequence. Mr. Wingfleld's statoment Is addressed to tho editor of the Goldfield Tribune, and here follows in full: It has been called to my attention atten-tion that rumors are being sent out of Goldfield to the effect that there is only a few months' ore remaining in the Goldfield Consolidated Con-solidated and that the funds of the Atlanta Mining company are not being used for the beno'fit of the shareholders. All of these reports aro In their entiretj' falsehoods of the worst typo and are being instigated by rnarket-rlggors rnarket-rlggors and political hypocrites. Both of theso properties aro being handled for the benefit of tho shareholders and the man agement wiu noi, unaer any circumstances, cir-cumstances, sacrifice any of the company Interosts for thoBG of an aggregation of disgruntled politicians, politi-cians, market fakirs and so-called boosters. Theso sort of stories aro always al-ways started around election time and they could not stand allowing anything to pass without tryingto stir up something whereby they could make tho Interests I represent repre-sent and myself unpopular. I am today, and all tho time, trying my beat to keep Goldfield going and am furnishing most of tho funds with which to do it. All that I ask is the support of the people there and for them to listen to mc and consult with me concerning concern-ing matters of mutual Interest Instead In-stead of listening to a lot of disgruntled dis-gruntled demagogues who fill them up with untruths. I also understand that the John S. Cook & Co. bank is getting its share of the blame for the decline of the market. The bank is tho custodian of the people's money. Its first aim is to protect tho depositors; its second aim is to loan money on the proper security and margin, and when that margin mar-gin Is too low for the bank's safe-tj safe-tj then to call the loans regardless regard-less of the question as to who Is the borrower or how much they ma complain. The institution Is not being run as a concern that will allow any borrower to get what he pleases and do ns ho pleases, but on the other hand is ready and .willing to accommodate accom-modate Its' customers as long as they will do business in a busi-nesaliko busi-nesaliko manner, furnishing the proper security for amounts loaned, but when they will not do Jhis we can do nothing for them. Out of the five banks Goldfield has had three of them have failed bv letting the market-riggers market-riggers use them to their personal person-al advantage and 1 do not propose pro-pose for an instant to let them use me for such purposes. If they expect to be carried on their loans without proper security, then they wil be disappointed. |