PROTECTING THE INVESTORS.

Thames Star, Volume XXXXI, Issue 10500, 16 December 1903, Page 2

PROTECTING THE INVESTORS.

A Government Inspector to protect mining investors is a good idea merely aia an idea ; but it would! not work to any craa's s'atislacjtian. There is nothing about ai Government Inspector tihat miakes him siuperior to any one else, andi his judgment asi to what ■ was or was not a good investmienit or a deserving field for mining develoipiiiecQit would to no better than that of another. No man'® judlgment on swch matter® is infallibleNothing bu* actual developmeiiit■wiork icjani *th'te) vaJlulef oi" kick of value in a mine or prospecd:. It is a notorious fact that the Cripple Creek ic-oaiintry, in Colorado, was 'turned down' as 'being no goods by miining emgineera; so also wasi Ton'oipa.hi, Nevada. A& to 'protectin' the would'rbe nuiniing invesibor, if the Government even* starts in that kind < i business it will hay© a. .bi.g 1 contrar.t on its hands. There are a. lit«adr<-d wjiy® for the unwise investor to droo his. money besides unworthy .mining invesfcnienitisl, andi, as- a odd fact, if is extremely probable that, there j's jlessl laak' of legitimate investment prapoiptaonartely in mining m.a.tteis than in any form of placing money in hopes of .prolt- Of course, there never can be any la,w, State or Federal, .against any one mating a fool of himself, and 1 many are constantly abusing .such privilege.— iMinimg; and Scientific Press, San, Frainoisoo.