COVERS THOROUGHLY THE GOLD PIELDS of the INLAND EMPIRE EASTERN INVESTORS IN OREGON MINES Pay for AND READ IT I SOME HARD-LUCK MINING STORIES "U'hii hard, cold, cruel worlil," iiiurriiiit'ucl a tlpHy prospector whom thu barkoop at (hi) Now Olympia saloon tint rofiiHod a froi) ill ink UiIh morning. "Hpiul hid none of your hard-luck stories," retorted (tin barkoop, no iniifiti)(l with thi) (act that, u tour Htartiug tain wiih forthcoming. 'I'ho prospector wiped tho Hall, tours from IiIh eyes and ambled out to toHt tho sympathies of other bar koopH. "Speaking of hard look Htnrlrs " began Colonel 10. N. Topping, who happened to ha at tho oiKar lighter "tha hoHitory of mining in tho wont, is full of thoiii. Tfioro Ih, of onurso, a brighter Hido. i do not. need to rolali) to you tho namim of tho iiioii who liavo uiado millioiiH upon iiiilliouH in woHtorn iiiIiioh. Hut wilOII till) HUH HiltllOH brightest tho Hhudowri art) dixipoHt. 1 iuivo it theory that look Ih governed hy tho law of equilibrium. Whou Jim .Ioiioh strikes it. rich, Tom lirown Iohoh his grubstake. Whou Poto CuhIi opens an out body forty foot, wldo, assaying tlvo hundred to tho ton, Monk JOokor itoholilH hia void pinching out to tho thickness of a pick haiidlo. U'h a groat gamo-thlH mining ImihIuohh Mtid iaiiaiUHo tho stakes aro big, with tho percentage all on tho Hido of tho pliiyor that Ih tho reason some of iih never roHlKii our Heats, today playing a stack of IiIiioh, to. morrow wagering a single whlto chip: hut always playing- yonr In and year out. "Thoro Ih always ii hit of humor in thoM) haul look mining stories. A fellow limy not hod it at tho tlino, hut U'h thoro. liHtor tho humor may appeal, and instead of sadness over what might of havo linen, ther opuiea fooling that what might have boon will ho. And that's Hiiothor reason why wo uovor quit tho game- whether lonor or winner. A healthy optimism it just hh much h part of tho mining inau'H make-up hh la a knowledge of tho exact dilforouoo and dlHtiuntiou between a decayed liulfalo chip Mint m piooo of hull quart. "In tho JhhI forty yearH 1 havo hoard enough hard look mining storlen to llll a hook. AIho, 1 havo hoard tho otlior kind. lar ho it from me to oil mh a judge and nay how greatly tho momhitrH of tho ouo overbalance tho others; hut ttiiu 1 t-hall ay:- that no douht ho long an 1 Hhall livo 1 shall follow tho mining game, Ih'cmuho it's a square game, mid tho only game on earth wherein h man may begin with a button and chhIi in a cool million." "1 wmh ovor in tho Hlaok Hills during tho early day of that camp," o iiitluuod tho colonel in a remind cwut tone, "and 1 wmh m star Motor in m hard I uck story. Von know, thoro Ih a sort of volcanic overflow covering thojjoountry around Load. Thi) lowor strata of this overflow , oontaitiH gold iu paying (iiantitiof. oisiiiu snug rnriunoH woro mado iu thiH Hort of mining. 1 had about ? 12, 000 in ready cash, and with characteristic impotuouity took a bond on n Hiring of claims which woro J a continuation of tho oiioh whoro big money wiih lining mado. Tho Into Senator Spencer, of Alabama, who wiih then in limtnwu and HismnroK on that celebrated LoiilHiana lottery deal, wiih my Hide partner on the bond. 1 Hpeut my $1 '2,000 mid Spanner's 8112,000, but couldn't llnd the pay. Wo ran in debt for 82,00(1, but Htill were unlucky. In disgust wo throw up our bond and took up Homothing olso. In loss than a year'H time, other partioH took up tho work whoro wo had loft olf and within llfteen feet Htruok It rloh. They Hold out at a clear profit of a Mllll I'! lit of li llllif.tl .l.illnru . !. m.i. .. a. ..ii.ii.iii iiirifiiin "MlHHing it by 15 foot hqoiiih to bo tho exact distance mentioned in nil hard luck HtorloH, " Hpoko up CJeorge Day, veteran proBpootor, minor and gentleman gambler. "Frank Huckniim, of Sumpter, grubstaked a couple of prospector a few years ago. and they located Home clalmn iu the Greenhorns. Tho end line of tho liiHt claim ran within llfteen foot of tho Hpot whoro the Morning mine wiih afterward opened up. "The colonol'B hard luck story from the Hlaok HUIh remindH me of a similar yarn In whloh oih of tho name actorH wiih h character. 1 refer to Senator Spencer, who wmh working on the Louisiana lottery deal iu Dakota. Had that deal gone through h certain newspaper man would havo boon pensioned for life. And the real hard luck part of it h, that the MHtuo uowipapor mau in uow in Sumpter. Vou all know him, bo 1 don't need to moutiou hid name. Had the lottery deal been nuccetJHful, he would today be clipping ooupoiiH mh a o rt of recreation from steam yachting Hud Mutomoblllng, ii)8teud of drMwing occMHional Inapiratlou from the ozone of these lllue mountaliiB. " Kd HaiiHor butted In: "Windy Hob Kvmiih, who wont from Sumpter to Touopah, telU m haitl luck utory in about hh terne h WHy hh anybody. Kviiuh wrote back to Sumpter friendH hh lollewi: "tlumbo Iohhoh are holHtlng 12,000 worth of ore m day. 1 am dealing faro at 7.50 per ahlft. Thin Ih h bard world." A mluiug man ou the outekirtn of the crowd elbowed m way into the center aud uaid: "Hard luck I Why, I am the only lxgotteu hod of Father Trouble. Not long i.go 1 ran acrona an old mine down on Snake river, whloh iu yearH gone by Iiiih yielded milliotH, but which Ih now uhut'dowu. Tho watchman in charge permitted mo to entor tho worrkings, and nftor roam ing around in badly ventilatotl tunueh, crawling through slippery upraisoH and louiug my beariuufl in half-caved croHscutH, i bumped into a bretiHt of ore that wan uimply lousy with gold. The caudle light wiib refloated on big chunks of tho yellow stuff, it glittored. It was glorious. I Htood gasping. Coming out I asked tho watchman if the mine was for sale. It whk. How much?' 1 asked. He named u figure, aud directed me to tho owuor in Port land. To Portland I wout, post haste, figuring on a trip to Europe in tho spring. Tho owner was an affable old goutloman. We com menced negotiations. Tho prico placed on tho mine mount spot cash, hu said. That stumped mo, of course, i had a cotinle of thousand. . r but that was all. 1 suggested that ho give mo a lease aud bond. Ho was willing, with the proviso that all work under the lease should bo HiipcrviHcd by himself. This looked peculiar, but 1 took n long chance, aigued the Joiiho, accepted tho old man's bond lor a deed, paid a cash deposit, aud together wo hurried back to tho mine. 1 immediately ordered a crew of men to attack that gold-speckled breast of ore, and began to overhaul tho mill for a wook'H run. 'Stop,' said tho aged owuor. '1 am tho superintendent horo. ' Ho took the crew into a caved crosscut and began wheeling out muck worth forty cents per mlllilon pouuds. I begged, I implored, i prayed the old man to lot mo take out that rich ore. Ho pointed to tho terms of tho lease, giving him solo and undisputed management of all ndergrond work. 'That breast of ore is our show piece, ' ho explained, it's there yot. Now If that old mau had only dropped dead, i would bo clipping coupons at this very uiomeut. Talk about hard luck!" FAKE JOURNALS FOR PROMOTION Advising the purchase of shares iu mining companies, which iu general represents the busiuees of the mining broker, naturally In volves certHin moral and business responsibilities which uo broker can hardly fail to appreciate. As an indication ot what tho responsibility involves, it is noteworthy that many investors cannot be per suaded to buy stocks unless they can Hud someone else who Ih willing to assume the gift of prophecy and toll them what to do. The man who has money to iuvest uaturally desires to place it where it will bring the best profit, while con serving itself as the principal. Those who are difilldeut will therefore frequeutly be found seek ing the extremes of advice concern ing their investments, either for or agaiust them, without stopping to realize that advice must either be -t foundod ou good judgment, bad judgmout or malico aud that a personal equation enters into tho problem only to make it more com plex. Tho investor will be wiser if he cultivates bis owu judgment, even while appealing to othors, whose sorvico, however, should best be required wheu it comes to the gathering of unoolored facts. The broker who offers a piece of advice usually gives facts as bis justification aud his clients may defer to his judgment, not only lu the selection of the foots but iu the weighing of thorn, this being the case, particularly where the broker has a busiuess of long standlug aud has givon frequent proof to bis cus tomers both of his wisdom aud of his professional lutognty. uou u broker as this i.pprooiatoi his re sponsibility aud is not apt to wilfully sacrifice his own interests by making a wrong suggestion to his elio.itH. From tho circular lottots of a broker to thosoaalled "house organ" or promotion journal it is only a fow stops, but tho dovolopmeut of such a publication can also bo approached from tho direction of a liotia lido magir.iuo or newspapers Whore the "house organ" bear, tho imprint of tho broker or pro motor and makes uo pretense of beiug anything other than what it Is, it stands as a highly devolopod form of tho circular method of iidvrtlalng and tho render judges it accordingly. Hut where the publication mentioned carefully conceals its couneottious and by some "hocus-pocus" secures tho second class mail matter privilego from tho postoftloo, so that it may masquerade as a legitimate magazine or nowspapor, it stands merely as the most degonerato typo of journal ism and should bo avoidod. It is worse than a subsidised political newspaper, because tho latter oauuot coucal its bias, wherea3 tho promo tion journal may be made to reach the purse of small investors by the most imidious nieaus, without re vealing the nature of iti dieguise. The promotion journal of this descriptiou cau servo all the pur pose of retailing morceuary advice to the uuwary without britigiug up on 'itself auy responsibility that it has cause to fear. It is of mushroom growth aud it does not expect to sourvive loug, whereas the reputable publication of long standing, repre senting nothing but honest jourualis tio ideas, kuows that ita future de pends upon its record. Advice without responsibility bebiud it is uo advice at all, and fulsome advice cau usually he viewed with sus picion. If hu iuvestor is too anxious to secure it he cau Uud all the promotion journals he wants to furnish it.Daily Mining Record. Bowers Invests $500. Accordug to a deed tiled with the county recorder of Grant county, Arthur Wightmau has sold to W. S. Howers, of linker City, a five sixteenths iutereBt iu the Chloride, Governor, Golden Gate, aud Peek-a-Hoo quartz claims, iu the Susauville country, for $500.