Show TO CHEAPEN SILVER Great Salt Lake Waters a Natural Solvent I It Will Extract the Uetals from the Ores and Create a Revolution in the Bluing Industry I Admiral Selwyn can make good his claim to the extraction of metals from extracton their ores at a cost not to exceed 2 per ton he will restore to the miner the same profit as I silver wore on a parity with gold Instead of giving the miner a profit by increasing tho price per ounce of his silver ver Mr Selwyn proposes to give him his margin by lessening the cost of production produc-tion > tionWhen When asked to explain his process the admiral fought shy of going into details sions and made all sorts of excuses and eva sionsWhat What can I call it persisted the reporter re-porter after 0 dozen times being repulsed Call it the salt water process said the venerable metallurgist and with this remark re-mark Tried to shift away I Salt water is good and we have lots of i this may account for the cheapnesss of your process guessed the scribe fishing I for an explanation Nature had at one time a great hot salt water ocean the professor deigned to say and with the aid of the substance composing that water dissolved all the known metals and his ever since been precipitating i pre-cipitating them in lodes veins and deposits of minerals Having caught the theory of the professors profes-sors process it is very easy to guess the rest His application of the theory is no doubt with a view to the utilization of the waters of the Great Salt lake for dissolving dissolv-ing the minerals He has as much as conceded con-ceded this by saying My theory is an exact inversion of the process by which nature put the metals in the ground I Who knows but that the Great Salt lake was placed in the lap of these great mineral min-eral bearing mountains like a bowl in the lap of a mother to wash out the precious metals that lie all about iU Who can say but that the solution when rightly applied will do just what Professor Selwyn says it will dog Some day not far distant tbere may be extraction works all along the shores of the great lake and all the ores of the west may be brought hero for treatment treat-ment It has often been said that traces of gold in solution have been found in its waters and this by some of the leading chemists holding cnairs in the first colleges in the country 1 consider that this process puts my hand into every mine in the wet spoke up the admiral as i he had millions insight in-sight Smelters he continued can use a good process as well as a poor one and Mr Hanauer Is greatly exercised over my discovery but it ia not my fault that I better and cheaper process has been found It is quite clear that S per ton is considered con-sidered the lowest price for taking out silver I yon can bring that down to 2 you save 6 per ton to the producer All obligations which call for silver dollars can be met with silver at its current price 73 cents per ounce and there were probably many entered into at 93 Whether we introduce copper and makeup make-up the dollar that way which is called debasing de-basing the currency of the stateand has been the method of kings and cunning financiers from the most ancient times but with very poor success or whether without with-out adding anything to silver we try to make people believe it is worth more than it sells for in open market the same fallacy fal-lacy exists in both cases but the honest way of meeting the matter is to cheapen production and meet a falling market |