| Show I The Hise in Silver i Silver Is rising again That causes mixed sentiments among the people of the west Some rejoice over the relief it will afford to silver miners others will be sorry that it did uodrop still further so as to bring about a crisis and force a change that would compel a settlement of the currency question It is pretty clear that the great slump was brought aboutby speculators Some operators have made snug sums over the manipulation of the market It was beared for spoils Advantage was taken of the East Indian policy as to silver and the market was run down in order to take I advantage of the rebound which was sure to come The speculators in stocks and in commodities I modities care nothing for the ruin that is wrought by their manipulations of the I market Theyoecome perfectly callous to human suffering and calmly indiffer I ent to the fate of others No matter who sinks so that they swim The very nature na-ture of their vocation tends to make them so There is no sentiment in them It is probable that the reaction which has > taken place will steady the nerves of the mining men of the west and prevent I the closing down which has been con I i t a H templated of a number of the silver and lead bearing mines Even now some of them are running at a loss Others are barely paying expenses and whether laboring men believe it or not they nave been kept open out of a regard for the workmen who would suffer from the closing up and in the hope that silver would regain its place In the market We must here repeat our advice to workers at the mines If the regular rate of wages cannot be paid because of the decline in the price of silver it is far better to accept a less figure than to be thrown out of employment and remain idle Who can compute the distress and other evils that have arisen front sonie of the strikes in this region And when will those men who refused to work at a reasonable reduction regain tho position they have lost We are encouraged by the turn for the better that silver has taken and all hope I the mining companies will be stimulated to keep their works going and not give I way to the general panic and take steps for which they will be sorry if the market I continues to advance |
