| Show SICVEH UNDER STIMULATION Mr Springer of Illinois Is an authority au-thorIty on the tariff question to which he has devoted much attention and his speeches show great research and patient collection of reliable data This must be conceded by just people of both political parties But the gentleman gen-tleman does not seem to be as well up on the silver question although he was the chairman of the committe of the House on Banking and Currency Cur-rency He is quoted as saying that under free coinage at 1G to 1 the production pro-duction of silver would be so greatly stimulated it would become as plentiful ful as copper This Is evidence that 31r SprInger has not thoroughly investigated the subject and has perhaps merely echoed the opinions of the enemies of silver There has never been enough of eIther of thb money metals in use yet to meet the requirements of civilized commerce com-merce Nor with the increase of population popu-lation of business and of products also of national and international exchange ex-change of commodities Is there any probability that there will be more gold and silver than is needed to carryon carry-on the trade of the world Lines the gentleman think that silver J I an be produced measurably at will < lIke wheat That free coinage would act as a sort of manure to stimulate a silver crop The precious metals cannot be created or manufactured they can only be discovered and utilized Taking the whole dIvOt business I busi-ness Into account prospecting dig I gIng tunneling working smelting and the rest of It every dollars worth of silver produced costs at least a dollar I to produce it Much labor in prospecting I prospect-ing and developing is Often altogether lost There are few really rich silver mines Some of them become exhausted I ex-hausted and all the stimulating in I I the world would not put silver where I I it Is not Summer fallowing or winter I nesting gives It no revival nor will ti I ratio of eight to one or other raise in I prices fertilize a hole In the ground I 01 silverize a metalIess mine I Of course If silver were restored to 1ts old position as money mines which are now Idle would be reopened I opened and worked for all they are worth There would be an Increased output Thousands of miners now Unemployed employed would be put to work and the silver product would be much greater than at present But that it would be greater than the needs of the times we emphatically dispute and affirm that there are no data on which to base a just conclusion that there would be too much metallic money if aU the mints of the world were engaged gaged In coining all the gold and slier sli-er of the world Mr Springer is too much of a Demo crat tp remain in the camp of the olditds He will hnd that the march of the party will be to silver music and he had better get Into the processIon proces-sIon as soon as he can The tariff issue Is-sue is past The coinage question Is in the air and silver restoration must be the next reform to engage the energies of the party of hard money I and equal rights |
