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Show SENATOR STANFORD TALKS. He rtays Gambling in Silver Does Not Raise or Lower the Price. Senator Stanford of California, passed through Ogden on Monday evening. In an interview with a reporter of the Union of that city he said that gambling in silver would have no effect upon the price of that metal. The value of silver depends upon the stamp placed on it by the government, and could not be affected af-fected much by speculation, as its value was practically fixed by the new silver law." At least it was his opinion that it could not affect silver enough to necessitate ne-cessitate a change in the law. In any event the effect would not be disastrous nor result in a backward movement, as it had come to stay. Regarding a free coinage act in the next congress, the senator did not know. One might be introduced but no one could tell its fate. When asked particularly about gambling gam-bling in silver, said he did not know, as he was in New York but one day, and was engaged by private affair!. While of course it was gambled in the same as gold or anything else, it was probably greatly overdrawn by newspaper news-paper accounts. In turn the senator inquired what effect the passage of the bill had had upon the mining industry in this territory. terri-tory. When told that mining stock had advanced and was still advancing, and that it had placed the territory in a very prosperous condition, and that smelters were being erected, new mines opened and old ones worked that had been idle under the depression of the past few years, said he had anticipated such a result. |