Show Sit VER A ARE I ALMOST I With Wih the tho silver market markl down don to 18 cents an ounce this thi morning a n new low point has been established Not at anytime any anytime time since sinco the thc reaction in metal prices set et in has bas this figure been reached For something like liko six years the settling price has ruled between 53 65 and 70 cents mi nil ni ounce For the winter of 1902 03 90 OJ the tho t o i record in in low lo prices of t this is metal was established when London traders put tho price b back ck to 13 J cents That tho the question of what shall shaH bedone be bo done for silver is seriously agitating the minds of western minin mining men is clearly to be ho discerned disc It I appears that the government has dono done everything inis in iu its is power to protect all al of the home in industries in in- and products excepting the white whito metal This country alone produces pro pro- duces tues one half of the the output of tho the sil silver silver si sil- sil ver er of the tho world and yet the traders in in London arc are allowed to fix fx the prices on this metal from da day to day da One On of the thc best posted men mn on minin mining said this morning moring t that at asido aside from tho the question of allowing this metal to enter into the tho th money mone question it would seem reasonable that tho the government coulat could coul at least make mala arrangements for its mein use me usein in our trade relations with foreign forcin n countries countries coun coun- tries which use use silver as the basis lasis of all aH of t their heir money Without giving the tho subject close cose study ho lip said a l that ho be- be he it was high tin time that the go government gov gov- I emment was doing something for silver siver I and unless there was some sort of a movement increment inaugurated for its is protection tion ton it would mean tho the loss of vast ast 1 fortunes fortunes for for- I tunes to the west Local mine mine op operators are arc of tho opinion opinion opinion I ion that there will il be Le a n. n better price fixed for the metal and that the present slump will bo Lo of short duration As I most of the JC lead ll l copper and gold old mines carry cary a n fair percentage of the tho white metal it is plain to be seen that it afI affects affects af af- af- af I the entire industry to some extent Thus it would appear that all nI mining I men aro arc interested in a better price rulin ruling ruling rul rul- in ing for the white hite metal and that unless some somo relief is forthcoming congress would be appealed to for assistance in inthis inthis inthis this direction di |