| Show GREAT METAL YIELD In 1850 a good deal of iron and coal were being mined in the east and some little lead Between 1850 ane and 1860 the railroads of the United States greatly increased and some of th m began to use iron rails Formerly they were simply joists with strap iron I V on t top p of them The fhe railroads increased a good deal I between 1860 and 1880 but in the thc meantime meantime steel rails were invented in I England and the roads which could afford them bought them from England pay pay- ing mg enormous prices sometimes as high as per perl ton I l The credit that had made it possible to build the railroads railroad between 1850 and 1880 came caine from front the mines mine of the west All the mone money did not come hut but English and Dutch and French capitalists were glad to lend money on American railroads because as ilS they thc reasoned a county country producing as ns much flInch gold ld and silver as did the United States at that time would be good gool for foi foran an indebtedness even if it took a good while to collect it and antI all the time they waited wailed the interest was going on Between 1880 and 1890 ISOO mining lH became more gen general en- en eral and the tIle product of in 1880 was doubled in 1890 hut but in the next ten tell years that product product product pro pro- duct was multiplied h by hr five Now the product amounts to more mOle than titan a year ear and such a marvelous Ious advance allce in an any industry tr not directly di di- dependent upon producing food was never neverseen neverseen neverseen seen in any an- land before V Except for the of silver that product product product pro pro- duct would be lC greatly increased now not only in silver but in other metals an minerals because really reaIl- tile tho of silver practically prostrated pros pros- the country from 18 1875 G to 1897 It was a twenty twenty t ty years' years loss to the country and to the world all unnecessary all uncalled for all cruel bc beyond esti esti- Dla mation tion I And that reminds us that we think it is a duty I to remind our strong men that they ought to have havea a commission to 10 go o cast east to go up in the manufactories manufactories manufactories tories in in New England and ami to the exporting merchants merchants merchants mer mer- chants of New Nm York find out the condition of the thc oriental trade and aud make a clear showing to congress how tremendous is the tile loss and how necessary it is to arrest that loss before it gets worse and before China as well as Japan Japari shall be covered with manufactories because if ir is it put off until then mam many and many a ship will go out of or commission and man many and many a factory in the east cast will have to look to some sonic other source for a market |
