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Show AS A COMMODITY. The full estimate of the mineral out put for '93 baa been completed and in the eumming up of the Mb ale matter there ia a lesson of vast moment to this Dation. All mineral products have decreased eave that of gold alone, which hi s increased over previous years, as has that mineral increased enormously in value. But it must be remembered that this increase in value affects favorably fav-orably those who hold large amounts in gold or in gold bearing interest paper. pa-per. The poor are only that, much worse off, because they have to give so much more brawn in exchange for it. The silver product has fallen off more than live million ounces in amount and oyer one half in value. Silver even in '92 was eo much in excess of gold that the aggregate of its value was far in exceas of gold. Estimating silver's value for '93 as in '73 the tailing off would represent $30,000,000. It seems incomprehensible that this government would voluntarily adopt a policy which must inevitably entail a loss of this enormous amount on silver, sil-ver, when it nowhere appears that it has replaced the loss in aDy other direction. Thus with Sherman's de monetization scheme we wipe out one half or more of our silver values. Added Ad-ded to this the fluctuating and unstable price ot silver Is the cause of untold distress. This distress falls upon a class of our people we mean the poor who are not speculative simply wage earners. We have inflicted thia evil ourselves. It is our own government govern-ment which has struck its poor this staggering blow and it has not made up to them in any way for tke enormous spoliation. Our mineral product is less valuable than it was only tvio years since by thirty million. This is not all, the stagnated business, the shrinkage in general values in consequence conse-quence of thia malign policy, exceeds the sum of thirty millions by not less than two hundred millions. With these facta before its eyes how dare the republican party in thia nation, na-tion, but especially in the west, go be- fore the betrayed peoplo and ask for endorsement on thie or any other head. To do bo is monumental impudence. Had John bherman never lived these vast armies of cummonwealers had re mained unborn in the womb of shadows,. shad-ows,. They would have remained at home profitably employed citizens in the sum of produciug America, Is it too late to reverse? Can m we not shake this suicidal mania and return re-turn to rational theories of financei' Is it necessary to pursue this madness until our once great and prosperous nation na-tion becomes a mere reminiscence? Let us cut across corners and return with the least loss of time to the policies always al-ways found healthlul heretofore, and not alone by us, but by the entire commercial com-mercial and civilized world. We plead for the trial of no doubtful experiment but for an early return to what we all know was found in all the past, a healthy, safe, rational and righteous financial policy. |