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Show THE SILVER QUESTION. Two-tbirda of the world's output out-put of gold is obtained by mining for bilver. . The demand for the former metal is for all that can be obtained, it being the basis by which trade aud commerce is carried on between be-tween our government and others, as well .as the basis by which all relative values of goods are ascertained ascer-tained between tbe people of tbe United JStateS in all their business transactions. . , Naturally pawnbrokers thrive when tbe poor are lu noed of money, "su do banks and money lenders fatten when people feel that they must have money to carry on business. It is not necessary to discuss tbe question in the direction of how much or hoXf little monty shall be in circulation. Outside of those who thrive d the expense of those who are iu a predicament for lack of funds, no one can present pre-sent opposition to ' an unlimited supply of good, sound, reliable currency. By depreciating the money value of silver as a meaus to trade it raises the value of gold, for it naturally teWs to discourage silver mining thereby -deci easing tbe production of gold and increas ing the value of that precious metal already in coined existence. Unlimited coinage of silver means that one .ounce of silvr will be worth $1 29 iu gold In one sense, and in' another it means that bondholder having property payable in the yellow metal will have their bonds depreciated to a silver standard by the fact tbat gold may decrease in value. Others argun that gold has a: stationary sta-tionary value and ihat silver fluctuates. fluc-tuates. It depends rfpon whether you area gold lug or a silver sympathizer. sym-pathizer. . Jn the unlimited coinage of silver there is oue more feature to be considered, the gold bug element, if they should gc under by action of congress contrary to their wishes and create an unlimited coinage of the white metal, Wall street might fail and precipitate a panic ' However, How-ever, scholars in this study of money, and they are in a position to know, make the assertion that it would be absolutely safe. Upon this statement, granted the theory be true, if unlimited coinage coin-age of silver be granted, the west would immediately ' assume its proper and rightful supremacy. .' In Montana, Idaho, Wyoming, . Colorado, Utah, Nevada, Arizona, ' and New Mexico the silver mines . are. merely undergoing exploration, being kept clear of water. If a " -demand for all the silver that can .be produced is made on these states and territories, at once the shafts will be sunk deeper, more men will ; br; employed, and an immense qunantify of fuel will be required. As tbe shafts go deeper each succeeding suc-ceeding level requires more powerful power-ful hoists, and the lighter machinery machin-ery will be removed to some mining min-ing property less developed. Add tc the vast quantity of new machinery, the train load after train load of tallow caudlea, giant powder, pow-der, fuse, picks, handles, shovels, tool steel, drills, and other articles absolutely necessary iu underground under-ground mining, which are obtained all over the easfnd which are paid for in cash at their gold values. To this present population in the states named add! the number that will be attracted here from the east who must be clothed and fed, and one cau realise faintly into, what a young giant the Rocky uaonntain country may develop. Just now the demand for all the ' products of ihese western farmers is easily met by the rural districts. If the present local demand increases in-creases for larger supplies of the necessaries of life for thesa oncoming oncom-ing miners, farm property, every and anything that is the subject of property, will assume a new era of values. It is Wall street, the money centers ia the east, the - rightly eamtd gold bug, against the entire west. Reader, which shall it be? |
