Show SILVER DEMONETIZATION A The Winnemucca Nev Silver State publishes an interesting annual report of J V McCurdy Superintendent of the Paradise Valley mine located in Humboldt county It shows that the total value of the product of the mine for the year was 30445251 the loss by the reason of the discount on silver being 9222138 The Silver State in commenting upon the report says Well and truly does Senator Sen-ator Sherman of Ohio say much as he is opposed to the metal that the silver question is the greatest of all political issues of the day Legislation which reduces re-duces the value of the product of a silver mine in which a largepart of the proceeds is expended in wages fully onefourth is to be condemned by everybody every-body who places the material interests of tlio state above the success oi a party I From the establishment of the United States Mint in 1792 to the passage of the Demonetization Act of 1873 the coinage C of silver was free at the mints as it ought to be today and as every Democratic 1 platform from Massachusetts to California Califor-nia declares it shall be notwithstanding the objections of the goldbugs the Administration Ad-ministration and their Republican allies Everybody knows that the purchasing power of a silver dollar is not changed by the fluctuations in the silver market 1 and that if the coinage of that metal was free the Paradise Valley Mining Company Com-pany would not have lost 9222138 in the last year by reason of the discount on silver Yet though the company expends ex-pends directly in California from 5000 to 8000 monthly for supplies the Republicans Re-publicans of that State eliminate a free coinage resolution from their platform and endorse the Representatives from their State who voted at the last session of Congress against free coinage by rcnominating them by acclamation F Mr McCurdy believes that the silver producers of Nevada and adjoining Territories Ter-ritories should evince their disapproval of this political action by withdrawing their trade from San Francisco and he avows his determination to purchase no i machinery or other supplies in that rity that he can purchase elsewhere if the part which so wantonly declared against free coinage is successful at the polls next month The superintendents of mining properties in Utah would do well to follow fol-low the example of Mr McCurdy and to 80 express their determination before the coming election in that State There is no wisdom principle or policy in ting t-ing people who are doing their best to destroy de-stroy one of the principal sources of their own prosperity They should be taught a lesson and perhaps the loss of the patronage pat-ronage from the silver producing regions of the Pacific Slope Vill ofIset the pressure press-ure from Wall Street which evidently influenced the action of the Republican Convention of their State |