| Show V MW MKVSOUE 01 HI MM I If onr Surplus SlUcr CRII hr I i Control the orlfl Trn Illnrkcl I HIP present depression in silver must I j constitute tho most important Riibjcet for lonlcmphtion for the business mlnda not I onl > of the far West but of tho entire world Silxer occupies today not onK a deplorable but n false position into which il lias not been deuraded by iU enemies nit thriHt b Its friends Ami the most I n tomshtng fcituro of UH situation Is the Impression that Ireails nmon silver men here tint the misfortunes of tho hour can bo lemedlod b Contresiional legisla lion and Tribune editorials The power of legislation was executed with tho en tmcntof the llland law Hut Jntninc lltortils would bo an cntlrelv now ex crimcnt as not more than thirteen him drel of them lnu been fired into nn uluring and deft useless ptibhi during tho last llftccn ears Ueforo atlcmptini a solution of the problem wo must first anal70 it Silver icoimtcred its llrst hostility from His marek who demonetised it on the rep eseiitatlon of experts who on cxamina itionof tho Virginia llonaimis leportcd 1 leen hundred 1 millions in Bight l Franco In pelt defense was obliged to mrstio n similar course toward it and n depression tint almost parnl7cd the mining imlustr on tins eoast followed these me isurcs Although Bismarcks action has been enounced as i highhanded outrage it i as finally Interpreted no moro than n shrewd business measure for in the aco of such mi aahnclio of the metal whnl result was to bo anticipated but Its depreciation fIn In fact such a 1 brainless eron wore tho silver advocates on this Coast that number n-umber of papers with I the inevitable nbnne at their I he tt united In nn effort to pcrsuado Mackav 1 air to put on ai ixtra foreo of men and forward a ear oad of silver dollars to tho Centennial nl Mnladelphia in order to convince tho vorld of our capacity for glutting nt Jiak I i ak 7ni ahead overcrowued market Tlio mischief mis-chief Inch such nganes entails is visi lo when wo BOO every civilized natiot adopting n policy of hostility to silver on lie tctnnony of a class of scientist whoso opinions nro not credited by iractical miners as worth tho paper pa-per on which they nro written and on no minds did the frail charade of expert testimonv seize a firmer hold ban upon those who had loaded with Con Virginia at 1000 per share I Th groundlessness of tho worlds apprehen I Dions were only yerifled when thn ram Ications of tho pick disclosed tho fact thai of the report of the IJonanza experl not one fiftieth would ever bo reahzci Under tho assurance of tho absurdity oho I o-ho Comstock reports the demonstrate of Asias capacit for absorption Ainer leas almost unanimous remonetization i Africas i anticipated demand renderei uncrativo through colonization schemes and Germanys financial cinbarras tnen silver began to assert itself as an mdis liens iblo financial factor and tlio man of blood and Iron to bo looked upon as a colossal financial humbug Defeated by this irrjsistablo tide of events opposition to a double stnndari either dissolved or concealed itself am the realms that had discarded 1 it sen representatives to i convention having for its dbject the rehabilitation of tho misunderstood metal The first con fcrencewas held at Dresdcnand noverdu a delegated body proceed with greate caution There were two assemblage and two adjournments the adjournment dictated by a desire to learn more of Iho worlds eapacit for the relative production produc-tion of tho two metals The interests of America la in the direction of remone tiatlon uid 1 tho exertions of Thurma and other Hepresentatives wero throw th it vva I hilo the question was h UIL mg fire and ThurmanH posit on was grow ing daily stronger the Denver exposition ex-position profession to represent 5000 ilr tl nr I11I paing mines for su nineteen twentieth I of Ibo world would interpret the dipla w is hurled like u bombshell into tho ranks of the inctalhsts and tho cousc qiience appears in tho action of the monev centers of tho world in discard Ing without action on tho part of these governments llavetliev in moro solid ground for this action over the Denver llaar thai the had over the Bonanza Hachel Hat the 50000 mines represented at Denyer any moro of an existence than had lho 1500000000 upon Inch the enemies of silver based their prejudices twelve ears ago Cm wo convince tho world that of the fIIty thousand mines repretcnte at Denver that one In a thousand will pay dividends and not one in five hm tired pi tlio expenses of working AI thou li tho first movement against silver WlS based on an illusion that tho inerea ing production is strengthening the position posi-tion of its adversaries and wo have that fact to face If wo search for a remed it must bo I ono that will bring not only monopolie nnd sndicatcs but oven Legislature Cabinets and thrones to the feet of tho mining interest Ihcro is such It rellled avail iblo Tho only wonder Is th itsom child in the cradle has not suggested lnlt before It is 1 this China and Japan c I nfl Jgr absorb 0110 thousand 1 millions i of sllvc 1 Concentrate all of tho silver mtereb into ono grand corporation Ship over ounce of bullion in the land through the Golden Gate md control the tea trado of tho entire world It would tako coluiii o enumerate the lid intakes of tlio ss tern B 1 |
