The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1875-04-22

Isoth - Jay Gould aA4 Daniel Drew t
.-The History of g The Quicksilver |
Mining Company,s and - the Bat. !
tie over lt-.A Curious Wall street .
Episode. ii
Especial Correspondence Philadelphia Tmes.)
New York, April 9.-.-There are only
two great operators in Wall street at this
writing: /,
'sThe two red leaves, the last OF their clan,
That dance Is often as dance they can"
Daniel Drew is one, an old persimmon-
faced hypocrite, who Pounds theological
schools by skinning the poor and the
rich. Jay Gould is the other, moral
infidel, who practices continual gambling,
on almost sublime scale, without reveal
ing his system of doing it. Gould has be-
come, by steady application, comparative
youth, steady habits, mercilessness and
mystery, the most powerful conspirator
in the world. Don Carlos is nothing to
him. expected to have sent you, with
this, sketch of Gould, but an episode in
his career and Drew's has. for the pres
ent. consumed all the space you possess
| for me.
If you will pick up the stock lists any
day you will see ssThe Quicksilver Mining
Company Capital $lO,OOO,OOU now
quoted very low, at 26 and Is. This is
one Of Daniel Drew's companies. By
paying too much attention to his gold
puddle, to ''bulling'' Western Union and
Clearing (depressing) Pacific Mail, he
forgot his aside pursuit Of keeping up the
price Of quicksilver, and calamity over
took it. This subject Of quicksilver is
one of the wondrous themes which show
the modern government of the commodi-
ties of the world by combination and CAPT
tai. The quicksilver of the world. which
is so necessary for the arts, chemistry
: and mining, is mined only in Europe and
California. California produces this year
about $4,000 TASKS (76 IL pounds to
) the flask); Europe, $4,000 TASKS. Two
mines in Europe divide the European
production, the ancient Almaden mine
(32, 900 flasks) and the Idria mine in Aus
tria $4,000. The Almaden mine is the
property Of the Spanish Government, and
, when Spain asked the Rothchilds for q
loan Of money many years ago, those
shrewd Jews took the whole product OF
quicksilver as agents, and at London
: the market of all European quicksilver
they fixed the price, and. of course
= ssbulled'' it steadily-that is kept it hief
J and higher. Their motto was"Excelsior-
and more too" The Idria mine relativel,
: mall, was guided in price by the Roths
; childs, if these great jews did not Absorb
hat quicksilver also And monopoly
: not demand and supply, has for year
: regulated to mankind the price Of . vas
! necessity. The cost Of the quicksilve
! the world has been run down this year $
per cent.-or from nine millions of dol
e lars to four and half millions by con
y petition. 1t averaged for the year l87
Sl.35 pound now it is only IS cents
y pound. This rise and fall is in very littl
e. q matter of production and demand.
= is matter Of bulling and bearing.
r. Let me proceed. While the Old Idri
u mine, worked with German thoroughnes
and the Almaden mine, worked wit
:, Spanish primitive simplicity, were stea'
~ ily supplying the world, cinnabar. u
nc ore of quicksilver, was discovered at
IT, place in California called, in complimel
r. to its ancient Spanish predecessor, Ne
'e- Almaden. This mine fell into the 20
H. session of an Anglo-Spanish bankil
le- house, the Barrons, which was in busine
ne in Mexico City, under the firm Of Ba
w ron, Forbes & Co. They were CORE
- pondents of the Rothschilds. and, at t
~ rumor of competition with the monopol
'n- a Young Barron, born in Spain, the son
an English consul and Of Spanish Wi
then clerk of his uncle in Mexico, v
ch, sent forward to California. As New
'ry MAIDEN developed. its product was not
on in competition with London prices, but
e.. price was fixed by the Rothschilds, q
be- merely the markets Of the world divid
in eauitably. Those markets arc Lond'
ock New York, South America, Austral
sey China and California. The Barrons 81
on. piled North America. Mankind was
uc- better off than before the new discove
it A tremendous litigation ensued over
sey right to the New Almaden mine, un
ris- the provisions Of our treaty Of anne
ton from Mexico. Jeremiah S. BIZ
figured chiefly in it. He won the case
cost to the combination fighting
ted Barrons Of about 100000. The Barr
ana withdrew to a second mine recently
ors. co. cred, and named New Idria, and
luai though it vas m inferior mine, their ab
ave dant capital and foreign credit develo
T. It, under the superintendency OF Bu
!. y county Pennsylvania, BY the name
ara Thompson, while their successors in
de- New Almaden mine, exhausted lit
J. 2. ton and pressed by Jerry Black wit
le~ further claim for legal services or
rooi traint. were obliged to borrow mo
-, from their la.e opponents and morris
ais their quicksilver for two years. 90
o1iai quently the old combination Of Ro
70 childs and Barroas again monoTolized
Inc product Of the worlds quicksilver
lams '.bulled" the price IS before. A se'
the mine brought forth in Amt
son had not affected the figure
P.eo quicksilver everywhere. Meant
'ne taking audacity from the success Of thu
gants for New Almaden, two per
l.e : named Gomez end McGarrahan, 3
p'os traders in remote possibilities, endeav
to wrest the New Idria mines frol
, no. developers. This time Jerry Black
'n.t retained on the side Of the Barrons.
: cessful in defense Is in attack, he got