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

friend 1T the shooting Of Philip Barton
Key, was made the superintendent, while
Dan Drew, as great shareholder
.sbulled'' the stock in Wall street. As
the stock was sswatered'' up to high
capital it became necessary that Drew
should also maintain the monopoly high
prices for quicksilver. Hence two mo-
nopolies working for the same end were
no better than one. The Almaden mine
continued to remit its quicksilver to the
same agent who received the New ldria's,
and he continued to follow the Roth
childs, who were steadily bulling quick
silver in London. From thirty dollars
flask quicksilver went up in few years
thirty pounds sterling flask in London,
and America steadily followed price. As
the high prices continued there were fair
dividends to sustain Drew's bull move
ment on the watered stock in New York.
Now happened, to burst the monopoly,
two events widely different: one indus
trial, one personal. The personal event
was the struggle of Jay Gould to force
up his stocks, against Daniel Drew. who
was bearing them down. Gould had the
longest head and the fullest hand. He
pushed Drew to the point Of bankruptcy,
| for Drew was loaded with contracts to
deliver Gould stocks to other operators
at low prices, and Gould pushed up those
stocks and held them there, and as
Drew's contracts became due, he had to
buy these stocks high and sell them low,
every share being loss to him. The
price rose as he purchased. Drew had to
drop all minor concerns, such as quick
silver, and devote every energy to his
stock contracts. As soon as he took his
buoying hand off quicksilver it fell IN the
market. Then came the industrial cause.
The high prices Of quicksilver SO long
maintained by the monopoly, stimulated
California mining enterprise to search for
, cinnabar wherever it appeared, IN how
, ever small quantities. Instead Of two
, large mines, atout forty others were de-
) veloped, whose aggregate yield this year
is from 5000 to $4,000 TASKS. Although
E this amount was insufficient to materially
i affect the supply of the world. and al
4 though the California combination bought
e it all up, still the money required to buy
it had to be subtracted from the reserve
: capital Of the monopoly. and this gave
r them less means to bull their watered
J, stocks. The excess was reported in the
b market at the very time Drew withdrew
: his attention from the quick
' silver stocks, and the bears rushed at
!. ssThe Quicksilver Mining Coming" and
b beat its stock down to Is or Is per cent
7, below par. Then the stockholders in New
s York had to order quicksilver to be sold
It in California for what it would bring, to
r meet their stock engagements. Conse
10 quently quicksilver from California nc
l. longer observed its agreement with quick
a. silver in Europe. From Daniel Drew tt
a the Rothschilds in London the news flash
a ed. The great monopoly was staggered
lie but not broken, and the price Of quicksil
It yer is to-day IS cents pound instead Q
$l.35 in 1874, and even $l.55 at the high
IN est notch. Now, Mark Antony, you cal
!. get dose of four pills for the price o
h two formerly. Rejoice. O, my soul o
a. rather liver. Now, Melinda, you cankaf
be for looking glass twice as big IS form
a erly. Now, Jerry Black, you must chew les
nj tobacco. And now, ye who mine for gol
w and silver and require quicksilver to g
IS duce the metal from the clay, ye pay les
no for it, and remember it was Jay Goul
,ss who did you the good turn.
If. There is nothing which will give you
es- clearer IDEA Of the vast reach Of CONNIE
he cial transactions through modern monol
", DIV than this. The world must ha,
OF mercury. The King Of Spain owns thre
fe, fourths Of all the mercury in the worl
vas He is extravagant and needy. The Roth
AL. childs. whose combined wealth is said
put be 100000 600 gold, take advantal
the Of his necessities to manlpuia
md his quicksilver. When mo
led mines are discovered in America. tn,
on. league with them to maintain m arbital
liza, standard Of price. The lawyers rush
M. the new mines and devour their substant
no They require to borrow capital to wo
Try. them, and again, part Of the monopo
the advancing this capital, secures the agen
der for the yield Of the mines at M
.xa. figure. Then an arbitrary standard
ack again set up and maintained. To esca
at this usurious agency the mine is turn
the into stock. capitalized high. and
.ons shares arc gambled with on Wall sire
dis. A great operator, in the person Of Dan
al Drew, controls the stock. Industry
pun. deavors to circnmvent monopoly BY .
ped discoveries. The great operator gets
,cks hands full Of another gambling ventu
> Of He let's 20 quicksilver to spit on
the hands. His enemy throws pepper in
tiea. eve. He cries souch j. and the amas
b a quicksilver is forced on the market.
dis flows down in liquid river. and per
,ney ill their TASKS. Mercurlal ointm
gage grows 80 cheap that the itch is confined
use Scotland and. everybody is his own ]
,ths- doctor Gold increases N yield Deca
! the quicksilver is cheaper and poorer M
and can be worked. Allah, AchaF' Clnna
cond Gold and Gould dATl
erica
for The Infanta Dona Isabel, the eldest
time. ter OF King Alfonso, is said not to pos
{ liti- that seraphic temper which is
sons orally looked for in young la
,malI In spite Of her haste to join
,o-.a IN Madrid. she lives IN win