Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1879-05-04
THE FUTURE OF LEAD.

There is no question Of greater impor-
lance 10 Eureka district than that which is
embraced in the title Of this article. Our
loss by the great decline in lead amounts
to millions annually. Treating OF this
subject, the Gold Hill News says
Nobody cares for the lead. but for the
silver which is in combination with it, but
in securing the silver the lead comes in as
. metallic product which may or may not
be worth saving or marketing. 1t Is sim
ply considered among the most valuable OF
the refuse matter resulting from the pro-
duction of the silver. And now suddenly
comes the new mines Of Colorado to the
lead producing front, and Leadville is pro-
ducing lead enough from her rich silver
ores to supply the world. The lead mar
kst is consequently dem6fsiised to total
prostratiou. the price tumbling in a single
day from $50 per ton to less than half that
price. The best move under the clrcum-
stances would be for the various mining
companies to combine in the erection OF
works for the separation Of the silver from
the lead, 30 as to ship only fine silver,
retaining the lead until remunerative
prices can be again established.
Some of the Eastern mining journals
attribute the decline to the unprecedented
Weld Of the Leadyille mines. We hope
the cause does not lie deeper. If our in
formation be correct, but little fear need
be borrowed on account Of Leadville. The
best experts agree that the deposits OF that
region occur near the surface and are of
limited extent. Hence We do not antici-
pate that the market will long be glntted
from that source. The main reason, we
prefer to believe, for the depression of the
lead market is the stagnation in business
generally throughout the country. With
. revival in other branches, lead is likely
TO be in active demand at figures that will
pay for its production. At all events, we
expect to see it higher before it is lower.
Ir was never intended that the Presi-
dent should discuss the forms Of legisla-
ton with the two Houses. The forms be-
long to the Houses. His duty, his whole
duty, is done when he considers the
merits of a measure presented for his sig
nature. He is the revolutionizer when he
assumes to dictate to the two Houses the
form in which measures shall be passed,
and he certainly declares a new thing when
he says it is not competent and in accord
ance with precedent for the popular repre-.
sentatives at any time to make their grants
Of money conditional upon the abrogation
OF what they esteem previous acts or es-
tablished usages dangerous to the liberties
of the people. Yet this is precisely what
Hayes has attempted to do by his veto Of
the Army Appropriation bill.
-
THE C~onfederates have broken out in a
new spot. A gentleman in the interior Of
Illinois writes on to his Congressman at
Washington that they are settling around
~him-genuine Confederates, who fought
in the Southern army--so fast as to en-
danger the supremacy of the Republican
party. Reports of a similar invasion come
from other points in that section, and one
estimate puts the number Of Kentuckians
alone who have settled in Illinois and In
diana during the past year at 5000. How
long is Senator Logan going to remain
silent under this invasion Of the ssrebels 2"
WIG is the Government, anyhow In
the days OF Andrew Johnson the Repub-
licans used to swear by all the gods at once
that the source Of all power YVES in the
Congress. Now it resides in the Presi-
dent. Who shall decide when doctors dis
agree? Consistency where art thou jew
elry?
IT was upon the principle that "none