Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1879-12-25
of the general spirit of speculation.

of the general spirit of speculation,
and it must end, if it continues much
longer, with a crash that will once
more upset values. Especially as
the near future is clouded. This
year we are raising unprecedented
crops the demand happens to be
good and prices are running up.
But as new wheat fields are operated
IN the great Northwest and the sur
plus becomes greater, the foreign
demand is not certain to continue.
The receipts from exports viii grow
less-and we will have passed our
golden time without profit and be
once more without the gold which
suatains our paper circulation. I'm.
certain values, timil capital, idle
workshops, and all the fmiliar con-
ditions Of depression, will once more
visit the land
Then will the greenbacler rise up
again aud demand bis thousands of
millions Of paper money, and all
who have been squeezed, all who
have speculateG wildly, ali who have
been dishoness and extravaganza, viii
gather under the banner which calls
for unlimited paper money. The
country followed the advice Of wise
men, based on the worlds eXper-
fence, up to n certain point; the re-
sumption act was reluctantly APP
proved and The demand for new
issues Of paper money vas refused.
This resulted i'll the appreciation Of
the greenbaci1 until it became equal
in value TO the gold on which it was
based. Prosperity again appeared
the idle workshops started up, the
timid capitalist again invested his
money and want and crime dimin-
ishod 1t is strange that, having
realized all that was promised, the
people should now be reluctant to
follow the wise men further. Men
who know best about these matters
Tell US that just as surely as the
IUduCtO dIt lCiU clitliCt "lOhc az
this time Of prosperity when we are
altogether able to retire our green
backs, Just 50 surely will our green
backs prove a curse. We have been
warned by those who have been true
prophets in the past, and it is stupid
to neglect the warning, Our !egis-
lators will take the popular side,
as Senator Carpenter has done, and
even the President was Weakened be-
cause his suggestion did not meet
with favor--but all the same John
Sherman is right and Senator Car
peuter is wrong We can only hope
that the country will not have to go
trough a terrible lesson to earn this.
A WAR with the Ute tribe CT In
dams ia Colorado is apparently in
eyitaDle. The Government Commits
sien, in session at Los Pinos, agreed
with Ouray, the head chief of the
tribe, that if those Utes Of theWhite
River Agency, who were immediate
ly responsible for and concerned in
the massacre of Major Thornourg
and Agent Hecker, should be given
up for trial. the Government would
be satisfied. Ouray, in accordance
with this agreement, visited the
White River Utes, to bring in the
guilty ones: but late advices are to
the effect that he failed to persuade
them 70 come in, and the prospect
is that the military arm of the Gov
crnment will have to be brought into
requisition to accomplish that which
the peace measures of the Govern
ments Indian Bureau have failed 10.
The guilty must be punished, and
there seems no escape from the ne
cessity Of war of determination
against the White River Utes, If not
the entire Ute tribe.
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