The semi-weekly miner. [volume] (Butte, Mont.) 1882-1886, 1882-12-27
I'm LATEST pHA0D OF I'm
SILVER QUD01Jo96.

"Bjll introduced-hy ut. Waite,
I-Rep, Conn, cpgovtding that no
further purchases Of silver shall BE
made by the Secretary II the Treasu-
~, nor standard silver dollars coined
until the number u such d0llaS,
whether the property Al the United
States, Of held f0r the redemption Of
silver certificates, shalt be reduced to
$5O. OM, MO."
Commenting upon the above the
AisieO Record Of the 18TH inst. Gays:
This Is the rcope Of . resojution pro-
passed In the House Of Rer esentatives
It Warrington on the nth icst., and
It means the demonstration Of oliver
BY the country which Is the chief
producer Of the metal, with the des-
truction Of nm industry upon whis.l'
depends the prosperity Of the people
Of the States Of Colombo and Nevada,
81 the Territories VI Montana and
Idaho, Utah. New Mexico aud Arr
IONA. He who does NOT zee alsd cOul-
psehend this must he set down
either ~ dOctrinaire utterly inn
psegnabIe 10 aught 81 reason which,
does not cs,nsort with his theories, or
utterly ldisd to stark-naked prol,-
abilities. With the death Of the In
dustry ~ silver mining In the broad
realm which, essentially .;k vivifles]
BY it At present, will he coupled dis
astrous consequences u the great
SUMS Of Eastern capital invested In
the Thousands of mikes Of railways
which thread Colombo and New
Mexico, Utah aud Montana, Idaho
and Arizona. Nor would the III con-
sequence enl there; the
many large businesses on this
side Of the Mississippi river
which are bound up directly and in
directly with the prosj Gritty II the
communities that have grown up IN
our vast scope Of mining territory
would be wounded unto death, and = !
serious blow would be given to that |
phentmcnal prosperity Of the An,eri-
en- people, due In no small degree to |
the silver mining industry In connee-
ton with the impetus given to rail-
way building BY that industry. But !
for silver minin. 4 wide part of the
national territory now threaded with
railways. and Inhabited by consider
able communities animated by many
Industrial forces which, day by day,
add incalculably to the general veal
and progress Of our people, would 1t
this time be mere waste uninhabsted
land"
No one who hes observed how init
n'ately every industry pursued in our
silver producing States and Terrific
sies h interviewer with that OF silver
can t5uthfully gain
nv the statement Of the Rcc0rsl'
II requires no states,,,anship tn ap-
prsciate the fact that an industry can
be seriously crippled by unfavoral.le
legislation and that hostile lexisla-
Ion will dest"y II. Mr.. Waite's
bill b deadly thrust at silver min
ing, and II It become y law will have
! disastrous efte't upon nearly every
promising silver mining community
n the West. Butte would he one Of
he nnt to suffer. Her silver output +!
which now Reaches nearly "r quite
|lOO, eM . week, would dscllnc next
o nothing, aud the cl:sng at the hun
lTetls IT busy stamps now heard IN
'ur nlisl~t would nc hmshed until
more favorable Legislation would set
llcsll gOing again. 1t II sincerely
,0pel the wisdOnn and intelligence
4 the H0usc will a,ssert itself and
'onsigu Mr.. Waite's bill to the dark
ut pigeD,l-hOle If the most retired ,
rOs,nl.