Arizona weekly citizen., 1883-11-17
4 Purbllnd Opposition to Silver Mo-

"
 ney.
 ! lFrom the San Francisco Mining Exehanse.l The Bsotisn bourbonism oi the Ess'- 1 ern press ID it's opposition to the stand ard dollar together with the downright l venality with which its voice has been ! sold tl certain moneyed classes on tn | Atlantic seaboard ln all monetary que | tons, passes all understanding. BU i once more We must say To the West aus | South, that, stupid and III jndged iron the point of sight even Of self-interest or the part Of the very men who are benin, | this WAT against the further cOinag standard collars, they form a powerful ceaseIessly active. compact body mel. substantially controlling the daily pres, at all the commercial ceuters with mos
 o' the leading pub ic men, Of both polltI- cil parues in the East, and theii iuhexlbls purpose IS to ei set silver iron the pl ce given tt lu the Constitution of ! the United States, as a full legal-tendeI money metal cOequaiiy with gold. In power of such men over the government therefore is immense. Their inhuenc, over legislation is to be dreaded fsi
 more than IS done, We fear. and may b' ! apparent some day when altogether Go, ] te To unde-ste tLe danger there i, tn { Congress may be captured by thes, men as tue Executive b auch cf tLt
 G1vernuen mt has been, IS peril0us. They are getting ready a Trojan rse
 to be sed upon tue next Congress.
 namely, the idea that the further com l age of silver must he suspended as 6
 means of forcing England ss We'll as th, other commercial States of Europe to
 en CT into an international and b-
 metallic arran cement. The immediate
 inevitable effect of such suspension by
 The country that now produces annualy
 more than fifty Der cent of all the silver
 output or the mines of the world would
 be to make lrremed ably permanent the preseHt depreciation of ,h-t metal as commodity.
 Shouid silver be thus perman ntl,
 ieprec.at5d and iu effect degraded from
 he rank ol a money metal, as would be the actual result, the disas rous conse- queuces would very far from terminate
 " rl those imm. diately interested or
 engaged in silver mmmz. To a great 
 extent would loss be inflicted upon the
 stockholders of such enterprises as the
 Atchisou, Topeka aud Santa Fe Rail
 road, the southern Pacific, the Atlantic
 and Pa ili., the Denver and Rio Grand-, the Utah N rthern and indeed all the
 railroad that are operated within the States of California, Colorado and Nevada; and the Territ ries of Ari- zona, Utah, New Mexico, I'd .ho and M ntana.
 And those who supply the mills and furnaces for reduci ing silver ore with all 1 complicated, costly machinery for work | ing silver mines, should come to thor l oughly understand that if silver Is to be ! de-radei from the rank of a money l metal the mining of i will speedily | cease to bs profitable except in a few | rare instances, and therefore must soon. ! cease to be Gn important source of d. ! maud upon tue mechanical and indus trial resources Of the country such as il i has been ever since 1878.
 Tn in-, our merchants generally will | do well to comprehend the stimulatin. bushes effects which tue building of snch places as Leadville with the grsgaticn Ht such points as Leadvillt aud BIlie, Montana. of many thousards of consumers of their wares, has had and mus continue Go have much greater than that which must bave occurred had the number of persons remained scat tered as they were previously i1 SO many nuudie is of separate local tses. We call on all canj1i minds Co ponder tbe econ omic influences and iuuumerable busi- ness activities which w-re set m motion throughout the country five ears ago by the sudden transfer of pop Ei.tiou to fine silver mining rrg!ons of California, Arizona, Montana aud New leuco aud then reflect what must be the economic and industrial results to ! our people. should silver, which has ez- -rcised a commercial influence so highly , favorable 70 SO many interests other than that of mining, crme to bsdeclsred .y C1ugr ss, a7 oar mouied classes de- gre, no longer fl for money purpos- .s.
 The mischievous pecuniary couse- Iueuces or -Le D rmaoeut degradation , fsilver from Its present rank in tbi- 2 'nuutry as a money metIl, cannot pos. 1biy bee exaggerated. And in our be | let, among tuose wio would suffer most rom such 8 suicijel measure on the ' part Of tL.s country, vouI be the bank 'rs and capitalists vho sfupidiy work Co q Gat cad wita alI the prrvrr-e as-i iGmty - int coDstaIcy of cor tirmei higutry which Invests them vlt1 force that We 'e beat ls nNspe@lv,4.V lqurerDua