The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1885-07-09

AL OIuer paris Oh lnc county, uuu Is tuerb
usually attributed to over-production, but
how Is 1t possible to effect an overproduc.
ton OF gold and silver and other precious
metals for which the demand extends
into tie remotest corners OF the civilized
world. With hundreds Of millions Of
capital locked up in bank vaults at al
commercial centers, eagerly seeking OPP
portunities for investment at percent
per annum, it seems impossible to con-
vince theowners that there arc enterprises
hore in thegreat West that would employ
every dollar OF 1t for tho next twenty
years, and ultimately return four fold
profit.
Are the owners Of capital apprehcnsiye
that there may be too great an accumula-
ton OF wealth in this country? That idea
is preposterous. Until every man, woman
and child living on the face Of the earth
has every want supplied, and until the
mass Of mankind issurfeited with luxury,
such thing as too much wealth can never
be- Whntis 1t then that has caused this
lack OF confidence, this shrinking into its
shell OF frightenedcapital.
There Is no storm without. The politi-
cal akieB are. calm. There is no undercur-
rent OF revolution, no sectional animos'-
ties, no disturbing elements III the social
condition. All our people arc loyal, patri-
otto and intelligent, submitting cheerfully
TO changes in the personnel Of their
government, that would severely test the
strength OF any other nation. What then
ia the true cause OF the increasing distress
and old fashioned hard times that now,
atllict the country from center to circum.
terence. : IL
oVer.production cannot shoulder the
entire responsibility, neither can ne at.
tribute 1t TO recent political charges, for
have we not given the world another ex-
ample OF the stability OF the Republic by
quietly reinstating aparty In power whose
chief adherents twenty years ago We were
trying 10 shoot TO death with musketry.
Where then must we look for the evils
that appear 10 be eapping out vitality.
There arc many other important reas-
ons, but in my judgment the impairment
of. our prosperity Is partly caused by a
senseless anu unpfoftable conflict between
capital and labor, as applied to the EAT,
and an equally vicious and unjustifable
war between the advocates OF gold and
silver currency, asapplied to the West.
Let me consider the latter phase mo-
ment. The statistics recently furnished
byian officer OF the Interior Department
at Washington reveals the fact that dur.
ing tho past year the total product OF the
mines OF the United States was in round
Numbers, gold, $50, 900, 900; silver $40, 000,-
900. The aggregate production OF silver
only exceeded that OF gold $10,000,0O0,
and the combined production distri.
buted per capita among our population
would give each person only 10 cents in
gold and so cents IN silver. Now admit
ling the truth OF this statement does it
furnish any reason for tho gold adyocute
TO put on airs OF superiority, elevate their
noses and exclaim ~ am better than
thou" This is surely an idiotic conflict.
We produce both Of these metals, and
should use both as circulating
ugdIum. IL would be natural to
expect from England or Germany to make
some effort TO depreciate the value OF our
silver production, but there is no wisdom
in attempting to blacken our own eyes.
It would be equally sensible for Congress
to enact a law declaring that wheat alone
should be the staple article OF food in this
country, and that hereafter corn should
only be fed 10 hogs, as to attempt legisla-
ton discriminating against either gold or
silver. Colorado Is silver State and her
public men are going to protect her inter
ests, aud will see that there is no such
thing as aIistocratic money used as a cir
culating medium in democratic repub-
| lie. Our money, like our men, must have
eqnel rights, regardless Of color or previous
condition.
Inese matters Of capital and labor, and
OF gold and silver currency, will no doubt
soon adjust themselves under wise and
salutary laws, and then there will be no
more complaint OF hard times. We will
70 forward in our career OF prosperity, and
the coming generation will build up the
western hall OF our wonderful continent,
and populate 1t with a sturdy race OF
nountaineers and Pacific Slopers that will
be credit to the Nation.
With this hope 10 cheer aod encourage
us the few adventures from Wheeling
who have cast their lot in the "Wild
West" will go on with their developments,
and though for awhile We may lose our
dollars. we VII neve1 lose faith in the
future greatness OF the West, and Its ult.-
nate advancement to high and useful
destiny. s.
Of Arkansas, and remember having sung
its praises In the columns OF the lNTRL-
IIusScER. It appears that hot springs,
like prima dome, have their day. Ger
tainly tho beauties and virtues OF the
Arkansas Springs are eclipsed by the peer
less springs OF Poncha.
The latter are beyond all doubt in re-
spectt to climate, the efficacy OF its waters
aud surrounding scenery unsurpassed In
Europe or America. All they want here
Is inyalids, and when they come to know
oftha marvellous cures effected here the
inyallds will be ve'y sure 10 want the
springs, No one will be disappointed
who comes here in search Of health.
II is ca little rude yet, there being no
irstclass hotels, but they have o luxurious
bath house ut the Springs, and the hotels
will come later.
Imas here to-day an old Wheelinsito. q
former employa In the Belmont mill,
named James Pender. He has led a
checkered life in the West for over 20
years. Sometimes in the army fighting
indians, sometimes prospecting In the
mountains, now and then making lucky
strike only TO lose It oil again. AZ preaent