The semi-weekly miner. [volume] (Butte, Mont.) 1882-1886, 1885-10-21

0eu, the distance from marIats "e os'ul ~
neos sty OF irrigation go adds Is, dha +ha VI VI
s", ena5 settlement would ha dafe,,. =,
the ha.4 nes employ thousands Of mon
.ns osst paid labor in the worldYa,a ln., ,.,al
nome marketfor our farmers tharah1. Gn =
n..4s as profitable cultivation and s:ttla
ora -, VI ene country. It is fair to saw tha
not As aa cat tle, sheep and horse raising. d
onr n,; ;penu upon the successful WORKING q
! Terr;tnn1 puc tne grazing capacity of tn
f.ory Is limited, and the tendency !;
.or cattle to accumulate in the hands y, :
lew persons, principally because large herd
san De handled at less cost per head ths,
smAiI ones. Hence, if this was the onlv ~
HMuPa'on, M our population would he snail
Anousn the development of our onart
| ihlhes mas hardly commenced. thew nro
auced, as already shown, in the past twelv
em1on6ns, e1n, $2O, ,25O,OOO. OF this amonn
$4,000, 900 was e''"oon
ih all OF our silver, as it ia extracted fro,
Che ore, there is from 20 to IS per cent of Il,
gross value gold chemically combined with
II: Ohe-1ourth of the value of the product
Vi our copper mines is silver, chemical,
combined with the copper. Our lead woulc
nc not pay for the mining except for the silver
~ contains, and its uses in collecting The
silver and gold in the process of smelling
sur 81 copper mines at Butte, with owe,
$2,5OO, 900 in their works alone. are rarely
paying running expenses. A very little fnr
ther depreciation of their silver contents
ana That industry is ruined, and tn ousands
VI men thrown out OF employment.
What Is true with us, in regard to silver
and Its connected and dependent interests
IL largely true OF all other mineral Droduc.
ing Territories and States. Destroy sill.
yer or which is the same thing. ston
It's being mined, by little fur
ther depreciation, and the direct loss will
reach at least $lOO, 900, 900 per annum, in
metals and other interests depending upon
1t. 70 see this industry, upon which SO
much depends, decried, discouraged and
threatened by our own people and neighbors,
Is most unreasonable and unjust. Itseems
to me tAat the Fast should at least treat
the metal upon which our very existence
depends, as well and with the same consid-
Grafton that other peoples OF the earth do.
lhe most thrifty nations of Europe
France, Belgium and Holland-give it a.
greater legal tender valuation by over 3
per cent. than our Government does, and
although they are purchasers and impor-
ters OF silver, they have continued it's use
as legal tender money, until each indi-
vlduai inhabitant has about three and
one-half times as much as each individual
lnhabitant OF the United States. They have
from $l2 to $14 per capita; we only 1915.
We not only produce what we use as
money, but good portion OF that pur-
chased and used by them. We produce'45
per cent. OF all that is produced in the
world. The present coinage only adds
about 40 cents per capita per annum, hay
Ing only about 1915 per head; it would re-
4uire at least twenty-five years to coin the
same amount per head OF our population,
rs they have; and require from twelve to
fourteen years to get an amount equal to
chat held and owned by France alone. Is
t then unreasonable to ask for our people
that the Government continue to coin sill
YER until the amount equals that held by
other commercial nations? Silver has
1een used rs money from time immemorial.
The Government could at least give a
reasonably fair trial by continuing it's coin
lge until our people get as much as other
nations nave pc. capita, and
hen, it would seem to me, is time enough
20 think OF stopping it's use as. a currency.
WHY WE ASK IT.
We ask it, not alone because it's stopp3ge
would he disastrous to this and to other
territories Inevitably if the country that
actor it will depreciate to a fatal point)
nd seriouly effect the adjoining States, but |
he great majority of the people
+ the United State would be in
lred thereby. Certainly, to destroy a
art OF our currency, would greatly increase
he purchasing power OF the remainder,
hereby enhancing gold, proportionally re-
ucing the price OF all commodities
nd greatly and directly injuring |
he debtor class OF the Nation.
% me, this result - enhancing the
alue of gold-is the moving object and
ause OF the existing organized war on
liver. Gold, or a great portion OF it, is
objected and held by few selfish indvid
ais, and if they can succeed in destroying
liver as a legal tender money (Which would
top the product OF the metaD they would
nen add in value about 20 per cent. to
1eir boarded gold. l do not mean to say
1at these are the only persons who are
pposing the further coinage OF silver:
evertheless, they are the moving power and
ave organized a war against it to "bear"
nd destroy it. They are predicting dire
isaster from the continued coinage claiming
lat it will bankrupt the Government,
ood the country, by making it dumping
'ound for silver, drain the country OF
DID," etc., ETC., and this, in the face OF the
cts, that the most prosperous nations
Europe have from three to five times the
liver that there is in the United States.
rance, with three times as much, having
nported the past ten years over three
undred millions OF gold more than they
lported The best banks OF the world
ave from fifty to sixty per cent. (taken
,gether) OF their reserve in silver, and
re pros perous with their stock selling at
large premium. After seven years OF con-
nued coinage, we are exporting more sill
er than importing, and importing more.
I'D now than exporting. Once the "bear
owl" is stopped-made to control leslsla-
O., to the end named-there will be no
ouble in absorbing the coinage. In behalf
our people, beseech the Government to
,ntinue the coinage OF silver, and to use
portion of the profit accruing thereby, in
stributing it throughout the West, where
know it is needed. The Government, In
most the exclusive interests OF the people
one portion of our country, compels our
,ople TO pay burdensome protective tar
on the iron and manufactured articles
that section. They cannot, in equity
I'd will not object to 50 reasonable re
lest. | remain very respectfully,
Your obedient servant,
S. Z. HAUsER, Governor.