The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1890-11-28

~ months only two or three boat loads 81
hem had beon captured. To enforcs the
exclusion ct he RECOMMENDED The building
q Two steam launches which could make
. least hfteen miles IN hour. OF his
tnlfty-six deputy collectors only eight or
ZEN are available for watching against the
smuggling OF Chinese across the border.
Mr.. Wood said he should have It least
sixty deputies.
Judge swan recommended the cutting
on OF the pig tails Of the Chinese Who are
caught trying to get across the border.
Otner suggestions were made to the effect
that they % imprisoned. At present they
suner no penalty, but often their passage
BACK 70 China is paid by the government.
% tnat those who are ready to return fire.
quentiy pretend to smuggle themselves
across the border IN order to GET sent 70
china frse OF cost Mr.. Wood believed
tnat each Chinaman now in this country
should Be provided With Q certificate. and
those who cannot. after the certificates are
delivered, show one should be sent avay.
Mr.. G. l. Hathaway, OF Denver, Is at the
Rainier hotel Mr.. Hathaway. Who is one
OF the early Denver settlers, and who has
had considerable to do with Colorado mines.
Is now interested In the cour d. Alene
mines. He has made several trips through
TINS state. and is pretty well acquainted
with II. I'm great believer in Washing
tons said he last evening "You have
nne resources and . magnificent future BE-
fore you.
Yes. - mining man have been in.
terested In watching financial legislation.
Toe silver bill recently passed by congress-
has had . wonderful effect in stimulating
silver mining, and has led to the working
OF many mines which before could not be
prodtably worked. The rise in the prics of
silver OF course made it pay Us to get out
silver ores which were really not worth
bothering with before the bill passed.
Then. too, the ruling OF the secretary of
the treasury By which lead ore from Mex
leo 70 no longer admitted free has been
great boon to the galena mines, so the
working Of silver-load ores has received
great impetus.
90 not think. however. that under this
silver bill silver viii rise to SLID an ounce.
az which point free coinage is to begin.
Iou remember that silver went up to ST. 20
ana over. but has since fallen again. The
trouble 10 that this bill treats silver not Is
- coin, but - commodity. When it is
treated - commodity the spectators
handle 1t and make combinations TO raise
or lower the price in order to make profit.
II the United States should pass . free
coinage bill. treating silver as gold is
treated, then believe silver would have .
stable value and . proper one.
4 do not assent TO the theory that free
coinage would not raise the price of silver
permanently to $l.29. Those who hold this
belief, or profess to hold it, are the mono
metallists. They say that the supply of
silver IL 30 great that. were the price raised
to 81 % an ounce by free coinage, the infe-
rior grades of ore would Immediately be
worked and food of silver poured on the
market which would force the price of sil-
yer down again. / maintain that such q
theory - that cannot be proved, in other
words, that It il mere theory. The sup
ply Of silver is not unlimited. It can only
|; be found in places difficult of access. and
the processes Of mining and reducing it
are expensive and require high degree of
technical knowledge and skill.
"Besides this, you must remember that
the use Of silver in the arts is continually
growing Where one family used silver on
the table thirty years ago one hundred
families use it now. The amount of silver
consumed In manufacturing articles of or
nament II larger each year. And the
. greater the amount in use the greater the
loss from wear and abrasion.
ssThen, too, India and China are grave
yards for silver. The white metal is the
circulating medium there, and when a la
borer has saved up little be banks it by
burylng it or making some article Of per-
sonal adornment In this way India and
China use up enormous amounts of silver,
and will continue 90 70 do. Indeed, EGG
lands object is to keep silver down so that
she can buy it cheaply from us. coin it into
rupees and then employ it in her Indian
trade. The lower the price OF silver bull
lion. the more she makes by coming it into
rupees.
'But sum II all up. ! believe that the
market for silver Is SO large that should
our country begin coming il freely it would
90 mp to $L29. and the supply 10 so limited
that the market could not be flooded. Ev-
erybody would Be benefited by the increase
in the circulating medium, for the farmers
wheat and other agricultural products
would 20 mp, and cotton. too, would bring
more 90 you see believe in free coinage,
but not In the present bill. which makes
silver,a commodity.
Mr.. and Mrs. G. l. Dahler, of Helena,
are 1t the Rainier hotel. Mr.. Dahler is .
Montana pioneer, having come to Helena
in 1866 II had previously been interested
in Colorado Mines" said he, "but then
the Montana fever broke out; caught it,
and went TO Helena At present am in
terested in gold mining / have not found
that the silver legislation Of congress has
affected that business noticeably, though it
has sharpened the activity of the silver
miners about Butte and elsewhere. For
example, the silver bill and the treasury
ruling In lead ore have SO in
creased the prices Of those ores
that in one gaiena mine in
which am interested the ore is now worth
$500 or 800 more carload. That you see
could make il profitable to handle much
lower grades OF ores. and mines which it
used barely to pay to operate have become
. source of wealth. 1t is but natural then
that the silver MINERS should 90 to their
work with renewed activity.
IL do not believe. however. that the pres.
emit silver bill will ever bring silver up TO
$i.29 an ounce, the point at which free
coinage is to begin, nor do believe that
free silver coinage would hold silver up to
x1.29. Causes are at work more powerful
than any enactment Of congress. When
the present bill was passed silver went up
from 81 cents an ounce as high as 81. 20
and fortunes were made. But the price has
since fallen steadily and now it is down to
slO4. 1t has been even lower. My opin-
-. = shas shn supplv of efivey il AZ, Il POE