Elmore bulletin. [volume] (Rocky Bar, Idaho) 1889-1906, 1890-10-25
THE NEW CONSPIRACY AGAINST
SILVER.

ut was generally supposed-and
especially by the goed-natured people
AZ the west---that when the new silver
bill was passed the conspiracy against
silver would end. But in this, as well
as in many other things, the West is
mistaken; for the animus OF the gold
bugs is by no means exhausted. 1t is
true, on the passage Of the silver bill
that silver took considerable OF a raise,
and when the first purchases OF silver
were made il took a still further rise,
until il reached the figure OF vi 81 per
ounce. This price was brief, because
then the gold bugs made new com
bine against silver in New York and
refused To either trade IN the "stuff" as
they call il, or TO loan money upon IL.
Into this combine went q large num-
Der OF the Trust Companies, many OF
the banks and some of the brokers
The result has been that silver, which
is in reality one Of the best securities.
has been 'boycotted' To speak
and these conspiring mouied institu.
tions have loaned their money on all
kinds Of trashy stocks owned aud con
trolled by oliques, but with silver they
have done everything in their power
10 destroy its value. The English con.
spirators Of course have joined with
those in New York and have marked
the price OF the white metal down in
England, More than that. they have
published and republished all sorts OF
lies against silver, TO frighten the ig-
norant and timid. Money has been
made scarce. il has been stated no
more silver was wanted for India, that
there were untold millions stacked up
around the smelters, that Mexico and
the South American States we're going
10 food us with silver, that it is worth
no more today than it was year ago,
that the Secretary OF the Treasury
would buy silver when he pleased and
at what price he pleased. No state
ment has been too audacious for this
'cabap against silver. No lie has been
too nionstrous 10 forge.
"Now, as an Offset against this new
conspiracy. which in New York is 30
hydra.headed, The Silver Dollar has
this to say 10 the friends of silver
10 the United States aud especially in
the west and south. First, TO the press
OF these sections: Call attention TO
this new conspiracy and arouse your
people TO action against it, for this
new conspiracy not only is again rob-
hing the silver miners, but also the
wheat and cotton growers. In fact
there is no interest that 10 not damaged
by il except the Shylocks who are de-
pressing all values in order to enrich
themselves by their bonds, mortgages
and loans. Second, The Silver Dollar
would suggest to the banks and brok'
ers OF the west and south to make an
investigation OF these things for them
selves in New York, and as custodians
OF the money and interests OF the peo-
pie in their sections 10 Withdraw their
accounts from every institution in New
York that has thus conspired against
silver and 10 place their monies and
their business with banks and brokers
friendly to silver. Third, The Silver
Dollar would sugges. to every friend
OF silver in the west ard south Ia
withdraw their accounts from every
bank that con iinues TO do business
with institutions in New York who
are using their money and their in
fiuence TO destroy silver. The editor
of the Silver Dollar has just spent
several days in New York. investigat-
ing this subject and consequently this
report is not from hearsay.
Secretary Window seems also 10 be
badly afflicted WITH the gold bug fever.
lie always had il and IL is now chronic
with him. lie buys just as little silver
az possible and that at the lowest pos
sibie figure. II he were truly loyal TO
the cause Of the people and had the
slightest comprehension of his great
and important trust, he would not
only buy his four and hall millions
per month but he would buy the few
millions OF surplus silver in New York
with which tha conspirators continu-
ally hammer the market. The peo-
pie all oyer the country are begging
for more money to carry on their bust
ness affairs. THIS silver, were il pur-
chased for silver certificates, would re-
lieye the monetary stringency 10 that
extent. take the little surplus of the
market and raise the price Of silver 10
= par with gold. Mr.. Window has
this power. How does he exercise itY
Let us see 1t is his custom 10 pur.
chase silver on Mondays, Wednesdays
snd Fridays OF each week. He pur-
chases usually upon these days $4,000
ounces, and this repeated for twelve