Mohave County miner., 1892-09-03
ANATIONAL CRIME.
Evil Effects Of the De-
mOnetizatiOn OfSilver.
An Old Miners Views on the
Subject.

Gentlemen, the fight 10 on and here j,
a volunteer. am going to try to te l
you how this silver question looks to q
man who has put in the past 22 year,
polishing up the head OF q drill, and
kicking bnrro over the mountains and
deserts IN search OF minerals. My efforts
may lack The polish that collegiate
course would naturally give to them,
and they may also be lacking in tina,
suaviiy born of frequent electioneerins
trips in search OF office, but in compen.
sation for such lackings will be in
earnest, the same kind Of earnestness
that is felt by the householder after on
tertaining bnryler unawares. I will
give you plain statement OF the case,
from the standpoint OF the miner, pros.
pector and chlorider. THIS is ho~ she
looks: In the first place what il money
Money is the yardstick by which we
measure values, and it is just AS foolish
to talk Of The scarcity Of money rs it
would be to talk Of a scarcity Of yard
sticks, and il il ~ reasonable to decree
that all yardsticks shall be made Of jack
oak as IL Is to say that all money shall be
OF gold; il is the labor stored in pro-
duet or that can be realized from q
product that gives il value that is real.
II man writes book which he sells for
70 cents per copy, and buys potatoes and
clothing with the money received, it is
the book, potatoes and clothing that have
the valne, not the % cent pieces that
have acted the part OF yardsticks and
N ,de thee exchanges, and any dollar
is an honest dollar that acts as such
medium Of exchange. which the silver
dollar has always done.
The coal miner goes hungry in Penn
sylgania; the great nsportation lines
are slack. and idle operatives are hungry
AID cold. while Iowa farmers burn corn
for iuel, each has what the other wants
bu, they cannot exchange. Why? They
tell us there is no money it is all locked
up. In other words there is nothing to
measure their relative values with and
the distance is too great for them to meet
face TO face and trade, and as most Of the
jAck oak is in few hands, such holders
can demand corn at half price from
Iowa and sell il for twice its value for
Pennsylvania coal. They own the yard
sticks and do the measuring, and
miners who can furnish material TO break
this corner in yardsticks, and are willing
10 furnish it for coal. corn and clothes
are told that silver has shrunk aud won't
do TO measure with. And when We ask
how has it shrunk? the gold bugs wave
'eir jeweled hands and say: "Oh, you
fellows don't understand finance. Wen
fix it all right. Gold is the only stable
AMI that in the face Of the tact,
that since 1873, nearly every article Of
general use has decreased about 10 per
cent. as measured by gold. while silver
has kept pace with them. Gold has
risen because there is not enough OF it to
measure the business OF gold countries
by. There is scarcity Of jack oak.
What will be the result if these gold
work out their theory to
The logical conclusion, that is. reduce the
whole world to gold basis. II placing l-5
3f the world Of trade on q gold basin
nd keeping silver as an auxiliary instead
= an 'isl, has given every creditor
II 80 for $l.oy, low will it be with the
whole world in the golL pool. 1t simply
means that our millionaires will d. bill
Iionaires and the people as whole will
be just that much the poorer, and am
almost persuaded that il We here, who
hold the key to the situation. allow our.
selves 70 be blinded by partisan war
cries, or worse still obey the behests Of
political bosses, whom ia our hearts We
know to be in the gold bug pay, then We
will richly deserve the serfdon that will
be our sure heretage.
Austria is making an abortive attempt
ss specia resumption and DIR. Stienbeck.
their treasury officer, tells them that it
will have to be deferred for a time, as he
has not yet the necessary amount Of gold,
some 7OO,OOO,O 900 forms; and We are
treated TO the spectacle Of red hot gold
country that is only waiting to food our
markets with cheap silver, doing business
on paper based on the aforesaid cheap
silver which comprises nearly oil their
available assets and Is half their cur