The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1892-09-21
ALL ABOUT COLORADO.
Interesting Information From a
Gentleman Who is Posted.
The STATE WILL 60 REPUBLICAN.
An Interview With Colorado Silver
Miner-what is Thought of the
silver ouestion..The Political Stu
alton in che Centennial state.Re-
sources and Industries.


West virginians in the ownership of
the Happy Thought Mine" at creede.
Colorado, returned on Saturday last
from a visit OF inspection to the pro-
perty of the company, and being met
by a reporter OF the INTELLIaEScER, was
asked his opinion of the industrial aud
political condition OF affairs in the great
silver state.
In reply the Major said, ITO give you
an intelligent and comprehensive an
swer to your question would require a
special edition OF the iNrELLIdEScER
The people OF Colorado are principally
engaged in the mining industry, that is
to say, possessing great natural re-
sources in gold, silver. lead, copper
iron, coal and other valuable minerals,
the labor and capital OF the state are
chiefly devoted to the development and
operation OF the mines, and to smelling
and refining their products. Statistics
show gradual and healthy growth OF
other industries, such as farming, stock
raising and manufacturing, but the ex-
traction of precious ores from the great
fissure and blanket veins that abound
in the mountain regions, always has
and always will form the leading indus
try of the people OF Colorado. Hun
dreds OF millions of foreign and domes-
tic capital is invested in these mining
properties, and Notwithstanding the
apparent low price OF silver, English
capitalists still have representatives in
ali the progressive camps, ready to
plank down their bright yellow British
gold for a good American white silver
mine"
allow do you account for the depreci-
alton in'the value OF silverY
81 do not believe that silver has de.
preciated at all Since the practical
demonstration OF the white metal In
1873 all values have necessarily been
based on the single standard OF gold.
Therefore gold has appreciated cor
respondingly. Silver has not gone down,
but gold has gone up. The cost OF pro-
ducing silver is Just as great now as
ever, and all the talk about overpro-
duction is
ARRAHT NONSENSE.
Ever since 1873, when Congress placed
silver on a par with pig-metal and lead,
it has taken care of itself. OF course it
fluctuated somewhat in price, so has
wheat and corn and cotton and other
natural products, but it has always
ranked next to gold, and always will,
whether the nations use it as money
metal or not Every year the consump-
tion of silver in the arts and manu-
features increases, and under no cir
cumstances will its value be perma-
nently deprecated or destroyed. II
such a thing should happen it would
precipitate q worldwide financial CO.
tastrophe, for the suspension OF silver
mines would result in largely dimin-
ished production OF gold and disas-
trous shrinkage OF the circulating me.
dunn of all countries. The reason OF
this ia that we can no longer mine gold
to any great extent in its pure state,
but find it mostly associated with silver
and galena ores, and decrease OF sill
yer production necessitates a CORE.
spending decrease Of gold production.
DO you believe that the price OF agrl-
cultural products is affected by the tiuc'
tuations OF the silver market"
at is difficult to explain precisely
why this should be so, but careful
observation Of the prices OF wheat and
cotton for the past 20 years proves con-
clusiyely that an occult sympathy exists
between these great staples and silver.
It appears the price Of silver to a GER
tain extent
REGULATES THE PRICE
OF these commodities. At any rate it is
an invariable rule that a rise or fall in
the price Of silver is attended by cor
responding movement in the wheat and
cotton markets. Just now all three
products are at low ebb, but condi.
tions are rapidly changing at home and
abroad, and miners, farmers and plant,
ers may take their innings very soon"
"Do you believe the free coinage OF
silver would add to the general pros
perity OF the country"
mo. Free coinage without the CO.
operation OF European nations would
be detrimental to our interests, l am
opposed to unlimited free coinage at
present. 1t is necessary the approach
ing international monetary convention
shall first assemble and that the United
States have representatives in that con-
vention who are able financiers and ca
pable OF convincing foreign governments
that silver decentralization is
AN UXMIxED EVIL
to the civilized world. In other words,
] believe the question should be treated
Just as We treat the tariff and other
grave and vital issues. 1t should be
agitated, investigated in all its bearings,
analyzed and carefully dissected before
any permanent policy is adopted. We
possess wonderful mineral resources in
our western states and territories, and
/ think the politicians and financiers Of
the world will sooner or later agree with
the Almighty that these treasures were
deposited there for some good and wise
"What is the political outlook in Col
orado with reference to the coming
presidential eection?"
"Dpredict that Colorado will cast her
electoral vote for Harrison and Reid.
Shortly after the adjournment Of the
national conventions the adherents OF
both parties in Colorado were dis
gruntled and dissatisfied, believing that
both Harrison and Cleveland were
hostile to the best interests OF their
state and section. The leading Demo-
cratic paper, the Rocky Mountain NsES,
edited by Hon. Tom Patterson, one Of
the most influential supporters of that
party in the west, boldly and detiantly
REpUDrArED CLEVELAND
and Democracy, and has accordingly