Elmore bulletin. [volume] (Rocky Bar, Idaho) 1889-1906, 1892-10-23

A special from New York to the
Denver News says:
Word was received BY a gentleman
in this city week ago that the price
OF silver would advance. II was sug-
gested by Wall street broker 10 the
Republican national executive com
mittee that il would require but very
small sum Of money to control all the
silver bullion on the New York market,
and that ii the money could be ad
vanced by the national committee
they could obtain control of all the
silver and thereby make the govern
ment pay higher price for every
ounce bought between now and cleo
ton day, and that the secretary OF the
treasury would have no objection to
paying higher price from time to
time for the amount he is by law re-
quired to purchase between now and
election, knowing that in doing so he
was assisting the Republican national
committee to hoodwink the people of
the west into the belief that the price
was advancing legitimately, and there
by Harrison would secure the votes OF
some of the silver states.
TO FOOL THE MIXERS.
1t is confidently asserted by the
Republican national committee that i
silver should advance, the miners o
silver States would vote for Harrison
The action Of members OF this com
mit:ee has been watched in New Yorl
for the past week, the result bcinl
that TIE number Of silver bullio
certificates purchased proves the COZ
rectness OF the information OF wee
ago.
That this great conspiracy may |
: understood fully by every reader Of Il
News, will detail the method
purchase and sale of silver bullio
The refined silver bullion is kept
90 vaults in the banks Of New Yor
Each bank issues certificate or I
- ceipt showing that IL has in its pc
- session so many hundred thousaI
- ounces OF fine silver. These certi
- Gates or receipts are then bought al
~ sold by persons dealing in s.lv'
ov exactly the same as warehouse receiI
are bought and sold on wheat or co
in storehouses or elevators, there
INV enabling the public to luy or sell
sa- any time and only put up D per ceI
'ary Of the market value Of the silver
per security TO secure The other 95 +
cent. OF the purchase price.
I Isss TO CORNER THE MARKET.
h by, BY this means il will be seen til
{ % TO get control Of the 5000, 900 ounc
now held by banks, it would requi
en- en-. less than $4,000. When once 1
' Republican committee or its broke
ON ~ had control OF all these certificates
Just receipts, they will refuse to sell I
liver government only NJ an alvanc,
Tor price. and by selling little at tin
"a advance The price gradually, as
e ,ps would not do to jump it up too 81
; As denly. otherwise the people of I
lSsy west would Immediately discover {
and reason for the sudden change, and 4
,.,s ~ covery would be disastrous to the ,
erica ject in view. Another manner VI
Ae's which TO accomplish this result is
the the agents or brokers ef the Repui
sha can committee To buy limit
": il amount OF the certificates or receil
args at time and hold what they b,
eisc. thereby making liver lit:le scar,
men, from day To day, and in so doing
: be vance the price in proportion 10
aisly number of ounces they lock up.
IONS, have this information direct from
aen' heart of this conspiracy and the pr
ppis, Of silver the past few days tells
FAR LA.