Wood River times. [volume] (Hailey, Idaho) 1882-1915, 1893-07-03

There is q vast region Of countr,
about 25O miles square forming tn.
basin Of the Salmon River, having
great resources in mines, timber anc
agricultural capabilities. that is ab.
solutely destitute of railso. d facilities
and I believe that unlimited wealth
awaits the man or company who will
open il up with . railroad, Ill the
Denver & Rio Grsnde in Colorado
Speaking of mineral resources 70.
minds me that Idaho abounds in
mineral wealth. To tho west 10 the
Owyhee region arc tha celebrated
DeLsmar and other groups of mines
which have produced At rough e..
innate, over City millions in gold and
silver ore, and are still producing i'm.
mcnsely.
In tho Wood River country. in the
centred part OF the state, are numbe,
of mines which have produced milliora
in silver aud lead.
Further north in the great water.
she'd Of Salmon River. tho whole
country for hundreds Of miles i,
honeyoe mbed with gold and silve,
mines, while TO the far north in the
C9ur o'Alene country aye probabl,
the greatest silver bearing galena
mine. in the United S,at.s at tn.
present time.
In common with the inhabitants OF
all other silver producing states, We
cannot help drprccating the ex' raord
mary, and what appears TO US to BE-
the unreasonable hostility to silver
which has arts. n within the pas,
twenty years. 1t is a fact which il
generally known seems to be persist
emily overlooked by the enemies OF
silver, that up to the time that it was
! demonetized in 1878 the mark,
value of the natal in a silver dollar
WAS great than in g I'D dollar; and
further, that during all the time from
1910 until 1873 the ratio between IN.
two metals never nuctnnt-d more tina,
from 10 40 t, Is 90 to /. The cru.acl.
against silver Germs to have hc. n j."
Angu'ated in Germany, just after the
Fra"co-Prnss'a" war IF 1870, presu,n.
ably to make moro burdens ONE III
dreadful trinute that WAS exact-c
from the French people BY their con
querors. ether governments, includ
.ng our own, followed the bad TX
ample thus set without any popular
''iscusso" of the subject, aud WITHOUT
any demand for such legi.Ia,i, n, O
an apparent realization OF its f.,
reaching and direful effects. 1t is the
fashion to attribute the presen, 10,
and declining price of silver to over
production, snoring the effect of il,
characterization. but in view OF tn
fact ,hst it maintained IT'S parity witt
gold from the DAYS Of Abraham, (~ho
Is said in the Bible t. hav. "yr-a
wealth in silv-r"J until 1873 in spit,
Of the enormous production Of the
m'"es Of Spain IN the days ut IL.
Roman Empire, OF Peru and oth.,
South American countri.s in the da.s
Of the Spanish domination; aud Of
Mexico in the early part of the pres
e"t century. While It began to de.
cline imne diatrly after it WAS de.
mone,ized and has kept steadily de,
cli"ing ever since. cannot help con
Glazing that the demon tix.rs ale t..
b ane for its depreciation.
The fact being established tina,
characterization was followed nv de,
probation, it Is reasonable to con.
cluie that RECOMMENDATION would be-
followed by appr-c,~t"". Tha, is
the fundamental maxim upon which
rests the faith Of those who Gema, d
the remone,iz,ti n Of silver, and tina,
il is true is sttrs,ed by the history Of
money from the earliest per Cd to the
present time.
| Tread n synopsis Of aspeech by Mr.
Gladstone, recently made in the Bril-,
ish Parliament, giving his reasons fo
being in favor Of monometsllisn,, an
simmered dowa to . point il seem~t
TO amount to nothing moro than tina
the demonstration Of silver would h
hardship to those Who had lent thei
money out expecting TO be- repaid il