The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1893-03-02
FORM A SILVER TRUST.
Says Our Mineral Cores
pondent.
That Metal is His Topic
This Week.

1t is usual on the eve Of a great politi-
Cal change in the administration of ma
tional affairs that considerable speculation
be INDUCED in by the people, and such is
the chief topic of conversation at present |
in and about Mineral. In four days more
the democrats will be in power, and the |
principal questions are: What improve
ment are they going to make on the pres !
ent situation? What action will the re-
publicans take in the house and senate .?
What showing are the populists (barring
the Kansas war; going to make? Well,
every person who takes an interest in the
political situation seems to have theory
of their own.
We see of late great deal Of sympathy
expressed for Princess Kaiaulani on &C
count of losing her throne, TO which she
claims to be the rightful heir, all because
she spent four years at school (where at
her age she properly belonged) preparing
and fitting herself to rule the people of
the Sandwich Islands, but we see no word
of sympathy for the poor silver miner who
has spent from four to fourteen years de-
veloping his mine and preparing it to
produce, and after those long years Of pa
tient toll to find the product of his mine
demonetized and quoted at less than two
thirds of its former value. On every side
he is confronted by trusts, syndicates and
monopolies Every material he uses in
his mine and the clothes he wears are
handled by trusts and monopolies-all,
except what the poor mortgaged rancher
has in the way of provisions to sell. The
grand strides that were being made by the
poor immigrants that braved all the pri-
vations, hardships and dangers of crossing
the plains, often contending in life and
death struggles with the aboriginal tribes
| and in many instances reduced TO starva
lion and want, was too great reward tt
! be allowed to labor and industry. TIL,
bankers, brokers and capitalists of New
England and Europe saw that money wa
becoming too plentiful. If they allowed
L
n grip on the poor; that is, they could no
4 grind the poor to so great an extent as
money was scarce. To bring about thi
. end something had TO be done, and tha
=. something was accomplished by cunning
l. and chicanery in maneuvering bill
through the congress Of the United State
demonetizing silver. And yet the gree
y of the rich monopolists was not satisfied
= there must be more done in this same d
(, rcction. The next thing is the organic;
+. tion of extensive trusts and more sy
tematic establishment of railroad monol
" oles. All these schemes and moves ha
III for their object the lowering of the walt
D. of the product of labor in the silver min
10 and on the farms. Now is il not tim
~ after all this experience, that the silv
. producing states and territories commen
- and fight the devils with the same instr
ments of warfare that they have so di
st gently used to accomplish the ruin of OF
ne chief industry, viz, to organize one giga
~, tic silver trust, issue twenty or thirty-ye
" bonds secured by the properties of &
Ill silver-producing regions obtain the lowe
yh possible rate of interest, and in additi
nd to the security let every ounce of silv
of produced for the next ten twenty or thir
years be placed as security for the pa
ment of the principal and interest. Wit
hold all silver from the markets unit
common standard is established, say
'h- ratio of twenty to one, or one dollar "a
rs three cents per ounce, or even one dol
no per ounce of the pure metal. 1t wol
.ba only require short period of time I'll
the exorable law of supply and dema
% would begin to assert itself. Silver is n
used by more people and put TO more u
OF than ever before in the history of
an world. The copper producers took ST.
i've to protect their metal when it became Il
essary. The silver producers can do
same. All that is required is uni
W effort. Greater things can be accC
md plished than people sometimes think, ,
in Gould and a few others in Wall stl
to made corner on gold in 1869, brought
au the crisis known as Black Friday on
tember oath of that year, and clea
"o Sl1 10000 This we call brave,
IN speculation for a few men, by shire
ed. financlering,to to corner the gold of a nal
like ours The farmers alliance and
sed yer producers ought to go hand in ha
A organize for protection, be aggressiv
no,, well as defensive, then this great no
west would TEEN with wealth, tramps
VI -idlers would be unknown, everyone We
have plenty to eat, plenty to wear
,oot plenty TO do, and happiness and cont
,taa ment would reign supreme in every he
Mr.. w. H. Speeke has started a fore
'no miners to work on his Egan mines.
No deaths, births or marriages since
}. last.
,ore The glove contest only lasted t
rounds. MEMORABLE
wn?
and Go to Sommer & Sons one p
the store if you want the best value
tho laaet money