Southwest-sentinel. [volume] (Silver City, N.M.) 1883-189?, 1894-11-06


cause Il Affects my section OF the country
% seriously I have grasped with pleasure.
this opportunity 10 show you what mono
motalhsm means to the great west
. . = .
Il is n fact that eastern people know
but little or nothing Of what the cost Of
producing silver really is. Most every
man you meet out horein the east thinks
that every pfospector and miner 10 the
west isa bonanza kiug,' when the truth
IL they are everything else but bonanza
kiugs.7 To arrive at The cost Of silver il
is grossly unfair TO accept rs a criterion
the cost OF production In some phenom.
enally rich mine, such rs the Mollie
Gibson, for instance.
II the people Of the east would take
into consideration the fact that there
are thousands Of miues running at a loss
where there is ono that is producing sill
yer at a profit, and thousands OF pros
pectors who iMl to find anything where
one is successful, thoy would find that
the cost far exceeds the present marke,
price. Week before last the miners at
Aspen, the greatest ilver-producing dis.
trict in Colorado, forwarded a memorial
to congress, showing that tho actual cost
Of producing an ounce OF silver IN that
camp was s1O2H. And Aspen Is The
homo OF the Mollie Gibson, too. An
eastern paper recently quoted the IA.
nous Bimesalic nine in Montana, which
has paid s2,3J0,OW in dividends, hs yield
ing the white metal at the low cost Of {
cents. The paper deliberately SAID what
IL know was not so, for Superintendent
J. B. Risque, Of the Old Abe mine, o.
White Oaks, N. NJ, who for six years hac
the management Of the Bimetallic, hal
stated that the actual cost was GO cont
per ounce.
The trouble about the depreciation o
silver carrles with it fatal, results for The
other Industries Of the mining region
The crisis OF to-day has brought with j
a sad state OF affairs TO the door OF the
wool producer Of New Mexico, who car
not sell his wool at any price, because
the moneyed people do not want to in
vest their money on anything to-day
and the result OF it is that the people il
that Territory who pursue tho sheep
raising industry have to keep at homl
their wool aud await with patience bot
ter times TO dispose Of it.
The same may be SAID OF tho live stool
business and the raising OF corn an'
wheat. aud so it is, that il silver is de
preciated and finally demonetized, it i
not only the miner OF prospector tina
suffers by it, but the other industrie
get as badly crippled, and Consequent.
the farmer and the sheep raiser, tn
cattle nan, the gardener aud the wag
Garner Will all suffer alike in this none
tary revolution.
It Is a sad picture, Mr.. Speaker, th
one that thousands and thousands O
our American brothers present today il
the west, people who went there wit
the hope OF making an honest hyelihooI
by extracting from the bowels OF tn
earth the precious metals, but who to d
that had constantly to battle not onl,
with the rigid weather of a mountain
GUS country, but also with the savag
Indians on one hand and the bandi
that always inhabits the frontier sec
tioLs on the other hand; and just whe,
these people had begun to get acclimat
cd aud to know the country and TO bull
up their little homes, hero come a few
men who have enjoyed the comforts @
civilization and all kinds Of Injuries i
the east and raise a howl that bring
misery TO the west, the cry that silver b
demonetized and that gold shall contin
no the sole standard Of American mon
ey.
Can it be possible that this angus
body will acoedo TO the request of tn
gold bugs, or that the lips OF the Amer
can miner will forever kiss the robe
lmpostor's handP
AS a poet recently exclaimed:
The despot. Gold. puts Liberty to scorni
The king Of kingsf Shall We supinelY stand
Beside our patrtotY graves
And let him rule us with an iron hand,
Our happy country ruined and tOrlOrn,
Our great Republic ever more the land
OF plutOcrats aud slayes?'
As an American citizen who was Dor
under the Stars and Stripes and as a rel
resentative Of 100000 free people, / sill
cerely hoIe that that day will neve
como to mar the happiness OF our patr
otto people and prosperity OF our glor
Gus country.
This speech, of which tho abov
are only short extracts, was rC
lplete with facts and figures, an
was one of the most forcibl
speeches delivered on the subjec.
Cor entire speech SEQ Congress
sional Record Of August 25, 49,
page 968.) The extracts aboy
are q forcible appeal to congros
not to strike down the industr
i, that the hardy miner and pro-
peetor had built up in the wet
. through great trials and tribull
tons, and it entities Mr.. Joseph {
! the aifectionate regard of ever
miner in New Mexico.
Delegate Joseph has been crit