The Ketchum keystone. [volume] (Ketchum, Idaho) 1885-1899, 1894-04-14
A Large Story in Drisf

00 4OAAS0SsO 0AAvOAAS0 WA4tOO ~
The Item and asks the following
question: -
I'VE ask you to furnish this pa
per with the exact view of the East
on tho silver question-the broad,
liberal view; because it is hard for
US to believe that this question is
sectional. If your able editor
should see fit to furnish the Mon
tana Silverite with an open letter
for publication. it might have =
tendency to produce . better under
standing between the East and the
West" etc.
The Item is happy to inform the
Montana Silverite that there is NO
SECTIONAL ELEMENT in the silver
question. All that relates to the
profit of the West relates just as
much to the profit of the East.
There is an appearance of section
atty in the matter, however, which
is due to the principal Offices of
those opposed to silver as currency
being largely confined to the East,
although all the large cities of the
country possess their agencies.
These opponents are ALL FOR
EIcNERs. While some of these for
eigners claim citizenship in the
United States, their interests are
not common with those Of AMERI-
CANS.
These foreigners may be best un-
derstood by describing them as
members Of the Rothschild "ring"
"a gathering who are intent upon
opposing silver in the United States
as they do in all the other principal
countries of the world.
Their declared object is to CON-
troll ALL cURRENcIEs. This they
can easier do on q 5000, 100000
gold basis than on an So, coo, 600, 900
gold and silver basis.
Besides that, this "ring" makes
large profits by manipulating the
grain and stock markets by con-
trolling the quotations for silver on
the London Exchange.
All the quotations published as
the auction value of silver are MAN.
UFACTuRED QUOTATIONS which are
made up days beforehand, as in that
way, when the figures are an
nounced the "ring" has all of its
plaIs laid to rake in it's profits of
the rise and fall of goods due to the
rise and fall in the price of silver.
In the case of wheat or cotton,
the "ring." having determined to
pay lower figure for silver, know
that both those productions DROP
AT ONCE to corresponding figure
when the announcement takes place.
Making fabulous profits in this
manner is AB-C to those familiar
with exchange transactions.
Then, too, this ring" sell silver
Short" before the announcement
Of the lower bid for silver is made
public. Millions of profit are made
in that way.
Other millions in the aggregate
are made in the exchange markets
between the gold and the silver
basis countries, as this "ring" con-
troll and do all the foreign exchange
business of the WHOLE WORLD.
So much for the prime movers in
this matter.
Next comes class of money
lenders in the East whose interests
are more or less conjoined with the
mentioned "ring." These, while
they do not directly profit by the
spoils of the main conspirators, feel
what the "ring" recommends to be
about the right thing to do on gen.
eral principles.
They feel that the ring" is in
tent on keeping up the rates of in
terest to the highest notch consis-
'ent with its federation on the part
ot the business community.
In that particular, through the
contraction of the currency by do
ng away with silver, they consider
he gold basis the better policy for
nigh rates of interest are their i'm
mediate profit.
Thus the Eastern bankers and
noney-lenders, as a body, allow
themselves to obey the behests of
his foreign "ring," although the
ring" itself may make ten dollars
% the bankers one under the oper-
alton.
Next all large money-lenders
West and South, through sy mpathy,
and for the last above mentioned
reasons, lend their influence against
silver, although few, if any, among
hem have much idea of the man.
ner in which they are selling out
and their country in the
process.
All the sectionalism there is in
The silver question is confined to
the mentioned establishments and
the widespread influence these es-
adjustments exert on all money
borrowers, which includes about
the entire business community.
The best interests of all Ameri-
can bankers are in the general pros
perity of the country but the men
H;oxor1 ~ hnc l-..Ax