Elmore bulletin. [volume] (Rocky Bar, Idaho) 1889-1906, 1895-03-30
YEARNS FOR SILVER
England Taught Lesson by the
Evils Of Monometalism.
HER LABOR BEING uNDuRBID
President uIii OF she Great Nurthern
Tells of She Demand for
Himssnlisna.

81. Paul, March 26s--President Hill OF
the Great Northern has just reached
home from an extended visit In Europe
and In the eastern states. He said
II found that there was a great de-
preston In some OF the countries OF
Europe. particularly In Great Britain,
and most particularly in the cotton and
iron industries. The United States Ia
Engiand's best customer. and our inn.
ports have been largely reduced. TO the
advantage or this country and 10 the
corresponding disadvantage OF Great
Britain. The English manufacturers
and landlords owning agricultural lands
are taking active interest In bimetal-
tlsm and the greater use OF silver. They
srr realizing fully that Argentine. AUS
tralia. the East Indies, China and ia
pan. who are on a silver basis. forcing
their labor 10 accept silver which they
buy for Sc per cent. of the vaule OF gold
have a margin on labor alone that ena-
bles them to underseli the English farm
~ and manufacturers In the markets
which England has heretofore controii-
"a. England IL either compelled 10 give
lp large amount OF the worlds trade
" increase the use Of silver In the world
W NhCft dn &AkEIl Nk6t IL W III AOt NC R0H-
slble for her competitors to take advan-
age OF the lower cost OF their labor
growing oat OF the difference OF gold and
silver.
IF the silver men In the United States
| VIII only let congress alone and leave
the matter 70 be worked out by the
commercial profit and loss account OF
| Great Britain, the latter nation will be
| compelled to Join with Germany. France
| and our own country In bringing about
a condition OF things that viii enable
| the English people to meet the compe-
| tition OF other nations on something like
an equal footing. The low prices OF
wheat have already found during the
| past year a new market for that prod
| net. The California and west coast
| wheat. that has heretofore gone to Eu-
| rope. IL now going In ship loads to Chi
Va In The form OF -four where II is TAX
ing the place of rice, formerly used by
4 the Chinese"
RATIO JUST THE SAME.
HAS your opinion changed regarding
he ratio OF gold and silver"
| THAT is immaterial. The proportions
u gold and silver. taken for 1000 years
i
natter-remain practically the same
For period Of 10 years or more. one OF
the other may show a slight change
but theratio remains i5h or l6 to l, and
IL gold and silver were interchangeable
FOR so many hundreds of years In tbs
past, Ii IL difficult 10 see what has oc
CURED to prevent changeability now
l8providing all nations are willing 10 re
ceive it,
CONFERENCE FEELING.
What did you ind the feeling regard
Ing an international monetary confer
ence7.'
France and Germany are willing ans
the land owners and manufacturers o
England are now waging an activ'
campaign to bring the British govern
ment TO realize the necessity OF enhanc
ing the value of silver. not no much 10
the treason that they like silver any bet
ter. but that they desire 10 increase tn
cost OF silver paid TO labor In othe
countries, and In that way TO increas
the cost OF production OF the many com
modIties that England Is interested Il
supplying the world with, and In re
storing the value OF her own agricuitur
| al lands
why can not the other nations &C
Independently OF EnglandT'
simply because London In the finan
ciai clearing house OF the world. and a
commercial balances are practically nd
iusted through the medium OF sterling
exchange or British credit"