The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-10-24
....TIIElSsILYERT TRUST.

llE3olLfElllKUol.
4 The Voters OF the Unified States Getting
Their.f:yes oprnei.-T 3ui,an,,yerabio,
4 .iArgunirnt Wheat Furnishes Il Against
sii,sr.si iryan,s tius.i,, About Prices. &
The followinsthrec editorials from the
Nav York Word are commended 10 The
attention of,i I'LL voters who are not vet
convinced upon the three PoIntIreieried
Ito. se3 N & q y, M,
liThe voters ofathe$ United States are
coming TO understand, through the e.,
n,rls or tho World. just what tho silver
campaign Is and what Il means. They,
have learned Its INCEPTION, tn bjert, Its
methods, Its Miles. Publicity has done
tho double work Of argument aud illus.
trntlon Mt ( ~ /, Z, 4. ~ Y, "A
III It's frat article the World shows
that less than 100 men own or control the
biz PRODUCING silver mines uf this coun-
nyt ltlgave the names of tho chief
men among them. II tabulated their
property, II over $500, 600, 900, II showed
that tile commercial vail pc Of the silver
product OF these mines last year WIS
$40, $4,000, but that under frea coinage
| tHNy gN'utN ilANuH tHhuOfl lW' klNu5-.
urer OF their avn league accurately call
cd nm additional profit" OF Ss6.G06. 900.
This ~ the difference between the aver
age market price and the conaKt value
df one years product under the restrict
ed milling enforced by falling prices. A
This Is the enormous stake for which
tho great silver trust 10 playing. This
explains why the Bimetalllc5 Silver
League has no politics but free coinage.
This reveals the motive for the "hold-
up Of the senate md tho capture OF the
Chicago convention, This Illustrates
tho million dollar campaign fund which
the mnc.owners are raising. 3.
II Is an interesting story, worthy. uf
being retold III short chapters.
Unanssyernbls Logic.
One by one the attempts OF the silver
men to break the force of the great rise
In wheat collapse. y "a.
The folly OF .attrtbutlng It 10 manipu-
latan for campaign purposes was too
glarlng to impose upon anybody. The
suggestion that merchants In England,
md the contincrs. In Australia and in
India were deliberately bankruptng
themselves In order to defeat prcsi-
dential candidate In this country was too
absurd to fnd crcdencc even Within
most Ignorant. n -E,aii4
The second contention that II Is due to
u speculative corner" has met with
equally conclusive REPUTATION. Nobody
has been able to find any trace OF the
corner" anywhere and the sales made
are for actual export, as Is shown by the
fact that all procurable freight room
has been engaged six weeks ahead.
"Cornered' wheat never goes abroad,
because the price It bears Is above its
worth for consumption. As q last re-
sort. the free-silver advocates are now
loudly asserting that the farmers Will
not benefit from this advance because
the wheat has passed out Of their hands
before the rise occurred.
This too Is uufoundcd, as the most
trustworthy statistics show. "
BY government estimates the total
crop this year amounted to Al 200, 900
bushels. Dcductlng the 6o.0O0,oOO need
| ed for seed, the farmers had for sale at
the end OF the harvest ISL, 200, 900 bushels,
besides so. 200, 900 bushels that had been
kept In the barng from last years crop.
or 43l 100000 bushels in all. or this
about 26O,000,00o bushels were available
for export. the rest being needed for con-
sumption in this country.
Now. a very close account is kept Of
thS hChS iIitS silltk IL dpUedTS
that only $4,000. 900 bushels are now in
store and in transit from the farms.
Teh most trustworthy, estimate IS that
only At, 100000 bushels in all had been
marketed up to u week ago. 81
This left In the hands Of the farmers
week ago about 56.O0O.00O bushels on
which to reap the profit of q 22-cent ad-s
vance. amounting to more than SCI, 000,-t
O0o ! az
The farmers who are just now hurry
Ing their wheat to market in such guam
titles that the railroads cannot furnish
freight cars enough to carry It will laugh
derlsIvely at the orator or editor who
tells them they are not getting the bene-
fit of the advance. x Is,
Il "0nly; a Guess"
Mr.. Bryan IS now, claiming that free
coinage will advance the price OF silver
TO 81 90 an ounce-thc present price be,
Ing 65 cents. But in his speech in Con-
gress on April 10. 1894, as cited by our
Washington correspondent yesterday,
Mr.. Bryan claimed only that free COIN
age would increase the bullion price of
Bllver-how much he did not know. ut
Is only guess he said. for no one
can state with mathematical precision
what the rise would be-"
He ~ likewise now advocating the
ratio of l6 TO 1 as though 1t possessed
some magical power. It Is both shib-
boleth and fetlch TO him. But in 1894 he
said: THE principle Of bimetallism does
not stand on any certain ratio. Itmay
be at 90 to as well as 16 to l. Is
The principle OF blmetalllsm does not
stand on an honest ratio. which is the
market or the commercial ratio II any
other is adopted is must be with the
concurrence and participation OF all the
great commercial nations. Nothing less
powerful than this can cause the two
meals to circulate side by side.
The important point for our voters,
however. Is that Mr.. Bryan IS now will
ing to risk the honor of the nation and
the disturbance Of all values, including
wages. savings and Investments, upon
proposition which two years ago he
rightly declared to be only guess"
It Is safe 10 guess that the people
will not do It.
Hogs Should be Pcnnel.
Louisville CONVERSATIONAL. (Dem.):
4gt,. -