The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-09-30

mines OF Colorado are prInclphlly
owned In Colorado. but there Is also
English and French capital In Creole.
The important Aspen mines ARE owned
IN Colorado and also IN New York, BoJ-
ton aud abroad. The Occur d'Alen0
mines OF llah0-sllvcr and lcal-arc
owned chiefly By turf and political
spectators.
iinggin the Greatest In the Trust.
The largest Individual holder OF sill
YER mine interests In the United States
Ia James Ben All ilagglng,of NemYork.
aud San Francisco. Like many other
successful CnlIfornians. Mr.. llnggin Is
Of southern stock. lie was born In
Mercer county, Kentucky. and went
from that section to tho Pacific const,
where he gradually accumulated u
largo fortune In silver and copper MIN
Ing md In other interests. He Is one uf
the owners OF the Anaconda copper
mine, and tho chief owner OF tho on
tnrlO, Mr.. llaggIn Is not obstructive
In his manner Of life, and therefore at
tracts less attention than some mine
owners who are far less wealthy. His
fortune IN estimated at from . O,OOO,-
900 to $3.50 900.
The silver king reputed to have
the largest amount OF ready money
among those interested exclusively. or
almost exclusively. in silver mining IL
David II. MOrntt. MIR. MOffatt Is a mn
tive or Orange county, In this state.
and II about hfty-seven years OF age,
Mr.. MOfTatt's position In the oliver
world Is probably unique. lie IS q ban
kGr who holds silver mine interests rs
Investments; he Ism ct IL silver miner.
His business career began In the New
York Exchange National Bank, In
which h" was Il messenger. boy at nf-
teen. \ yCnr later he went west, and
got Into banking at Denver. lie made
money rapidly, and he put his money
into Colorado silver mines. The greater
portion OF II ls there now. Having cap
ltul outside of that tied up In the mines
he is easily able to stand up under the
depression, which has affected silver In
terests generally. Mr.. Mofratt raised
the great silver campaign fund for this
year.
The cashier OF this secret syndicate
Is AIR. J.. II. Stevens. whose h%eadQunr-
ters nre In front Of the Democratic
national committee headquarters and
under che same roof In Washington.
This syndicate OF silver mine owners
has already gent out 5000, 900 dOcu-
| ~ W ''AN AN "a AAl'A W nv 10
dom Of making the government buy
at 81 % an ounce. all the silver the sill
yer trust can mine. when the market
price is Sc cents an ounce. Mr.. MOfGatt
will not admit that he Is the head OF
the Colorado end Of the trust, Just as
senators Jones and Stewart are of the
Nevada end: Mr.. Hearst and Senator
Cannon, OF the Utah end. Senator Lee
Mantle. Marcus DAILY and Mr.. HaSEln
OF the Montana end. and Senator Du-
Bots OF the Idaho end. Some OF the sem
| ators mentioned are only the counsel Of
the mine owners, but their interests
and that OF the silver trust itself are
Identical. The silver trust denomlnateS
them and sent them TO the United
States senate 10 make laws In the IN
terest OF silver.
Another great silver mine owner. but
not Il member OF the trust. IS John ",
Mackay, Of the Postal Telegraph and
Commercial Gable Company. He is one
OF the bonanza kings"
An 5000, 900 CT r culnr Fund.
The question OF free silver Is not one
over which the silver kings will hag-
gle concerning the cost. The returns
in case OF Success Will be SO gigantic
that no outlay will be considered. D. ].
CampaH had advanced the money nee
cssary to open the Washington head
quarters. Banker Monatt Is in charge
OF thep DOL whence flowed the $780,
600 circular fund" and II will keep on
yielding money until the fight Is over.
F. q. Ncmlands, 4 member OF Con-
Eress. handles the Sharon millions, and
is the chairman Of the national silver
party. Other men whose millions grew
out OF silver are directly connected
with the present campaign. Their in
tercst In the free silver movement Is
not by any means Of recent date. 1t has
already been said the agitation has
been going on for twenty years. Dur
ing the last few years 1t has been very
\ active. IL was carried into the senate
In 1893 by Stewart and Jones, OF Ne
braska; Powers, OF Montana, and Fell
ton, OF California. and n long report on
the cost OF mining was issued. In
June. 1891. the Executive committee OF
the silver party met in the Hoffman
house and discussed the free silver
question. At this meeting General A.
J. Warner. OF Ohio: Francis J.. Mem
lands, OF Nevada. and Il. ". Itumsry,
of Missouri. Senators Jones and Stew
rat were near by In order to give the
cOnfcrces the benefit OF their advice.
On June %. 1890. there was a meet
ing Of mine owners at the Brown IGl-
ace hotel in Denver. 10 discuss 'legis-
lation." Among those who attended
this meeting were ]. B. Grant, OF Oma-
ha, and Z. L. Holden, both large own
crs Of silver mining interests. Marcus
DAILY was the principal In arranging
this meeting In all OF the agitation
during the last few years the same
men are always found in the front. No
new amt ever appear. The men are
those who have the biggest interests In
silver and In whose pockets the success
OF free coinage at the ratio proposed
would pour millions OF dollars.
Take hold OF any big money produce
Ing interest In the free silver campaign
and follow II for a time and soon the
millions of the big silver trust Will
block the way. Touch the welfare Of
any n of the %millionnires who are be-
hind the free silver movement to-day
and interests representing more than
$500, 600. coo will culver like n mound OF
jelly.