The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1896-10-15
SILVER TRUST
Conspiracy to Make Millions at
Last Comes to Light.
GREATEST soHExE ON RECORD

GREATEST SCHEME On RECORD
An Assessmsnt Equal 60 One Months
Profits Called For From the Silver
Mine Owners to Elect the silver Ticket.
II Il Pointed Out This Would He Clear
Profit 60 the Trust.
Thomas 8. Merrill, secretary of the
Bimetallic league of the silver states,
has let the cat out of the bag as to the
conspiracy Of the silver mine owners
to unload their bullion on the United
States government in letter he sent
to the Salt Lake Herald. Mr.. Merrill
says in his letter:
IF Bryan is defeated we must ex-
pect to see silver sold at price that
will be given it simply by its demand
for use in the arts, which will certain
| ly be not more than 40 cents an ounce.
In view of these facts, the owners Of
silver-producing properties can afford
to contribute at least the additional
| profits they receive from their own
silver product for one month to the
Bryanite campaign" He closes with
direct appeal to we'll known silver
mine owners as follows:
II APPEAL TO MESSRS. MIN
TYRE AND CUNNINGHAM OF THE
MAMMOTH, KEITH AND KEARNS
OF THE SILVER KING, CHISHOLM
AND OTHERS OF THE CENTEN-
NAL AND EUREKA, RYAN AND
KNOX OF THE AJAX, PACKARD
OF THE EUREKA HILL, DAILY OF
THE DAILY, WEST, BECK AND AS
SOCRATES OF THE BULLION
BECK. FARNESwORTH & SHARP
OF THE HORN SILVER, AND THE
OWNERS OF THE SIOUX, ONTARIO
wv. r. HEARST VICE PRESI-
DENT), AND OTHER SILVER
MINES OF THIS STATE. WHO CAN
WELL AFFORD TO ASSIST IN
THIS CAUSE, TO FIGURE UP THE
AVERAGE MONTHLY SILVER
PRODUCT FROM THEIR MINES
AND MULTIPLY THE PRODUCT
OF ONE MONTH IN OUNCES BY Ga
CENTS, WHICH IS THE ADDITION
AL PRICE THEY WILL RECEIVE
FOR THEIR PRODUCT-ALL OF
WHICH WILL BE PROFIT-AND AT
ONCE HAVE THAT AMOUNT CON-
TRIBUTED AND PLACED IN THE
HANDS OF THE TREASURER OF
THE BIMETALLIC PARTIES TO
ASSIST MR.. BRYAN IN THE WON
DERFUL CAMPAIGN HE Is MAX
ING ALMOST UNAIDED. IF WE
CAN SECURE THE ADDITIONAL
PROFITS OF ONE MONTHS PROD
UCT OF THE WESTERN SILVER
PRODUCING MINES 1T WILL IN
SURE SUCCESS AT THE ELEC.
TON ON NOV. g."
This circular of the secretary Of the
Bimetallic league Of the silver states
declares officially, and with the ut.
most simplicity, the objects of the sill
yer trust. Secretary Merrill declares
that free coinage Of silver means an
addition Of GA cents an ounce-"ALL
OF WHICH WILL BE CLEAR
PROFIT" to the silver trust-on every
ounce of silver mined!
The production of silver last year
in the United States was IS. .727, ,000
fine ounces. Under free coinage the
additional profit to mine owners
would have been $35,755,280 The
| government Of the United States, the
people, not even the miners who dug
the silver out of the mines would
have received one penny Of this addi-
tional profit. 1t would have been
pure velvet to the mine owners!
The Utah mine owners organized
last Friday night and formed them
selves into q strong alliance for mu-
tual profit. A call had been issued
Sept. %, and last Tuesday night Q lib
eral representation of the leading bus
iaess men of Salt Lake City respond
cd. and several Of the silver mine
owners to whom Mr.. Merrill had ap-
pealed were present.
The meeting created what will be
known as the Bryan campaign fnan-
cial committee. which will be gen.
eral committee to have charge Of coll
lecting funds In Utah to assist the sill
yer campaign. The committee is COM
posed Of thirty-three members. in
cluding those mine owners whom Mr..
Merrill directly addressed -Messrs
DAILY. Packard, Beck, Knox. Mcintyre.
Kearns, Farnesworth, Cunningham,
Chisholm and Mr. Merrill himself.
This committee organized at once,
with r. G. Chambers. president Of the
Salt Lake Herald company, promi-
nent free silver organ. as chairman.
Mr.. Chambers. Mr.. Hearst and Mr..
Tevis are the principal owners of the
Ontario and the DAILY silver mines,
which together have already paid over
$16.000,000 in dividends in recent years.
New York World.
MsKinlsy On che Civil Services.
II would be mistake. because Of
the great amount Of space that Cover.