The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1896-10-16
SOME or rns sllvts sIsas
KussrprisiuE westsrUer who Have c~s~s
Rich on the Sstisssi Treasury.
rCe~, Work World

nuence OF the silver kings would be
vltbout special reference 10
w. A. Clarke of Montana. This gen
,leman in worth $4,000 900. Since the
present campaign opened he has been
ONE OF the conspicuous workers In the
cause Of free silver. As recently as the
sd OF this month he was closeted a long
time with the Bryan managers. MI.
Clarke is one of the principal owners
of the very valuable Anaconda mine OF
Montana. In order TO show the value
OF this property II should be mentioned
that In October. 1895. a one-quarter In
terest In this mine. representing 100000
sharss. was sold to an English syndi-
cate for S2b a share, or e7,6oo.ooo. The
capital stock IL $40, 000, 900. divided into
100. 900 shares. II 10 a copper mine.
but silver as a by-product IL taken
from Il In large quantities-just how
much Il is impossible to learn. In this
city there are several publications de-
voted 20 mining interests that receive
much OF their news direct from the
mining camps. To this information 10
attached the condition that the entire
Weld of tho mine shall be Jumped to-
gether and that no names or any other
particulars shall be made public.
David II. Moffat. the Denver banker,
has made $40. 900. 600 through his mining
interests. He made IL rapidly and
easily. Besides being president Of the
First National bank Of Denver. he owns
large interests In the Maid OF Erin
mine OF Leadville, and IN the famous
Holy Moses. Mammoth. Victor and
Amethyst mines az Creole and rich
properties at Cripple Creek. Ouray'
Aspen and other camps in Colorado.
The Maid of Erin mine Is capitalized
at "a, 600. 900, divided into 100000 shares.
IL has paid s7<o.oo0 In dividends. Gold.
silver, lead and copper are taken out
of the mine The Victor mine Is capi-
taiized at 81, 900. 900. divided into 100000
shares. II has paid ss0s.oo0 In divi-
dends. In July last dividend OF 10
per cent. was declared. Mr.. Moffat was
a Republican presidential elector In
1892. He went over to the Silver party
before the Chicago convention and did
his utmost to secure the silver plat
form. When Il became necessary to
gather together fund to carry on
the campaign Mr.. Moffat was unhesitat-
ingiy placed In charge Of this work.
| II is said that within short time he
| had organized a pool that yielded $780,
900 on the first demand, and that II
| could be depended upon to yield ~
| much more as was necessary. The
| money Is not sent to the Democratic
national committee. but Is spent by the
silver syndicate in it's own way. Mr..
Moffat and Senator John p. Jones have
held many conferences as to the best
plan for fastening free silver on the
people. Senator Jones js worth s26, 900.
II Nc ~ IAnE
up to him In much the same way az
the people OF Colorado look up to Mr..
Moffat. He is q silver man before he
Is anything else. In June ~. 1899. he
declared that X congress repealed the
Sherman silver purchasing law a sill.
yer party would be formed. and thai
there would be q breaking Up Of the
two old parties. The Sherman law wa.
repealed, a silver party has beer
formed, and the rest OF The
prophecy's fulfllment may be seei
four weeks from tomorrow, whei
election day shows how the PEG
pie regard the small group Of pluto
Gratis, OF which Senator Jones. OF Ne
vada, Is q distinguished representative
When I'm 1879 silver was worth NOR
than gold In the open market at tn
ratio of I6 to 4, Senator Jones ant
all the mine owners wanted gold mad
, the money standard. They could sci
! their silver In the open market ant
, they wanted a monopoly OF the Unite'
States minis for their gold. As fresl
discoveries Of silver and improved min
, Ing machinery more than doubled tn
output Of silver II became cheaper
| than gold at a ratio OF is TO !. The
the mine owners began the increasip
agitation TO force the government {
: buy silver at an artificial price no
warranted by the market rate. The
knew that their gold would find
market without the help OF the mintl
I so that they only ask a monopoly G
the minis for their silver. That Is thel
. position today. r.
Concessions 70 these silver monopc
lists have already cost the governmer
STAG. 900. 900. losses on silver purchased
81 what Free Coinage Would Teach.
\ me uIsim.ts rssuit IL not ~ All uncsl
tsis. Afser period of INFINITE oonfusie
: disssssr. humiiiatioe, s.nerins. and mt
n cry the Amsriosa people viii at last r
3 rsis sanity Of mind and arrive again I
. come very ample oosciusionsi That, n 70
4 cali peck . bushsl. Jon will hsvs mol
D busheis, bus NOT more grain, u you call
9 foot . yard, you will have more yards, b'
: .et more cloth, Myou call . squsre yss
. An ssre, you viii have more scres but NJ
r more land, and ~ you ssii 30 cents, o.
|. cent, or . biz Of paper . dollar. Jon vi
: have more dollars, bus not more wealth
! | indeed, great deal les chance Of wssit
l. for you viii have far lsss credit, becaul
: | n, lee, honssty. We shall thsa hal
q learned again that the via Of man eann'
q although insanity tries very hsrd-is
vent a, economic system nudsr whis
!, everything you have 20 sell will be de-
q ssd everything yeu have 20 buy vii
"a cheap. And having soc hold Of thee ain
q v,s trushs, the American people will thu
: In ssokeioth and sshes repent OF this q
:, s>.s frss coinage dsbsuch- -Cspl schurs.
Lower wages.
II Mr.. Bryan should be elected pres
= dent on Nov. every wage-earner
the United States would be working I
Nov. 4 for lees wages than he receive
> ON Nov. 2. BY the votes OF the Amer
can PEOPLE he would be pitchforked Il
stnatiy into lower wages. HIS day
nav ON the silver standard basis wou
buy only one-balf whatit bought und
= the gold standard. Does he think
~ could get his pay doubled to make
wages equal to what they had beel
Does ne think that when employs
-. were going into bankruptcy or stoppii
business by the thousands because
security was diminished and becau
All credit was destroyed-does he thii
that. with ruin upon the nation. al