Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1896-10-08
THESuVER TRUST CONSPIRACY
The Secretary Of the Silver States BimetaLc League Officially
States Its object and Its Prospective Prohfs--AnA ASSESS
ment Equal to One Months Profits Called For from Silver
Mine Owners to Elect the Silver Ticker.

Thomas s. 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 Gov
eminent in a letter he sent to the Salt Lake Herald. Mr.. Merrill
says in his letter:
"If Bryan is defeated we must expect to see silver sold at a
price that will be given it simply by its demand for use in the arts,
which will certainly 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 products for one month to the Bryanite campaign" He closes
with a direct appeal to wellknown silver mine owners as follows:
81 appeal to Messrs Mcintyre and Cunningham of the Nam
moth, Keith and Kearns of the Silver Cling, Chisholm and others Of
the Centennial and Eureka, Ryan and Knox of the Ajax, Packard of
the Eureka Hill, Daily of the DAILY, West Beck and associates of the
ers of the Sioux, Ontario v. R. Hearst, vieepresidennt and other
silver mines of this state, who can we'll afford to assist in this cause, to
multiply the product Of one month in ounces by "a cents, which is
the additional price they will receive for their product, all Of which
placed in the hands of the treasurer of tho bimetalic parties to assist
Mr. Bryan in the wonderful xa ds1it;a campaign psign. he ne is : making king, almost most. nna i d.
Western silver producing mines it will insure success at the election
. q ' This circular lar Of the secretary efthe bimetanic League of the all
yer ftates Declares officially and with the utmost simplicity, the OBJ
jects Of the silver trust, Secretary Merrill declares that free coinage
of silver means an addition of 64c an ounce-'ALL OF WHICH
WILL BE CLEAR PROFIT" to the silver trust-on every ounce Of
silver mined!
727, 900 fine ounces. Under free coinage the additional prohNt the
mine owners would have been 1886, 755, $50. 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 profit. 1t would
have been pure velvet to the mine owners!
The Utah mine owners organized last FRIDAY night and formed
themselves into a strong alliance for mutual profit. A call had been
issued September 2s, and last Tuesday night a liberal representation
of the leading business men of Salt Lake City responded, and several
of the silver mine owners to whom Mr.. Merrill had appealed were
present.
The meeting created what will be known as the Bryan campaign
financial committee, which will be a general committee to have
charge of collecting funds in Utah to assist the silver campaign. The
committee is composed of ~thitythree members, Including those
miners whom Mr.. Merrill directly addressed -Messrs. DAILY, Packard,
Beck, Knox, Mcintyre, Kearns, Farnsworth, Cunningham, Chisholm,
Chambers ! mSsrsn president s;sa Of the Salt Lake Herald company M my, a pro prominent n
free silver organ, as chairman. Nh. Chambers, Mr.. Hearst, and
Mr.. Tevis are the principal owners of the Ontario and the DAILY sill
yer miues, which together have already paid over $40, 900, 900 in
dividends in recent years.