Butler citizen. [volume] (Butler, Pa.) 1877-1922, 1896-09-17
BRITISH Nine OWNERS


the Permanent silver Lobby OF Able and
Unsorupulous Men Have Been Paid to
Work Tn washington These Many Years
With British silver.-A Pertinent Query
Bearing Upon rAe Present Campaign.
British owners now hold . Large part Of
the silver stocks Of this country, which
produce about %. 900 ,ooo ounces OF silver a
year. British owners now hold nearly all
the othsr productive silver mines Of the
world-in Australia, Mexico, South
America, and elsewhere. Their product.
aside from mines in this country, is t1So.-
900 900 ounces . year. The whole silver
product comes TO IT'S, ,ooo. 900 ounces and Is
increasing at recent prices It's bullion
value is t115, SOC, 900. The value to which
the silvsrcrat party proposes to raise It by
q force bill is s295, 75o. 900. Difference, or
additional profit, s11o, 200, 900 a year on the
present increasing product. That profit Is
the motive force Of the snvsrorat party,
thrss-fourths or moro IN the British inter
est The increase of this mostly Briti2h pro-
went below 50 cents on a dollar in gold.
Why should its On the official report OF
the Broken Hill mine Of New South Wales,
belonging to British owners, IL makes H.
0o0, 600 ounces q year, besides lot OF lead,
copper and gold.
At the market price of silver bullion 1t
has paid its British stockholders in eight
years, on q capital of less than -, ,eeo, 900,
over 90, OK, 900 In profits, Of which over
ee5, ,o0o, 900 was in gold coin, the rest in
stocks. The silvCcras party, under the
direction Of Mr.. =. g. Nswlands, Of Ne
vada the leader, and Mr.. w. J. Bryan, OF
Nebraska, the follower, proposes to double
the market value of that bullion ThA
would give the British owners Of the
Broken Hill mine an added profit On that
one mine, In gold, OF more than $lO, ,oOo, 900
a year. That nins produces only l5 per
cent. Of the worlds product, which Is
mostly British. About an equal profit
would fall to the rest Of the silver mines,
mostly British Here are two or three
little sums for Messrs. Newlands and
Bryan to do:
Tho British Would Profit.
Question III we, acting on behalf OF
the silvercrat party, can raise the price OF
the Il, 900 900 ounces Of silver from the
Broken Hill mine from 90 cents to 81. 81
per ounce, how much profit shall we, 'fn
cidentally," make for the British ownersi
Answer 1-Sl2o minus 66 cents equals
es cents; u, ,OOo, 900 ounces multiplied by So
cents equals y, 10000.
Question al we raiss the price Of the
rest Of the silver bullion product Of 1eS,
o0o, ,0D ounces, mostly British, from Ga
cents TO 81. 90 an ounce, how much add
tional profit shall we Incidentally" take
out of the pockets Of the American work
man and put into the pockets Of the silver
Gratis. mostly Britishs
Answer 2.-e1.29 minus 90 equals 8;
cents; 1873, ,0oo, 900 ounces multiplied by 8.
csnts equals slo2, ,eeo, 900.
Question al the British owners Of the
Broken Hill mine have made No, ,000, 600 or
II, ,0oo, 900 ounces In eight years at the mar.
kst rate OF silver, hew much VIII the
mostly British owners mako In the next
eight yesrs on ITS. seO, 600 ounces . year al
MO an ounce, when we have secursd their
fo,ce bfll 10 bring tho value Of tho silver
bullion Of the world mp 70 that prieei
Answsr.-Mx. Bryan La new 'aneident-
aIly" figuring this out, and Will give th'
answer In his next speech.
Mr.. Bryan says that these incidental
(see the last part Of his address in New
York; profits must not prevent the voters
Of this country from supporting the silver
crat party. Mr.. Bryan goes about thu
country like small roaring lion brayinG
about British bankers, and alleging that
his opponents are subtecting the money
system Of this country to British influ
saos. II that sort Of talk is taken out o.
his speeches, what IL there leftf
Now, II the silvercrat orators regard
this sort OF sauce suitable for the geese
whom they expect to drive, may not Q
sauce OF British silver be rig htly served *
that kind Of gandsr1
II the whole body of persons who are In
good repute in this country to whom have
been delegated the highest positions oi
trust in the custody Of the great enter
pr1sss Of this country, ~ we'll ~ all th'
conduct OF life insurance companies, say
inps banks, and the like, are aotuated by
British influence in thoir efforts to keer
the savings Of the people as good as Brit
ish gold, what shall be said Of the silver
Gratis OF evil repute who are trying to debas,
the American dollar to the level of the
Mexican dollar and TO reduce American
wages 10 the rates of Mexican wagosf
British Silver Emissaries.
In their motive TO be attributed TO Brit
ish silver'
Under what influence have sudden oon
versions been worked in Massachusetts?
Under what influence have the bosses OF
the political machines boen led from th'
true Democratic party to the silvercrati'
party'
Has the permanent silver lobby OF abli
and Inscriptions men been paid to worl
in Washington these many years will
British silveri
Who got up the book Of lies entitled
by millions over the oountryf
Have British emissarios been working
for years for the accidental" Issues (se'
Mr.. Bryan) profits of tho British silve
INTEREST,"
Lst these siivercrat traduoers who prat.
In support OF the credit and honor Of thi
nation take warning lest British silver ant
ita influence be brought home TO them
selves to their own disoredit and dishonor
What Daniel Webster said OF similal
body Of cheap money men sixty years ag'
hts this case, with the change Of tw,
words. which have put In brackets:
He who hampers with the currency rob
labor Of lbs bread. He pnndsrs, indeed, u
greedy capital which IL keen sighted Ant
may shift for itself, but hs beggars labor
which Is honest, unsuspecting, and toe
busy with the present 30 calculate for thi
future. The prosperity Of the workinu
classes lives. moves, and has It's being n
established credit and steady medium O.
payment All sudden changes destroy ID
Aonsst industry never ooAss In for any
part OF the spoils In thst scramble, whiot
tnkss piacs whom the currency Of a country
Is disordored. Did wild schemes and pro
jects over bensnt tho industrioust DID
violent fluctuations ever do good TO hin,
who depends on his daily labor for his
daily broadf Did irredomable bank paper
lnlvsr dollarA1 ever enrich the laboriousl
Certainly nsvsr. All these things may
gratify greedlness for sudden gain or the
rashiness Of daring speculation. but they
can bring nothing but injury and distress
to tho homes Of pationt industry and
honest labor."-Edward Atkinson In Now
York Times.