The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-10-04
SILVER Trust CONSPIRACY.
Secretary of the Silver States III
metallic League Officially States
It's Object. ss

metallic League avOhhctafly States
It's object.
New York World.
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 government 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 price That will be given 1t
simply by its demand for use in the arts.
which will certainly be not more than 40
cents ounce In view of these facts, the
owners OF producing properties can af-
ford to contribute. at ieast the additional
profits they receive from their own silver
product for one month TO the Bryan cam
paign." He closes with direct appeal to
well-known silver mine owners follows:
Il appeal to Messrs Mcintyre and Ginning
ham. of the Monmouth: Keith & Kearns, of
the Silver King Chisholm and others, of the
Centennial and Eureka fRyan Knox of
the Ajax; Packard Of the Eureka Hill; DAILY,
OF the DAILY; West, Beck and associates, of
the Bullion-Beck; Farnsworth & Sharp, of
the Horn Silver and the owners of the
Sioux, Ontario CIV. r. Hearst vice president).
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 ia the
additional price they will receive for their
product-all Of which will be proft-and at
once nave that amount contributed and placed
IN the hands of the treasurer of the hine-
tallic parties to assist Mr.. Bryan I'm the won
oer1ul campaign he is making almost unaid
eo- II we can secure the additional profits
oI one months product of the Western silver
producing mines 1t will insure success an
the election on Nov 81 80
rms circular Of the secretary Of the
olmetallic league of the silver states
declares officially and with the utmost
simplicity the objects of the silver
e erust. secretary Merrill declares that
Tree coinage Of silver means, an addi-
tlon OF "a cent an ounce-"all Of which
VIII be clear profit" to the silver trust
on every ounce Of silver minedi
Inc production of silver last wear in
the United States was 55,727, 900 fin.
ounces. Under free coinage the ad-
oltiona! profit to the mine owners
would nave been 35,755, $50. The gov
errment Of the United States. the peo-
pie, not even the miners who Dig tha
silver out OF the mines would have re-
ce1ved one penny of this additionst
profit. 1t would have been pure velvet
to the mine owners!
Inc Utah mine owners organized last
Friday night and formed themselves
into a strong alliance for mutual profit.
A call had been issued Sept %. and last
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 Finan-
c1al committee, which will be a general
committee to have charge of collecting
funds in Utah to assist the silver cam
paign. The committee is composed of
th1rty-three members, including those
| mine owners whom Mr. Merrill directly
ddressed-Messrs. DAILY, Packard.
Beck, Knox, Mcintyre, Kearns, Farms
worth, Cunningham, Chisholm and
Merrill himself This committee or
| ganized at once, with r. G. Chambers.
president of the Salt Lake Herald COM
pany, a prominent free silver organ as
| chairman. Mr.. Chambers, Mr.. Hearst
and Mr.. Tevfs are the principal own
ers Of the Ontario and the Daily silver
mines. which together, have already
paid over $4,000, 900 in dividends in re-
cent years.