The Maryville times. (Maryville, Tenn.) 1884-1944, 1896-10-29

FORTUNES FOR
SILVER MEN.
They Will Make Millions
if Free Coinage Is
Adopted.
THEIR PLANS DISCLOSED
The Nina Owners of Utah
Will Make $4,000, 900; of
Colorado, Over $16,000,-
600, and of the Country
Over $112,OO0,00O.

The publication of the circular revealing
the plans of the Silver trust and showing
how the silver mine owners have been call
ed upon by Thomas G. Merrill, secretary
of the Bimetallic league OF the silver
states, to contribute the additional profit
they would receive for their own silver
product for one month" to the Bryan CAM
paign has caused widespread alarm in the
Bryante camp. They have been greatly
perturbed that the public should know that
while MIR. Bryan is fiercely contesting
trusts, he is himself the beneficiary and is
being supported by the most gigantic trust
ever organized.
Mr. Merrill clearly showed in his famous
appeal that with the price Of silver adj
vanced from So cents to 81. 80 an ounce I'M
der free coinage the owners of silver bull
lion would make "a clear profit of GA cents
an ounce on all silver coined Estimating
on the present annual production of 49,
600, 900 ounces, Mr. E. O, Ueehee x-di-
rector of the mint, has denidn1 fited that
the profit to the silver mine owners will be
Sthe difference between the ialues IF the
ptesent product at 65 cents an ounce,
amounting to $113,750,000, and its value
at the advanced price of 81. an ounce,
~hich amounts to $226, GOO, 900. This
profit, 1t will be seen, amounts to $112,-
$50, 900 on the present annual product only.
That is the stake for which the mine own
ers are playing, but they cannot win that
stake unless Mr.. Bryan wins and free
coinage Is successful
Millions For Silver Owners.
Two states-Utah and Colorado-furnish
illustrations of the enormous benefits the
silver owners will reap under free coinage.
The figures for Utah are furnished by Mr..
Merrill himself in an interview in the New
York Herald. He says, 1.-THE silver mines
of Utah produce probably 800, 900 ounces
per month, and the Ga cents profit they
would realize in case Mr.. Bryan was elect
ed and silver sold at S1.29 would be $780,
O00." For one year this would aggregate
81, 304, 00Ol And yet Utah is not one of the
greatest silver producing states. Moreover,
it stands to reason that with the price Of
silver advanced 81 cents an ounce the prod
ucts OF tho mines would be greatly in
creased. The mines would be worked night
and day under such stimulus, with the
result that the Utah mine owners profits
would be greatly in excess Of 1904, 600.
LII ID hIllttIl WOLucIi UliCu, ulliu tHO " Utlil
mine owners cheerfully and Immediately
answered Mr.. Merrill sappeal with a hand
some subscription,
Nor is the state of Colorado backward
in subscribing to the Bryan campaign
fund. The mine owners were quick to
perceive the advantages to be realized from
Bryan's election, and they also responded
to the appeal for funds. Already, accord
ing to DR.. w. S. Bowen, who is recognized
as a skillful political writer, $500, 900 has
been raised in Colorado, and of this
amount $50, 600 has been subscribed by
David II. Moffet, the wealthiest silver man
in the state.
An Enormous Trust.
1t would be odd if the Colorado silver
men did not subscribe to a scheme which
would put millions of dollars in their
pockets, for under free coinage the profit
they will make is eight times as large as
the Utah mine owners will receive Nc
less an authority than Thomas M. Patter
son, % member of the campaign board COM
mittee and owner of the official Populst
newspaper, is said to be responsible for the
statement that the Colorado mine owner:
would make an additional profit of ovel
10000, 900 per year II the United State.
minis are opened to the free coinage O
silver.
Think of these tremendous profits
Profits of So, 804,00 for the silver mint
owners of Utah! Profits of $40, 900, 900 fol
the silver mine owners of Colorado! Ant
$112, $50, 900 for all the silver mine owners
of the various states And all this in ad
dition to the profits the silver men alread.
receive at the current price of silver.
These are profits beyond the dream o
avarice, in comparison with which thu
profits Of other trusts and syndicates dwin
die into insignificance. In order to get thes
profits, the silver men are using Mr.
Bryan. They are backing him with thei
money. They are supporting him will
words of encouragement. And If the.
elect him they will calmly pocket profit
amounting at the very least to $1l2, $50,
000l