Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1896-10-22

ton OF social order, with lawlessness
and anarchy. The personifcation of
law and Of social order in America is /
our courts, and the promise of safety to
our free institutions is the prompt oDed-
fence of the people 10 those courts
And, now, the courts are to be shorn of
their power, and shorn of it in favor
OF MODS, bent on rioting and the de-
structlon of property. Worse to my
mind than all this is the spirit of social
ism that permeateS the whole move
ment which has issued from the con-
Vention Of Chicago. 1t is the liner
national Of Europe now taking body
in America. Many adherents of the
II CFemenJ do not perceive its full
meaning; but let them beware. they
are ngnJlng torches, which, borne in
, hands OF reckless men, may light up in
. THIS country the lurid fires OF d com
mune." America, heretofore, has been
free from sOcialstic hatred and war
fare; it has been a country Of oppor-
Luniries for all men, and it has given
10 the laDorer a livelihood higher and
better than is afforded him in any
other country in the world. Is this all
10 be changed? Is social chaos, gloat-
ing over ruins, to be the method of
social elevation of the masses? | am
often confronted with the pamphlet of
Archbishop Walsh of Dublin on bimet-
allism as reply to my objection to
! the silver resolution of the Chicago
convention. The pamphlet of Arch
bishop Walsh has no bearing whatever
on the situation in America. The
question before the people of America
| today is the coinage of silver by this
country independently of the great
commercial nations of the world at a
ratio Of 16 to l. This ratio is the
double of the present commercial value
Of silver. The consequences of I'M
limited coinage in these circumstances
is easily perceived. The boast that the
1 United States is able alone to whip
| England and the rest of the world INFO
the coinage of silver at 16 to 1, or to
force the value of silver up to S1.29 an
ounce, is mere nonsense. With the
! passage of free silver coinage we shall
nave d currency rejected at Its nominal
value from the markets of the world,
unstable and ductuating in real value
business cannot prosper with such a
currency. The first condition of the
| life OF business is certain value today
in commerce and industry. If by the
! time the raw material has been turned
into marketable wares, the currency is
likely to have changed in value, bust
ness in all branches would become a
speculation, a gamble, and a conserya-
ave capital would keep out OF sight.
No loans would be made. 1t is non
sense to say that capital must put itself
into the American market whether the
capital be American or European. We
should not be deluGed by words We
utay clamOr in VAIN for capital; 1t Will
not come to us unless there be securi-
ty for it. 1t will remain in the vaults
OF safety or go to other parts of the
world, where reward is small but GER
tain. And, without capital there will
be no enterprises and no work for the
people. l am absolutely convinced
Cnat the laDoring classes will suffer
the most of all from free silver coin
age
Archbishop Ireland stands in a
spiritual relation to a large class of
voters whose sympaChies are not gen
orally with the republican party He
expressly disclaims ANY attempt at
clerical dictatlOn, saying, Il speak en-
Urely as a citizen, without warrant
from my ecclesiastical position. IL is
manifest that his words must exert an
! Important influence in favor of Major
Mckinley.
Stewards Mexican Silver Mine.
We congratulate William E. Curtis
on the success of his visit to Mexico.
He may not be able to unearth much
else new or important in that land of
DiaZ and free silver, but his discovery
of Senator Stewards interest in a large
and prosperous silver mine is worth
the cost of Mr.. Curtis itinerary.
1t appears from Mr. Curtis CORES
pondence that no pent-up Nevada con-
tracts the silver investments of Sena-
tor Stewart. He is the president and
owner of the majority of the shares in
the International Mining company of
Washington, D. G. This company
owns the group of mines known as the
San Miguel del Mesquital-Which are
said to be the most valuable and exc
profitable mines in Mexico today. The
net profits of these mines are estimat-I
ed at from $1,000 to $4,000 a week.
Just now the commercial value of Sen
ator Stewards share in the products of
these mines is only IS cents an ounce.
According to his well-known argu-
ments the passage of a free-coinage law
would bring the price of silver up to !
$1.29 an ounce and SO double the value
of his investment in the Saint Michael |
of the Messuite trees miues
1t will be remembered that free coin
age Of silver is not limited to silver
produced in the United States. That
would exclude the products of Senator |
Stewards Mexican mines.
The senator is a thrifty soul, exc
foxy
Aesop to Suit the Times.
A certain ass and a horse occupied
adjoining stalls in a large barn, says
the New York Sun. They were fed on
nutritious golden grain and as much
freshly cut clover as was good for their
Vii