The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-06-18


an people who can rise. even at Intervals.
above the plane OF sodden and material
wAsHISGTox,s INTEREST IN GOLD
Whatever may be thought OF a man who
permits self interest TO dictate his politi-
cal actions, policy OF enlightened self
ishness'' has always been considered as
legitimate and honorable for a state or
nation. 1, is not any phiiaDthropical Idea
OF advancing the cause OF humanity IN
general. but a legitimate desire to revive
a dropping and dying industry upon which
thousands Of their people depend for sup
port which causes the unanimity with
which such states as Nevada, Colorado
and Montana, and such territories as Ari-
zona aud New Mexico declare for free
silver. and openly declare that they Will
repudtate any party which does not have
a declaration in its platform in favor OF
that policy. Free coinage OF silver by
this country. whether IL would restore
the white metal TO its former price or
not. would certainly enhance its value to
It's production profitable business; would
open many idle mines. give employment
TO hundreds Of people and turn capital
into those regions fer the development or
their resources. and the consequent adj
vancing of the interests of all their clti-
gems
This. In the particular states referred
to. is a legitimate and perfectly well-un-
derstood argument. which. however. Is
kept largely for home consumption. That
a man from silver mining region should
DO free silver advocate is simply to say
that he advocates that which viii benefit
his own section OF country and conse-
quentIy himself. and he need not. and as
a rule. does not care. how IL viii affect
the rest OF the country.
But how stands the case with the state
Of Washington? As matter OF fact. the
development OF the mining industry In
this state. already commencing on hand
some scale, and which bids fair 10 assume
gigantic proportions within the next few
years Is due almost entirely TO the de-
preston In the price OF silver: or putting
| IL as the silver advocates themselves do.
TO "the enhancement Of the price OF gold. 1"
| II has been the most noteworthy indus
| trial fact OF the last two years that every
| where. In every quarter Of the globe. gold
| mining has received wonderful. start
| ling stimulus. New processes OF handling
refractory ores and saving gold have been
II l.. A.
| no experienced miner would have looked
| at during the height Of the silver mining
boom of 4 decade ago have proved verila-
| bile honanzss under intelligent and eco
nomieal management The idle money OF
| the world Is today looking 10 this class
| OF investment in greater amount than has
| ever before been known.
| THE state OF Washington. by reason Of
| this fact. Is Just entering on q mining
boom" the signs OF which are seen in all
| directions. In every mineral belt In the
| state the work Of active development is
going on. Hundreds of prospects" are
| rapidly developing into mines. and every
| few DAYS there comes the report OF an
| other mine which has reached the bullion
shipping stage, Capital is already taking
| hold OF these propositions The first stems
| Ia that direction ware ;imId but iattarly
as the value OF tho different properties
has been more fully proven. capital Is en-
teying the field more boldly and y the
| history Of previous ''boomsr' viii furnish
| any criterion. u seems certain that there
| VIII be perfect avalanche Of investors
IN the mining properties % this state as
their value becomes more clearly known.
Hut and this Is the point especially
worthy O. note. nearly 81 the mines and
prospects being developed IN this state
are gola propositions. and II Is also ths
fact that they are As rule 81 low grade
ere. Had silver mining remained AZ the
high water mark OF pro6tsble operation
Il is safe 10 say that the bufS OF The prop
critics here would have been untouehed
~ capitalists for years 30 come
There Is stlH another point IN tsis con.
nectlon- which Is ;hat the closing aowr
o, 80 many silver mines has turned toos.
into ths mountains Of this state MANY
former silver miners and prospacters
\ They have baen the ones who have nr.,
discovered and shown 20 ths world IN.
riches which hare lain untouched n o,s,
rsiaeFSl belt and = Aas been ths capita
! e former miners og silver which IA.
opened she arst q car go,a mines.
Az Republicans are believers in the eee
/ griae - protection % home inaastry. q
The Republicans ~ Colorado ana othei
SILVER states bsisys ~ ana can consistent
y advocate the pgotsction % their hem.
| ps1~iucs. stivvg The situation "a shts stss,
- Radically different The uguex sesas
exploited here arc Eal& mines. Geld ntn
sns = ;ae infant tnaustry'' q ths STAT.
81 Washington. WhieA. however. sl8s tai
80 sxYana snto g{snt proportions Ssfar,
ys2ny y>srs pass hy. The depression Il
sIiver~-ths shutting aaNa ~ silver mines
has led - TIE nirth - galA vstalnx IN thg
state Ama 50 loaE as ~ tso metals -
NaAin at tAs3r present market rzslo. Eot.
yafainx al e.s the particular i7ssnsfr,r :,
y AleA capital ear naess readily - enlisted
- ~psaeY 9. eallgssenea ss1ashaess'
i~ss.5ss TIE SltlxsEz - sAs slvSr na.s.ss..