The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-09-05


Hon. Richard Macintosh, the pro-
prietor Of the Pioneer and Park City
Sampling works. and who is also
heavily interested in different mining
enterprises throughout this western
country, returned yesterday from an
extended trip abroad, and when seen
by representative of The Herald he
stated that he had had a most enjoy
able time but that he was glad to be
at home again.
Mr.. Macintosh was in London at the
time OF the queens jubilee, and he
states that this was the most wonder
full pageant the world ever saw, and
that during the jubilee something was
going on all the time to attract and
interest the multitude of visitors.
In speaking Of tne parade Mr.. Mack
intosh states that the display made by
the guards and troops of the royal
household w2s truly grand. but tnat
the parade Of the colonial troops with
royalty well represented in the gay
thrcng was the most impress.ng sight
he ever saw, as there were representa-
tives in the great concourse Of people
from the subjects Of the queen in every
country over which the British flag
held sway, and every shade of color
ana nationality seemed TO vie each
with the other in rendering patriotic
loyalty to Queen Victoria in this, the
60th anniversary Of her reign.
The most interesting features of the
jubilee, according to Mr.. Macintosh,
were The parade, the Spithead review
of the navy and the military review
at AldershOt.
The review of the navy was particu
lacIy interesting. as, on this occasion,
there were g. miles of battle ships in
line, TIE greater proportion OF which
waved the British flag.
During this demonstration a superb
illumination took place as soon as II
was dark At a given signal the ships
Of the two Admirals were lighted by
electricity. and almost instantly the
whole line of vessels was Wreathsd
with light in a most magical manner
and the firing of saluteS inspired one
With the might and power of the Brit
ish nation.
IL answer to the question as to the
financial outlook in Europe and the
possibilities for silver, Mr.. Macintosh
stated that he had talked with a mem
Der of parliament. who was also a
member of the monetary commission,
who had stated that there was no in
tention whatever to reopen the Indian
TO cooperate with the United States in
the rehabilitation Of silver. England
was willing, however. for the United
States to go ahead and establish free
coinage, and if the movement was sue
cessful. then Europe might adopt BIZ
metaliism. But the fact of the matter
is that the people of England, as =
whole knew little if anything on the
subject and talked about it less. AS. a
Of how 4
of Europe are in mist in regard to
the VeXed que on, which, like Ban
quo's ghost" wiz not down, and Mr.
Macintosh is - the opinion that this
important question. which is certainly
not settled as yet in this country, will
continue to trouble and perplex the
eastern financial world for soma tine
20 come; or until reconciliation
takes place, as it is plain 10 ~ .>-
that although the production CT silver
has been lessened. there is no use fol
this commodity excepting as money
metal.
IN reviewing the situation Mr.. Mack-
intosh is Of the opinion that the SHARP
and rapid advance in wheat, corn
cotton and other staple commodities is
likely to relegate the finareial question
to the rear for some time TO come, and
during this period this country will see
an era of prosperity All Europe is
suffering for want of hreadstufts jus
now. but once let the countries of Eu-
rope have one big harvest and Their
wheat in the United States Will dror
back to so cents q busnel, and then
with 9 scarcity of money all over this
country the subject Of silver viii onct
again come to the front for recognition
when it will be found that this is still
q living issue Still, no matter how the
people may feel regarding the SLUMP
IN silver the foreign demand for wheat
corn and other products of the farm is
a GOd-se1ld to this country. and condi-
lions in the east viii improve. for q
time at least, and this Improvement is
sure to be beneficial to the lead mar
ket. as good times in agricultural cir
cles always means a greater consump-
ton of paint and lead pipe in beaubi-
flying homes and in building matters
and Mr.. Macintosh is of the opinion
that the price Of lead in consequence
is almost sure to go above the 81 mark
And l would not be surprised" said
the gentleman in conclusion, ito see
silver advance to at least 60 cents, as
they cannot get along without the
white metal in the Orient
GTVcER M D7nM AM MTG