Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1897-08-10

CURRENT COMMENT.

TIHE recent rise

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TIE RECENT The recent rise in
RISE IN wheat prices is now
WHEAT PRICES. accounted for BY the
action Of certain capitalists in Wall
street playing "bull' on the Chicago
market. Thtre is no doubt the spec
ulatols can ''buIln or "Dea,'" wheat
all the way down to 10 cents and up
to ST. u DuShcl for a considerable time
at least.
The fact is that unlimited capital in
the hands Of the modern gambler on
the board Of trade is able to set aside
the effect OF natural laws Of supply
and demand on prices, and, as u con
sequence. ali business hereafter is sim
ply speculation. You can no more
figure on o certain price for any, even
the most stable nccoss2rics OF human
existence, than YOU can on the state Of
the wtathcr. Whether wheat shall be
40 cent; or:l II bushei and that means
whether 20, 900, 900 people in this coun-
try shnll prosper or be bankrupt de-
ponds now not On the cost Of produc
tlOn Of wheat, nor on the supply or de-
Of {; few nulti-mii lionaircs in Chicago
or New York Oh whether they :4lc tulls
on bears. And our wise men admit that
there is no help from this disorder
that The republic can not save It's 20
600, coo Of wheat producers from spec
ulation by~a couple Of craaks in the
city OF Chicago. It is no wonder that
Uncle Sam looks kind OF worried Of
late and is generally seen stroking his
beard IN profound meditation.
3: -
THE DINGLEY REPUBLICAN, ROWS
BILL AND papers. and especially
PROSPERITY. the small cookoos, are
nov c:;uItingly arrogant about their
preten|.cl returning prosperity, and
their columns are full Of boiier-pl5ete
matter taunting the populists and free
silver men about it. But a year from
now tl;cy won't be 50 darned fresh"
about the Dingley bill and prosperity.
The Mckinley bill Of 1890 was a rea-
sonab}e and moderate bill compared
with the Din1ley bill, and vet in less
than two years it was overWhel elmingly
rejected 81 the polls. Just wti5 until
the shopping brigade finds out that
everything to be bought from the store
is hiyllc" and higher, and the incomes
to ordinary people still getting less
and less. and then these shouters will
probably have to tune their harps to
another melody.
1T MAY SOLVE THE gold discov-
TIE "'ON6Y cries in Alaska NAV
pCEe ION solve the money CUES
tion certainly. II the Alasl:a gold
fields can double the annual output
Of gold, then it will be equal TO the
free coinage OF silver with out tie late
gold discoveries. If there is enough
available gold in the world to Go the
money function, and prevent it from
= being coruered up by creditors to the
ruination Of dehtors, then we don t
need silver. The gold discoveries in
1918, by increasing the money volume
to do business with, changed the then
depressed condition Of the world to q
period Of progress. Large gold dis
coveries will do the same thing now
Let it be conclusively established that
there is an inexhaustible supply of
available gold in Alaska or elsewhere
and then we shall see: the biggest kind
of q business boom, not only in this
country: but all over the world. .>....
.=>.H ~ y: i e9. i d. .&->.-s
" IS PROVIDENCE = HERE. those wise and
!, s. " AT WORK TO shrewd money nanip-
g% SAVE MANKIND? vt> nj ators Of London and
{ New. York have for years been plot
ting to enslave the world by their gold
contracts, gold clauses, etc. Should
now the gold feldssin Alaska be SO
rich as to double the stock Of gold in
"a few years. ometlling not at all I'M
probable-th these greedy shylocl1s
would be caught in their own trap like
/ the shy ylock OF old. Should this prove
& to be the case, every thinking aud de-
#Yout mind would see in it the benign
hand S g tan Q over1u g ling pro idence.
II :ess y
THE EFFECT CF The instant i that It
AZ INCREASE is certain th at there y IS IS.
soF TIE ouTPl' lenty Of gold, nd
ing Of gold vii cease at once and tie.
oek of 6 q d noW Toe will
tflro ID To- eircu latio d. 81
have sgold N ant to exchange 3it fo1,
3prop and prices of property will
pr operty wi i be imp yelas and
men Let this
go craze be once bro ken let those
who sill Orne1, ia cold
8 once lna stand & hat nnatsbe
ules-