The representative. [volume] (St. Paul, Minn.) 1893-1901, 1897-08-04

arrived at such a practical state or
mind. We understand :hat nOtwith-
standing the decadsnce Of silver min
ing, owing to the low price of the white
metal, there has been such an increase
of gold output that the state Is now
more prosperous than ever before.
Gov. Adams is quite philosophical.
He says: "One Of the great pillars
(silver) which has for ::-ears sustained
the commerce of the world having been
thrown down. placing double duty
upon the one remaining (gold), we
must, as wise men, do what we can to
make it equal to the double burden.
To do this there is but one safe and
true way, and that is to increase the
amount OF gold with which to carry
on the business Of mankind"
The governor probably does not ex-
aggerate when he claims that Colorado
is capable of contesting with California
for the first place as gold producer,
and that it furnishes a very inviting
field for investment, for mining Is no
longer mere chance speculation, be-
cause certain results follow the sys-
tematic and scientific application of
capital to gold production. He be-
lieves that the time was never more
suspicious for investmen. in gold min
ing, for never before was gold worth
sc much and could it be produced so
cheaply. mechanical skill, invention
and science have joined hands until the
cost of production is less than ever
before. Railroads thread nearly every
mountain valley, so hat freight Is no
longer a serious problem. All other
products perish" adds the governor in
4 burst of enthusiasm. Gold and sill
yer remain as permanent contributions
20 the wealth of the world. In their
production you compete with 10 opA
irjure no one; You promote the vel.
fare of all. Production OF gold addA
to the value of every product of field,
orchard, pasture. You give work to
laborer, mechanic, professions; patron
age to merchant, manufacturer; sup
port to every industry. No concern
as to markets, no fear OF overproduc-
ticn. He who discovers a new Cripple
Creek, a Leadville or San Juan is
benefactOr, a Columbus. Every great
mine is milestone on road to finan-
cial and Industrial redemption. Few
explorers have ever endowed a nation
with richer dover than the prospec-
tor; he it was who gave California, Col
crado, the West to civilization"
The Tribune is very glad to do what
lies in its power to encourage legit-
mate investment in gold mining There
is no fear of Cutting the market for
years, and perhaps not for generations
to come. Every increase CT produc-
ton OF the yellow metal erlarges the
monetary basis, increases the supply
OF redemption money and aids in the
revival of all industry. Therefore we
say to the Colorado miners and TO all
who may feel drawn to exploit the gold
fields of that state, or Of Minnesota
and other states, dig away gentlemen.
II you strike it rich you will not only
be benef1ting yourselves but the whole
community. Every million dollars add
ed to the annual gold production will
make the ultimate solution of the
monetary problem easier and at the
same time facilitate exchanges and
increase the volume Of business. II
the production of silver could halt un-
til that of gold las compared with the
worlds demand) overtakcs it, then the
two metals might naturally come to-
gether again at the old ratio
Our friend is right. This is a dead
"give away
If the mining of more gold adds to
the value Of every product of field.
orchard and pasture" why would not
the restoration Of silver to it's old place
as money add still farther to the "valuo
of every product of field, orcnar1 and
pasture If it IS good for the people
to increase the product of the gold
mines of the world, would it not be
equally advantageous to add to the
~ OuuCI vi Iuo silver ulluoS Oh inc
world, by remonetizing silver, and
thereby doubling it's price and doubling
the inducement to mine it?
If every increase OF production OF
the yellow metal as the Tribune says.
"enlarges the monetary basis, increases
the supply of redemption money, and
aids in the revival of all industry" why
would not an increase in the supply OF
the white metal have the same effect?
The Tribune article gives away
the whole fraud practiced on the peo-
pie. 1t comedies that prosperity de-
ponds on the amount Of primary money
in existence, and it urges increased
gOld-mining to meet This necessity:
while, at the same time, it insists thaE
silver, which was primary money, side
by side with gold, for 5000 years, raust
be slaughtered and stamped out of
existence
1t uncOvers the whole dreadful con-
spiracy, which has sent millions to in
sane asylums, poor houses, prisons
and bloody graves. 1t admits every,
tninS. And it advises the people t.
submit to what is past and stand what
Is to come, for the sake of the money
lenders and the G 0. P.
He is a mighty mean man (as the